INDIAN EQUITY MARKET OUTLOOK-08 MAY 2015

Nifty Futures Tips

INDIAN BENCHMARKS are likely to open on a volatile note as the global cues look unsupportive with SGX Nifty trading 9 points lower.                               
                                   
Results on May 08, 2015
Eicher Motors, GlaxoSmithkline Consumer Healthcare, HUL, P&G, Allahabad Bank, IOB, PNB, Ajanta Pharma
                                                                 
Headlines for the day:
SPARC to consider right issue on May 12
Reliance Infrastructure – Pipavav Defence deal gets CCI nod
Birla Corp Q4FY2015: Cement performance remains weak

Trend in FII flows: The FIIs were net  sellers of Rs  - 1360.69 Cr in the cash segment on Thursday while the DIIs were net buyers of Rs  1158.02 Cr, as per the provisional figures released by the NSE.

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