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Monday, March 3, 2014

INDIAN BENCHMARK opened flat tracking mixed global cues. World markets were dragged down by the worsening crisis in Ukraine a day earlier. IOC plans to acquire stakes in LNG terminals at Mundra and Dahej in Gujarat and Dighi in Maharashtra

FURTHER, DLF is once again being investigated by the Competition Commission of India for allegedly misusing its dominant position in the market by drafting a one-sided agreement with the buyers of flats in its New Town Heights project in Gurgaon.IDBI Bank plans to raise up to $300 million through Basel-III-compliant bonds by the end of March.

Trend in FII flows: The FIIs were net buyers of Rs.198cr in the cash segment on Monday while the domestic institutional investors (DIIs) were net buyers of Rs. 1566cr, as per the provisional figures released by the NSE.


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