INDIAN EQUITY MARKET OUTLOOK - 12 AUG 2015

INDIAN BENCHMARKS  are likely to open in the red zone as the global cues look unsupported with SGX Nifty trading 38 points lower.        

                               

 Headlines for the day:

Cox & Kings plans to list arms PGL and Meininger to unlock value 
Apollo Tyres to raise Rs2,000 crore debt to fund capex.
Indirect taxes up 39% in July 2015.
                                                           
Results on August 12, 2015
Ashok Leyland, Reliance Infra., GE Shipping, India Cements, Indian Hotels, Aditya Birla Nuvo, Max India, Voltas, Balrampur Chini Mills, NALCO, SCI, Aurobindo Pharma, Natco Pharma, IDBI Bank, Oil India, City Union Bank, Coal India, Jindal Steel, Cadila Healthcare.

Trend in FII flows: 

The FIIs were net  sellers of Rs  - 736.81 Cr in the cash segment on Tuesday while the DIIs were net  buyers of Rs   130.74 Cr, as per the provisional figures released by the NSE.

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