INDIAN EQUITY MARKET OUTLOOK -13 AUG 2015

INDIAN BENCHMARKS  are likely to open in the green zone as the global cues look slightly supportive with SGX Nifty trading 12.50 points higher.    

                                     

Headlines for the day:

• IndusInd Bank raises Rs752 crore from promoters via preferential issue.
• Adani Ports gets shareholders nod for raising Rs10,000 cror
• UFO Moviez posts strong set of numbers, net income up by 65.5% YoY .

Results on August 13, 2015

Tata Power, Unitech, MMTC, Alok Inds., ONGC, DLF, IOCL, Page Inds, ICRA, Rajesh Exports, Ajanta Pharma, Jubilant Food., GMR Infra., Shree Renuka Sugar, GVK Power, Kaveri Seed, IRB Infra, Rattan India Power.

Trend in FII flows: The FIIs were net  sellers of Rs  -1855.02 Cr in the cash segment on Wednesday while the DIIs were net  buyers of Rs   1223.8 Cr, as per the provisional figures released by the NSE.

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