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Sunday, September 28, 2014

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INDIAN BENCHMARK open on a lower note tracking weakness in the Asian markets. In addition, investors will remain cautious ahead of the RBI monetary policy scheduled tomorrow.

FURTHER, IDBI Bank approves raising rupee borrowing limit to Rs 15k-cr IDBI Bank today said the board of directors has approved enhancing the rupee borrowing limit to Rs 15,000 crore and also decided to infuse an additional capital of over Rs 58 crore in a subsidiary firm. DLF has come under the scanner of central revenue officials for allegedly evading service tax to the tune of about Rs300mn.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Friday while the DIIs were net buyers of Rs. 1335cr, as per the provisional figures released by the NSE.

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