NEW DELHI: Domestic market is likely to see a negative opening on Tuesday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and global cues. Nifty futures on the Singapore Stock Exchange were trading 29 points, or 0.29 per cent, lower at 10,086, indicating a negative start for the Nifty50 on Dalal Street. Indian carriers flew 10.7 million passengers in the past month, up from 8.6 million in February 2017, as per the DGCA.The government has kicked off the process of selling its entire stake in Scooters India , marking the beginning of strategic sale of loss-making and non-core public sector entities that also has Air India on the list. The Department of Heavy Industries has invited global expressions of interest (EoIs) for strategic divestment of entire 93.74 per cent government stake in the company.CLSA has upgraded Ramco Cements to ‘buy’ from ‘sell’ and raised target price to Rs 930 from Rs 700. The outlook is improving as channel checks indicate demand pick-up in Tamil Nadu, a key state for Ramco.

Source: Economic Times March 20, 2018 02:58 UTC