INDIAN EQUITY MARKET OUTLOOK-21 JANUARY 2016

Sgx Nifty

INDIAN BENCHMARKS  are likely to witness positive opening as the global cues look supportive with SGX Nifty trading 46.50 points lower. Indian stocks ended at a fresh 20-month low on Wednesday dropping to their weakest since before the election of Prime Minister Narendra Modi on increasing concerns the country will be hit hard by the growing turmoil in global markets. The S&P BSE Sensex and CNX Nifty ended 1.71%-1.69% lower each. On Wednesday, January 20, 2016, 30-share BSE SENSEX closed at 24062.04, down by 417.8 points or by 1.71 per cent, and the NSE Nifty ended at 7309.3, down by 125.8 points or by 1.69 per cent.

RESULT’S ON 21st   JAN 2016 :   BIOCON,AGRO TECH , EXIDEIND, IDEA,INDIA BULLS REAL,HIND ZINC ,M&M FINANCIAL, RAYMOND,REL CAPITAL

Trend in FII flows:   

The FIIs were net  sellers of  Rs -1324.69 Cr in the cash segment on Wednesday while the DIIs were net buyers of  Rs 1383.14 Cr, as per the provisional figures released by the NSE.

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