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Sunday, May 31, 2015

INDIAN EQUITY MARKET OUTLOOK-1 June 2015

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INDIAN BENCHMARKS are likely to open on a cautious note as a fresh trading week with attention focused on the Reserve Bank of India’s (RBI) monetary policy review on Tuesday. SGX Nifty is trading 32.00 points down.
                                                                                                 
Headlines for the day:
L&T goes slow on chasing global orders as domestic mkt revives.
UB Group to hike stake in MCFL, to buy shares from Zuari.
RCom to invest up to Rs2,000 cr this fiscal.
DLF may close two pvt equity deals by Sept to raise Rs1,000cr
                                         
Trend in FII flows: The FIIs were net buyers of Rs  2284.3 Cr in the cash segment on Friday while the DIIs were net sellers of Rs  -2267.88 Cr, as per the provisional figures released by the NSE.

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