Wednesday, 13 August 2014
INDIAN BENCHMARK open positive tracking firm global cues. Investors will
keep a watch on WPI data released today.
FURTHER, ONGC missed street
expectations with the first quarter net profit rising 19 percent year-on-year
to Rs 4,782 crore impacted by higher exploration cost written off and
depreciation cost. Adani Power has bought Hyderabad-based Lanco Infratech’s
Udupi power plant at an enterprise valuation of Rs 6,000 crore.
Trend in FII flows: The FIIs
were net buyers of Rs 192cr in the cash segment on Wednesday while
the DIIs were net sellers of Rs. 22cr, as per the provisional figures
released by the NSE.
