Stock Market Trading Strategies and Investment Plans


Posted July 17, 2015 by vivekhello4

The Indian rupee has opened flat at 63.51 per dollar on Friday against 63.51 Thursday.

 
GLOBAL MARKETS ROUNDUP
Asian stocks nudged up on Friday, helped by a rise in Chinese shares, while the dollar extended gains versus the euro and yen as economic indicators bolstered expectations for a U.S. rate hike by year-end.

Most Asian markets were trading with a positive bias, tracking overnight gains in the US market. China's mainland index Shanghai Composite was quoting 1.5 per cent higher. Tracking the momentum, Hong Kong's Hang Seng was up 1 per cent. Japan's Nikkei inched up 0.15 per cent, while Korea's Kospi was down half a per cent.

LOCAL MARKETS PREVIOUS CLOSE
• BSE index 28,446.12 (up 0.88 pct)
• NSE index 8,608.05 (up 0.99 pct)
• Rupee 63.5050/5150 per dollar (63.41/42)
• 10-year bond yield 7.84 pct (7.84 pct)
• 5-year OIS rate 7.19 pct (7.20 pct)
• 1-year OIS rate 7.47 pct (7.48 pct)
• Call money 7.10/7.15 pct (7.15/7.20 pct)

Tata Motors Ltd: Auto major Tata MotorsBSE -0.63 % has proposed to raise Rs 4,400 crore from Non-Convertible Debentures (NCDs) during the current fiscal to meet its expansion plan. In a separate report, the automaker reported growth of 1.29 per cent in global sales, including Jaguar Land Rover, at 76,602 units in June.

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Last Updated July 17, 2015