Market Outlook - 50-share Nifty index is expected to open soft!

The 50-share Nifty index is expected to open soft on Wednesday tracking muted Asian markets, while investors will keep a close eye on inflation data for the month of July. Stocks in news are Hindalco Industries, Tata Steel, Wockhardt, Neyveli Lignite, IOC,Renuka, Escorts, HDIL, MTNL, Astrazeneca, Aditya Birla Chemicals, Voltas and IVRCL.

Today’s Headlines

1)     Saving PSU banks from government through mix of governance, compensation reform & privatization.

2)     Xerox India aims for 45% revenue from SMB in three years.

3)     Bharti Airtel ties up with IRCTC for railway bookings.

4)     Expedite completion of signalling tech upgrade: CAG to Railways

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