RIL hits overseas debt markets again, launches over $500-mn issue

	Dated:28 January,2013

Top Headlines Sensex ends flat ahead of RBI policy meet

The wide-based National Stock Exchange index Nifty ended up 0.15 point to 6,074.80, after moving between 6088.40 and 6061.40.

RIL hits overseas debt markets again, launches over $500-mn issue

RIL which is sitting on over Rs 75,000 cr in surplus cash, today launched an issue of bonds in HK and S'pore markets to raise a minimum $500 mn.

Four event risks to India into the summer: Bank of America Merrill Lynch

While the bank acknowledged that the fears of a sovereign downgrade are real, it does not expect a rating cut to actually happen.


Views on Stocks/Markets

• Good time to enter markets if RBI disappoints investors: Analysts

• Idea shares to outperform market in next 15 days: Morgan Stanley

• ONGC, OIL stocks may see re-rating on gas price hike

IPO/Global Markets Nikkei falls after piercing 11,000

• China shares have best day in 2 wks

• Seoul pulls Asian shares down

Rupee / Gold

• Re posts biggest fall in 3 weeks

• Gold down on sluggish demand

• Gold importers put off purchases

More 'Market' News

• Indian equities are at an early stage of a bull market: Ramesh Damani, BSE

India has lust for gold and real estate, and in the next few years it will lust for equities, says Ramesh Damani.

• Expect market to touch new high before or around budget: Edelweiss

Foreign investors who have been waiting would probably again come in and invest money, says Vikas Khemani, Edelweiss securities.

• Maruti Suzuki hits fresh record high on brokerage upgrades

Maruti Suzuki surged over 2% in early trade on Monday after most brokerages upgraded the stock and raised its target prices by 10-30%.

Market Round-up SENSEX 20103.35 -.18 NIFTY 6074.80 .15 S&P500 1,402.22 .87 NASDAQ 3,011.25 -4.61 USD/INR 53.9491 -.00 NSE Gainers Scrip Price(Rs.) %Change LGB Forge Ltd. 2.55 + 18.60 Ind-Swift Laboratories Lt 56.25 + 17.55 Sandesh Ltd. 374.70 + 13.82 Nitin Fire Protection Ind 76.25 + 12.38 Ind Swift Ltd. 14.55 + 12.36 NSE Losers Scrip Price(Rs.) %Change Rai Saheb Rekhchand Mohot 81.95 -51.65 20 Microns Ltd. 71.75 -47.38 STL Global Ltd. 2.70 -20.59 Shasun Pharmaceuticals Lt 93.05 -12.38 Jumbo Bags Ltd. 8.70 -9.38