Thursday 28 November 2013

Banks raising overseas capital for tier-I part under Basel-III !

The 50-share Nifty index is expected to open higher on Friday following mixed trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological level of 6,100 in trade today ahead of crucial GDP data. Stocks in news are Heidelberg Cements, Idea, BHEL, L&T, Nevyeli Lignite Corporation, Arvind, TCS, United Bank of India, Wipro and Sugar Stocks.

Today’s Headlines

1) RBI begins probe into UBI over mounting bad debts.
2) IKEA looks to scale up furniture sourcing from India.
3) Kristal Spirits eyes 10% share in Indian premium vodka market.
4) Telcos migrating to IP backbone on rising data usage: NSN chief.
5) Banks raising overseas capital for tier-I part under Basel-III.

Read detail analysis report here: - http://www.quora.com/Rahul-Prasad-12/Posts/Banks-raising-overseas-capital-for-tier-I-part-under-Basel-III

Market Wrap-Up: Asian and European stocks rose after US employment!

High volatility was witnessed as key benchmark indices regained strength soon after trimming intraday gains in mid-afternoon trade. The market was volatile as traders rolled over positions in the futures & options (F&O) segment from the near month November 2013 series to December 2013 series. The market breadth, indicating the overall health of the market, was positive. Gains in Asian and European stocks underpinned sentiment on the domestic bourses. Asian and European stocks rose after US employment and consumer confidence reports boosted optimism in the world's largest economy. The BSE Sensex closed at 6091.85 and 34.75 point up.

Who Moved and Why

1) Gujarat NRE Coke spurts after multiple block deals.
2) Bank of Baroda turns volatile as board to consider preferential share allotment.
3) Dr Reddy's Labs gains on likely boost in Toprol sales.
4) Nestle India drops as overseas parent says no plan to hike stake.
5) Godrej Consumer Products surges after block deals.
6) M&M gains ahead of press conference.
7) Edelweiss Financial gains over 4% in two sessions.
8) Eicher Motors spurts nearly 11% in three sessions.

Read detail analysis report here: - http://www.quora.com/Rahul-Prasad-12/Posts/Asian-and-European-stocks-rose-after-US-employment

Tuesday 26 November 2013

Weakness in Asian and European stocks hurt investor sentiment adversely!

Key benchmark indices edged lower in choppy trade, with selling intensifying towards the latter part of the trading session. Weakness in Asian and European stocks hurt investor sentiment adversely. The market breadth, indicating the overall health of the market, was negative. The barometer index, the S&P BSE Sensex, was down 180.06 points or 0.87%, up close to 10 points from the day's low and off about 235 points from the day's high. Asian and European stocks fell as investors’ awaited data on the US housing market and US consumer confidence.

Who Moved and Why

1) PSU OMCs witness profit booking.
2) Sun Pharma inches up after Taro begins share buyback offer.
3) Aban Offshore jumps nearly 29% in two sessions.
4) Volumes jump at United Spirits counter.
5) DIC India soars over 40% in two sessions.
6) IDBI Bank slips after S&P downgrade Hospitality stocks in demand.
7) United Spirits slips after Diageo offers to sell W&M whisky biz.

Read detail analysis report here: - https://www.apsense.com/article/weakness-in-asian-and-european-stocks-hurt-investor-sentiment-adversely.html

Sunday 24 November 2013

Market Outlook- Stock markets may remain volatile this week!

Stock markets may remain volatile this week as investors churn portfolios ahead of the monthly derivatives contract expiry on Thursday and announcement of second quarter economic growth data on Friday.

Today’s Headlines


1) Eyeing higher returns, NBFCs make a beeline to fund realtors.
2) AIBEA opposes RBI move to grant licenses to private entities.
3) FMCG major ITC sets up store locator to give sales a big push.
4) Iran nuclear deal will ease crude flow to India: Refiners.

Read detail analysis report here: - http://www.quora.com/Rahul-Prasad-12/Posts/Market-Outlook-Stock-markets-may-remain-volatile-this-week

Friday 22 November 2013

Immense volatility was witnessed in late trade!

Immense volatility was witnessed in late trade as the key benchmark indices once again regained positive zone after sliding to fresh intraday low in late trade. The barometer index, the S&P BSE Sensex, hit its lowest level in over six weeks. The 50-unit CNX Nifty also hit over six-week low below the psychological 6,000 mark only to regain that level later. The S&P BSE Sensex closed at 20229.05 and 11.66 point down. The market breadth, indicating the overall health of the market, turned negative from positive in late trade. In the foreign exchange market, the rupee reversed initial losses against the dollar in choppy trade.

Who Moved and Why

1) Amara Raja Batteries corrects on profit booking.
2) United Spirits gains after ICRA upgrades debt rating.
3) Gujarat Gas corrects ex-dividend.
4) IT stocks gain on weak rupee.
5) Elder Pharma jumps on buzz Torrent in talks to buy India biz.
6) Uflex gains after divesting 75% stake in unit.
7) Sterling Biotech spurts over 29% in two sessions.
8) IFB Industries slumps on profit booking.

