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Sunday, March 1, 2015

INDIAN EQUITY MARKET OUTLOOK-2 Mar 2015

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INDIAN BENCHMARKS are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 97.50 points higher.
                             
Headlines for the day:
Coal India board gives nod to East Corridor Rail project
Petrol, diesel prices raised by Rs3.18 and Rs3.09 a litre
China HSBC PMI at 7-month high in Feb but deflation risk persists.

Trend in FII flows: The FIIs were net buyers of Rs 614.03 cr in the cash segment on Saturday while the DIIs were net sellers of Rs. -740.74 cr, as per the provisional figures released by the NSE.

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