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Wednesday, May 20, 2015

INDIAN EQUITY MARKET OUTLOOK-21 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 16 points higher.
                         
Headlines for the day:
IRB Infrastructure bags Rs2,650 crore BOT project from NHAI
Cadila Healthcare eyes Claris injectables arm for Rs3400 crore
Serum Institute may weigh merger with Cipla    
                                                                                         
Results on May 21, 2015
Indiabulls Real Estate, Shree Renuka Sugar, ICRA, Zee Entertainment, SCI, MMTC, Voltas, CESC, Britannia Inds, Bajaj Holdings

Trend in FII flows: The FIIs were net  buyers of Rs 123.49 Cr in the cash segment on Wednesday while the DIIs were net buyers of Rs  103.58 Cr, as per the provisional figures released by the NSE.

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