Sunday 23 November 2014

Spring Air will invest Rs 100cr in 2 years to open 100 showrooms!

The Nifty began the week on a positive note and hit fresh all-time high as it climbed past 8,500 on the back of supportive cues from Asian peers. All the sectoral indices, barring the FMCG sector, were in the green with metals, technology and capital goods in the lead.

Today’s Headlines

1) New Transport Bill seeks proof of parking for registrations.

2) US insurer Allstate Corporation plans $1 billion expansion in India.

3) Milk Mantra shells out Rs 10 crore for Westernland Dairy.

4) Spring Air will invest Rs 100cr in 2 years to open 100 showrooms.

5) Queensland to pick up substantial stake in Adani’s Australia project.

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

Commodity Key Headlines

1) SNB Gold Vote Is ‘Dangerous,’ Jordan Says in Sermon on Hill.

2) OPEC Division Spurs Hedge Funds to Trim Bullish Oil Bets.

3) Billionaire Tornqvist Pivots to Asia Amid Gunvor Russian Retreat.

4) Beef the New Red Bull as Burger Craze Takes Off in Hong Kong.

5) Microsoft's 10-Minute Movie Stars Inspire Change in Indian Villages.

6) Gold Holds Drop From Three-Week High as Investors Assess Rates.

7) Wheat Advances as Dry Weather Seen Hampering Crops in Russia.

8) Gold Wagers Gain as China Rate Reduction Stems Rout.

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

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