Equity Market Headlines
The 50-share Nifty index is expected to open lower on Wednesday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological support level of 7700 in trade today. Stocks in news are Hero Motocorp, Bata India, Jubilant Life Sciences, GMR Infrastructure, Coal India, NTPC, HDIL, IL&FS Engineering, Jindal Steel and power and NHPC
Today’s Headlines
1) Rolls-Royce working on new model; to hit market by mid-2016.
2) Kotak Investment, Ambit Capital & Edelweiss look to raise $500 million each for structured debt fund.
3) Government may take over Goa dairy, if new union is strongly opposed.
4) Power Ministry mulls fund to finance hydro projects.
5) Skymet raises $4.5 million to better R&D services.
Commodity Key Headlines
1) Dirtiest Fuel Threatens 700-Year-Old Villages in Europe.
2) U.K. Plans to Criminalize Energy-Market Rigging With New Laws.
3) WTI Falls to Six-Month Low with Demand Seen Declining.
4) Soybean Futures Fall as Rains in U.S. Midwest Seen Boosting Crop.
5) Silver Falls to Six-Week Low, Gold Drops as Dollar Gains.
6) Copper Caps Biggest Loss in 8 Weeks as Dollar Gains.
7) CME to Start EU Gas Futures as Trayport Remains Independent.
8) Baconholics Undeterred by Pig Prices at 30-Year High.
Currency Key Headlines
1) India’s 10-year sovereign bonds fell the most in four months after central bank Governor Raghuram Rajan left interest rates unchanged and pledged to curb inflation.
2) The pound rose for a second day against the euro as a report showed U.K. services output grew at a faster pace in July.
3) Chile’s economy grew less than analysts expected in June, expanding at the slowest pace since the aftermath of an earthquake in February 2010 that devastated the center-south of the country.
Read detail analysis report here:- http://www.rrfinance.com/Reserch/ResearchHome.aspx
The 50-share Nifty index is expected to open lower on Wednesday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological support level of 7700 in trade today. Stocks in news are Hero Motocorp, Bata India, Jubilant Life Sciences, GMR Infrastructure, Coal India, NTPC, HDIL, IL&FS Engineering, Jindal Steel and power and NHPC
Today’s Headlines
1) Rolls-Royce working on new model; to hit market by mid-2016.
2) Kotak Investment, Ambit Capital & Edelweiss look to raise $500 million each for structured debt fund.
3) Government may take over Goa dairy, if new union is strongly opposed.
4) Power Ministry mulls fund to finance hydro projects.
5) Skymet raises $4.5 million to better R&D services.
Commodity Key Headlines
1) Dirtiest Fuel Threatens 700-Year-Old Villages in Europe.
2) U.K. Plans to Criminalize Energy-Market Rigging With New Laws.
3) WTI Falls to Six-Month Low with Demand Seen Declining.
4) Soybean Futures Fall as Rains in U.S. Midwest Seen Boosting Crop.
5) Silver Falls to Six-Week Low, Gold Drops as Dollar Gains.
6) Copper Caps Biggest Loss in 8 Weeks as Dollar Gains.
7) CME to Start EU Gas Futures as Trayport Remains Independent.
8) Baconholics Undeterred by Pig Prices at 30-Year High.
Currency Key Headlines
1) India’s 10-year sovereign bonds fell the most in four months after central bank Governor Raghuram Rajan left interest rates unchanged and pledged to curb inflation.
2) The pound rose for a second day against the euro as a report showed U.K. services output grew at a faster pace in July.
3) Chile’s economy grew less than analysts expected in June, expanding at the slowest pace since the aftermath of an earthquake in February 2010 that devastated the center-south of the country.
Read detail analysis report here:- http://www.rrfinance.com/Reserch/ResearchHome.aspx
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