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Sunday, August 24, 2014

INDIAN BENCHMARK open trading session on a positive note with Nifty touching fresh record high despite mixed global cues.

FURTHER, Shares of Ranbaxy Laboratories rose nearly 2%, on reports that UBS has maintained buy rating on the stock with a target price of Rs784 per share. Adani Group plans to sign a pact (MoU) with the Odisha government soon for setting up of a 2,500 Mw rejected coal based power plant in Angul district.

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. 183cr, as per the provisional figures released by the NSE.

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