INDIAN BENCHMARK have a negative start
owing to weak global cues. Also, markets will be reacting to December quarter
GDP data which came below expectations post market hours on Friday.
FURTHER, Coal India has
issued a re-tender for import of coal with some modifications and is expecting
a better response from prospective vendors. NTPC would sell 10 Mw solar power
to Damodar Valley Corporation (DVC).The solar power plant of 10 Mw capacity
installed within the complex of NTPC’s 3000 Mw super thermal power
station at Kaniha, near Talcher, is poised for commissioning by March this
year.
Trend in FII flows: The FIIs
were net buyers of Rs.591cr in the cash segment on Friday while the
domestic institutional investors (DIIs) were net buyers of Rs. 12cr,
as per the provisional figures released by the NSE.
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