INDIAN EQUITY MARKET OUTLOOK - 04 NOV 2015

INDIAN BENCHMARKS started the session on a positive note as the global cues look supportive with SGX Nifty trading 57 points higher.

Events for the day:

Nikkei India Service PMI Composite.

Headlines for the day:

JLR October 2015 US Retail volumes up an impressive 76.1% YoY.

Brigade Enterprises net profit rise 87.5% YoY in Q2FY2016.

Corporation Bank to write off Rs 532-cr loan to REI Agro.

TODAY’S RESULTS : RELINFRA, ASHOKLEY, BATAINDIA, CANARA BANK, ENGINERSIND, JKLAXMI CEMENT, MARICO

Trend in FII flows:   The FIIs were net  sellers of  Rs -449.85 Cr in the cash segment on  Tuesday while the DIIs were net buyers of  Rs 350.32 Cr, as per the provisional figures released by the NSE.

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