News on Indian Stock Market Services and Recommendation

Indian shares are likely to open slightly lower and will trade rangebound as investors are cautious ahead of the general election results due next week. 

Overseas investors sold index futures worth 3 billion rupees ($50.00 million) on Thursday. However, they bought shares worth 3.63 billion rupees in the cash segment, provisional exchange data shows. 

Ranbaxy Laboratories will be in focus as the company, which agreed to be acquired by larger rival Sun Pharmaceutical Industries last month, will report earnings on Friday for the January-March quarter.

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