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Sunday, August 9, 2015

INDIAN EQUITY MARKET OUTLOOK-10 Aug 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  5 points lower.                                              
                                   
Headlines for the day:
BHEL Q1 disappoints; net profit down 83%
Corporation Bank Q1 net profit down 12%; asset quality worsens
M&M positive surprise on margins; PAT beats
Grasim Inds reports Q1 consolidated net profit at Rs485 cr
                                                           
Trend in FII flows: The FIIs were net  sellers of Rs  -93.74 Cr in the cash segment on Friday while the DIIs were net buyers of Rs   34.08 Cr, as per the provisional figures released by the NSE.

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