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Friday, January 3, 2014


INDIAN EQUITY BENCHMARK ended flat, amid a volatile
trading session, on account of short covering in late trades
after foreign institutional investors continued to remain buyers
despite weakness in the markets. Tata Motors ended down
after the company reported a 42.28% year-on-year decline in
its total vehicle sales at 37,852 units in December 2013.

Further, Coal India ended down 1.7% after it recorded an
output of 319.19 million tonnes for the April-December period.

Maldives is in talks with GMR whose over US$500mn Male
airport project was scrapped, for an out-of-court settlement
and not through arbitration.

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