INDIAN BENCHMARKS  are likely to open on a cautious note as the global cues look mixed with SGX Nifty trading  14 points lower.                                                  
Headlines for the day:
  • Motherson Sumi Q1 below street estimates
  • Polaris Consulting Q1 consolidated net profit drops 9% (YoY)
  • JP Power posts Q1 net profit at Rs65 cr (YoY)

Trend in FII flows: The FIIs were net  buyers of Rs  108.93 Cr in the cash segment on Thursday while the DIIs were net sellers of Rs   - 111.78 Cr, as per the provisional figures released by the NSE.