Monday 11 November 2013

Market Outlook- Positive trend were seen in Asian markets!

The 50-share Nifty index is expected to open flat on Tuesday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological support level of 6080 in trade today as index may come under some selling pressure at higher levels. Stocks in news are Apollo Hospitals, Reliance Communication, Fortis Healthcare, Hindalco, IOC, Apollo Tyres, Reliance Infra and Corporation Bank.

Today’s Headlines

1) Lending rates may not rise despite deposit rate hike.
2) Vodafone, ICICI bring 'M-Pesa' to North-east.
3) Union Bank raises deposits rates, no plan to raise lending rates.
4) Tussle over KG-D6 output: Reliance Industries to furnish bank guarantee.
5) Luminous Power Technologies opens inverter battery unit in TN.

Read detail analysis report here: - http://www.quora.com/Rahul-Prasad-12/Posts/Market-Outlook-Positive-trend-were-seen-in-Asian-markets

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