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Wednesday, March 4, 2015

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INDIAN BENCHMARKS are likely to open on a flat note as the global cues look mixed with SGX Nifty trading 10.50 points higher.
Headlines for the day:
Cairn India announces 58% cut in FY16 capex projection to $500 million
Adani Power, Usha Martin bag mines in 2nd leg of coal auction
SBI's up to Rs15,000-cr share sale likely by April-end

Trend in FII flows: The FIIs were net buyers of Rs 2786.24 cr in the cash segment on Wednesday while the DIIs were net buyers of Rs.  16.89 cr, as per the provisional figures released by the NSE.

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