INDIAN BENCHMARK have started the
trading session on a higher note with Sensex and Nifty gaining by nearly 0.5%
each. The government will unveil data on gross domestic product (GDP) for Q3
December 2013 after trading hours today.
FURTHER, Tech Mahindra said
it has signed an agreement to acquire the IT and consultancy services business
of chemical giant BASF in a bid to strengthen its presence in Western Europe.
Reliance
Industries is fearing that it may be compelled to shut down production from
KG-D6 block in the absence of an agreement on the price of gas.
Trend in FII flows: The FIIs
were net buyers of Rs.511cr in the cash segment on Wednesday while the
domestic institutional investors (DIIs) were net sellers
of Rs. 251cr, as per the provisional figures released by the NSE.
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