According to an SBI Research report, December quarter GDP growth number is likely to be in the 6.5-7 per cent range and may expand further in following three months. The Nikkei India Manufacturing Purchasing Managers’ Index (PMI) fell from December’s 5-year high of 54.7 to 52.4 in January. The company on Saturday garnered over Rs 138 crore from anchor investors. “The market may get a positive start and it is likely to continue with the upmove that it saw on Friday. The TV channel said JSW Steel is all set to buy debt-ridden Monnet Ispat for Rs 3,750 crore.

Source: Economic Times February 25, 2018 04:07 UTC