INDIAN BENCHMARKS-NEWS UPDATES

INDIAN BENCHMARKS are likely to start the session on a cautious note as the global cues look mixed with SGX Nifty Trading Tips trading 15 points higher.
                                                                   
Events for the day:

• Auto Sales and Cement Dispatches for September 
• RBI bi-monthly monetary policy 
• Nikkei India PMI Mfg

Headlines for the day:

• Maruti Suzuki to invest Rs15,000 crore to double sales network 
• India’s GDP growth for Q2FY16 stands at 7.4% versus 7.0% QoQ 
• Core Sector growth for October 2015 remains unchanged at 3.2% MoM

Trend in FII flows:   The FIIs were net  sellers of  Rs -1043.84 Cr in the cash segment on Monday while the DIIs were net buyers of  Rs 601.72 Cr, as per the provisional figures released by the NSE.