Wednesday 4 June 2014

Reliance, Essar cut crude imports from Middle East!

The 50-share Nifty index is expected to open flat on Thursday following muted trend seen in other Asian markets. Tracking the momentum, the index may retest its crucial psychological support level of 7,400 in trade today. Stocks in news are Trend, JSW Steel, IGL, IDFC, Reliance Capital, KSK Energy, Reliance Industries, JSPL, NMDC and Anjani Portland.


http://en.wikipedia.org/wiki/Reliance_Industries


Today’s Headlines

1) Maruti Suzuki delegation meets Gujarat Chief Minister Anandiben Patel.
2) Manipal group scion Ranjan Pai and former Infosys director Mohandas Pai to launch new funds worth $200 million.
3) Reliance, Essar cut crude imports from Middle East.
4) Tata Housing to spend Rs 3,000 cr to buy land across major cities.
5) NMDC ups iron ore prices after Odisha mine closures

Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf

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