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INDIAN EQUITY MARKET OUTLOOK-26 Nov 2014

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INDIAN BENCHMARK  are likely to open little changed today tracking a subdued trend in fellow Asian peers and a flat closing at Wall Street overnight as an upward revision of Q3 GDP data was offset by a dip in US consumer confidence and slowing home prices gains, clouding the outlook for the world’s biggest economy. SGX Nifty is trading 15.00 points lower.

FURTHER, Govt to divest CIL, ONGC, SAIL by end of Jan 2015.Power Grid stock extend losses on MSCI exclusion.Godrej Properties opens first international office in Dubai.

Trend in FII flows: The FIIs were net buyers of Rs 1168.94 cr in the cash segment on Tuesday while the DIIs were net sellers of Rs. -732.12 cr, as per the provisional figures released by the NSE. 

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