Sunday 13 December 2015

INDIAN BENCHMARKS-NEWS UPDATES


INDIAN BENCHMARKS  are likely to gap down opening on Dalal Street as the global cues look unsupportive with SGX Nifty Trading Tips  trading 50.50 points lower.

Headlines for the day:
  • October IIP grows by 9.8%, ahead of estimates but on low base 
  • Hotel Leela gets CCI nod for Goa property sale for Rs725crore 
  • Maruti Suzuki launches S-Cross Premia Special edition at Rs8.99 lakh
Trend in FII flows:   The FIIs were net  sellers of  Rs – 253.73 Cr in the cash segment on Friday while the DIIs were net buyers of  Rs 292.88 Cr, as per the provisional figures released by the NSE.

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