Equity Market Outlook – RR Equity Brokers

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The  50-share  Nifty  index  is  expected  to  open  lower  on Monday  tracking  weak  Asian  markets,  while  investors  will keep  a  close  eye  on  Infosys  after  the  board  appointed  N  R Narayana Murthy  as its executive chairman. Stocks in news are  IOC,  BPCL,  HPCL,  Ashok  Leyland,  Tata  Motors,  Maruti Suzuki  Sun  Pharma,  Tulip  Telecom,  Coal  India  and  Gold Finance Companies.

Today’s Key Headlines

  • RCOM to shift 5,500 call centre staff to third-party business process outsourcing companies.
  • HSBC to send records to Swiss account-holders, process to take 3-6 months.
  • Electrolux scouts for partner to enter India’s television and audio products market.
  • Pantaloons to invest Rs 175 crore on store expansion in 12 months.

Equity Shares

RR Financial Consultants‘s insight:

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