Wednesday, 8 October 2014

Latest News on Stock Market Position

Indian domestic cyclical stocks gain.IMF increased India's GDP growth estimate for FY15 to 5.6 percent from 5.4 percent, while cutting its global growth forecast.

The revised forecast by IMF gives more confidence about the much talked-about cyclical recovery in the domestic economy-Investors.State Bank of India gains 1.2 percent, Larsen & Toubro rises 1.8 percent.Auto maker Mahindra & Mahindra advances 1 percent.

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