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CapitalStars Updates: INDIAN BENCHMARKS

INDIAN BENCHMARKS  are likely to open on a cautious note as the global cues look unsupportive with SGX Nifty trading 19 points lower.

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Headlines for the day:

  • Lupin acquires stake in Russia-based Biocom
  • Fitch Cuts India’s Growth Forecast to 7.8% in FY16
  • Hindustan Petroleum Corporation is planning to raise $200 million

Trend in FII flows: The FIIs were net  buyers of Rs   575.32 Cr in the cash segment on Thursday  while the DIIs were net sellers of Rs -219.02 Cr, as per the provisional figures released by the NSE.

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