INDIAN BENCHMARKS started the trading
session on a lower note tracking weak global cues. The RBI policy
meet takes place tomorrow. Being an F&O expiry week, added volatility could
be expected as investors weigh their options given the recent developments in
global markets.
FURTHER, Tata Motors is
planning to slash a section of its workforce to restructure its domestic
manufacturing operations. Shares of Glenmark Pharmaceuticals Ltd is in focus
after the company’s Consolidated Revenue was at Rs. 16012.23mn as against
Rs. 13812.59mn, an increase of 15.92%.
Trend in FII flows: The FIIs
were net sellers of Rs.230cr in the cash segment on Friday while the
domestic institutional investors (DIIs) were net sellers of Rs. 78cr,
as per the provisional figures released by the NSE.
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