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Monday, June 23, 2014

INDIAN BENCHMARK open marginally in green following weak global cues. Bharti Airtel Ltd has announced that the Company has signed the definitive agreement with Loop Mobile (India) Limited.

FURTHER, Ceat is likely to extend its gains after the overseas investor has bought equity shares worth of Rs 13 crore of the company though open market. ITC Ltd are likely to extend its losses on reports that the government may raise taxes on cigarettes aggressively in the upcoming budget in July.

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. 117cr, as per the provisional figures released by the NSE.

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