INDIAN
BENCHMARKS have started the trading session on higher note tracking positive
global cues.
Traders
will eye December wholesale price inflation to be announced today which is seen
at 7% and considered to be key ahead of the Reserve Bank of India (RBI)'s rate
review on January 28. Software
exporters such as Tata Consultancy Services Ltd gain on optimism ahead of
quarterly results on Thursday.
FUTHER, Shares
of Coal India were up 2% at Rs 296 after board has approved a special dividend
for the current financial year. Liberty Shoes lost 4% to Rs 148, with
the stock sliding on profit taking after recent gains after net profit rose
82.48% to Rs 3.23 crore in Q3 December 2013 over Q3 December 2012.
Trend
in FII flows: The
FIIs were net seller of Rs. 260cr in the cash segment on Tuesday while the
domestic institutional investors (DIIs) were net sellers of Rs. 97cr,
as per the provisional figures released by the NSE.
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