The 50-share Nifty index is expected to bounce back and open higher on Thursday tracking positive Asian markets, while investors will keep a close eye on inflation data for the month of May. Stocks in news are Hindustan Unilever, Infosys, MMTC, Wipro, Jet Airways, Apollo Hospitals, Ambuja Cements, Tata Motors and Ranbaxy Laboratories.
Today’s Key Headlines
1- Indian companies’ overseas investment trebles to $ 7.64 bn in April.
2- MNRE to launch mega-sized solar power projects.
3- DoT slaps Rs 100-crore fine on Vodafone India.
4- Telecom panel to meet on July 2 to decide on TCIL divestment.
5- Public sector banks may net higher profit on softening government securities yield in Q1: ICRA.
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