INDIAN BENCHMARK are likely to open on a positive note tracking a firm trend in fellow Asian stocks and yet another record high closing at Wall Street amid easing concerns over the health of the global economy on central bank action in China and Europe . SGX Nifty is trading 12.50 points higher.
FURTHER, Tata Motors to focus on rural market to boost sales.Essar Steel raises $1 bn to fund rupee debt.Adani Power buys Avantha's 600 MW plant for Rs4,200 crore.
Trend in FII flows: The FIIs were net buyers of Rs 407.42 cr in the cash segment on Monday while the DIIs were net sellers of Rs. -162.78 cr, as per the provisional figures released by the NSE.
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