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Thursday, May 1, 2014

INDIAN BENCHMARK started on a firm note following positive global cues with the Nifty likely to reclaim the 6,700 levels in day's trade.

FURTHER, Maruti Suzuki India has dipped nearly 2% after reporting 11.4% year-on-year decline in volumes at 86,196 units during the month of April, against 97,302 units, led by weakness in domestic sales. Petronet LNG Ltd posted a net profit of Rs. 1693.00 million for the quarter ended March 31, 2014 as compared to Rs. 2451.40 million for the quarter ended March 31, 2013.

Trend in FII flows: The FIIs were net buyers of Rs.454cr in the cash segment on Wednesday while the domestic institutional investors (DIIs) were net buyers of Rs. 6cr, as per the provisional figures released by the NSE.

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