INDIAN BENCHMARKS: NEWS UPDATE

INDIAN BENCHMARKS  are likely to start the session on a positive note as the global cues look supportive with SGX Nifty Trading Tips 38 points higher

                                                                          

Headlines for the day:                            

• ICICI Bank to sell 6% stake in life insurance for Rs1950 crore 
• Trade deficit shrinks to $ 9.8  bn, exports continut to fall 
• Thomas Cook India signs pact with OYO Rooms

                                                                                         

Trend in FII flows:   The FIIs were net  sellers of  Rs -1051.27 Cr in the cash segment on  Monday while the DIIs were net buyers of  Rs 661.71 Cr, as per the provisional figures released by the NSE.