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Tricks and Tips

Monday, 3 August 2015

INDIAN EQUITY MARKET OUTLOOK- 04 AUG 2015

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INDIAN BENCHMARKS  are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 8 points higher.                                                 
Headlines for the day:
HCL Tech Q4FY15 revenues inline, Margins miss estimates.
Manufacturing PMI grows at fastest pace in 6 months in July.
Petrol price cut by Rs2.43; Diesel by Rs3.60 a litre.
RBI credit policy is to be announced today.       

Trend in FII flows: The FIIs were net  buyers of Rs  350.41 Cr in the cash segment on Monday while the DIIs were net sellers of Rs   -33.36 Cr, as per the provisional figures released by the NSE.            
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