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Monday, September 8, 2014

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INDIAN BENCHMARK open flat amid sluggish trades among major Asian markets. Further, power and metal stocks will be in focus as the Supreme Court is scheduled today to announce its decision on coal block allocations.

FURTHER, Cipla will be in focus after the company entered into a commercial collaboration with S&D Pharma in the Czech Republic and Slovakia. Aditya Birla Chemicals Limited has acquired Jayshree Chemicals Ltd's caustic soda business for 2.12 billion rupees.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Monday while the DIIs were net sellers of Rs. 508cr, as per the provisional figures released by the NSE.

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