INDIAN BENCHMARK opened lower amid
profit booking amid tepid global cues. Indian Oil Corporation has signed a deal
to buy a 10% stake in natural gas assets and a linked liquefied natural gas
project in North East British Columbia, Canada, for about US$900mn.
FURTHER, Ranbaxy
Laboratories has once again recalled some batches of its generic version of
cholesterol-lowering Lipitor drug in the US after a dosage mix-up was detected.
Apollo
Hospitals Enterprise has postponed plans to list a business trust on the
Singapore Stock Exchange, expecting to improve its rating with completion of
some of its projects before a foreign listing.
Trend in FII flows: The FIIs
were net buyers of Rs.2577cr in the cash segment on Friday while the
domestic institutional investors (DIIs) were net sellers
of Rs. 669cr, as per the provisional figures released by the NSE.
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