INDIAN EQUITY MARKET OUTLOOK-07 MAR 2014

INDIAN BENCHMARK opened on a firm note tracking positive global cues.  Investors now hope that the pre-eleciton rally fuelled by foreign funds along with an increased participation from retail investors will drive markets higher in the near-term.

FURTHER, Tata Motors launched 10 new heavy commercial vehicles from its Prima LX range six in the haulage segment and four in the construction segment. Bharti Group is in talks with two global retail chains French major Carrefour and Japan's largest retailer Aeon with the intention of forming a new joint venture with one of them.

Trend in FII flows: The FIIs were net buyers of Rs.1272cr in the cash segment on Thursday while the domestic institutional investors (DIIs) were net sellers of Rs. 567cr, as per the provisional figures released by the NSE.