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Friday, 10 July 2015

INDIAN EQUITY MARKET OUTLOOK-10 JULY 2015

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INDIAN BENCHMARKS  are likely to open on a flat to positive note as the global cues look mixed with SGX Nifty trading 21 points higher.                                                   
Headlines for the day:
IMF cuts global economic growth forecast, retains growth forecast for India.
ICICI Bank plans to sell its housing finance subsidiary for Rs 4400 crore.
ITC: Gujarat bans Yippee noodles, Bambino macaroni after Maggi noodles.                                                                                                                                                                                                                                                 
Trend in FII flows: The FIIs were net  sellers of Rs   - 254.1 Cr in the cash segment on Thursday while the DIIs were net buyers of Rs   79.08 Cr, as per the provisional figures released by the NSE.

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