INDIAN EQUITY MARKET OUTLOOK - 28 OCT 2015

INDIAN BENCHMARKS  likely to open on a negative note in the early trade as global cues displayed unsupportive cues. SGX Nifty is trading 40 points  lower.                                 

Headlines for the day:

Axis Bank Q2 earnings in-line with estimates .

TVS Motor Q2FY2016 PAT 10% above estimate.

Maruti Suzuki Q2FY2016 net profits marginally below estimates.

TODAY’S RESULTS : DABUR, AMBUJACEM, JUST DIAL , AMARJA BATTERY , SUN TV , JSW ENERGY , EXIDE INDUSTRIES

Trend in FII flows: The FIIs were net  buyers of Rs   9.5 Cr in the cash segment on  Tuesday while the DIIs were net sellers of Rs   -165.45 Cr, as per the provisional figures released by the NSE.

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