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.