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Monday, March 16, 2015

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INDIAN BENCHMARKS are likely to open on a higher note as the global cues look supportive with SGX Nifty trading 48.50 points higher.                            
Headlines for the day:
IRB Infrastructure achieves financial closure for Aurangabad Toll project
Lupin to acquire remaining 40% stake in South African subsidiary-Pharma Dynamics
KPIT Technologies: Earnings warnings for Q4FY15.

Trend in FII flows: The FIIs were net sellers of Rs -762.55 cr in the cash segment on Monday while the DIIs were net sellers of Rs. 158.65 cr, as per the provisional figures released by the NSE.

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