Monday 15 September 2014

WPI inflation falls to 3.74%.

The 50-share Nifty index is expected to open lower on Tuesday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological level of 8,000 in trade today. Stocks in news are Wipro, Hero MotoCorp, Tata Motors, JSW Steel, Mastek, GAIL,
Pantaloons, MCX, Mangalore Chemicals and Fertilizers, HUL, Jet Airways, Persistent Systems and Bosch & ZF Steering Gear India.

Today’s Headlines

1) Hero Motors to set up plant in Chittoor district of AndhraPradesh.

2) RBI Governnor Raghuram Rajan rules out cutting rates as WPI inflation falls to 3.74%.

3) HUL, Everstone in talks to jointly run Modern Foods.

4) Rising demand for wind turbines and solar panels altering Germany’s landscape.

5) JSW Steel close to acquiring Italy's Lucchini for sub $100 million.

Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Eq_MorningBell.pdf

Debt Market Key Headlines

1) Overseas investors have pumped in about Rs 13,000 crore in the Indian debt market so far this month, endorsing the country's growth potential and political stability. This takes the total investment in the debt market to around Rs 99,000 crore so far this year.

2) A host of foreign investors and funds will be meeting corporate leaders in India next month, the first time since the global financial crisis, signifying changing perception about the country's growth potential.

Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Db_MorningBell.pdf

Commodity Key Headlines

1) AngloGold Share Sale U-turn Puts Emphasis on Gold Miner’s Debt.

2) China Maritime Silk Road Proves Boon for Sri Lanka as Xi Lands.

3) Devils Jeer Fiji Coup Leader in First Election since 2006.

4) Gold Holds above Lowest Level since January before Fed Meeting.

5) Musk Solar Strategy Used as Model for Record Investments.

6) Randgold says it’s Not Paying Premium for Mine Stake.

7) African Barrick to Drop Parent’s Name in ‘Rebranding’.

8) Speculators Cut Gas Bets to 9-Month Low on Supply Growth.

Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf

Currency Market Headlines

1) Indian stocks and the rupee fell the most in five weeks after monthly factory output weakened and on speculation the U.S. Federal Reserve will signal a move toward interest-rate increases at a meeting this week.

2) Australia’s dollar fell below 90 U.S. cents for the first time since March and Sweden’s krona declined after elections, as prospects for U.S. interest-rate increases next year boosted the greenback’s allure.

3) The yuan traded in Hong Kong declined the most in more than three months as signs of a weakening Chinese economy and prospects of higher U.S. interest rates sapped demand for emerging-market assets

Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf

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