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Monday, March 23, 2015

INDIAN EQUITY MARKET OUTLOOK-24 Mar 2015

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INDIAN BENCHMARKS are likely to open on a cautious note as the global cues look muted with SGX Nifty trading 13.50 points lower.
     
Headlines for the day:
NIIT Tech to provide $10 mn towards unbilled revenue in current quarter
Dr Reddy's Laboratories inks pact with Hetero to launch Hepatitis-C drugs
Bajaj Auto to launch new variant of Pulsar in next few days

Trend in FII flows: The FIIs were net  buyers of Rs 417.41 cr in the cash segment on Monday while the DIIs were net buyers of Rs. 403.91cr, as per the provisional figures released by the NSE.

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