Sunday, 20 April 2014
INDIAN BENCHMARK open with marginal
gains with index heavyweight Reliance Industries in focus after the company
reported its highest quarterly profits in two years.
FURTHER, Reliance
Industries has divested its 30% stake in an oil and gas block in Peru to
Australia’s Woodside Petroleum and Pluspetrol of Argentina to trim its overseas
properties. JSW
Steel is in talks to acquire Welspun Maxsteel for about 1,000 crore.
Trend in FII flows: The FIIs were net buyers of Rs.433cr
in the cash segment on Thursday while the domestic institutional investors
(DIIs) were net sellers of Rs. 122cr, as per the provisional figures
released by the NSE.
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