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Tuesday, May 12, 2015

INDIAN EQUITY MARKET OUTLOOK-13 May 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 46 points higher.
             
Headlines for the day:
Natco Pharma Board to consider increasing FII limit to 49%
Religare will sell its 44% stake in insurance JV to BCCL
Lupin is included in MSCI Global Standard Index

Trend in FII flows: The FIIs were net  sellers of Rs  -1329.43 Cr in the cash segment on Tuesday while the DIIs were net buyers of Rs  1331.93 Cr, as per the provisional figures released by the NSE.

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