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Monday, September 22, 2014

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INDIAN BENCHMARK open lower tracking mixed cues from Asia and overnight losses on Wall Street. Meanwhile, selling by foreign funds is likely to weigh on market sentiment.

FURTHER, Pidilite Industries Ltd has approved acquisition of the adhesive business of Blue Coat Private Limited on a slump sale basis for a cash consideration of Rs 263.57 crores.  Mindtree has allotted 33,906 Equity Shares of Rs10 each, under various ESOP Plans on September 22, 2014.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Monday while the DIIs were net buyers of Rs. 31cr, as per the provisional figures released by the NSE.

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