CP Indian Market Update

The Indian markets managed to extend their gaining streak in the last session, though the gains were modest and the trade too remained choppy. Today, the start is likely to be steady and traders will look for strong cues to extend their bets. Meanwhile, the Prime Minister’s Office (PMO) has asked the Planning Commission to formulate a draft Bill on Dispute Resolution in Public Contracts in consultation with all stakeholders and Ministries. As the government aims to get 50 percent of its $1 trillion investment target for infrastructure sector from private companies. There will be some buzz in the export oriented stocks, as the External Affairs Ministry has said that it will draw a roadmap for Indian Missions abroad to push export promotion activities and help the country to arrest export slowdown. At the same time there will be reaction in pharma sector after the government issued the long-pending drug price control order, paving the way for the implementation of national pharmaceutical pricing policy, which will lead to a reduction of an average 20-25% in medicine prices.

Also, there will be some important result announcements too, to keep the markets buzzing. Balaji Tele, ITC, Motherson Sumi, NIIT Tech, Sun TV Network are among the many to announce their numbers today.

Capital Paramount is technical research based advisory firm, we offer mcx tips, ncdex tips, commodity tips, stock tips, agri tips ,equity tips, intraday tips, mcx-ncdex tips, forex tips, comex tips  with proper risk reward ratio. We provides all financial services under one roof with 95% accuracy. Get 2 days free trial on Share tips, nifty tips, Cash market tips, futures tips, option tips, intraday stock tips with upto 95% accuracy. http://www.capitalparamount.com