INDIAN BENCHMARK have opened on a firm
note tracking positive trend in Asian markets. Moreover, worry over continuing
tension in Ukraine and the Middle East has barely affected the investor
sentiments.
FURTHER, Jindal Steel
& Power Ltd has announced that Executive Sub-Committee of Directors has on
July 21, 2014, allotted 17,816 equity shares of Re1 each in accordance with the
terms of Company’s Employees Stock Purchase Scheme. Exide Industries Ltd has
announced the results for the quarter ended June 30, 2014 net profit up 16.68%
at Rs185.30 crore vs Rs158.80 crore (YoY). Total Income up 17.59% at Rs1921.10
crore vs Rs1633.68 crore.
Trend in FII flows: The FIIs
were net buyers of Rs 192cr in the cash segment on Monday while the DIIs
were net sellers of Rs. 181cr, as per the provisional figures released by
the NSE.
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