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Monday, April 21, 2014

INDIAN BENCHMARK open on a flat note ahead of the F&O expiry tomorrow. Tech Mahindra has acquired US-based big data analytics startup FixStream Network for around Rs600mn
FURTHER, TCS reached an agreement with Mitsubishi Corporation of Japan to establish a new IT services company through the merger of three subsidiaries. Sesa Stelite may extend gains as Supreme Court allows resumption of iron ore mining in Goa with conditions.

Trend in FII flows: The FIIs were net buyers of Rs.212cr in the cash segment on Monday while the domestic institutional investors (DIIs) were net sellers of Rs. 217cr, as per the provisional figures released by the NSE.
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