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Thursday, February 6, 2014

INDIAN BENCHMARK started the trading session on firm note tracking firm global cues along with financials and IT shares leading the gains. Reliance Infrastructure Limited Q3FY14 Total Income of Rs4,218 crore (US$ 683 million), against Rs 5,602 crore in the corresponding quarter of previous year.

FURTHER, Aurobindo Pharma has rallied 6% over four-fold jumped in consolidated net profit at Rs 417 crore for the third quarter ended December 31, 201 on back of strong operational income. IDBI Bank is pushing investors of $140 million of its bonds to accept a controversial change in terms that grant the state-run lender the right to write down the debt or convert them into shares.

Trend in FII flows: The FIIs were net buyers of Rs. 10cr in the cash segment on Thursday while the domestic institutional investors (DIIs) were net buyers of Rs. 610cr, as per the provisional figures released by the NSE.


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