INDIAN BENCHMARK open on a bullish note tracking a
firm trend across markets in Asia after reports from US indicated that the
world’s largest economy is strengthening.
FURTHER, Shares of defence equipment
makers rose after the government notifies increase in FDI limit to 49% through
approval route in the defence sector. ONGC rose over 2%, on hopes of reforms on subsidies
and gas prices ahead of ONGC's share sale.
Trend in FII flows: The FIIs
were net buyers of Rs 192cr in the cash segment on Tuesday while the DIIs
were net sellers of Rs. 259cr, as per the provisional figures released by
the NSE.
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