INDIAN BENCHMARK have started the trading session on a flat note with a positive bias with Sensex and Nifty hovering around 25,800 mark and 7, 700 levels.
FURTHER, Cairn India signed up Halliburton Company, a US multinational, for a Rs 1,200-crore contract to drill 100 wells at the Rajasthan on land block RJ-ON-90/1 over the next 18 months. Bharti Airtel rose 2.09% after the Reserve Bank of India allowed foreign institutional investors to purchase up to 74% of the paid-up capital of the company.
Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Thursday while the DIIs were net sellers of Rs. 624cr, as per the provisional figures released by the NSE.
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