March Closing Bell || Railway stocks

stocks_to_watch_411At the ending week of March, Stock Market gains and trades higher. BSE Sensex was trading at 27750.60rs with above 290 points or a change of 1.07 percent with gains of BHEL, Cipla, Coal India, dr Reddy labs. On the other hand, Cnx Nifty trades at the same level with above 70 points or a change of 0.93 percent at 8418.90 rs including ACC, Ambuja cements, Asian Paints & Axis Bank.

The ministry has been looking forward to Finance Ministry for backing, however the Railways has adequate funds for a minimum of five years, Said Railway Minister Suresh Prabhu. Also for tax free bonds are available to Railways. Prabhu said that he’s even receptive reprehension sovereign funds and personal equity corporation for funding. “The cycle of under-investing in Indian Railways is hopefully behind U.S.A.,” also said that.