Market Outlook: - Nifty shrugged off global cues and rose to record levels by the closing bell, helped in good measure by PSU banks and Auto pack. - Early Asia trades on expectations that Japan may put-off tax increase and instead add stimulus to move out of unexpected recession. - Locally too markets would open with strength, though profit booking could further cap upside. News: - SUNP IN: Co is voluntarily recalling 68,194 bottles of Venlafaxine Hydrochloride Extended-Release tablets, used to treat major depressive disorder, in US market. - AL IN: bagged 2-integrated transport projects in Tanzania and Zimbabwe worth a total of $79.2mn bit.ly/18NovOutlook
Posted on: Tue, 18 Nov 2014 03:35:32 +0000
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