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INDIAN EQUITY MARKET OUTLOOK-9 June 2014

INDIAN BENCHMARK extended gains for third consecutive session and are trading at lifetime high tracking firm global cues along with capital goods and financials leading the gains.

FURTHER,
NTPC has invited bids for construction of the 1,320-MW Khargone thermal project. GAIL India Ltd is offering gas supplies from the US at $12-13, at least a dollar less than the price

Trend in FII flows:
The FIIs were net buyers of Rs 192cr in the cash segment on Friday while the DIIs were net sellers of Rs. 315cr, as per the provisional figures released by the NSE.

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