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Tuesday, May 19, 2015

INDIAN EQUITY MARKET OUTLOOK-20 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 23 points higher.
                                       
Headlines for the day:
Lupin gets USFDA approval for Azithromycin tablets
Glenmark Pharma issues 1 crore shares to-Aranda Investments
Syndicate bank’s board approves Rs2000 crore equity capital raising                          
           
Results on May 20, 2015
Bajaj Finserv, DLF, Bajaj Finance, Tata Steel, Lakshmi Machine Works, Bharat Forge

Trend in FII flows: The FIIs were net  buyers of Rs   48.06 Cr in the cash segment on Tuesday while the DIIs were net buyers of Rs  451.02 Cr, as per the provisional figures released by the NSE.

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