The 50-share Nifty index is expected to open flat-to-higher on Wednesday following muted trend seen in other Asian markets and SGX Nifty. Tracking the momentum, the index is expected to retest its crucial psychological support level of 7,250 in trade today. Stocks in news are IOC, BPCL, HPCL, Reliance Ind, ONGC, Ballarpur Ind, SpiceJet, Essar Oil, MRPL and Punj Lloyd.
Today’s Headlines
1) Wipro’s Azim Premji, Kurien get hefty raises even as company lags industry.
2) Suzuki aims 15 per cent market share in scooter segment this year.
3) HDFC Bank and United Bank of India plan to tap the equity markets to raise funds.
4) Power ministry Asks Arunachal Pradesh to scrap hydro projects in limbo.
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf
Today’s Headlines
1) Wipro’s Azim Premji, Kurien get hefty raises even as company lags industry.
2) Suzuki aims 15 per cent market share in scooter segment this year.
3) HDFC Bank and United Bank of India plan to tap the equity markets to raise funds.
4) Power ministry Asks Arunachal Pradesh to scrap hydro projects in limbo.
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf