Tuesday, 23 July 2013

Market Outlook - Nifty index is expected to open lower!

The 50-share Nifty index is expected to open lower on Wednesday tracking negative Asian markets, while investors will keep a close eye on Hero Moto Corp which will declare its quarterly results later in the day today. Stocks in news are Banking Stocks, Cairn India, Ambuja Cements, Spice Jet, NTPC, L&T, Tata Motors, Financial Technologies, JSW Steel, Coromandel International and Emkay Global.

Today’s Headlines 

1) Exim Bank expects 18% topline growth in FY14.
2) DIY ecomm platform Kartrocket raises seed funding.
3) Private equity fund Sequoia may invest Rs 100 crore in Vini Cosmetics.
4) UPA plans refinery at Barmer in Rajasthan ahead of polls.
5) NTPC to pump in Rs 8,900 crore to develop captive coal mines.

Read full story here:- http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf



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