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Thursday, August 6, 2015

INDIAN EQUITY MARKET OUTLOOK-7 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  14 points lower.                                                
                                     
Headlines for the day:
Motherson Sumi Q1 below street estimates
Polaris Consulting Q1 consolidated net profit drops 9% (YoY)
JP Power posts Q1 net profit at Rs65 cr (YoY)
                                                                                       
Trend in FII flows: The FIIs were net  buyers of Rs  108.93 Cr in the cash segment on Thursday while the DIIs were net sellers of Rs   - 111.78 Cr, as per the provisional figures released by the NSE.

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