INDIAN BENCHMARK open on a positive
note, aided by modest gains among their Asian counterparts. Bajaj Auto total
sales stood at 3,31,529 units, down 4%, as compared with 3,44,178 units in the
same month. The company reported a marginal decline in motorcycle sales at
2,99,636 units in April 2014.
FURTHER, Piramal
Enterprises Ltd has posted a net loss after taxes, minority interest and share
of profit / (loss) of associates of Rs. (3113.50) million for the Quarter ended
March 31, 2014 whereas the same was at net loss of Rs. (2004.10) million for
the Quarter ended March 31, 2013. Reliance Capital has written to the
Forward Markets Commission, raising doubts about corporate governance practices
at Multi-Commodity Exchange.
Trend in FII flows: The FIIs
were net buyers of Rs.279 cr in the cash segment on Monday while the
domestic institutional investors (DIIs) were net sellers
of Rs. 224cr, as per the provisional figures released by the NSE.
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