Daily Indian Equity Market 08 May 2015

Dear all,

INDIAN BENCHMARKS are likely to open on a volatile note as the global cues look unsupportive with SGX Nifty trading 9 points lower.

Results on May 08, 2015

• Eicher Motors, GlaxoSmithkline Consumer Healthcare, HUL, P&G, Allahabad Bank, IOB, PNB, Ajanta Pharma

Headlines for the day:

• SPARC to consider right issue on May 12
• Reliance Infrastructure – Pipavav Defence deal gets CCI nod
• Birla Corp Q4FY2015: Cement performance remains weak 

Trend in FII flows: The FIIs were net  sellers of Rs  - 1360.69 Cr in the cash segment on Thursday while the DIIs were net buyers of Rs  1158.02 Cr, as per the provisional figures released by the NSE.

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