Coal India Ltd to shift head quarters Rajarhat!

The 50-share Nifty index is expected to open higher on Tuesday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to surpass its previous record high of 8438.10 hit on 17 November. Stocks in news are Axis Bank, Tree House Education, FT, SAIL, BHEL, Reliance Indu, MTNL, Praj Industries, MCX and Aurobindo Pharma.

Today’s Headlines

1) Auto companies ask government to ink FTAs with South and Central America, Africa and Middle

2) East.Arvind Vashistha to head equity capital markets at Citi India.

3) Indian cotton textile exhibition opens in Dubai.

4) Centre making efforts to reduce fuel import bill by Rs 10,000 crore.

5) Coal India Ltd to shift head quarters Rajarhat.

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

India to seek clarity on AIIB during Xi Jinping visit!

The 50-share Nifty index is expected to open higher on Wednesday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to reclaim its crucial psychological support level of 7,950. Stocks in news are HeroMotoCorp, Lupin, ALBK, Canara Bank, Reliance Ind, ONGC, Aurobindo Pharma, Apollo Tyres, NTPC, Axis Bank, Apollo Hospitals and GMR Infrastructure.

Today’s Headlines

1) Mahindra & Mahindra in talks to buy Peugeot's scooter unit.

2) India to seek clarity on AIIB during Xi Jinping visit.

3) SAB Miller sales growth rises a marginal 0.5%, slowest in 3 years.

4) Bangalore-based Electronic Cluster raises Rs 14 crore.

5) Reliance Power withdraws from Dadri power project in Uttar Pradesh.

6) Coal India's trade unions defer strike.

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

Currency Market key Headlines

1) The dollar was at almost a six-year high versus the yen as investors weighed the timing for the Federal Reserve’s first interest-rate increase since 2006 before policy makers begin a two-day meeting today.

2) The pound fell toward the weakest in 10 months versus the dollar after a report showed U.K. inflation slowed to match the lowest level in five years.

3) Israel’s Finance Ministry cut its growth forecast for this year and the country’s inflation rate unexpectedly dropped to zero, adding to indications that the war in the Gaza Strip has squeezed domestic consumption.

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

Commodity Key Headlines

1) Gold Trades above Eight-Month Low Before Fed Concludes Meeting.

2) U.S. Steel’s Canada Unit Files for Creditor Protection.

3) Arcelor Mittal Steel Truck Frame Vies With Aluminum.

4) Nigerian Union Strikes in Action That May Curb Crude Oil Exports.

5) Chevron’s Search for Alternative Fuels Stumps Best Minds.

6) Oil Rises as OPEC Sec-General Says Group May Cut Target.

7) Leaky Wells Spur Call for Stricter Rules on Gas Drilling.

8) Soybeans Slump on Outlook for Bumper Crop; Wheat Declines

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

Cipla to invest around Rs 600 crore in R&D this year

The 50-share Nifty index is expected to open lower on Thursday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological support level of 8,100 in trade today. Stocks in news are ONGC, Coal India, Dhanlaxmi Bank, Oriental Bank of Commerce, DLF, Axis Bank, Federal Bank, Idea Cellular and BHEL.

Today’s Headlines

1) Fitch retains rating of SBI, ICICI, BoB, PNB and other banks.

2) Deloitte to advise Carnation Hospitality on Barista business.

3) Essar plans to raise $250 million from Russian bank to buy out minority shareholders.

4) Coal India Limited unions serve 3-day 'work-to-rule' ultimatum from September 18.

5) Cipla to invest around Rs 600 crore in R&D this year.

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

Commodity Headlines

1) Brazilian Senate Approves Higher Ethanol Mandate.

2) Argentina’s Grobo Seeks M&A as Agribusiness Consolidates.

3) Brent Rebounds From 16-Month Low on Russia-Ukraine Talks.

4) Grain Prices Drop on Easing Tensions in Black Sea Region.

5) Modi Vies With Widodo as India Set to End Diesel Subsidy.

6) Palladium Falls to Two-Week Low on Russia-Ukraine Talks.

7) Nickel Reaches Four-Week High on Philippine Supply Risks.

8) Ukraine Buys Coal From South Africa After Mines Ruined.

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

Currency Market Headlines

1) India’s rupee rose the most in more than a week after foreigners boosted holdings of local assets amid reviving economic growth and indications of progress toward a Russian-backed cease-fire with Ukraine.

2) Australia’s dollar rose as central bank Governor Glenn Stevens said he’s unwilling to push house prices higher to try to reduce unemployment, boosting bets policy makers are content to refrain from cutting rates.

3) A gauge of future price swings for the pound against the dollar jumped by the most in almost six years as a survey showed support for Scottish independence is rising before this month’s referendum.

Find full technical report here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf

Adani, Tata to charge higher tariffs!

The 50-share Nifty index is expected to open higher on Tuesday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to reclaim its crucial psychological level of 7700 in trade today. Stocks in news are Idea Cellular, Exide Indu, Hindustan Zinc, Thermax, Axis Bank, Tata Power, Adani Power, Reliance Ind, Alstom T&D, Maruti Suzuki, Texmaco Rail & Engineering, GAIL, DLF and ROLTA.



 

 Today’s Headlines

1) Porsche launches much awaited compact SUV Macan in India at Rs 1 crore to Rs 1.1 crore.

2) Financial Technologies India Ltd to sell 24.89% stake in IEX, appoints Axis Capital to look for a buyer.

3) Adani, Tata to charge higher tariffs, claim arrears from state utilities.

4) USFDA gives nod to Indoco Remedies facilities in Goa.

5) Domestic auto parts companies' FY14 turnover falls as Chinese imports play spoilsport.

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