INDIAN EQUITY MARKET OUTLOOK-06 AUGUST 2015

INDIAN BENCHMARKS are likely to open on a cautious note as the global cues look mixed with SGX Nifty trading 7 points higher.

Headlines for the day:

Nestle: FSSAI trashes all-clear reports to Maggi from Goa, Mysore labs.

L&T seeks shareholders nod to raise $600 million.

Federal Bank stares at Rs200-Crore Asset Stress .

Trend in FII flows: The FIIs were net buyers of Rs 447.9 Cr in the cash segment on Wednesday while the DIIs were net sellers of Rs – 189.11 Cr, as per the provisional figures released by the NSE.
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