INDIAN EQUITY MARKET OUTLOOK - 24 AUG 2015

INDIAN BENCHMARKS  Indian shares are likely to start the session on a subued note as the global cues look muted with SGX Nifty trading 239.50 points lower. 
                                  
Headlines for the day:

Brent crude oil prices hit 6-1/2-year low .
Government to sell 10% stake in IOC through open for sale.
Unitech gives on lease a large office space in Gurgaon to Google.
Inox to invest Rs320 crore in 3 yrs, eyes regional acquisitions.

Trend in FII flows: The FIIs were net  sellers of Rs  - 2340.6 Cr in the cash segment on Friday while the DIIs were net  buyers of Rs   1524.1 Cr, as per the provisional figures released by the NSE.

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