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Thursday, 10 December 2015

INDIAN EQUITY MARKET OUTLOOK - 11 DEC 2015


INDIAN BENCHMARKS  are poised to open on a flat note, with a negative bias on Friday, as traders stay on the sidelines ahead of the October IIP data.
Ended by 1% higher on Thursday ending a six-session losing streak, as investors bought into beaten down shares even as sentiment remained cautious ahead of the US Federal Reserve meeting next week. The S&P BSE Sensex and CNX Nifty rose 0.86%-0.93% each.

Indian stocks ended by 1% higher on Thursday ending a six-session losing streak, as investors bought into beaten down shares even as sentiment remained cautious ahead of the US Federal Reserve meeting next week. The S&P BSE Sensex and CNX Nifty rose 0.86%-0.93% each.



Major Headlines:


JLR November 2015 global wholesale volumes up 23.5% YoY.



Inox Wind acquires 100% equity shares of Sarayu Wind Power.



Inox Wind acquires 100% stake in Sarayu Wind Power.



Global Indices:.


US stock index futures poised for a higher opening at the Wall Street on Thursday.



European shares fell for a third straight session on Thursday, touching a two-month low, with retailers and tech firms under pressure even as commodity shares stabilised.



Asian stocks slipped on Thursday as weak oil prices continued to feed global growth worries, while the euro held solid gains after a policy maker poured cold water on market expectations of more easing by the European Central Bank.



Trend in FII flows:   The FIIs were net  sellers of  Rs – 580.28 Cr in the cash segment on Thursday while the DIIs were net buyers of  Rs 410.92 Cr, as per the provisional figures released by the NSE.


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