Thursday, July 23, 2015

CapitalStars Updates: INDIAN BENCHMARKS

INDIAN BENCHMARKS  are likely to open on a flat to positive note as the global cues look mixed with SGX Nifty trading 2 points higher.

Headlines for the day:
  • Star Ferro and Cement Q1FY2016 earnings grow by 70.7% YoY
  • Bharti Infratel Q1FY16 earnings In line performance; appoints Citi for ADR listing
  • Ceat Ltd Q1FY16 results: Fall in raw material cost drives profitability
Trend in FII flows: The FIIs were net  buyers of Rs  450.32 Cr in the cash segment on Wednesday while the DIIs were net sellers of Rs   -351.77 Cr, as per the provisional figures released by the NSE.

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