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Tuesday 6 October 2015

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INDIAN BENCHMARKS 06-Oct-15

INDIAN BENCHMARKS are set to open higher today tracking a firm trend in markets across Asia. SGX Nifty is trading 50 points higher.

Headlines for the day:
  • Fitch cuts India's GDP growth forecast to 7.5%
  • Auto sales for September 2015: Strong growth for MHCV segment
  • Bajaj Auto September 2015 volumes down 3.8% YoY
  • JLR August 2015 US Retail volumes up 61.3% YoY

Trend in FII flows: The FIIs were net  buyers of Rs   649.9 Cr in the cash segment on Monday while the DIIs were net  buyers of Rs   365.77 Cr, as per the provisional figures released by the NSE.

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