Tuesday 15 April 2014

INDIAN COMMODITY MARKET OUTLOOK-16 April 2014


INDIAN BENCHMARK open higher tracking firm Asian cues after better-than-expected first quarter growth from China. Crompton Greaves may continue to witness trading activity on reports that Hitachi is likely to pick up promoter stake in the company.


FURTHER, Reliance Industries will be in focus after the Supreme Court resumes hearing in the KG-D6 gas pricing case. Jubilant Foodworks will be in action after FIIs can now acquire 55% of the equity against 49% earlier.


Trend in FII flows: The FIIs were net sellers of Rs.21cr in the cash segment on Tuesday while the domestic institutional investors (DIIs) were net sellers of Rs. 278cr, as per the provisional figures released by the NSE.

For More call on +91-731-6669900 ; 09907222727


No comments :

Post a Comment

Your Comment Will Be Submitted!!!!