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Tuesday, October 25, 2011

Info for Better Trades


Commodity:

Crude Oil rose as investors bet that signals of economic growth indicate that fuel demand will increase

Stock in news:

InfrasoftTech to buy diversified financial services unit of KPIT Cummins
PowerGrid plans to go global
RBI signals stance shift, warns of growth risks
Hind Zinc trying to extract metal from mining ‘residue'

Global Cues:

The European shares ended a choppy day higher on Monday (October 24, 2011), FTSE up by 1.08%, CAC jumped by 1.55% and DAX rose by 1.41%.

The US Stocks rose on Monday, DOW JONES up by 0.89% and NASDAQ increased by 1.29%.

The Asian indices were trading mostly higher on Tuesday (October 25, 2011), Nikkei declined by 0.34% and HANG SENG gained by 0.48%.

Events Today

RBI's monetary policy
F&O Expiry for October

Result announcement:

Alstom Projects India, Dr.Reddy's Laboratories, Engineers India, Kotak Mahindra Bank, NTPC, Oracle Financial Services Software, Sesa Goa.