INDIAN EQUITY MARKET OUTLOOK-04 AUGUST 2015

INDIAN BENCHMARKS  are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 8 points higher.                                                  

                                      

Headlines for the day:

HCL Tech Q4FY15 revenues inline, Margins miss estimates

Manufacturing PMI grows at fastest pace in 6 months in July

Petrol price cut by Rs2.43; Diesel by Rs3.60 a litre

RBI credit policy is to be announced today

                                                                                                                                                                                                                                                                                                                                                                                                

Trend in FII flows: The FIIs were net  buyers of Rs  350.41 Cr in the cash segment on Monday while the DIIs were net sellers of Rs   -33.36 Cr, as per the provisional figures released by the NSE.

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