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Wednesday, March 11, 2015

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INDIAN BENCHMARKS are likely to open on a slightly higher note as the global cues look mixed with SGX Nifty trading 17.50 points higher.

Events for the day:
ADLABS Entertainment IPO closes today
IIP and CPI data to be announced post markets hours

Headlines for the day:
ICICI Bank in talks to sell 5% stake in ICICI Pru Life for $300 mn
Insurance Bill likely to be tabled in Rajya Sabha today
Bharti Airtel and Tata Teleservices to join hands for sharing infrastructure
Elder Pharma clears pending statutory payments worth Rs26 cr

Trend in FII flows: The FIIs were net seller of Rs 444.65 cr in the cash segment on Wednesday while the DIIs were net buyer of Rs. 338.96 cr, as per the provisional figures released by the NSE.

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