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10 Dec 2016 | 12:56 PM
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Equity Research Report: Religare Morning Digest

Traders are advised to maintain caution ahead of RBI Monetary Policy scheduled on 30th Sep,2014.
30 Sep 2014 | 07:00 AM

Corporate News: 

Bank of Baroda board of directors has given its nod to split the face value of shares from Rs. 10 into five shares of Rs. 2 each, subject to all approvals.

Mahindra & Mahindra launched a new 110-cc scooter 'Gusto' priced Rs 43,000 onwards (ex-showroom  Delhi). 

NTPC Ltd has concluded a term loan facility of $250 million arranged by Mizuho Bank’s Singapore branch.  The loan carries a floating rate of interest linked to LIBOR and has maturity of seven years, the company said in a statement.

Tata Power Co Ltd's defence engineering unit, Tata Power SED, has signed an agreement with Honeywell International to produce the U.S. company's "TALIN" navigator in India.


Market Roundup 

After witnessing volatility at the onset of the trading session and during late trade, key benchmark indices registered small losses at close. Among the sectoral indices on BSE, Bankex lost 0.91%. The BSE Metal index lost 1.11% and the BSE FMCG index shed 0.92%. Among the gainers, the BSE Healthcare index jumped 2.21%, the BSE IT index rose 1.84% and the BSE Consumer Durables index rose 1.79%. A major near term event is a monetary policy review from the Reserve Bank of India on 30 September 2014. Meanwhile, Prime Minister Narendra Modi will hold talks with US President Barack Obama at the White House also on 30 September 2014.

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