Tuesday, 7 January 2014
INDIAN BENCHMARKS
open on a positive note, as market are concerned about the uncertainty
of the outcome of the general elections on account of the potential
impact of the AAP showing in the recent Delhi state elections. Investors
are worried about the rise of AAP as a key force in national politics.
FURTHER, Oil and Natural Gas Corp and Oil India Ltd paid $ 2.475 bn to Videocon Group for acquiring 10% stake in gas field off Mozambiqu. Indian Overseas Bank would provide finance up to Rs 50 lakh to micro, small and medium enterprises in the manufacturing sector while Rs 25 lakh for service sector.
Trend in FII flows: The FIIs were net sellers of Rs.567cr in the cash segment on Tuesday while the domestic institutional investors (DIIs) were net buyers of Rs. 59cr, as per the provisional figures released by the NSE.
FURTHER, Oil and Natural Gas Corp and Oil India Ltd paid $ 2.475 bn to Videocon Group for acquiring 10% stake in gas field off Mozambiqu. Indian Overseas Bank would provide finance up to Rs 50 lakh to micro, small and medium enterprises in the manufacturing sector while Rs 25 lakh for service sector.
Trend in FII flows: The FIIs were net sellers of Rs.567cr in the cash segment on Tuesday while the domestic institutional investors (DIIs) were net buyers of Rs. 59cr, as per the provisional figures released by the NSE.
