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Thursday, August 7, 2014

INDIAN BENCHMARK open in the negative territory tracking weakness in the global markets. Results will remain in focus, especially of SBI.

FURTHER, Apollo Tyres plans to raise about Rs 1,725 crore through issue of securities was today approved by the shareholders of the company. Reliance Communication has received Rs. 650 crore from Telecom Infrastructure Finance Private Limited equivalent to 50% of the issue price of the Equity.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Thursday while the DIIs were net buyers of Rs. 228cr, as per the provisional figures released by the NSE.

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