Nifty index is expected to open lower – RR Equity Brokers

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The 50-share Nifty index is expected to open lower on Thursday tracking Asian markets, which fell on worries after US Federal Reserve Chairman Ben Bernanke said that the Fed would begin tapering off its stimulus by year-end as the economy improved. Stocks in news are Reliance Indu, Bharti Airtel, Ranbaxy Lab, Tata Steel, Wipro, Sintex Indu, RPG Life Sciences, Neyveli Lignite, Glenmark Pharmaceuticals and NHPC.

Today’s Key Headlines

1- FM P Chidambaram likely to nudge PSBs to lower lending rates.

2- Govt needs Rs 13,645 crore to meet rural broadband target.

3- Cabinet to decide on Neyveli Lignite stake sale tomorrow.

4- Government may start Telecom Finance body with Rs 1,000 cr fund.

5- Licences of 20 Multi System Operators cancelled.

RR Financial Consultants‘s insight:
For detail analysis report please visit: – http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf

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