Nirmal Bang Securities Pvt. Ltd. - Daily Report 170909

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Nippon Steel Corp., the world’s No. 2 producer of the alloy, rallied 4.4
percent after saying it will reopen a furnace. Nissan Motor Co., which
gets 34 percent of its revenue in North America, jumped 3 percent
after U.S. industrial production increased more than forecast.
Bank of Japan policy makers will probably hold the benchmark
interest rate near zero today and maintain emergency lending
programs as it seeks to strengthen the economy’s recovery. Governor
Masaaki Shirakawa and his colleagues will keep the overnight lending
rate at 0.1 percent, according to all 23 economists surveyed by
Bloomberg News.

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