INDIAN
BENCHMARKS are likely to open weak tracking negative Asian cues as well as
Sensex fell nearly 4 percent yesterday, retreating from a 2-1/2 week closing
high in the previous session, as blue chip shares slumped as fears of military
tensions in the Middle East roiled global markets. Investors are now anxiously
waiting for any fresh measures with Raghuram Rajan taking over the reins of RBI
as the new governor on September 5.
FUTHER, TCS has bagged a multi-million euro deal from Norwegian firm DNB. SAIL, Essar Steel, JSPL and JSW Steel have raised prices by up to Rs 2,500 per tonne for this month due to sharp increase in input costs.
Trend in FII
flows: The
FIIs were net buyers of Rs 2065cr in the cash segment on Tuesday while the
domestic institutional investors (DIIs) were net sellers
of Rs. 804cr, as per the provisional figures released by the NSE.
commodity tips
equity tips
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