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Sunday, June 14, 2015

INDIAN EQUITY MARKET OUTLOOK-15 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 31.50 points lower.                                                  
                                                                                                 
Headlines for the day:
Rainfall 5% above normal - some relief for FMCG, Auto and  agro-chem. sector
Maggi ban continue as Bombay HC refuses to grant relief to Nestle
JLR May 2015 global retail volumes down 2.1% YoY

Trend in FII flows: The FIIs were net sellers of Rs-670.96 Cr in the cash segment on Friday while the DIIs were net buyers of Rs  705.58 Cr, as per the provisional figures released by the NSE.

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