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Monday, June 16, 2014


INDIAN BENCHMARK open lower on first trading day of the week tracking weak global cues along with capital goods shares leading the fall.

FURTHER, Apollo Tyres plans to expand the manufacturing capacity for off-highway tyres by investing about Rs.400 crore in its Kerala plant. GAIL India is planning to reduce its equity stake in ONGC's mega petrochem project at Dahej to 11.6 %.

Trend in FII flows:
The FIIs were net buyers of Rs 192cr in the cash segment on Friday while the DIIs were net buyers of Rs. 358cr, as per the provisional figures released by the NSE.

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