INDIAN EQUITY MARKET OUTLOOK-16 FEB 2015

Share Market Tips

INDIAN BENCHMARKS are likely to open on a cautious note as the global cues look slightly supportive with SGX Nifty trading 6.50 points higher.

Events for the day:

Wholesale Price Inflation numbers to be announced.

Headlines for the day:

Hindalco bags Kathautia coal mine

Oil India Dec quarter profit halves to Rs498 cr

Glenmark bullish on drug discovery pipeline, eyes partnerships

Trend in FII flows: The FIIs were net buyers of Rs -390.26 cr in the cash segment on Friday while the DIIs were net buyers of Rs. 95.82  cr, as per the provisional figures released by the NSE.

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