August 17, 2017

Dear all,
INDIAN BENCHMARK are likely to open on a flat note as the global cues look subdued with SGX Nifty trading 10 points higher.
Events for the day:
  • Wholesale Prices YoY
  • VRL Logistics IPO opens today.

Major Headlines of the day:

  • Torrent Pharma in talks to acquire Encore’s derma business
  • Gateway Distriparks aims to list rail unit by end of FY16
  • Skipper set to expand PVC pipes capacity by 4x this fiscal
Trend in FII flows: The FIIs were net  buyers of Rs 417.01 Cr in the cash segment on Monday while the DIIs were net buyers of Rs    46.42  Cr, as per the provisional figures released by the NSE.
Happy Reading!!!

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