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Thursday, March 13, 2014

INDIAN BENCHMARK start on a weak note tracking the weakness in Asian markets and subdued sentiment as Ukraine concerns resurface. Investors will also focus on wholesale price-indexed (WPI) inflation data for the month of February.

FURTHER, NTPC has decided to end a one-and-a-half year long payment dispute with Coal India. The two companies decided to settle the remaining dues based on sampling results at every mine’s end for the last three months. Tata Motors global sales, including Jaguar Land Rover vehicles, declined 19.06% to 79,996 units in February from a year ago.

Trend in FII flows: The FIIs were net buyers of Rs.616cr in the cash segment on Thursday while the domestic institutional investors (DIIs) were net sellers of Rs. 314cr, as per the provisional figures released by the NSE.


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