INDIAN BENCHMARK opened on a positive
note on the back of gains in Reliance Industries, ICICI Bank, Infosys, and Dr.
Reddy's Labs. Oil
India Ltd has shut operations at nearly 35 installations in Assam due to
protests by a local students’ body that started on March 1.
FURTHER, Titan plans to
shift a part of the frames it imports from China for its eyewear business to
South East Asian countries as it is proving to be a tad too expensive. Tata Power
announced that the board will be meeting on Saturday to finalise the proposed
rights issue to raise Rs 2,000 crore.
Trend in FII flows: The FIIs
were net buyers of Rs.737cr in the cash segment on Wednesday while the domestic
institutional investors (DIIs) were net sellers of Rs. 201cr, as per
the provisional figures released by the NSE.
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