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Market trades flat. FDI hope in Railway and Defense

Market goes flat with Railway and Defense stocks roar on FDI hope. Sensex dives by 20 points with 10 declines and 20 advances. Nifty loses 6 points with 20 declines and 30 advances.

Steel king Jindal Steel and Amara Raja gains more than 3%. HPCL and Bharat Electricals gains more than 2% on the current trading session. CNX PSE and CNX Infra are in green region with 0.5% gain.

CBI enquiry pushes Bhusan steel to touch the lower limit with 20% loss. Bharathi Infratel loses 6% on offer for sale by the promoters. UPL and Dish TV loses more than 2%.  CNX IT is the only index which is in red region with 1.6% loss.

Infosys tops the turnover table in BSE and NSE. Aurobindo pharma, Bombay dyeing, India cements, Nestle India, Oracle fin and Fortis Healthcare are the few companies coming up with quarterly results today.

News Corner

Cabinet approves FDI limit in Defense and opens gate for 100% FDI in Railway

Jindal results beats the analyst estimate

RBI tightens NPA norms for sale


 

 

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