CapitalStars Updates: INDIAN BENCHMARKS

INDIAN BENCHMARKS are likely to open on a cautious note as a fresh trading week with attention focused on the Reserve Bank of India’s (RBI) monetary policy review on Tuesday. SGX Nifty is trading 32.00 points down.

Headlines for the day:

• L&T goes slow on chasing global orders as domestic mkt revives.
• UB Group to hike stake in MCFL, to buy shares from Zuari.
• RCom to invest up to Rs2,000 cr this fiscal.
• DLF may close two pvt equity deals by Sept to raise Rs1,000cr

Trend in FII flows: The FIIs were net buyers of Rs  2284.3 Cr in the cash segment on Friday while the DIIs were net sellers of Rs  -2267.88 Cr, as per the provisional figures released by the NSE.

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