Market Outlook - Nifty index is expected to open with a gap-up on Monday!

The 50-share Nifty index is expected to open with a gap-up on Monday tracking positive trend in other Asian markets, while traders will keep a close eye on inflation data for the month of August which will be out later today. Stocks in news are Sun Pharma, SBIN, Neyveli Lignite, HCL Tech, Reliance Ind, Cairn and Essar Oil.

Today’s Headlines

1) Banking aspirants like Shriram Capital, Religare Enterprises scramble for bank licence.
2) Crisil sees banks' restructured assets at Rs 4 trillion by FY14-end.
3) Electrosteel lenders agree to recast its Rs 6,800 crore loan with riders.
4) Sun Pharmaceuticals files ANDAs for 4 products in Q1 FY14.

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