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Monday, June 1, 2015

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INDIAN BENCHMARKS are likely to open on a subdued note as the global cues look unsupportive with SGX Nifty trading 21 points lower.                                                        
                                                                                                 
Headlines for the day:
HSBC manufacturing PMI hits 4-month high in May
Maruti Suzuki May 2015 volumes up 13.8% (YoY); marginally beat estimates
Ashok Leyland May 2015 volumes up 40.1% (YoY) to 9,294 units
Escorts Ltd May 2015 sales down 16.4% (YoY)      
                                                       
Trend in FII flows: The FIIs were net buyers of Rs  113.47 Cr in the cash segment on Monday while the DIIs were net buyers of Rs  49.34 Cr, as per the provisional figures released by the NSE.

Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and commodity market.



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