INDIAN EQUITY MARKET OUTLOOK-26 DEC 2014

1. INDIAN BENCHMARK are likely to open on a flat to positive note as the global cues look mixed. SGX Nifty is trading 10.50 points higher.
2. FURTHER, MTNL launches app for registering complaint, bill payment.
3. Orchid Sumitomo Mitsui to take $58.4 mn stake in Reliance Capital.
4. JPMorgan fund in talks on taking $200 mn stake in Spice Jet.
5. Trend in FII flows: The FIIs were net sellers of Rs -2808.27 cr in the cash segment on Friday while the DIIs were net buyers of Rs.509.09 cr, as per the provisional figures released by the NSE.

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