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Tuesday, April 7, 2015

INDIAN EQUITY MARKET OUTLOOK-8 Apr 2015

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INDIAN BENCHMARK are likely to open on a slightly higher note as the global cues look supportive with SGX Nifty trading 17 points higher.            
 
Major Headlines of the day:
SBI, HDFC Bank reduce lending rate by 15 bps to 9.85%
Jhunjhunwala raises stake in Escorts
REC share sale floor price set at Rs315

Trend in FII flows: The FIIs were net  buyers of Rs 143.98 cr in the cash segment on Tuesday while the DIIs were net sellers of Rs - 326.06 cr, as per the provisional figures released by the NSE.

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