The 50-share Nifty index is expected to open flat-to-higher on Monday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to reclaim its crucial psychological level of 6,350 in trade today. Stocks in news are IDBI Bank, SBIN, United Spirtis, Reliance Industries, NTPC, Sesa Sterlite, Power Grid, ONGC, Idea Cellular and Canara Bank.
Today’s Headlines
1) Kotak Bank says seeing fall in home loan book growth.
2) National Housing Bank to request government for Rs 5,000 crore tax-free bonds next fiscal.
3) Worst fuel oil loss since 2011 seen easing on import cut.
4) Reliance Retail to turn hypermarkets into wholesale stores, to court kirana shops.
Read detail analysis report here: - http://rahulrrfcl.livejournal.com/16992.html
Today’s Headlines
1) Kotak Bank says seeing fall in home loan book growth.
2) National Housing Bank to request government for Rs 5,000 crore tax-free bonds next fiscal.
3) Worst fuel oil loss since 2011 seen easing on import cut.
4) Reliance Retail to turn hypermarkets into wholesale stores, to court kirana shops.
Read detail analysis report here: - http://rahulrrfcl.livejournal.com/16992.html