INDIAN BENCHMARKS  are likely to start the session on a positive note as the global cues look supportive with SGX Nifty trading 70 points higher.

Headlines for the day:
  • India's fiscal situation expected to improve in 5 years: IMF
  • Q2FY2016 – Consumer goods and services preview
  • Q2FY2016 Auto Sector earnings preview

Trend in FII flows: The FIIs were net  sellers of Rs   -48.89 Cr in the cash segment on Thursday while the DIIs were net  sellers of Rs   -299.75 Cr, as per the provisional figures released by the NSE.