INDIAN BENCHMARKS 21-Oct-15

INDIAN BENCHMARKS  likely to open lower in the early trade as global cues displayed mixed cues. SGX Nifty is trading 1.50 points lower. 

Headlines for the day:

• Maruti's royalty payment to Suzuki rises 6.6 times in 15 years
• Airtel to use $1.7 bn of tower sale proceeds to retire debt
• Tata Steel UK may cut 1,200 jobs
• Impairment for KG-D6 block likely for RIL

 Trend in FII flows: The FIIs were net  buyers of Rs   523.69  Cr in the cash segment on  Tuesday while the DIIs were net sellers of Rs   -354.96 Cr, as per the provisional figures released by the NSE.

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