Sunday, 6 July 2014
INDIAN BENCHMARK have started the
trading session on a firm note with the Indices hitting lifetime high. The
first Budget session of the 16th Lok Sabha begins today.
FURTHER, Tata Power has decided
to sell its 5% stake in PT Kaltim Prima Coal for about $ 250 million to reduce
its debt, less than six months after offloading its holding in another
Indonesian coal company named PT Arutmin. Adani Ports has formed an equal joint
venture with French shipping company CMA CGM to build a container terminal at
Mundra in Gujarat.
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. 853cr, as per the provisional figures
released by the NSE.
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