Market Outlook - Investors will keep a close eye on macro-economic data!

The 50-share Nifty index is expected to open higher on Thursday following mixed trend in other Asian markets, while investors will keep a close eye on macro-economic data which will be out later today. Stocks in news are JP Associates, Ultra Tech Cements, Power Grid, Coal India, Axis Bank, HCL Tech, Hero Motocorp, Idea and India Infoline.

Today’s Headlines

•India Ratings sees rise in commercial vehicle loan defaults.
•United Spirits Limited to act as sales agent for Diageo’s global brands.
•Top oil companies to push shale exploration, marketing.
•UltraTech to buy JP’s Gujarat Cement plants for Rs 3,800 crore.
•Tayal Group offices searched by I-T, Central Excise.

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