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.
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.
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.
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