INDIAN BENCHMARK open with marginal
gains with index heavyweight Reliance Industries in focus after the company
reported its highest quarterly profits in two years.
FURTHER, Reliance
Industries has divested its 30% stake in an oil and gas block in Peru to
Australia’s Woodside Petroleum and Pluspetrol of Argentina to trim its
overseas properties. JSW
Steel is in talks to acquire Welspun Maxsteel for about 1,000 crore.
Trend in FII flows: The FIIs
were net buyers of Rs.433cr in the cash segment on Thursday while the
domestic institutional investors (DIIs) were net sellers
of Rs. 122cr, as per the provisional figures released by the NSE.
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