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Sunday, April 19, 2015

INDIAN EQUITY MARKET OUTLOOK-20 Apr 2015

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INDIAN BENCHMARK are likely to open on a flat note as the global cues look subdued with SGX Nifty trading 1 point higher.        
 
Results on April 20, 2015
Hindustan Zinc, Persistent Systems

Headlines for the day:
Glenmark Pharma to raise Rs945 crore through preferential allotment
LIC buys 0.18% stake in Axis Bank for Rs243 Crore
Natco Pharma  gets USFDA’s approvals for anxiety drug Alprazolam

Trend in FII flows: The FIIs were net  sellers of Rs -675.71 Cr in the cash segment on Friday while the DIIs were net buyers of Rs  72.52 Cr, as per the provisional figures released by the NSE.

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