INDIAN EQUITY MARKET OUTLOOK -25 FEB 2015

INDIAN BENCHMARKS edged higher as investors churn portfolio in favour of defensive stocks such as ITC Ltd on caution ahead of an event-heavy week. The S&P BSE Sensex and CNX Nifty ended 0.10%-0.08% higher each.                      
Headlines for the day:
·HOEC soars on stake buy reports.
·Rail shares plunge ahead of Budget 2015.
·Indian hotel industry revenues to grow by 9-11% in FY2016.
Trend in FII flows: The FIIs were net buyers of Rs 697.28  cr in the cash segment on Wednesday while the DIIs were net sellers of Rs. -146.98  cr, as per the provisional figures released by the NSE.
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