Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 23.50 points at the opening bell. Many Asian stocks rose today, 31 December 2014.
Shares of PSU OMCs, airline and auto stocks may edge higher on fall in crude oil prices. PSU OMCs review fuel prices during the middle of the month and on the last day of the month based on the average imported oil price in the preceding fortnight.
With respect to news article titled "NTPC scraps Rs 2000 cr Barh deal with Russia's TPE", NTPC clarified after market hours on Tuesday, 30 December 2014, that in the commercial interest of the company, Board of Directors in its meeting held on 23 December 2014, had decided to terminate the contract of TECHNOPROMEXPORT (TPE), Russia for Main Plant Package, Part -A (Steam Generator and Auxiliaries) for Barh, Stage-I. Accordingly, a "Notice of Default" has been served on TPE on 24 December 2014. The decision has been taken to facilitate completion of work.
Lupin announced after trading hours yesterday, 30 December 2014, that it has received tentative approval for its Darunavir Ethanolate Tablets 75 milligram (mg), 150 mg, 300 mg, 400 mg, 600 mg and 800 mg from the United States Food and Drugs Administration (FDA) to market a generic version of Janssen Products, LP (Janssen) Prezista Tablets 75 mg, 150 mg, 300 mg, 400 mg, 600 mg. Lupin's Darunavir Ethanolate Tablets 75 mg, 150 mg, 300 mg, 400 mg, 600 mg are the AB-rated generic equivalents of Janssen's Prezista tablets. Lupin's Darunavir Tablets are indicated for the treatment of HIV-1 infections. Prezista Tablets had annual US sales of $1.2 billion (IMS MAT September, 2014).
Bank of Baroda (BoB) announced that the United Forum of Bank Unions (UFBU) has decided to go on All India One Day strike on 7 January 2015, 4-day strike from 21 January 2015 to 24 January 2015 and an indefinite Strike from 16 March 2015 onwards demanding immediate withdrawal of IBAs direction to banks to re-visit the Mandate and immediate settlement of wage revision. The bank is taking all the necessary steps in terms of the existing guidelines to deal with the strike in the event the same materializes, BoB said in a statement.
Key benchmark indices eked out tiny gains in a volatile trading session yesterday, 30 December 2014. The S&P BSE Sensex rose 7.81 points or 0.03% to settle at 27,403.54, its highest closing level since 23 December 2014.
Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 277.92 crore yesterday, 30 December 2014, as per provisional data.
Many Asian stocks rose today, 31 December 2014. Key benchmark indices in Singapore, Hong Kong and China rose by 0.02% to 0.88%. Taiwan's Taiwan Weighted index fell 0.08%.
South Korean markets were shut today, 31 December 2014. Japanese markets will remain shut from today, 31 December 2014 to Friday, 2 January 2015 and will reopen on Monday, 5 January 2015.
The HSBC Holdings Plc/Markit Economics China manufacturing purchasing managers' index will be released today, 31 December 2014, followed by the official factory PMI tomorrow, 1 January 2015.
US stocks fell yesterday, 30 December 2014 as investors engaged in profit-taking to pull major indexes from record levels.
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