INDIAN EQUITY MARKET OUTLOOK-17 June 2014

INDIAN BENCHMARK have turned absolutely flat after making a marginally lower opening weighed down by global markets and financials.

FURTHER, YES Bank shareholders approved board’s decision to raise $500 mn capital. Future Retail has announced fund raising plans of Rs 2,000 crore via a preferential allotment to promoters & investors.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Monday while the DIIs were net sellers of Rs. 448cr, as per the provisional figures released by the NSE.

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