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Monday, 7 September 2015

INDIAN EQUITY MARKET OUTLOOK - 08 SEP 2015

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INDIAN BENCHMARKS  are likely to start the session on a flat to positive note as the global cues look supportive with SGX Nifty trading 43.50 points higher.   
                             
Headlines for the day:
Info Edge subsidiary Zomato raises Rs390 crore.
LIC Housing Finance to raise up to Rs47,000 crore via NCDs.
Germany’s HDI to hike stake in general insurance JV .

Trend in FII flows: The FIIs were net  sellers of Rs   - 826.92 Cr in the cash segment on Monday while the DIIs were net  buyers of Rs   504.11 Cr, as per the provisional figures released by the NSE.

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