Wednesday 12 November 2014

Coal ministry ready with auction details for Union Cabinet nod!

The benchmarks are set to open with a gap-up on the back of good news on the macro front and positive cues from Asian markets. Stocks in news are Tata Steel, IOC, Jaiprakash Associate, Eicher Motors, Dr Reddy’s Laboratories and Vivimed Labs.

Today’s Headlines

1) SC frowns on linking Toyota motor brass to non-deployed airbags.

2) Falling car sales puncture tyre companies' hope of revival.

3)
Government panel moots breather for banks on stuck projects.

4) Coal ministry ready with auction details for Union Cabinet nod.

5) Aurobindo Pharma highest bidder for Natrol.

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

1) Consumer prices rose 5.52 percent in October from a year earlier, the Statistics Ministry said, after a 6.46 percent increase the previous month. That was the slowest pace since the index was created in January 2012.

2) The yen advanced from the weakest level in seven years versus the dollar after Japanese official’s downplayed speculation Prime Minister Shinzo Abe was considering dissolving parliament and postponing a sales-tax increase.

3) Brazil’s real dropped for a second day as the administration of President Dilma Rousseff asked Congress to authorize eased fiscal rules after posting the biggest budget deficit in more than a decade.

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

Commodity Key Headlines

1) Corn Extends Climb With Soybeans as Arctic Blast Heads for U.S.

2) Why Fewer U.S. Cows Means Higher Costs for Leather Bags.

3) Nickel Leads Metals Lower Before China Industrial Data.

4) Cash-Burning Bets on Oil Rebound Surge in U.S. ETF Market.

5) Oil Tankers Stream toward China as Price Drop Sparks Boom.

6) Strike-Hit South Africa Braces for More Turmoil.

7) Dow Chemical to Sell Angus Unit for $1.22 Billion.

8) Brent Falls Below $80 For First Time in 4 Years on Glut.

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

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