INDIAN BENCHMARKS are expected to open on a positive note after a consolidated week tracking gains in the Asian shares while traders will keep a close eye on inflation data for the month of August which will be out later today.
FUTHER, stocks in focus today will be State bank of India, the country's largest lender has paid Rs 1,120 crore in advance tax for the second quarter as against Rs 1,820 crore in the corresponding period last year, down nearly 40 per cent and Indian energy firms like Reliance Industries, Cairn India and Essar Oil have put shale oil and gas exploration and marketing on their priority list, encouraged with forecasts that the shale boom in North America will dislodge OPEC's hegemony over global energy trade.
Trend in FII flows: The FIIs were net buyers of Rs. 2688.62cr in the cash segment while the domestic institutional investors (DIIs) were net sellers of Rs. 896.29cr, as per the provisional figures released by the NSE.
0 comments:
Post a Comment