Outlook: - Nifty gains for 4-consecutive day stretching above 7,700 mark. - Globally markets are trading at multi-year highs, buoyed by a spate of favorable macro data and expectations that US may keep rates lower for a longer time. - Native markets would continue to rejoice as Crude near $111 and INR below 60 would boost up sentiments. - We believe Financials along-with names like L&T, ACC and Tata Motors could be looked at, even at the elevated levels. News: - As per media reports, Govt is looking at opening up coal mining to international competition with a proposal to price domestic output on a par with imports. - UNSP IN: Diageo Plc, vide its open-offer has acquired additional 26% stake in United Spirits, taking its total share in India’s largest liquor maker to nearly 55%. - LT IN: Cos construction division has bagged new orders worth Rs 20bn across various business segments during June. - RCOM IN: Co has initiated process to monetise its real estate assets across country, aiming to raise Rs 50bn. bit.ly/1qSeqiy
Posted on: Thu, 03 Jul 2014 04:28:26 +0000
Trending Topics
Recently Viewed Topics
© 2015