INDIAN BENCHMARK open on a positive note
tracking firm global cues. The progress of monsoons and the possibility of a
growth-oriented Budget add to the sentiments.
FURTHER, United Spirits
is likely to remain in focus after world's largest liquor maker Diageo Plc
acquired an additional 26% in India's largest alcoholic beverages company for
Rs 11,448.91 crore. Reliance
Communications has initiated the process to monetise its real estate assets
across the country, aiming to raise Rs 5,000 crore through this.
Trend in FII flows: The FIIs
were net buyers of Rs 192cr in the cash segment on Wednesday while the
DIIs were net sellers of Rs. 407cr, as per the provisional figures
released by the NSE.
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