Monday 23 September 2013

Market Outlook - Nifty index is expected to open lower!

The 50-share Nifty index is expected to open lower on Tuesday following weak Asian markets. Tracking the momentum, the index is expected to test its crucial psychological support level of 5,850 in trade today. Stocks in news are Tata Steel, Tata Comm, Lupin, Glenmark Pharma, SBIN, PNB, BOB and Indian bank, Videocon Industries, Bharti Airtel and Idea.

Today’s Headlines

1) Liquidity crunch: SBI stops discounting LCs issued by other banks.
2) Canadian companies keen to bring pension funds to invest in India: Stewart Beck, Envoy.
3) Oil Ministry's campaign: Drive into a petrol pump, get fuel-saving tips for free.
4) GEF to invest Rs 75 cr in Nashik-based Rishabh Instruments.

For detail analysis report please visit: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf



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