INDIAN BENCHMARK
open to record high, big boost comes from GDP numbers
which were out on Friday. GDP grew fastest in over two years at 5.7% in the
first quarter of FY15. The Supreme Court will today decide what to do with
captive coal blocks, having deemed more than 200 allocations made since 1993 to
be illegal.
FURTHER, Wockhardt Ltd has received
Qualified Infectious Disease Product status from the US FDA for two of its
drugs, WCK 771 and WCK 2349. Reliance Industries reportedly said it has returned
nearly 1,384 acres of land in Gurgaon that was acquired for its SEZ.
Trend in FII flows: The FIIs
were net buyers of Rs 192cr in the cash segment on Thursday while the DIIs
were net sellers of Rs. 730cr, as per the provisional figures released by
the NSE.
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