INDIAN BENCHMARKS open on a positive note, as market are concerned about the uncertainty of the outcome of the general elections on account of the potential impact of the AAP showing in the recent Delhi state elections. Investors are worried about the rise of AAP as a key force in national politics.
FURTHER, Oil and Natural Gas Corp and Oil India Ltd paid $ 2.475 bn to Videocon Group for acquiring 10% stake in gas field off Mozambiqu. Indian Overseas Bank would provide finance up to Rs 50 lakh to micro, small and medium enterprises in the manufacturing sector while Rs 25 lakh for service sector.
Trend in FII flows: The FIIs were net sellers of Rs.567cr in the cash segment on Tuesday while the domestic institutional investors (DIIs) were net buyers of Rs. 59cr, as per the provisional figures released by the NSE.
FURTHER, Oil and Natural Gas Corp and Oil India Ltd paid $ 2.475 bn to Videocon Group for acquiring 10% stake in gas field off Mozambiqu. Indian Overseas Bank would provide finance up to Rs 50 lakh to micro, small and medium enterprises in the manufacturing sector while Rs 25 lakh for service sector.
Trend in FII flows: The FIIs were net sellers of Rs.567cr in the cash segment on Tuesday while the domestic institutional investors (DIIs) were net buyers of Rs. 59cr, as per the provisional figures released by the NSE.
A good category has greater potential and would be advantageous for the investors and so the commodity market is very wide.
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