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

Mundra tariff: States to meet Goyal tomorrow; firms seek help

The 50-share Nifty index is expected to open flat on Tuesday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological support level of 8000 in trade today. Stocks in news are NTPC, Jaiprakash Associates, ONGC, Cipla, Tata Steel, SBI, Apollo Hospitals, Hero Motocorp, TVS Motor, IFCI, Ashok Leyland, PFC & REC and Punj Lloyd.

Today’s Headlines

1) Car sales surge for fourth successive month, auto makers gear up for festive season with new launches.

2) Electronics companies like Sony, Samsung, Panasonic and others track store sales to stop resale of products.

3) Mundra tariff: States to meet Goyal tomorrow; firms seek help.

4) Coal block allocation: Supreme Court to decide on government's plea to spare operational mines.

Technical 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.
 
Find full technical analysis report: - http://www.rrfinance.com/reserch/MorningBell/Db_MorningBell.pdf

Commodity Key Headlines

1) Putin Faces Debt to Import Curbs as EU Weighs Sanctions.

2) Petroleum Reserve to Cut Import-Shock Risks: Corporate India.

3) Palm Oil Seen Rebounding by Sime’s Dass as Demand Recovers.

4) Aluminum Leads Metals Higher on Stimulus Bets for China, Europe.

5) China Banks Boost Precious Metals Hoard Amid Lease Demand.

6) Brent Oil Extends Two-Month Slump Amid OPEC Expansion.

7) Speculators Turn More Bullish on Oil Before Labor Day.

8) Copper Declines on China’s Manufacturing Data for August.
 
Find full technical report here: - http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf

Today’s Headlines

1) The euro reached the lowest level in almost a year against the dollar as signs the region’s economy is under performing that of the U.S. damped demand for the shared currency.

2) After gold’s rally in the first half of the year beat gains for commodities, equities and Treasuries, bullion is back to being out of favor with investors. Hedge funds cut their bullish gold bets for the fourth week in five, sending holdings to a two-month low.

3) India’s rupee declined a third day on speculation the central bank intervened to prevent a stronger currency from hurting a revival in the economy.

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

New RBI norms: NBFCs can now only accept top-grade shares as collateral

The 50-share Nifty index is expected to open higher on Friday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to reclaim its crucial psychological level of 7900 in trade today. Stocks in news are United Spirtis, Ranbaxy Lab, HDFC Bank, OMCs, Wipro, Canara Bank, Jyothi Lab, CEAT, SpiceJet, GlaxoSmithKline Consumer Healthcare and United Breweries.

Today’s Headlines

1) Carzonrent to induct 120 Mercedes C Class sedans.

2) Tata Motors to set up hub-and-spoke model abroad.

3) New RBI norms: NBFCs can now only accept top-grade shares as collateral.

4) Kishore Chhabria joins fray for 50% rights of disputed brandy brand Mansion House.

5) Allied Blenders & Distillers picks up 50% ownership rights in Mansion House brandy.

6) Scanty rainfall drives up power deficit, spot power prices.

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

Debt Market Key Headlines

1) International Finance Corporation (IFC), the World Bank's private-sector financing arm on Wednesday launched bonds worth $2.5 billion in the Indian market to fund infrastructure projects and private energy and to boost energy supply over the next five years.

2) Indian firms, including some with junk rating, is finding it cheaper to raise funds in money markets of Asia where demand for bonds floated by these companies has surged. Prices of these bonds have risen in the secondary market soon after their issuance in the offshore markets.

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

Currency Market Headlines

1) The dollar gained to the strongest level since September versus the euro after U.S. policy makers raised the possibility they may raise interest rates sooner than anticipated.

2) India’s rupee fell for the first time in four days on concern the Federal Reserve will increase interest rates, reducing the flow of funds to emerging markets.

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