GLOBAL MARKETS ROUNDUP
Asian stocks slid on Monday after soft Chinese factory surveys stoked global growth concerns, while the dollar edged back against the safe-haven yen as risk appetite waned.
The global investment bank remains underweight on India in the regional context, with an end-2015 Sensex target of 25,800, which translates into a downside of over 3 per cent from Friday's close of 26,656.83.
LOCAL MARKETS PREVIOUS CLOSE
• BSE index 26,656.83 (down 0.68 pct)
• NSE index 8,065.80 (down 0.57 pct)
• Rupee 65.2650/2750 per dollar (65.29/30)
• 10-year bond yield 7.64 pct (7.63 pct)
• 5-year OIS rate 6.77 pct (6.76 pct)
• 1-year OIS rate 7.04 pct (7.03 pct)
• Call money 7.25/7.30 pct (6.50/6.55 pct)
Reliance Communications Ltd: Anil Ambani-owned Reliance Communications' board will meet Monday for considering merger of Sistema Shyam Teleservices Limited's (SSTL) telecom business into itself, which could well mark the beginning of the first consolidation in the telecom sector since 2009.
Adani Power Ltd: The Company is considering raising funds through issuance of shares on preferential basis to promoters.
MarketMagnify Investment Adviser and Research Pvt Ltd is stock and Research Company. We are gives trading tips about the Indian stock exchanges with extraordinary examination done by our team of analysts. We are giving stock trading tips stock money tips, nifty future tips and intraday tips, free stock tips on mobile, mcx market tips, lots of tips to our customers through different techniques. We have helped part of retail and HNI customer through our warning administrations to satisfy their money related objectives by profit work for them a superior way.
We attempt to take after the pattern and ride it utilizing specialized examination instead of anticipating it. We have faith in consumer loyalty and will dependably fill in according to our client's necessities
GOOD ACCURACY WITH SURESHOT CALLS ON EQUITY ANS COMMODITY MARKET........NO LOSS MORE PROFIT
For 2 Days Free Stock Market Tips, please visit our site at www.marketmagnify.com or please call our 24/7 Customer Care Support us 0731 – 6619100.