Showing posts with label Bank of Baroda. Show all posts
Showing posts with label Bank of Baroda. Show all posts

Tuesday, 13 May 2014

Market Outlook-Nestle India's Q1 net drops 7 per cent!

The 50-share Nifty index is likely to open higher on Wednesday following positive trend seen in SGX Nifty.  Tracking the momentum, the index is expected to reclaim its crucial psychological level of 7,150 in trade today. Stocks in news are HCL Tech, BHEL, Tata Comm, L&T, Castrol India, Bank of Baroda, Nestle India, Repco Fin, Reliance Ind, and ONGC.


Today’s Headlines

1) Nestle India's Q1 net drops 7 per cent.
2) Dr Reddy's Q4 profit up 25% lags estimates.
3) Tata Group launches first 'Design Studio' in UK.
4) Honda Motorcycle & Scooter India sets target to sell 45 lakh units in FY'15.
5) Bharat Benz's VRV Sriprasad to be Volvo India's managing director.
6) Helion invests Rs 25 crore in enterprise mobility co Rapid Value.

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

Wednesday, 11 December 2013

Network tie-up a balance of gains for Bharti Airtel, R-Jio!

The 50-share Nifty index is expected to open lower on Thursday following muted trend seen in other Asian markets. However, investors are likely to take cues from IIP data for the month of October which will be out later today. Stocks in news are Reliance Indu, Hero MotoCorp, ONGC, Canara Bank, Tata Teleservices, Tata Motors, Lanco Infratech, Blue Star, Coal India and Jubilant Life Sciences.

Today’s Headlines

1) Foreign banks seek clarity on local takeovers.
2) Banks set to oppose RBI diktat to install Aadhaar-enabled ATMs and point-of-sale terminals.
3) Under-recovery on petroleum product to touch Rs 1.47 trillion in FY14: India Ratings.
4) Reliance Jio is laying aggressively fibre in Maharashtra.
5) Network tie-up a balance of gains for Bharti Airtel, R-Jio.

Read detail analysis report here: - http://www.quora.com/Rahul-Prasad-12/Posts/Network-tie-up-a-balance-of-gains-for-Bharti-Airtel-R-Jio

Immense volatility was witnessed in late trade!

Immense volatility was witnessed in late trade as key benchmark indices trimmed losses after hitting fresh intraday low in late trade. The market breadth, indicating the overall health of the market, was negative. Except BSE FMCG index, all the other sectoral indices on BSE were in the red. The market sentiment hit adversely due to hawkish comments on inflation from Reserve Bank of India (RBI) Governor Dr. Raghuram Rajan. In the foreign exchange market, the rupee edged lower against the dollar. The BSE Sensex closed at 21171.41 and 83.85 point down.

Who Moved and Why

1) OBC tumbles onprofit booking.
2) GVK Power & Infra drops on profit booking.
3) NTPC gains on bargain.
4) Bharti Infratel jumps as Bharti, Reliance Jio to share telecom infra.
5) SBI falls 4.22% in two days on equity dilution worries.
6) Strides Arcolab gains almost 4% in two sessions.
7) SKF India hits 52-week high on fund buying.
8) Suzlon Energy gains after winning order.

Read detail analysis report here:-http://www.quora.com/Rahul-Prasad-12/Posts/Immense-volatility-was-witnessed-in-late-trade-1

Thursday, 28 November 2013

Market Wrap-Up: Asian and European stocks rose after US employment!

High volatility was witnessed as key benchmark indices regained strength soon after trimming intraday gains in mid-afternoon trade. The market was volatile as traders rolled over positions in the futures & options (F&O) segment from the near month November 2013 series to December 2013 series. The market breadth, indicating the overall health of the market, was positive. Gains in Asian and European stocks underpinned sentiment on the domestic bourses. Asian and European stocks rose after US employment and consumer confidence reports boosted optimism in the world's largest economy. The BSE Sensex closed at 6091.85 and 34.75 point up.

Who Moved and Why

1) Gujarat NRE Coke spurts after multiple block deals.
2) Bank of Baroda turns volatile as board to consider preferential share allotment.
3) Dr Reddy's Labs gains on likely boost in Toprol sales.
4) Nestle India drops as overseas parent says no plan to hike stake.
5) Godrej Consumer Products surges after block deals.
6) M&M gains ahead of press conference.
7) Edelweiss Financial gains over 4% in two sessions.
8) Eicher Motors spurts nearly 11% in three sessions.

Read detail analysis report here: - http://www.quora.com/Rahul-Prasad-12/Posts/Asian-and-European-stocks-rose-after-US-employment