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Monday 1 June 2015

INDIAN EQUITY MARKET OUTLOOK-02 JUN 2015

Share Tips , Trading Strategies , Best Intraday Stocks , Stock Tips Free INDIAN BENCHMARKS are likely to open on a subdued note as the global cues look unsupportive with SGX Nifty trading 21 points lower.                                                           
Headlines for the day:
HSBC manufacturing PMI hits 4-month high in May.
Maruti Suzuki May 2015 volumes up 13.8% (YoY); marginally beat estimates.
Ashok Leyland May 2015 volumes up 40.1% (YoY) to 9,294 units.
Escorts Ltd May 2015 sales down 16.4% (YoY).       
Trend in FII flows: The FIIs were net buyers of Rs  113.47 Cr in the cash segment on Monday while the DIIs were net buyers of Rs  49.34 Cr, as per the provisional figures released by the NSE.

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