The 50-share Nifty index is expected to open flat on Monday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological support level of 7,450 in trade today. Stocks in news are Infosys, Tata Motors, Tata Chemicals, Sun Pharma, Titan, PSU Bank, TVS Motors, IOC, BPCL and HPCL.
Today’s Headlines
1) RBI bought $19 billion in forward market to contain rupee volatility.
2) IBM Signe deal worth Rs 550 crore with microfinance firm Janalakshmi Financial Services.
3) Roadblocks in process of power generation.
4) Diesel price deregulation likely by December if global price trend stays.
5) Government revives proposal for CIL to import coal; pool with domestic produce.
6) TVS Motor pips Bajaj Auto from third spot in local two wheeler sales.
Debt Market Key Headlines
1) Continuing to bet big on the reform agenda of Narendra Modi-led government, overseas investors have poured in nearly Rs 17,000 crore in the Indian markets since the beginning of the month.
2) Net investments by foreign investors in equity market stood at Rs 7,505 crore ($1.25 billion) till July 11. Net inflow for the debt market was Rs 9,286 crore ($1.55 billion), taking the total amount to Rs 16,791 crore ($2.8 billion), shows the latest data.
Read detail analysis report here: - http://www.rrfinance.com/Reserch/ResearchHome.aspx
Today’s Headlines
1) RBI bought $19 billion in forward market to contain rupee volatility.
2) IBM Signe deal worth Rs 550 crore with microfinance firm Janalakshmi Financial Services.
3) Roadblocks in process of power generation.
4) Diesel price deregulation likely by December if global price trend stays.
5) Government revives proposal for CIL to import coal; pool with domestic produce.
6) TVS Motor pips Bajaj Auto from third spot in local two wheeler sales.
Debt Market Key Headlines
1) Continuing to bet big on the reform agenda of Narendra Modi-led government, overseas investors have poured in nearly Rs 17,000 crore in the Indian markets since the beginning of the month.
2) Net investments by foreign investors in equity market stood at Rs 7,505 crore ($1.25 billion) till July 11. Net inflow for the debt market was Rs 9,286 crore ($1.55 billion), taking the total amount to Rs 16,791 crore ($2.8 billion), shows the latest data.
Read detail analysis report here: - http://www.rrfinance.com/Reserch/ResearchHome.aspx
No comments:
Post a Comment