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Today's Market Tips:-
- The Indian rupee opened flat at 66.63 per dollar today against Wednesday's closing of 66.64.
- Commodity currencies slumped while the safe-haven yen soared after global oil producers fail to agree on an output freeze, sending oil prices tumbling anew.
- Asian markets were trading weak as oil tumbled after a summit of top oil producers in Doha failed to reach an agreement to freeze production.
- Infosys on Friday, delivered good fourth quarter results after 3 successive beats; dollar revenue was slightly lower. It posted FY17 guidance of 11.5-13.5 percent.
- TCS will declare its Q4 numbers later today. The company is expected to deliver a dollar revenue growth of 1.4 percent. Margin improvement is seen on account of 2.3 percent rupee depreciation. TCS along with another Tata Group company has been slapped a fine of USD 940 million in a trade secret lawsuit by US grand jury, which could weigh on the stock.
Market tips gives recent updates about the market and helps investors to form their trading strategy. Researchers use these tips to analyze market in a better manner and then give their views on stock tips , whether they are beneficial or not.
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ReplyDelete• Capital First to raise Rs340.6 crore via preferential shares.
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SBI sells 3.9% stake in life insurance arm for Rs 1,794 cr
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