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Friday, August 17, 2012

CAG Report~ RPower Shares Dropped~Stock Market Trading Tips For 21 August

Share Market Closing Status Today, CAG Report, Coal Scam, NSE Trading Tips, NSE Nifty, Nifty Trend, Nifty Support Resistance Levels, Best Stocks To Buy/Sell Tomorrow, Tuesday, 21 August
nse intraday tips today
Coal Scam
The Comptroller and Auditor General (CAG) report on allocation of coal blocks, on ultra-mega power projects (UMPP), and GMR-run Delhi International Airport were tabled in the Rajya Sabha today. CAG report states presumptive loss on coal blocks to government stands at Rs 1,860 billion.
On Aviation : CAG has questioned role of the then Civil Aviation minister, Praful Patel for favouring GMR and has said in its report that the company received undue benefits of Rs 3,400 crore.
Economy Report: PMEAC cuts FY13 GDP forecast to 6.7%, fisc deficit at 5.06%. The Indian economy is likely to grow at 6.7% in the current fiscal year.

NIFTY OUTLOOK: The markets lost all the gains of morning trade and closed flat. FMCG, IT, auto and consumer durables were the biggest gainers in today's session while realty, power and metal tried to pull the indices down. The Sensex closed at 17691, up 34 points and the Nifty ended at 5366, up 3 points. The top Nifty performers of today's trade were Tata Motors, HUL, ITC and Infosys while the biggest losers included Jindal Steel, Tata Power, Reliance Infra and DLF.

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