The 50-share Nifty index is expected to open flat on Tuesday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to open lower but should be able to recoup losses and head higher. Stocks in news are Reliance Ind, Jet Airways, IOC, Ipca Lab, Hindustan Motors, NHPC, Power Grid, ICICI Bank, Infosys and NTPC.
Today’s Headlines
1) RBI extends Rs 5000 crore loan to Sidbi for lending to micro & small enterprises.
2) Dena Bank scales down credit growth target to 16%.
3) Power gear companies raise alarm over surging Chinese imports.
4) Air India to dry lease eight 72-seater ATR aircraft to Alliance Air.
Read detail analysis report: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf
Today’s Headlines
1) RBI extends Rs 5000 crore loan to Sidbi for lending to micro & small enterprises.
2) Dena Bank scales down credit growth target to 16%.
3) Power gear companies raise alarm over surging Chinese imports.
4) Air India to dry lease eight 72-seater ATR aircraft to Alliance Air.
Read detail analysis report: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf