Wednesday 16 October 2013

Overseas acquisition will not drag growth:- Shriram Capital!

Indian markets are expected to open on a muted note on Thursday as the impasse over the debt ceiling in Washington continued with no sign of progress toward a resolution. The key support level for the index is placed at 6,043 levels. Stocks in news are Bajaj Auto, HCL Technologies, Axis Bank, DB Corp, Tata Global Beverages, Apolo Tyres, ONGC, AB Nuvo and Financial Technologies.

Today’s Headlines

1) Citi India consumer loans grow by 7.4% at $7.1 bn in Q3.
2) Overseas acquisition will not drag growth: Shriram Capital.
3) CCI's involvement may not make path for NHPC's Rs 16,000 crore Dibang project.
4) Vedanta seeks fresh blessing for $3.5 bn India buyout offers
5) Healthcare IT sector raised $737 mn via VC funding in Q3.

For detail analysis report please visit: - http://rrfinance.tumblr.com/post/64276324778/overseas-acquisition-will-not-drag-growth-shriram

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