INDIAN BENCHMARKS are likely to open on a cautious note as the global cues look mixed with SGX Nifty trading 31.50 points lower. Headlines for the day:
Rainfall 5% above normal - some relief for FMCG, Auto and agro-chem. sector
Maggi ban continue as Bombay HC refuses to grant relief to Nestle
JLR May 2015 global retail volumes down 2.1% YoY
Trend in FII flows: The FIIs were net sellers of Rs - 670.96 Cr in the cash segment on Friday while the DIIs were net buyers of Rs 705.58 Cr, as per the provisional figures released by the NSE.
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