Equity Market Outlook – RR Equity Brokers

See on Scoop.itShare Brokers in India

The 50-share Nifty index is expected to open lower on Wednesday tracking mixed Asian markets. Tracking the momentum, the index may test its crucial support level of 5900 in trade today as short term trend still remains bearish. Stocks in news are Wipro, DLF, Bharti Airtel, Sun Pharmaceutical, Piramal Enterprises, Lanco Infratech, Real Estate, Hindalco and Bata India.

Today’s Key Headlines

1- Daiwa Mutual Fund calls it quits, to sell assets to SBI Mutual Fund.
2- Private sector banks outperform PSBs due to better risk management.
3- Essar Ports, Adani Ports vie for eastern coast projects.
4- FDI in retail: Is it respite time for Bharti Walmart as Govt reviews 25% restriction clause.

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