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Thursday, June 5, 2014

INDIAN BENCHMARK extended gains and have started the trading session on a higher note tracking firm global cues. Idea Cellular has opened a QIP issue through which it will offer equity shares worth Rs 3,000 crore.

FURTHER,
Reliance Industries open offer to acquire a controlling stake in media conglomerate Network18 Media & Broadcast. Coal India is planning a Rs 10,000-crore joint venture along with GAIL.

Trend in FII flows:
The FIIs were net buyers of Rs 192cr in the cash segment on Thursday while the DIIs were net sellers of Rs. 425cr, as per the provisional figures released by the NSE.

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