CapitalStars Updates: INDIAN BENCHMARKS

CapitalStars Updates:

INDIAN BENCHMARKS are likely to start the session on a negative note as the global cues look unsupportive with SGX Nifty trading 6700 points lower.

Headlines for the day: 

• L&T wins water supply project worth Rs1489 crore
• UltraTech to hike capacity to 71 mt by this fiscal
• Annual report analysis; maintain Buy with a revised Price Target

Trend in FII flows: The FIIs were net  sellers of Rs   -551.19 Cr in the cash segment on Monday while the DIIs were net  buyers of Rs   478.59 Cr, as per the provisional figures released by the NSE.

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