Free Suggestions on Nifty Future Market Investment

The S&P BSE Sensex surged over 100 points in trade on Tuesday, led by gains in Infosys, L&T, M&M, TCS, Bharti Airtel and RIL.The 50-share Nifty index surged past its crucial psychological level of 8500, supported by gains in IT, auto, capital goods, metal and realty stocks.

The market has opened higher aided by global support. The Sensex is up 100.92 points or 0.4 percent at 27979.19 and the Nifty is up 28.55 points or 0.4 percent at 8505.85. About 402 shares have advanced, 110 shares declined, and 58 shares are unchanged.The Sensex and Nifty are likely to open higher as indicated by the Nifty futures traded on the Singapore Stock Exchange. Nifty futures traded on the Singapore Stock Exchange also known as the SGX Nifty was up 0.24 per cent or 20 points at 8,504.  

Reliance Communications Ltd, India'sfourth-biggest mobile phone carrier, said it had received non-binding bids from a number of interested buyers for the sale of a majority stake in Reliance Infratel, its tower unit.India's Bajaj Finance Ltd. plans to raise funds selling bonds maturing in five years, three merchant bankers told Newsrise on Monday. The non-banking finance company will pay an annual coupon of 8.80 percent on these bonds.

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