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- INDIAN EQUITY MARKET STRATEGY-16 JULY 2014
Posted by : Simran Shah
Tuesday, 15 July 2014
INDIAN
BENCHMARK
has opened on a firm note tracking firm global cues. In addition, easier norms
on bond sales for infrastructure and affordable housing notified by the RBI
boosted the sentiments of the market participants.
FURTHER, DLF Ltd is
planning to rise up to Rs 3,500 crore through issue of securities backed by
IT-SEZ. Sun Pharmaceutical Industries rose 1.06% after the company announced
acquisition of Pharmalucence Inc., by one of its subsidiaries.
Trend in FII flows: The FIIs
were net buyers of Rs 192cr in the cash segment on Tuesday while the DIIs
were net sellers of Rs. 471cr, as per the provisional figures
released by the NSE.
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