INDIAN BENCHMARKS are poised to open on a flat note, with a negative bias on Friday, as traders stay on the sidelines ahead of the October IIP data.
Ended by 1% higher on Thursday ending a six-session losing streak, as investors bought into beaten down shares even as sentiment remained cautious ahead of the US Federal Reserve meeting next week. The S&P BSE Sensex and CNX Nifty rose 0.86%-0.93% each.
Indian stocks ended by 1% higher on Thursday ending a six-session losing streak, as investors bought into beaten down shares even as sentiment remained cautious ahead of the US Federal Reserve meeting next week. The S&P BSE Sensex and CNX Nifty rose 0.86%-0.93% each.
Major Headlines:
- JLR November 2015 global wholesale volumes up 23.5% YoY
- Inox Wind acquires 100% equity shares of Sarayu Wind Power
- Inox Wind acquires 100% stake in Sarayu Wind Power
European shares fell for a third straight session on Thursday, touching a two-month low, with retailers and tech firms under pressure even as commodity shares stabilised.
Asian stocks slipped on Thursday as weak oil prices continued to feed global growth worries, while the euro held solid gains after a policymaker poured cold water on market expectations of more easing by the European Central Bank.
Trend in FII flows:The FIIs were net sellers of Rs – 580.28 Cr in the cash segment on Thursday while the DIIs were net buyers of Rs 410.92 Cr, as per the provisional figures released by the NSE.
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