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Wednesday, May 13, 2015

INDIAN EQUITY MARKET OUTLOOK-14 May 2015

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INDIAN BENCHMARKS   are likely to open on a dull note as the global cues look unsupportive with SGX Nifty trading 23 points lower.
                   
Headlines for the day:
Pantaloons Fashion post improved operational performance
Deepak Nitriate Q4FY2015: Lower interest cost supported earnings growth
Ashoka Buildcon Q4 consolidated net revenue grows 32% YoY to Rs803 crore

Results on May 14, 2015
Arvind, Balkrishna Inds, GSFC, Aditya Birla Nuvo, Castrol, Monsanto, Amtek Auto, NCC, OBC, Indian Bank, Manappuram Finance, Oracle Financial, Jubilant Food, DB Corp

Trend in FII flows: The FIIs were net  sellers of Rs  - 71.2 Cr in the cash segment on Wednesday while the DIIs were net buyers of Rs  254 Cr, as per the provisional figures released by the NSE.

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