INDIAN EQUITY MARKET OUTLOOK-29 JULY 2015

INDIAN BENCHMARKS  are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 15 points higher.                                                  

                                      

Headlines for the day:

PNB Q1FY16 asset quality stable, earnings dip 49% YoY

Thermax Q1 net profit up 49%; beats estimates

Maruti Q1 earnings margin continue to expand; profit in-line with estimates

BOI Q1 earnings reports disappointing performance

Results on July 29, 2015

Nestle India, Castrol India, Vedanta, UPL, MphasiS, Dabur India, JSW Steel, Essar Oil, Allahabad Bank, NHPC, Godrej Consumer, IIFL Holdings, Yes Bank.

                                                                                                                                                                                                                                                  

Trend in FII flows: The FIIs were net  sellers of Rs  - 1375.66 Cr in the cash segment on Tuesday while the DIIs were net buyers of Rs   665.05 Cr, as per the provisional figures released by the NSE.

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