Tuesday, 28 July 2015

Free Nifty Tips Investment Services on Mobile

The S&P BSE Sensex was trading flat after surging over 100 points in trade on Tuesday, led by gains in ICICI Bank, Infosys, RIL, L&T and Bharti Airtel. 

The 50-share Nifty index managed to hold onto its crucial psychological level of 8350 despite muted trend seen in other Asian markets. tIndia cbank says repo bids fall to 20.11 bln
rupees.Indian banks' refinancing with RBI unchanged at 27.03 bln rupees.India cbank says banks' cash balances fall to 3.60 trln rupees 

Housing Development Finance Corporation 's (HDFC) first quarter profit is seen rising 4.5 percent year-on-year to Rs 1,406 crore, according to the average of estimates of analysts polled by CNBC-TV18. The housing finance company will announce its earnings on July 28. The profitability is likely to be impacted due to lower other income. Other income (non-interest income) is expected to fall over 50 percent year-on-year due to deferment of dividend from HDFC Bank to Q2. Other income in Q1FY15 grew by 40 percent Y-o-Y to Rs 482.2 crore.

The Sensex and Nifty opened on a flat note tracking subdued global cues. The Sensex advanced 48 points to 27,609 and the Nifty jumped 18 points to 8,379.

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