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Thursday, July 9, 2015

INDIAN EQUITY MARKET OUTLOOK-10 July 2015

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INDIAN BENCHMARKS  are likely to open on a flat to positive note as the global cues look mixed with SGX Nifty trading 21 points higher.                                                
                                   
Headlines for the day:
IMF cuts global economic growth forecast, retains growth forecast for India
ICICI Bank plans to sell its housing finance subsidiary for Rs 4400 crore
ITC: Gujarat bans Yippee noodles, Bambino macaroni after Maggi noodles
                                                     
Trend in FII flows: The FIIs were net  sellers of Rs   - 254.1 Cr in the cash segment on Thursday while the DIIs were net buyers of Rs   79.08 Cr, as per the provisional figures released by the NSE.

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