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Wednesday, January 8, 2014



INDIAN BENCHMARKS open in a flat note. Investors may choose to take some risky bets ahead of Infosys results tomorrow. Investors are trying to now digest the minutes of the Fed meeting. The Federal Reserve officials saw economic benefits lessening from their bond-buying program.


FURTHER, Mahindra & Mahindra has sold over 75,000 units of its global sports utility vehicle XUV500 in just over two years since its launch. Mastek has rallied after the company announced buy back shares worth up to Rs 55 crore at a price not exceeding Rs 250 per share. The buyback should be through open market transactions.



Trend in FII flows: The FIIs were net buyers of Rs.79cr in the cash segment on Wednesday while the domestic institutional investors (DIIs) were net sellers of Rs. 88cr, as per the provisional figures released by the NSE.

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