CapitalStars Updates: INDIAN BENCHMARKS

INDIAN BENCHMARKS  are likely to open a cautious note as the global cues look  unsupportive with SGX Nifty trading 16 points lower.

Headlines for the day:

• Kajaria Ceramics Q1 consolidated net profit up 20%
• Welspun India Q1FY16 sees strong performance
• Ultratech Cement Q1FY2016 sees better operating performance

Trend in FII flows: The FIIs were net  sellers of Rs  -226.88 Cr in the cash segment on Tuesday while the DIIs were net buyers of Rs   -146.32 Cr, as per the provisional figures released by the NSE.

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