The central bank has warned that banks’ bad loans will
worsen if economy falters further. Sentiments also got hurt on reports that,
foreign portfolio investors (FPIs) sold shares worth a net Rs 204.22 crore on
December 29, 2014, as per provisional data. Weak global cues too dampened the
sentiments with European markets making a negative start, Asian markets too
ended mostly in the red. Back home, appreciation in Indian rupee supported the
sentiments. Meanwhile, Infrastructure stocks extended their jubilation for
second straight day after the Cabinet approved ordinance on amendments to Land
Acquisition Act. Additionally, public sector oil marketing companies (OMCs)
edged higher as Brent oil extended losses into a fourth session, with prices
hovering close to a more than five-year low above $57 per barrel, as persistent
worries about a global supply glut offset concerns about output disruptions in
Libya. Finally, the BSE Sensex gained 7.81 points or 0.03%, to 27403.54, while the
CNX Nifty added 1.95 points or 0.02% to 8,248.25. FOR MORE DETAILS CONTACT 8122363668 VISIT
@ www.jackpotfutures.com
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