INDIAN EQUITY MARKET OUTLOOK -09 JAN 2015

• INDIAN BENCHMARK are likely to open on a positive note as the global cues look supportive. SGX Nifty is trading 57.50 points higher.
• FURTHER,  Moody's upgrades Tata Steel to Ba1, confirms Tata Steel UK at B2.
• Sobha's Q3 sales bookings fall 15% to Rs 427 crore.
• Mahindra to launch Mojo by early next financial year.
• Trend in FII flows: The FIIs were net seller of Rs -466.78 cr in the cash segment on Thursday  while the DIIs were net buyer of Rs.288.88 cr, as per the provisional figures released by the NSE.