CapitalStars Updates: INDIAN BENCHMARKS

INDIAN BENCHMARKS  are likely to open on a cautious note as the global cues look unsupportive with SGX Nifty trading 41 points lower.

Headlines for the day:

• EMC acquires strategic stake in McNally Bharat at Rs100/share
• BNP Paribas Cardif keen to increase its stake in SBI Life Insurance
• Ashok Leyland receives order worth $50mn from Zimbabwe

Trend in FII flows: The FIIs were net  sellers of Rs   - 551.38 Cr in the cash segment on Tuesday  while the DIIs were net buyers of Rs 580.59 Cr, as per the provisional figures released by the NSE.

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