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Wednesday, September 30, 2015

INDIAN EQUITY MARKET OUTLOOK-1 Oct 2015

Stock Tips

INDIAN BENCHMARKS are likely to open the last day of the truncated week session on a positive note following strength in the global peers amid a dismal quarter. SGX Nifty is trading 74.00 points higher.                                          
                                   
Headlines for the day:
RCom to trade spectrum with RJio to offer 4G
Nippon Life to raise stake in Reliance Life to 49%
GSK Pharma completes acquisition of Novartis vaccines business

Trend in FII flows: The FIIs were net  buyers of Rs   116.08 Cr in the cash segment on Wednesday while the DIIs were net  sellers of Rs   -191.78 Cr, as per the provisional figures released by the NSE.

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