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INDIAN EQUITY MARKET OUTLOOK- 29 Dec 2015

Equity Tips
The market has opened marginally higher on Tuesday morning. The Sensex rose 51.81 points to 26085.94 and the Nifty gained 3.85 points at 7929.

NTPC, Lupin, Adani Ports, Tata Steel and GAIL were early gainers while Maruti Suzuki, ICICI Bank, ONGC, ITC, TCS, Cairn India and HCL Tech were under pressure.

The Indian rupee opened marginally lower at 66.25 per dollar today against previous close of 66.19.

Major Headlines of the day:

• Aurobindo gets tentative USFDA nod for Esomeprazole        Magnesium
• Lupin gets USFDA final approval for Femhrt tablets
• NBCC wins order worth Rs328 crore from NTPC JV

Trend in FII flows: The FIIs were net  sellers of  Rs -302.62 Cr in the cash segment on Monday while the DIIs were net buyers of  Rs 987.82 Cr, as per the provisional figures released by the NSE.

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