Read detail analysis report: - http://www.quora.com/Rahul-Prasad-12/Posts/Immense-volatility-was-witnessed-in-late-trade

Sunday 17 November 2013

What factors should I consider when I insure my home?

Firstly determine the amount and type of insurance that you need. The sum insured or coverage limit of the property should equal 100% of its replacement cost. If the policy limit is less than 85% of the replacement cost of your home, any payment from the insurance company will be less than the full cost to replace your home   This is known as Under Insurance .

Over and above the basic Fire Insurance, decide which, if any, additional coverage you want to add to your policy. For example, do you want personal possessions or household contents covered against theft or burglary, cover against the risk of civil commotion here in Bali or, separately issued, earthquake and volcanic eruption coverage. Once you have decided on the coverage you want in your insurance policy, consult us. We will be able to help you determine if there are any gaps in coverage you might not have been aware of, we can also explain the details of the policy's exclusions and limitations as well as recommend an insurance company that will live up to your expectations.

Resource:- http://www.quora.com/Rahul-Prasad-12/Posts/What-factors-should-I-consider-when-I-insure-my-home

Monday 11 November 2013

Market Outlook- Positive trend were seen in Asian markets!

The 50-share Nifty index is expected to open flat on Tuesday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological support level of 6080 in trade today as index may come under some selling pressure at higher levels. Stocks in news are Apollo Hospitals, Reliance Communication, Fortis Healthcare, Hindalco, IOC, Apollo Tyres, Reliance Infra and Corporation Bank.

Today’s Headlines

1) Lending rates may not rise despite deposit rate hike.
2) Vodafone, ICICI bring 'M-Pesa' to North-east.
3) Union Bank raises deposits rates, no plan to raise lending rates.
4) Tussle over KG-D6 output: Reliance Industries to furnish bank guarantee.
5) Luminous Power Technologies opens inverter battery unit in TN.

Read detail analysis report here: - http://www.quora.com/Rahul-Prasad-12/Posts/Market-Outlook-Positive-trend-were-seen-in-Asian-markets

Sunday 10 November 2013

Market Outlook- ONGC inducts third offshore supply vessel!

The 50-share Nifty index is expected to open flat following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological level of 6200 levels. Stocks in news are ONGC, GlaxoSmithKline, GATI, Ashok Leyland and Sobha Developers.

Today’s Headlines

1) SBI hikes base rate by 20 BPS as cost of funds shoots up.
2) Bhutan asks India to expedite development of more hydro power projects.
3) Drug companies, distributors slugfest over margins.
4) Canadian hotel chain Four Seasons Hotels and Resorts to scale up in India.
5) ONGC inducts third offshore supply vessel.

Read detail analysis report:- http://www.quora.com/Rahul-Prasad-12/Posts/ONGC-inducts-third-offshore-supply-vessel

Wednesday 6 November 2013

The index is expected to retest its crucial psychological level of 6200 levels!

The 50-share Nifty index is expected to open flat following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological level of 6200 levels. Stocks in news are ONGC, GlaxoSmithKline, GATI, Ashok Leyland and Sobha Developers.

Today’s Headlines

1) SBI hikes base rate by 20 BPS as cost of funds shoots up.
2) Bhutan asks India to expedite development of more hydro power projects.
3) Drug companies, distributors slugfest over margins.
4) Canadian hotel chain Four Seasons Hotels and Resorts to scale up in India.
5) ONGC inducts third offshore supply vessel.

Read detail analysis report: - http://rrfinance.tumblr.com/post/66255493446/the-index-is-expected-to-retest-its-crucial

Friday 1 November 2013

Market Wrap-Up: Key benchmark indices edged higher in choppy trade!

Key benchmark indices edged higher in choppy trade on the first trading session of November month as market sentiment was boosted by data showing that foreign funds made massive purchases of Indian stocks on Thursday, 31 October 2013. Data showing strong growth in infrastructure sector output in September 2013 also boosted investor sentiment. The market breadth, indicating the overall health of the market, was positive. The barometer index, the S&P BSE Sensex pared gains after scaling record intraday high. The Sensex closed at 21196.81 and 32.29 point up.

Who Moved and Why

1) Berger Paints gains after good Q2 earnings.
2) GVK Power & Infra spurts on environmental nod for Kevin's Corner Project.
3) AIA Engineering spurts to 52-week high after strong Q2 earnings.
4) Motherson Sumi turns volatile after reporting Q2 results.
5) M&M jumps after reporting strong tractor sales in October.
6) Bank of India spurts on board's nod for preferential allotment of shares.
7) Kalpataru Power gains after strong Q2 results.
8) Century Enka spurts after stellar Q2 earnings.

For detail analysis report please visit: - http://www.quora.com/Rahul-Prasad-12/Posts/Market-Wrap-Up-Key-benchmark-indices-edged-higher-in-choppy-trade