India’s trade deficit data is expected today. US indices closed higher with the Dow adding 0.78% and S&P gaining 0.4%. Nasdaq notched up 0.31%.
Shallow worries about US rate hike fears make take a backseat today as indices will look at regaining some of the their lost ground. The Nifty’s 9,100 plus peak last week may take a while to re-conquer but investors will do well to scout for individual stocks rather than take position in Nifty or BankNifty. In fact, the BankNifty has been subdued after the surprise rate cut.
The outlook is a flat start. India’s trade deficit data is expected today. US indices closed higher with the Dow adding 0.78% and S&P gaining 0.4%. Nasdaq notched up 0.31%. Asian markets are awaiting Chinese data but Nikkei has clocked gains of half a percent. Hong Kong's Hang Seng index is flat while China's Shanghai index is lower.
With telecom companies raising their bids for airways raking in Rs 94,000 crore on Monday, attention will be on these companies. Time Technoplast Ltd could gain after RBI permitted foreign investors to invest up to 49 per cent of the paid-up capital of the company.
Parliament was in pandemonium once again on the issue of the decision by the PDP-BJP government in J&K to free from prison hardline separatist Masarat Alam. The Opposition was in the attack mode, after the Parliament was in session following the Holi break. "People like these can't be released without the government's support. Mufti Mohammad Sayeed must have consulted the Prime Minister as well," alleged the Congress' Mallikarjun Kharge in the Lok Sabha.
Ranbaxy Laboratories Ltd has announced that the High Court of Punjab & Haryana has orally pronounced the Order on March 09, 2015, approving the Scheme of Arrangement involving merger of Ranbaxy Laboratories Ltd. with Sun Pharmaceutical Industries Ltd
Shallow worries about US rate hike fears make take a backseat today as indices will look at regaining some of the their lost ground. The Nifty’s 9,100 plus peak last week may take a while to re-conquer but investors will do well to scout for individual stocks rather than take position in Nifty or BankNifty. In fact, the BankNifty has been subdued after the surprise rate cut.
The outlook is a flat start. India’s trade deficit data is expected today. US indices closed higher with the Dow adding 0.78% and S&P gaining 0.4%. Nasdaq notched up 0.31%. Asian markets are awaiting Chinese data but Nikkei has clocked gains of half a percent. Hong Kong's Hang Seng index is flat while China's Shanghai index is lower.
With telecom companies raising their bids for airways raking in Rs 94,000 crore on Monday, attention will be on these companies. Time Technoplast Ltd could gain after RBI permitted foreign investors to invest up to 49 per cent of the paid-up capital of the company.
Parliament was in pandemonium once again on the issue of the decision by the PDP-BJP government in J&K to free from prison hardline separatist Masarat Alam. The Opposition was in the attack mode, after the Parliament was in session following the Holi break. "People like these can't be released without the government's support. Mufti Mohammad Sayeed must have consulted the Prime Minister as well," alleged the Congress' Mallikarjun Kharge in the Lok Sabha.
Ranbaxy Laboratories Ltd has announced that the High Court of Punjab & Haryana has orally pronounced the Order on March 09, 2015, approving the Scheme of Arrangement involving merger of Ranbaxy Laboratories Ltd. with Sun Pharmaceutical Industries Ltd
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