The Nifty is likely to open on a flat note in absence of supportive cues from Asian peers. The trade is likely to turn choppy as the session progresses and rate sensitives will be in action ahead of RBI policy for direction. Stocks in news are L&T, Infosys, Aurobindo, Financial Tech, AstraZeneca Pharma, MTNL, Bayer Crop, PIpavav Defence and SAIL.
Today’s Headlines
1) Volkswagen studying possibility of introducing a budget brand for Indian market.
2) Hero MotoCorp sales up by 8 per cent in May.
3) IDFC to shave off infrastructure loans to meet RBI norms.
4) Reliance Industries Ltd rejigs investment portfolio; focus on bonds, deposits.
5) Power deficit doubles in May to 7,000 MW; 20K MW of new thermal capacity still lying idle.
6) Kamdhenu Ispat expects 20% revenue growth this fiscal.
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf
1) Volkswagen studying possibility of introducing a budget brand for Indian market.
2) Hero MotoCorp sales up by 8 per cent in May.
3) IDFC to shave off infrastructure loans to meet RBI norms.
4) Reliance Industries Ltd rejigs investment portfolio; focus on bonds, deposits.
5) Power deficit doubles in May to 7,000 MW; 20K MW of new thermal capacity still lying idle.
6) Kamdhenu Ispat expects 20% revenue growth this fiscal.
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf
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