INDIAN EQUITY MARKET OUTLOOK-31 DEC 2014

1. INDIAN BENCHMARKS are likely to open on a positive note as the global cues look supportive. SGX Nifty is trading 25.50 points higher.
2. FURTHER,  Wockhardt, Cadila, Hospira recall drugs in the US.
3. L&T bags contracts worth Rs 2,521 crore in Dec.
4. Sebi allows exit of Ludhiana Stock Exchange as bourse.
5. Trend in FII flows: The FIIs were net buyers of Rs 277.92 cr in the cash segment on Tuesday while the DIIs were net buyers of Rs. 160.87 cr, as per the provisional figures released by the NSE.