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INDIAN EQUITY MARKET OUTLOOK-12 Sep 2014

Equity Tips
INDIAN BENCHMARK are likely to be range bound as investors will remain cautious as government will release the CPI data for August 2014 and the industrial production data for the month of July today.

FURTHER, Titan Company Limited commissioned its new stainless steel watch case plant on the outskirts of Coimbatore in Tamil Nadu costing over Rs750mn. ICICI Bank is set to raise benchmark size dollar bonds through its Dubai branch.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Thursday while the DIIs were net sellers of Rs. 530cr, as per the provisional figures released by the NSE.

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