INDIAN BENCHMARK are likely to
see a flat opening ahead of March F&O expiry due today. Also, global cues
are muted. RIL
selected for exploration of two offshore blocks in Myanmar.
FURTHER, Financial
Technologies received 10 offers for its stake in Multi Commodity Exchange. FTIL
has agreed to sell 24 per cent stake in the bourse. Tata Consultancy Services
and a
leading Saudi Arabian Bank have inked a pact to implement a new core banking
software platform.
Trend in FII flows: The FIIs
were net buyers of Rs.1004cr in the cash segment on Wednesday while the
domestic institutional investors (DIIs) were net sellers
of Rs. 356cr, as per the provisional figures released by the NSE.
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