INDIAN BENCHMARK
open lower
tracking weakness in global markets. The F&O expiry will keep investors
cautious for swings on either side.
FURTHER,
GAIL has signed
MoU with Chubu Electric of Japan for joint LNG procurement. Under the MOU, GAIL
and Chubu shall mainly explore possibilities of collaboration in the area of
joint LNG procurement. BHEL
has won an order worth Rs.3000cr from an upcoming power project in Odisha. The
contract has been placed on BHEL by NTPC Ltd. for setting up the 2x800 MW Steam
Generator (SG) package at Darlipali in Odisha.
Trend in FII flows:
The FIIs
were net buyers of Rs.1465cr in the cash segment on Monday while the
domestic institutional investors (DIIs) were net sellers of Rs. 770cr,
as per the provisional figures released by the NSE.
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