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INDIAN EQUITY MARKET OUTLOOK-27 Nov 2014

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INDIAN BENCHMARK are likely to open on a flat note ahead of the expiry of the November F& O (futures & options) contracts and weakness in most fellow Asian stocks. Markets may witness heightened volatility today as traders roll over their positions in November derivative contracts. SGX Nifty is trading 17.00 points higher.

FURTHER, Stake sale overhang a good opportunity to buy Coal India, ONGC,Godrej Tyson to expand activities in smaller towns,Promoter group to infuse Rs 92 crore in Orchid Pharma.

Trend in FII flows: The FIIs were net buyers of Rs 181.46 cr in the cash segment on Wednesday while the DIIs were net sellers of Rs. -314.64 cr, as per the provisional figures released by the NSE.

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