INDIAN BENCHMARKS are likely to start the session on a positive note as the global cues look supportive with SGX Nifty trading 13.50 points higher.
Indian Indices:
Indian shares are likely to start the session on a positive note as the global cues look supportive with SGX Nifty trading 13.50 points higher. Indian shares marked a sixth session of losses on Wednesday, staying near three-month lows hit on Tuesday, as hopes dwindled that a crucial tax reform would be cleared in the ongoing winter session of parliament. The S&P BSE Sensex and CNX Nifty fell 1.08%-1.16% each. On Wednesday (December 09, 2015), the 30-share Sensex closed at 25036.05, down by 274.28 points or by 1.08%, and the NSE Nifty ended 89.2 points lower at 7612.5.
Trend in FII flows: The FIIs were net sellers of Rs – 527.41 Cr in the cash segment on Wednesday while the DIIs were net buyers of Rs 864.72 Cr, as per the provisional figures released by the NSE.
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