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Thursday, May 14, 2015

INDIAN EQUITY MARKET OUTLOOK-15 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 33 points higher.
                 
Headlines for the day:
April WPI Inflation at -2.65% Vs -2.33% (MoM)
Oriental Bank Q4 asset quality improves
DB Corp Q4 earnings below estimates
Indian Bank Q4 net profit at Rs206 cr: Asset Quality Stable

Results on May 15, 2015
Nestle India, JK Lakshmi, Jain Irrigation, Videocon Inds, Torrent Pharma, JSW Steel, Cox & Kings, Dena Bank, BF Utilities, Cadila Healthcare, HDIL, Edelweiss, IL&FS Transport

Trend in FII flows: The FIIs were net  sellers of Rs  - 73.76 Cr in the cash segment on Thursday while the DIIs were net buyers of Rs  302.57 Cr, as per the provisional figures released by the NSE.

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