The 50-share Nifty index is expected to open lower on Wednesday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological support level of 5,900. Stocks in news are Ceramics, PNB, Indian Bank, IDBI Bank, Oriental Bank, Bayer CroScience, SBIN, DLF and Tata Power.
Today’s Headlines
1) PNB, OBC cut interest rate on car, consumer goods loans.
2) Indian Air Force ends Indian Oil Corp monopoly, starts bidding for aviation turbine fuel.
3) DoT defends Idea Cellular's ‘set-off’ decision.
4) Mukesh Ambani-owned Reliance Jio calls TRAI's plan to impose 3% spectrum usage fee as untenable.
5) Air Costa plans to investors 618 cr in 2 yrs.
For detail analysis report please visit: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf
Today’s Headlines
1) PNB, OBC cut interest rate on car, consumer goods loans.
2) Indian Air Force ends Indian Oil Corp monopoly, starts bidding for aviation turbine fuel.
3) DoT defends Idea Cellular's ‘set-off’ decision.
4) Mukesh Ambani-owned Reliance Jio calls TRAI's plan to impose 3% spectrum usage fee as untenable.
5) Air Costa plans to investors 618 cr in 2 yrs.
For detail analysis report please visit: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf
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