INDIAN EQUITY MARKET OUTLOOK - 14 DEC 2015

INDIAN BENCHMARKS  are likely to gap down opening on Dalal Street as the global cues look unsupportive with SGX Nifty trading 50.50 points lower.

Headlines for the day:

• ·       October IIP grows by 9.8%, ahead of estimates but on low base.
• ·       Hotel Leela gets CCI nod for Goa property sale for Rs725crore.
• ·       Maruti Suzuki launches S-Cross Premia Special edition at Rs8.99 lakh.

Trend in FII flows:   The FIIs were net  sellers of  Rs – 253.73 Cr in the cash segment on Friday while the DIIs were net buyers of  Rs 292.88 Cr, as per the provisional figures released by the NSE.

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