The 50-share Nifty index is expected to open in red on Tuesday following weak Asian markets.
Asian shares slipped and the dollar firmed on Tuesday as an unexpectedly strong U.S. factory activity gauge bolstered expectations the Federal Reserve will soon reduce its massive stimulus, while the yen tumbled on speculation of further central bank easing.
Today’s Headlines
1) Banks park surplus funds in mutual funds, government securities.
2) SBI Plans to raise Rs 11,575 crore via preferential issue, FPO.
3) Punjab to modernize milk plants at a cost of Rs 80 crore.
4) Chennai port plans multi-cargo terminal, report on restructuring in a month.
Read detail analysis report here:- http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf
Asian shares slipped and the dollar firmed on Tuesday as an unexpectedly strong U.S. factory activity gauge bolstered expectations the Federal Reserve will soon reduce its massive stimulus, while the yen tumbled on speculation of further central bank easing.
Today’s Headlines
1) Banks park surplus funds in mutual funds, government securities.
2) SBI Plans to raise Rs 11,575 crore via preferential issue, FPO.
3) Punjab to modernize milk plants at a cost of Rs 80 crore.
4) Chennai port plans multi-cargo terminal, report on restructuring in a month.
Read detail analysis report here:- http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf