On the economic front, market participants will be watching Markit’s Manufacturing PMI and Services PMI data on January 4 and 6, respectively. The national equity benchmarks BSE Sensex and Nifty 50 are likely to open in positive territory on Monday, as suggested by the SGX Nifty trends in early trading. …
Read More »RIL President Mukesh Ambani, off the list of the 10 richest billionaires in the world; see full list here
So far this year, Mukesh Ambani’s Reliance Industries has completed the sale of approximately 10 percent stake in its Reliance Retail Ventures Ltd retail unit. Reliance Industries Ltd (RIL) Chairman Mukesh Ambani is no longer among the 10 richest billionaires in the world. According to the Bloomberg Billionaires Index, Mukesh …
Read More »Actions in focus: Reliance Industries, TCS, Info Edge, BPCL, Axis Bank, Larsen & Toubro, Majesco
According to one analyst, the short-term trend of the Nifty 50 index continues within the range with positive bias and a similar type of movement is expected in the next session. Nifty futures were trading 27.50 points up at 13,771.50 or the Singapore Stock Exchange, suggesting a positive open for …
Read More »Actions in focus: RIL, Bharti Airtel, Vodafone Idea, TCS, Kotak Mahindra Bank, Burger King, NMDC
Investors would react to inflation data from India on Tuesday and follow the US Fed’s policy meeting due Thursday. Nifty futures were trading 60 points lower at 13,531 on the Singapore Stock Exchange, suggesting a negative open for BSE Sensex and Nifty 50 on Tuesday. Asian stock markets were also …
Read More »Mukesh Ambani Says India Will Prove Cynics Wrong, Turn Into A $ 5 Trillion Economy
Mukesh Ambani said that India has developed world-class strengths in chip design. Reliance Industries Ltd (RIL) President Mukesh Ambani said that the Indian economy will soon recover and grow with unprecedented acceleration. Mukesh Ambani said at an event that India will prove the cynics wrong by becoming a $ 5 …
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