L&T Finance Holdings Net double at Rs 286 crore

The 50-share Nifty index is expected to open flat-to-lower on Thursday following muted trend seen in SGX Nifty.  Tracking the momentum, the index is expected to retest its crucial psychological level of 7800 in trade today. Stocks in news are Wipro, BIocon, Ambuja Cements, J Kumar Infra, Cairn, ONGC, RIL, GMR Infra, MRF, Strides Arcolab, Magma Fincorp and GIC Housing Finance.

Today’s Headlines

1) Honda to make India export hub for manual gears.
2) L&T Finance Holdings Net double at Rs 286 crore.
3) Gas row: Oil & Natural Gas Corporation and Reliance Industries pick independent agency.
4) Gas pricing uncertainty stops GSPC from starting production.
5) Telangana government to set up Pharma City near Hyderabad.

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

Honda aims to sell 45 lakh motorcycles in FY'15

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 level of 7600 in trade today. Stocks in news are Siemnes, Ranbaxy Lab, Idea Cellular, Bajaj Finserv, ICICI Bank, HPC, BPCL, IOC, Future Retail and Essar Group.

 

Today’s Headlines

1) Honda aims to sell 45 lakh motorcycles in FY'15.

2) ICICI bank axes 1,200 of its staffers across board to improve efficiency.

3) Canadian Company Brookfield to acquire 100 % and 60 % Unitech’s six Assets.

4) SBI rejects SREI bid for Abhijeet power plant.

5) Ashapura Minechem to buy Orient Abrasive for Rs 400 Crore.

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

Anil Dua quits Hero MotoCorp; to pursue career abroad

The Nifty is likely to open on a positive note and extend overnight gains on the back of positive cue from Asian peers. Rate sensitives will be in focus ahead of the Reserve Bank of India's policy review. According to ET Now poll, the central bank is likely to keep key interest rates unchanged.

Today’s Headlines

1. Anil Dua quits Hero MotoCorp; to pursue career abroad.
2. Better sentiment, new models boost auto sales; Maruti Suzuki, Hyundai, Honda, Toyota and Ford see rise.
3. PE firm SAIF Partners to make 8 new investments across sectors.
4. Blazing heat brings relief to AC, fridge and consumer durable sales.
5. Lakshmi Machine Works eyes new export markets to dodge domestic competition. 

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