Sunday 3 August 2014

Samsonite plans to acquire local brands in India!

The 50-share Nifty index is expected to open higher on Monday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to reclaim its crucial psychological level of 7,650 in trade today. Stocks in news are Reliance Industries, TVS Motor, Berger Paints, Gujarat Pipavav, Syndicate Bank, Raymond, Motherson Sumi, Godrej Properties, Bank of Maharastra and JSW Steel.

Today’s Headlines

1) Honda to set up world’s largest scooter plant in Gujarat.

2) L&T Infrastructure Finance looks to raise $1 billion in a private equity fund.

3) Samsonite plans to acquire local brands in India.

4) Tata Global Beverages take Himalayan to Singapore; more global marts soon.

5) Government's gas pricing plan may try to keep buyers and sellers happy.

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

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