CapitalStars Updates: INDIAN BENCHMARKS

INDIAN BENCHMARKS  are likely to open on a cautious note as the global cues look unsupportive with SGX Nifty trading 29 points lower.

Headlines for the day:

• Moody’s downgrades Bank of India, Canara Bank
• Glenmark Pharma gets USDFA nod for cholesterol drug Zetia
• JSW Steel seeks shareholder consent for Rs4000 crore QIP

Trend in FII flows: The FIIs were net  sellers of Rs   - 711.88 Cr in the cash segment on Monday while the DIIs were net buyers of Rs 906.38 Cr, as per the provisional figures released by the NSE.

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