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Thursday, June 18, 2015

INDIAN EQUITY MARKET OUTLOOK-19 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 30 points higher.                    
                         
Headlines for the day:
Union Cabinet approves interest subsidy of 6.5%
Government hikes import duty on steel products
Cabinet approves hike in MSP of certain farm products

Trend in FII flows: The FIIs were net sellers of Rs  -784.73 Cr in the cash segment on Thursday  while the DIIs were net buyers of Rs  1110.01 Cr, as per the provisional figures released by the NSE.

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