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Monday, May 4, 2015

INDIAN EQUITY MARKET OUTLOOK-5 May 2015

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INDIAN BENCHMARKS are likely to open on a negative note as the global cues look unsupportive with SGX Nifty trading 22 points lower.
                             
Results on May 05, 2015
Century Textiles, ABB, Tube Investments, Kotak Mahindra Bank, Dabur India, OBC, South Indian Bank, Muthoot Finance, First source Solutions, NIIT Technologies, SPARC
                                                               
Headlines for the day:
Sun life to raise stake in Birla Sun life Insurance
HDFC Life IPO likely in H1FY16
SKS Microfinance Q4FY15 results—net profit up 50%  YoY

Trend in FII flows: The FIIs were net  buyers of Rs  60.53  Cr in the cash segment on Monday while the DIIs were net buyers of Rs  146.8 Cr, as per the provisional figures released by the NSE.

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