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INDIAN BENCHMARK started on a very quiet note
By : Simran Shah
INDIAN BENCHMARK started on a very quiet
note with the benchmark indices hovering around yesterday's close.
FURTHER, HDFC Bank seeks
shareholder approval in order to raise Rs 10,000 crore in the AGM meet to be
held later during the day. Reliance Communication plans to raise Rs 4,300 crore
by way of a qualified institutional placement of shares and a preferential
offer to promoters.
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. 216cr, as per the provisional figures released by the NSE.
WPI (Wholesale Price Index) UPDATE
By : Simran Shah
The Wholesale Price Index (WPI)
measures the change in the price of goods sold by wholesalers. It shows the
average price changes of goods sold in bulk, and they are a group of the
indicators that follow growth in the economy.
May
WPI inflation at 6.01% vs 5.2%, highest level since Dec 2013.
INDIAN BENCHMARK open lower on first trading day
By : Simran Shah
INDIAN BENCHMARK open lower on first trading day
of the week tracking weak global cues along with capital goods shares leading
the fall.
FURTHER, Apollo Tyres
plans to expand the manufacturing capacity for off-highway tyres by investing
about Rs.400 crore in its Kerala plant. GAIL India is planning to reduce its
equity stake in ONGC's mega petrochem project at Dahej to 11.6 %.
Trend in FII flows: The FIIs
were net buyers of Rs 192cr in the cash segment on Friday while the DIIs
were net buyers of Rs. 358cr, as per the provisional figures released
by the NSE.