Sunday, 13 December 2015

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INDIAN BENCHMARKS-NEWS UPDATES

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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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