INDIAN BENCHMARKS NEWS UPDATES

INDIAN BENCHMARKS are likely to start the session on a positive note as the global cues look supportive with SGX Nifty Trading Tips trading 13.50 points higher.

                                                                      

Indian Indices:

Indian shares are likely to start the session on a positive note as the global cues look supportive with SGX Nifty trading 13.50 points higher. Indian shares marked a sixth session of losses on Wednesday, staying near three-month lows hit on Tuesday, as hopes dwindled that a crucial tax reform would be cleared in the ongoing winter session of parliament. The S&P BSE Sensex and CNX Nifty fell 1.08%-1.16% each. On Wednesday (December 09, 2015), the 30-share Sensex closed at 25036.05, down by 274.28 points or by 1.08%, and the NSE Nifty ended 89.2 points lower at 7612.5.

Trend in FII flows:   The FIIs were net  sellers of  Rs – 527.41 Cr in the cash segment on Wednesday while the DIIs were net buyers of  Rs 864.72 Cr, as per the provisional figures released by the NSE.