INDIAN BENCHMARKS  are likely to open on a cautious note as the global cues look mixed with SGX Nifty trading  5 points lower.                                                  
Headlines for the day:
  • BHEL Q1 disappoints; net profit down 83%
  • Corporation Bank Q1 net profit down 12%; asset quality worsens
  • M&M positive surprise on margins; PAT beats
  • Grasim Inds reports Q1 consolidated net profit at Rs485 cr

Trend in FII flows: The FIIs were net  sellers of Rs  -93.74 Cr in the cash segment on Friday while the DIIs were net buyers of Rs   34.08 Cr, as per the provisional figures released by the NSE.