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Wednesday 22 April 2015

INDIAN EQUITY MARKET OUTLOOK-23 APRIL 2015

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INDIAN BENCHMARK are likely to open on a positive note as the global cues look mixed with SGX Nifty trading 33 points higher.   
Results on April 23, 2015
SKF India, MRF, Gujarat Gas, HDFC Bank, Cyient, M&M. Finance, Cairn India, L&T Finance.
Headlines for the day:
Biocon files prospectus for Syngene IPO, likely  to raise Rs600 crore.
Bosch management expects tractor growth to be negative in FY16.
Ashoka Buildcon approves QIB to raise Rs500 crore.
Trend in FII flows: The FIIs were net  sellers of Rs -910.15 Cr in the cash segment on Wednesday while the DIIs were net buyers of Rs  217.98 Cr, as per the provisional figures released by the NSE.
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