INDIAN BENCHMARKS are likely to open
higher today led by financials but further gains are likely to be capped as
profit taking may emerge at higher levels.
FUTHER, Bajaj Auto may
see some action after the two-wheeler major on Wednesday reported 2.71 per cent
rise in motorcycle sales at 3,23,879 units in September. Tata Communications
may see some action amid reports that the company plans to enter into a a
partnership with UAE's telecom giant Etisalat to build a multi-service regional
network infrastructure accessed from Etisalat'sSmartHub facility in the UAE.
Trend in FII flows: The FIIs
were net buyers of Rs. 1728.67cr in the cash segment while the domestic
institutional investors (DIIs) were net sellers of Rs. 818.87cr, as
per the provisional figures released by the NSE.
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