Toyota plans to develop mid-size sedan for India

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 reclaim its crucial psychological level of 8150 in trade today. Stocks in news are Colgate Palmolive, Maruti Suzuki, PNB, RIL, GMR Infrastructure, L&T, ITC, Axisbank, CIL and Jaiprakash Power Venture.

Today’s Headlines

1) Toyota plans to develop mid-size sedan for India.

2) Shopclues in talks with Temasek & Steadview Capital for investment purpose.

3) Oil Ministry again extends deadline for comments on revenue sharing.

4) Coal India to be part of new special purpose vehicle for ICVL's first buyout.

5) Government to take measures to plug the gaps on quality of drugs, to includes new checks.

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

 

Commodity Key Headlines

1) Gold Bulls Extend 2014 Exit as Slump Erases $6.7 Billion.

2) Coal Mogul Murray Says More Bankruptcies Probable.

3) Century-Old Copper Mines Spur Bachelet's Race to Save Chilean Cash Cow.

4) Soybeans Fall With Corn to Four-Year Lows on Bumper Crop.

5) Brent Declines on Concern China Growth Slowing; WTI Drops.

6) Gold Rises from Eight-Month Low as Equities Drop.

7) Nickel Prices Decline to Five-Month Low on China Outlook.

8) Commodities Drop to 5-Year Low in Capitulation to China.

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

Currency Market Key Headlines

1)  The pound strengthened for a fifth day against the euro before Bank of England Governor Mark Carney speaks this week, as investor focus returns to the timing for interest-rate increases in the U.K.

2) Australia’s dollar dropped to a seven-month low and South Africa’s rand slid as a slump in prices for raw materials curbed demand for the currencies of commodity-producing nations.

3) The prospect of higher U.S. interest rates is proving to be a boon for the biggest owners of Treasuries outside of the Federal Reserve.

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

TV makers happy with Budget 2014!

The 50-share Nifty index is expected to open flat on Friday following muted trend seen in other Asian markets.  Tracking the momentum, the index is expected to retest its crucial psychological level of 7,550 in trade today. Stocks in news are Infosys, COAL India, Tata Motors, Kotak Mahindra, GMR Infrastructure, IL&FS Engineering & Construction and Britannia Industries.

Today’s Headlines

1) Government rationalizes duty on all diamonds at 2.5 per cent.
2) Clean energy cess hiked to Rs100 per tonne; Coal India to pay up to Rs 5200 crore.
3) Rs 700 crore allocated for power, water sector reforms in Delhi.
4) Ban-hit Goa mining industry sees ray of hope in Budget.
5) Free drugs, diagnosis to ensure 'Health for All' priority, says govt.
6) TV makers happy with Budget 2014, see boost in domestic production.

Currency Headlines

1) India’s stocks sank to a two-week low, bonds fell and the rupee weakened as renewed concern about Europe’s banking system overshadowed Finance Minister Arun Jaitley’s plan to achieve the lowest budget deficit since 2008.

2) The euro snapped a three-day climb versus the dollar as a Portuguese bank’s missed debt payments raised concern the region’s financial stability remains vulnerable as it emerges from the sovereign-debt crisis.

3) Malaysia raised its key interest rate for the first time since May 2011 after economic growth accelerated and as the central bank seeks to curb the risk of financial imbalances. 

Read detail analysis report here:- http://www.rrfinance.com/Reserch/ResearchHome.aspx

Genesis Luxury in tie-up with G-Star RAW for India market!

The 50-share Nifty index is expected to open flat-to-higher on Thursday following muted trend seen in other Asian markets. However, the outcome of the Union Budget 2014 is likely to give further direction to market movement in trade today. Stocks in news are Bharti Airtel, JSW Steel, KFA, Indiabulls Group, Tata Teleservices, Infosys, GMR Infrastructure, Lupin and Subex.

Today’s Headlines

1) Car companies like Hyundai Motor India and others may extend good run indicates SIAM data.

2) Volkswagen Pune plant to cut on energy, water consumption.

3) Indiabulls partners Sameer Gehlaut, Saurabh Mittal and Rajiv Rattan to divide operations.

4) Genesis Luxury in tie-up with G-Star RAW for India market.

5) Lupin, Unichem Laboratories among global companies fined by European Commission. 

Currency Market Headlines

1) Expectations for swings in India’s rupee climbed to the highest this month before Prime Minister Narendra Modi’s government presents its first budget tomorrow.

2) The yen weakened against all but two of its 16 major peers. China’s yuan rose to the strongest level in three months.

3) Indonesia’s rupiah forwards jumped the most since February and dollar bonds advanced as Joko Widodo said unofficial counts at polling booths showed him winning the presidential race.

Read detail analysis report here:- http://www.rrfinance.com/Reserch/ResearchHome.aspx

Reliance Capital to buy a minority stake in Prime Focus!

The 50-share Nifty index is expected to open higher on Thursday tracking positive trend seen in SGX Nifty. Tracking the momentum, the index is expected to surpass its previous record high of 7,732.40 made on 2 July; however, it may witness some profit booking at higher levels. Stocks in news are United Spirits, Reliance Capital, Apollo Tyres, Hero Motocorp, TVS Motors, GMR InfraStructure, JP Associates, Tata Teleservices, JSW Energy and GAIL.

Today’s Headlines

1) Two-wheeler sales dovetail cars, increase 14 per cent in June.
2) Prime Focus to get rs 120 crore from Reliance Capital.
3) Reliance Capital to buy a minority stake in Prime Focus.
4) Ficci meets Textiles Minister Santosh Gangwar on new Textiles Policy.
5) Speedy clearance for 3,000-MW Arunachal Pradesh hydro project.
6) JSW Energy set to buy Lanco's project in top thermal deal for Rs 5,700 crore.

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