FII  Neelkanth Mishra of Credit Suisse says

 India is the fifth-best performing market in 2017 (so far) globally. In the first five weeks of 2017, Indian equities have outperformed global equities by 10 percent, nearly reversing the under performance in November-December 2016. This has mostly been driven by relative P/E jumping from a near 10-year low of negative 1 percent to positive 5 percent now, he feels. Mishra remains constructive on narrower indices, given their significant global exposure and past positive correlation with commodity prices. He will look through distortions induced by strong flows in a market with disoriented expectations, and continue to prefer businesses with non-India exposure. 9:31 am Stake sale: ITC shares gained 5 percent after government confirmed that it sold 2 percent shareholding in the company via block deals. It is a part of FY17 divestment target of Rs 45,500 crore that has been revised recently from Rs 56,500 crore earlier

The government, which held 11.12 percent stake (as of December 2016), is likely to get around Rs 6,700 crore through stake sale. 9:15 am Market Check The market opened moderately lower on Tuesday as investors awaited monetary policy committee decision due tomorrow. The 30-share BSE Sensex was down 11.54 points at 28427.74 and the 50-share NSE Nifty fell 8.35 points to 8792.70. BHEL, ITC, Sun Pharma, Wipro, GAIL, Aurobindo Pharma and IndusInd Bank were early gainers while Dr Reddy's Labs, ICICI Bank, Bharti Airtel, Axis Bank, ONGC, ACC and Eicher Motors were under pressure. The Indian rupee has started off the day on a weak note with all eyes on RBI policy tomorrow. The currency opened at 67. 29 per dollar, a loss of 8 paise against yesterday's closing of 67.21 per dollar. Bhaskar Panda of HDFC Bank says the dollar index has been trading in and around 100 pivot and apart from this fundamental factor, the rupee has been gaining due to positive impact of the Budget.  According to him, the USD-INR pair is expected to trade in a range of Rs 67.10-67.30 for today. Panda says the market is evenly divided on the expectations of rate cut in the policy tomorrow. Asian markets were negative following the sluggishness in global equities amid risk-off sentiment.

Read more for HNI Stock Tips - http://bit.ly/ace_services