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Tricks and Tips

Thursday, 6 August 2015

INDIAN EQUITY MARKET OUTLOOK -07 AUGUST 2015


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INDIAN BENCHMARKS are likely to open on a cautious note as the global cues look mixed with SGX Nifty trading 14 points lower.

Headlines for the day:

  • Motherson Sumi Q1 below street estimates.
  • Polaris Consulting Q1 consolidated net profit drops 9% (YoY).
  • JP Power posts Q1 net profit at Rs65 cr (YoY) .

Trend in FII flows: 

The FIIs were net buyers of Rs 108.93 Cr in the cash segment on Thursday while the DIIs were net sellers of Rs – 111.78 Cr, as per the provisional figures released by the NSE.

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