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- INDIAN BENCHMARK open higher levels with upside gains.
Posted by : Simran Shah
Monday, 1 September 2014
INDIAN BENCHMARK open higher levels with upside gains. Auto
stocks will be in focus on the back of robust August sales. Further,
metal and power stocks could extend gains after the Centre requested the
apex court not to cancel permits for 46 blocks.
FURTHER, Cipla
Ltd has launched an anti-asthma inhaler in Germany and Sweden that is a
generic version of GlaxoSmithKline Plc's Advair, a move that will
further dent sales of the British firm's top-selling product. Tata
Motors reported 17.59% decline in total sales at 40,883 units in
August, 2014 as against 49,611 units in the same month last year.
Trend in FII flows: The
FIIs were net buyers of Rs 192cr in the cash segment on Monday while
the DIIs were net sellers of Rs. 561cr, as per the provisional figures
released by the NSE.
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