25th July Morning Market Updates

25th July Morning Market Updates 8:40
Stock in news

Results Today: RIL, Sterlite Industries, NTPC, REC, Patni Computers, Dhanlaxmi bank, OBC, Bank of India, GI Engineering, Graphite India, HSIL, Welspun Projects, Jindal Cotex, Deep Industries, Geometric, IndBank Merchant Banking, Peninsula Land, Zee News, SE Investments, Chemplast Sanmar, Energy Development Co, Easun Reyrolle, Heidelberg Cement, Jyoti Structures, Balaji Amines, Coromondal Engineering, Visaka Ind, Supreme Ind, Edelweiss Capital

Bharti Airtel may bid for Zimbabwe Telco-Bharti may look at stake in NetOne
-NetOne is Zimbabwe's 3rd largest network
-NetOne has offered to sell 60% 
-MTN may also bid for NetOne stake

FDI in RETAIL -Committee of Secretaries (CoS) okays FDI in retail
-Committee of Secys recommends 51% FDR in Retail

Kishore Biyani says-CoS decision brings us closer towards FDI clearance
-We are meeting many US retailers
-Proposal for investment of USD 100 million in back-end is fair
-Looking at partnerships in electronic biz

FIIs net sell USD 38.69 million in the cash market on July 21

MFs net buy Rs 206.20 crore in the cash market on July 21

NSE F&O Open Int was up by Rs 1344.77 cr at Rs 1.45 lakh cr

Results Today: RIL, Sterlite, NTPC, REC, Patni, OBC, Bank of India, Edelweiss

As per provisional data of July 22, FIIs were net buyers of Rs 444.91 cr in the cash market. FIIs were net buyers of Rs 2496.54 cr in the F&O market. DIIs were net buyers of Rs 243.05 cr in the cash market.