Thursday, 5 December 2013


INDIAN BENCHMARKS open flat likely amid mixed global cues. The Reserve Bank of India will soon introduce cash-settled interest rate futures on 10-year government bonds and has also permitted exchanges to launch these derivatives in other smaller tenor securities in the future. commodity tips
FURTHER, Tata Group which was planning to bid for 100% stake in Chennai airport has represented to the government on a cross ownership clause in the RFQ, which may not allow Tata Group arm, Tata Realty and Infrastructure, to participate in the bid. JLR subsidiary of Tata Motors invests £ 240 million to build new plant in Rio De Janeiro, Brazil. commodity tips
Trend in FII flows: The FIIs were net buyers of Rs.1151 cr in the cash segment on Thursday while the domestic institutional investors (DIIs) were net sellers of Rs. 674 cr, as per the provisional figures released by the NSE.

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