Key benchmark indices extended decline in morning trade albeit amid intense volatility. The barometer index, the S&P BSE Sensex was
currently off 27.55 points or 0.1% at 28,823.42. The market breadth
indicating the overall health of the market turned negative from
positive.
As a measure to incentivise long term investors, the Reserve Bank of India (RBI) yesterday, 5 February 2015, allowed foreign portfolio investors (FPIs) to invest in government securities the coupons received on their existing investments in government securities.
Shares of firms engaged in oil exploration & production (E&P) advanced along with crude oil prices. Tata Communications advanced after the company said that it has won a multi-year contract with the KION Group, the second largest global manufacturer of forklift trucks and warehouse technology. PTC India tumbled after poor Q3 earnings.
Read more at Click here / www.trade4x.net
As a measure to incentivise long term investors, the Reserve Bank of India (RBI) yesterday, 5 February 2015, allowed foreign portfolio investors (FPIs) to invest in government securities the coupons received on their existing investments in government securities.
Shares of firms engaged in oil exploration & production (E&P) advanced along with crude oil prices. Tata Communications advanced after the company said that it has won a multi-year contract with the KION Group, the second largest global manufacturer of forklift trucks and warehouse technology. PTC India tumbled after poor Q3 earnings.
Read more at Click here / www.trade4x.net
No comments:
Post a Comment