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Benchmarks trade lackluster in early deals
India, Oct. 10 -- Indian equity benchmarks made negative start and are trading lower with cut of over one third of a percent each in early deals on Thursday, tracking losses in banking stocks amid unabated foreign fund outflow. Foreign institutional investors (FIIs) remained net sellers in the capital market, pulling out Rs 485.24 crore on Wednesday. Investors are looking ahead to the September quarter earnings results of Tata Consultancy Services (TCS) and IndusInd Bank scheduled to announce later in the day. Some cautiousness crept in with a private report that a workforce analysis of listed companies reveals that the job loss in public sector was one of the worst in the recent times. In contrast to an increase of 9.2 per cent headcount i...
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