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INDIAN EQUITY MARKET OUTLOOK-16 Jun 2015

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INDIAN BENCHMARKS  are likely to open on a cautious note as the global cues look mixed with SGX Nifty trading 12.50 points lower.                                                    
                         
Headlines for the day:
Aurobindo Pharma receives USFDA approval for anti-epileptic drug
Biocon's arm Syngene International gets SEBI approval for IPO
TVS Srichakra extends gain on ties up with France's Michelin

Trend in FII flows: The FIIs were net sellers of Rs  -604.86 Cr in the cash segment on Monday  while the DIIs were net buyers of Rs  650.47 Cr, as per the provisional figures released by the NSE.

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