INDIAN EQUITY MARKET OUTLOOK-20 DECEMBER
INDIAN BENCHMARKS opened in green a day after closing lower on US Federal Reserve's announcement that it will taper its monetary quantitative easing by 10-billion-a-month and vowed to keep interest rates at historic lows even for a longer duration. Govt allows Coal India Ltd a licence to produce natural gas from coal seams (CBM) in its existing mines.
FURTHER, SBI and HDFC cut home loan rates by up to 0.4 percent for new borrowers, a day after the Reserve Bank kept its key policy rates on hold. The Cabinet allowed Reliance Industries to almost double the price of natural gas from April provided the firm gave a bank guarantee to cover its liability if gas-hoarding charges are proved.
Trend in FII flows: The FIIs were net buyers of Rs.2264cr in the cash segment on Thursday while the domestic institutional investors (DIIs) were net sellers of Rs. 41cr, as per the provisional figures released by the NSE.
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INDIAN BENCHMARKS opened in green a day after closing lower on US Federal Reserve's announcement that it will taper its monetary quantitative easing by 10-billion-a-month and vowed to keep interest rates at historic lows even for a longer duration. Govt allows Coal India Ltd a licence to produce natural gas from coal seams (CBM) in its existing mines.
FURTHER, SBI and HDFC cut home loan rates by up to 0.4 percent for new borrowers, a day after the Reserve Bank kept its key policy rates on hold. The Cabinet allowed Reliance Industries to almost double the price of natural gas from April provided the firm gave a bank guarantee to cover its liability if gas-hoarding charges are proved.
Trend in FII flows: The FIIs were net buyers of Rs.2264cr in the cash segment on Thursday while the domestic institutional investors (DIIs) were net sellers of Rs. 41cr, as per the provisional figures released by the NSE.
Equity tips stock cash calls agri commodity agri commodity tips
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