INDIAN BENCHMARKS: NEWS UPDATE

INDIAN BENCHMARKS The key domestic equity benchmarks are poised to witness a gap up opening on Thursday ahead of the expiry of the November futures & options (F&O) contracts today, while traders are also pinning hopes on the Winter Session of Parliament where Prime Minister Narendra Modi will face a massive challenge as he resumes efforts to push through key economic policies. SGX  Nifty Trading Tips is trading 21 points higher.

                                                                   

Global Markets:

Asian shares advanced in early trade on Thursday, while growing bets the European Central Bank was gearing up to deliver further stimulus steps kept the euro under pressure. The major US indexes were virtually unchanged at the close of a quiet trading day on Wednesday with gains in healthcare and consumer stocks after data showed US modest economic growth. European shares rose on Wednesday, helped by a lower euro and announcements from Metro and LafargeHolcim that they will pay more cash to investors through,

Major Headlines of the day:

• Aditya Birla Group launches 3D trial rooms.
• M&M launches XUV5OO with auto transmission.
• Vedanta's cumulative loss on Odisha refinery cross Rs4,000 cr.

Trend in FII flows:   The FIIs were net  sellers of  Rs -540.12 Cr in the cash segment on Tuesday while the DIIs were net buyers of  Rs 532.12 Cr, as per the provisional figures released by the NSE.