INDIAN EQUITY MARKET OUTLOOK-04 AUGUST 2015

Nifty Futures Tips

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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