The 50-share Nifty index is expected to open higher on Wednesday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to rally past its crucial psychological level of 6250 in trade today. Stocks in news are NTPC, Ranbaxy Laboratories, Bharti Airtel, Reliance Indu, Tata Steel, Shriram Transport Finance, Alstom India, Supreme Industries, Lupin DLF and Infosys.
Today’s Headlines
1) Vodafone to raise Indian unit stake to 100% for Rs 10,141 crore.
2) Tata Sky reduces price of HD set top box to Rs 2,000.
3) JSW Steel to raise $600 million from overseas market.
4) Coal blocks auction may be delayed further to March.
5) Government to ask RIL to give up 80% of D6 gas block.
6) Local incorporation not necessary for Citibank, StanChart, HSBC and Deutsche Bank.
Read full detail here: - http://www.quora.com/Rahul-Prasad-12/Posts/The-index-is-expected-to-touch-its-psychological-level-of-6250-in-trade-today
Today’s Headlines
1) Vodafone to raise Indian unit stake to 100% for Rs 10,141 crore.
2) Tata Sky reduces price of HD set top box to Rs 2,000.
3) JSW Steel to raise $600 million from overseas market.
4) Coal blocks auction may be delayed further to March.
5) Government to ask RIL to give up 80% of D6 gas block.
6) Local incorporation not necessary for Citibank, StanChart, HSBC and Deutsche Bank.
Read full detail here: - http://www.quora.com/Rahul-Prasad-12/Posts/The-index-is-expected-to-touch-its-psychological-level-of-6250-in-trade-today
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