Sunday, 20 July 2014
INDIAN BENCHMARK have opened on a firm
note tracking positive global cues. Moreover, the advancement of monsoon rains
has boosted the market sentiments.
FURTHER, Reliance
Industries Ltd has posted a net profit/(loss) after taxes, minority interest
and share in profit/(loss) of associates of Rs. 59570 mn for the quarter ended June
30, 2014 as compared to Rs. 52370 million for the quarter ended June 30,2013.
Reliance
Power has posted a growth of 1.8% in its first quarter (April-June) with a
consolidated net profit at Rs 244.3 crore as against Rs 240 crore in the
year-ago period.
Trend in FII flows: The FIIs
were net buyers of Rs 192cr in the cash segment on Friday while the DIIs
were net sellers of Rs. 283cr, as per the provisional figures released by
the NSE.
