Thursday, 13 August 2015

Free Stock and Nifty Future Tips on Mobile

The S&P Sensex surged over 250 points in trade on Thursday, led by gains in ICICI Bank, HDFC Bank, Bharti Airtel, RIL and State Bank of IndiaBSE 2.09 %. The 50-share Nifty index also managed to reclaim its crucial psychological level of 8400, supported by gains in capital goods, consumer durables, banks, autos and Pharma stocks. +


India's Power Finance Corp plans to raise funds through an issue of bonds maturing in three years, three merchant bankers told NewsRise on Wednesday. The state-run company is likely to invite coupon bids from merchant bankers on Thursday.


 India's Sundaram Finance Ltd plans to raise funds through issue of bonds maturing in two years, three merchant bankers told NewsRise on Wednesday. The company will pay an annual coupon of 8.74 percent on these notesThe devaluation of yuan on the back of weak exports from China has resulted in unwinding of yuan carry trades in particular against the euro. Asian currencies have come under pressure due to yuan depreciation.


Traders and investors resorted to buying after four days of selloff as the retail inflation cooled down to 3.78 per cent compared to 5.40 per cent in June reigniting hopes of interest rate cut by RBI in the September policy review.


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