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Tuesday, June 30, 2015

INDIAN EQUITY MARKET OUTLOOK-1 July 2015

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INDIAN BENCHMARKS  are likely to open on a cautious note as the global cues look unsupportive with SGX Nifty trading 41 points lower.                                                  
                                     
Headlines for the day:
EMC acquires strategic stake in McNally Bharat at Rs100/share
BNP Paribas Cardif keen to increase its stake in SBI Life Insurance
Ashok Leyland receives order worth $50mn from Zimbabwe

Trend in FII flows: The FIIs were net  sellers of Rs   - 551.38 Cr in the cash segment on Tuesday  while the DIIs were net buyers of Rs 580.59 Cr, as per the provisional figures released by the NSE.

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