CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Monday, March 31, 2014

INDIAN BENCHMARK is a positive start. The indices will trade in a range till the RBI policy is announced. Tata Communications deal with Vodafone-owned Vodacom to sell South African telecom unit Neotel may be put on hold as the local authority is considering whether or not to allow the transfer of airwaves as part of the deal.

FURTHER, Financial Technologies Ltd plans to drag the board members of its subsidiary Multi Commodity Exchange to court over the proposed preferential issue. Reliance Industries Ltd will continue to supply gas at US$4.2 a unit to 16 fertiliser units until the government comes out with another notification in this regard.

Trend in FII flows: The FIIs were net buyers of Rs.942cr in the cash segment on Monday while the domestic institutional investors (DIIs) were net sellers of Rs. 611cr, as per the provisional figures released by the NSE.


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