INDIAN EQUITY MARKET OUTLOOK-11JUNE 2014















INDIAN BENCHMARK open on a flat note on account of muted global trends. Reliance Communications Ltd is planning to raise funds raise through an institutional share sale.

FURTHER, United Bank of India has been allowed by the Reserve Bank of India to consider loan proposals up to Rs 200 crore from 'AAA'-rated companies. L&T Finance Holdings Parent company L&T proposes to sell 1.6% stake in L&T Finance for about Rs 204 crore.

Trend in FII flows:
The FIIs were net buyers of Rs 192cr in the cash segment on Tuesday while the DIIs were net sellers of Rs. 1215cr, as per the provisional figures released by the NSE.

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