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Tuesday, May 27, 2014

INDIAN BENCHMARK open flat, amid mixed cues from Asia, as investors are likely to remain cautious ahead of the expiry of May derivative contracts on Thursday.

FURTHER, United Breweries Ltd has posted a net profit of Rs. 677.10 million for the quarter ended March 31, 2014 as compared to Rs. 58.50 mn for the quarter ended March 31, 2013. JSW Steel Ltd has posted a net profit of Rs. 4828.30 million for the Quarter ended March 31, 2014 whereas the same was at Rs. 2959.10 million for the Quarter ended March 31, 2013.

Trend in FII flows: The FIIs were net sellers of Rs 202cr in the cash segment on Tuesday while the DIIs were net sellers of Rs. 95cr, as per the provisional figures released by the NSE.

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