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Wednesday, March 26, 2014

INDIAN BENCHMARK  are likely to see a flat opening ahead of March F&O expiry due today. Also, global cues are muted. RIL selected for exploration of two offshore blocks in Myanmar.

FURTHER, Financial Technologies received 10 offers for its stake in Multi Commodity Exchange. FTIL has agreed to sell 24 per cent stake in the bourse. Tata Consultancy Services and a leading Saudi Arabian Bank have inked a pact to implement a new core banking software platform.

Trend in FII flows: The FIIs were net buyers of Rs.1004cr in the cash segment on Wednesday   while the domestic institutional investors (DIIs) were net sellers of Rs. 356cr, as per the provisional figures released by the NSE.

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