Monday 26 August 2013

Market Outlook - Nifty index is expected to open lower on Tuesday!

The 50-share Nifty index is expected to open lower on Tuesday following negative trend in other Asian markets. After a sharp drop in rupee on Monday, traders will keep a close eye on the movement of rupee in trade today. Stocks in news are Jubilant Food Works, ONGC, GAIL, Shriram City Union Finance and Future Ventures.

Today’s Headlines

1) Plunging rupee, falling stocks trip private equity exit plans.
2) Mobiles, TVs to cost even more on rupee fall.
3) Cairn India moves PM-led cabinet committee on investment to expedite investment.
4) Government may put up 285 MHz in 1800 Mhz band for upcoming auction.
5) NMCC for retaining export curbs on iron ore.

Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf

For more information please visit:- http://rrfinancialconsultants.wordpress.com/

No comments:

Post a Comment