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Tuesday, September 9, 2014

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INDIAN BENCHMARK opened lower, amid weak global cues, with metal stocks among the top losers after the Supreme Court late Tuesday reserved its order on coal block allocations.

FURTHER, ICICI Bank could be in action after it announced that its board had approved the splitting of each equity share into five. Biocon Ltd has buying back the 7.69% stake held by GE Capital in Biocon's research arm Syngene for Rs 215.38 crore, valuing the research arm at around Rs 2,800 crore.

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. 752cr, as per the provisional figures released by the NSE.

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