Wednesday 4 November 2015

INDIAN BENCHMARKS: NEWS UPDATE


INDIAN BENCHMARKS are likely to start the session on a subdued note as the global cues look mixed with SGX Nifty trading 19 points lower.                                                           
                                                                          
Headlines for the day:
Dr Reddy's to market Biocodex products in Romania 
Ratnamani Metals Q2FY2016 earnings decline 34% YoY 
Bata reports weak results with operating profit decline of 22.9% yoy

TODAY’S RESULTS : ARVIND, CIPLA, JUBLFOOD, TATASTEEL, TATAGLOBAL, CASTROLIND, CUMMINS
                                        
Trend in FII flows:   The FIIs were net  sellers of  Rs 33.16 Cr in the cash segment on  Wednesday while the DIIs were net buyers of  Rs -74.90 Cr, as per the provisional figures released by the NSE.

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