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Wednesday, June 17, 2015

INDIAN EQUITY MARKET OUTLOOK-18 Jun 2015

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INDIAN BENCHMARKS are likely to open on a slightly positive note as the global cues look supportive with SGX Nifty trading 9.50 points higher.                                                    
     
Headlines for the day:
Orchid Chemicals gets USFDA approvals for anti-infective Factive
Torrent Pharma gets FIPB nod to raise FII limit to 35%
Yes Bank Co- promoters Madhu Kapoor family gets say in appointment of directors

Trend in FII flows: The FIIs were net sellers of Rs  -940.91 Cr in the cash segment on Wednesday  while the DIIs were net buyers of Rs  1447.07 Cr, as per the provisional figures released by the NSE.

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