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Thursday, June 11, 2015

INDIAN EQUITY MARKET OUTLOOK-12 Jun 2015

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INDIAN BENCHMARKS are likely to open on a cautious note as the global cues look mixed with SGX Nifty trading 24 points lower.                                                    
                                                             
Headlines for the day:
World Bank to extend a USD 600 mn loan to PGCIL
Glenmark gets final USFDA nod for psoriasis cream
Lupin gets USFDA approvals for anti-inflammatory drug Celecoxib

Trend in FII flows: The FIIs were net sellers of Rs   -622.89 Cr in the cash segment on Thursday while the DIIs were net buyers of Rs  589.29 Cr, as per the provisional figures released by the NSE.

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