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Sunday, 5 January 2014

INDIAN EQUITY MARKET OUTLOOK-06 Jan 2014

INDIAN BENCHMARKS expected to remain weak, as investors anticipate the minutes of the US Federal Reserve's previous board meeting due on Thursday and the start of the December quarter earnings results' season.

FURTHER, Infosys will separate its new-generation business into a subsidiary, freeing it to focus on large outsourcing contracts. Maruti Suzuki will soon introduce a revolutionary technology allowing manual gears to be used like automatic transmission without engaging the clutch.

Trend in FII flows: The FIIs were net sellers of Rs.18cr in the cash segment on Friday while the domestic institutional investors (DIIs) were net sellers of Rs. 280cr, as per the provisional figures released by the NSE.

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