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Sunday, August 2, 2015

INDIAN EQUITY MARKET OUTLOOK-3 Aug 2015

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INDIAN BENCHMARKS  are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 10 points higher.                                                
                             
Headlines for the day:
L&T Q1 margins below estimate; order inflows decline
ICICI Bank zooms as Q1FY16 marks healthy growth in earnings
Sun TV Q1 net profit at Rs197 crore; stock up 9%
Titan drops as weak jewellery sales dent Q1 performance

Results on 3rd August
HCL TECH, ABAN OFFSHOR , HEROMOTOCO , IBULLREALESTATE , BHARAT FORGE
                                                         
Trend in FII flows: The FIIs were net  sellers of Rs  - 277.77 Cr in the cash segment on Friday while the DIIs were net buyers of Rs   1021.34 Cr, as per the provisional figures released by the NSE.

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