ICICI Bank overtakes HDFC Bank as top private bank employer

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 surpass its earlier record high of 7,592 recorded last week on Friday. Stocks In news are Maruti Suzuki, IDBI Bank, NDMC, Bombay Dyeing, Coal India, Hindustan Zinc, Nectar Life sciences, Divi’s Laboratories, GAIL and Hindustan Motors. 

Today’s Headlines

1) Dynaflex, largest packing material supplier to e-commerce firms, eyes Rs. 78,000 crore packaging industry.
2) Auto firms like M&M, Tata Motors, Maruti, Hyundai, Renault and Nissan to spend Rs 10,000 crore on new models, facelifts.
3) ICICI Bank overtakes HDFC Bank as top private bank employer.
4) Dalmia Continental puts its 2 olive oil brands on sale.
5) China way ahead of India in renewable energy space.

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

Anil Dua quits Hero MotoCorp; to pursue career abroad

The Nifty is likely to open on a positive note and extend overnight gains on the back of positive cue from Asian peers. Rate sensitives will be in focus ahead of the Reserve Bank of India's policy review. According to ET Now poll, the central bank is likely to keep key interest rates unchanged.

Today’s Headlines

1. Anil Dua quits Hero MotoCorp; to pursue career abroad.
2. Better sentiment, new models boost auto sales; Maruti Suzuki, Hyundai, Honda, Toyota and Ford see rise.
3. PE firm SAIF Partners to make 8 new investments across sectors.
4. Blazing heat brings relief to AC, fridge and consumer durable sales.
5. Lakshmi Machine Works eyes new export markets to dodge domestic competition. 

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