The 50-share Nifty index is expected to open lower on Wednesday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial level of 6,300 in trade today. Stocks in news are Power Grid, Coal India, Tech Mahindra, Reliance Industries, ONGC, United Breweries, Bharti Airtel, NTPC, Motilal Oswal Financial Services and HCL Info systems.
Today’s Headlines
1) Audit reports of banks signed by deceased accountants: Regulators to discuss the problem at FSDC meeting.
2) Foreign banks seek clarity on parent guarantee rules, restriction on dividend payments.
3) RIL sold LPG at plants, orders flouted: Oil Ministry.
4) Reliance Jio, Bharti Airtel ink unprecedented pact for sharing telecom infrastructure.
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf
Today’s Headlines
1) Audit reports of banks signed by deceased accountants: Regulators to discuss the problem at FSDC meeting.
2) Foreign banks seek clarity on parent guarantee rules, restriction on dividend payments.
3) RIL sold LPG at plants, orders flouted: Oil Ministry.
4) Reliance Jio, Bharti Airtel ink unprecedented pact for sharing telecom infrastructure.
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf