Tuesday 11 February 2014

INDIAN COMMODITY MARKET OUTLOOK-12 FEB 2014

INDIAN BENCHMARK started the trading session on a higher note amid a rally in global markets, following the US Federal Reserve policy stance to continue trimming its monetary stimulus measures.

FURTHER, Tata Steel consolidated net sales of Rs 36,410 crore in the December quarter, up 14 per cent from the corresponding period last year, led by 5.6 per cent growth in deliveries. GMR Infrastructure Ltd has posted a net loss after tax and Minority Interest of Rs. (4410.90) mn for the quarter ended December 31, 2013 as compared to net loss of Rs. (2174.50) mn for the quarter ended December 31, 2012.

Trend in FII flows: The FIIs were net sellers of Rs.165cr in the cash segment on Tuesday while the domestic institutional investors (DIIs) were net buyers of Rs. 242cr, as per the provisional figures released by the NSE.

1 comment :

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