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Tuesday, July 1, 2014

INDIAN BENCHMARK opened on record high levels after the government decided to take bold decisions and pursue path of fiscal prudence to revive the economy. In addition, firm global cues boosted the market sentiments.

FURTHER, Aban Offshore is in the process of raising about Rs 2,500 crore through the qualified institutional placement route. Tata Motors total sales (including exports) of Tata commercial and passenger vehicles in June 2014 were 38,557 vehicles, a decline of 27% over 52,712 vehicles sold in June 2013.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Tuesday while the DIIs were net sellers of Rs. 774cr, as per the provisional figures released by the NSE.

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