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Sunday, May 3, 2015

INDIAN EQUITY MARKET OUTLOOK-4 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 54 points higher.    
                             
Major Headlines of the day:
Aditya Birla Group consolidates apparel biz into one entity
GAIL to stop LNG imports at Dabhol till October
V-Mart to invest Rs200 cr, add 200 stores in 5 years

Trend in FII flows: The FIIs were net  sellers of Rs  - 3157.61Cr in the cash segment on Friday while the DIIs were net buyers of Rs  2460.8 Cr, as per the provisional figures released by the NSE.

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