INDIAN BENCHMARKS are likely to open on a cautious note as the global cues look unsupportive with SGX Nifty trading 29 points lower.
Headlines for the day:
- Moody’s downgrades Bank of India, Canara Bank
- Glenmark Pharma gets USDFA nod for cholesterol drug Zetia
- JSW Steel seeks shareholder consent for Rs4000 crore QIP
Trend in FII flows: The FIIs were net sellers of Rs – 711.88 Cr in the cash segment on Monday while the DIIs were net buyers of Rs 906.38 Cr, as per the provisional figures released by the NSE.
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