Showing posts with label ICICI Bank. Show all posts
Showing posts with label ICICI Bank. Show all posts

Wednesday, 8 October 2014

RBI weighs assured returns for private equity funds

The 50-share Nifty index is expected to open higher on Thursday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to reclaim its crucial psychological support level of 7850 in trade today. Stocks in news are ITC, L&T, ICICI Bank, BHEL, Zensar Tech, Future Lifestyle, BEML, DCB Bank, BOSCH, Viceroy Hotels, Maruti Suzuki and Kesoram Industries.

Today’s Headlines

1) Govt may take action against Maruti for unfair trade practice.

2) RBI weighs assured returns for private equity funds.

3) Reliance Brands to bring casual luxury lifestyle brand Juicy Couture to India in 2015.

4) Fuel shortage known to discoms; notices given in advance: NTPC.

5) Sunflag receives Rs 28 crore demand notices in coal case.

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

Commodity Market Headlines

1) France’s Wine Volume to Climb 10% on Bordeaux Recovery.

2) Gold Climbs to Highest in Almost Two Weeks after Fed Minutes.

3) Corn Snaps Longest Rally in Eight Months on U.S. Crop Outlook.

4) Industrial Metals Rise as Dollar Holds Slide on Fed Rate Pledge.

5) Investors Shunning the World’s Richest Mineral Deposits.

6) Hedge Funds’ Bets on Oil Gains Drop to Record: Chart of the Day.

7) Shale Boom Tested as Sub-$90 Oil Threatens U.S. Drillers.

8) Gold Has Biggest Three-Day Rally Since June After FOMC.

For more information please visit:- http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf
 
Currency Market Headlines

1) The dollar strengthened versus most of its 31 major peers before the Federal Reserve releases minutes of its September meeting as investors weighed the timing of the first interest-rate increase since 2006.

2) Japanese investors sold long-term German bunds for an eighth month in August and began selling French and Italian debt as well, while purchasing securities issued by the U.S., U.K., Australia and Canada.

3) South Korea’s won fell to a six-month low as concern the global economy is slowing sapped demand for emerging-market assets.

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

Monday, 6 October 2014

Registration of companies declines 50 per cent on compliance norms!

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 level of 7950 in trade today. Stocks in news are SCI, GAIL, Bajaj Finance, United Breweries, Ballarpur Ind, ONGC, Neyveli Lignite, BHEL, RCF, CIPLA and ICICI Bank.

Today’s Headlines

1) Registration of companies declines 50 per cent on compliance norms.

2) Mondelez India Foods posts 64 per cent rise in PAT in 2013.

3) Sajjan Jindal led-JSW Steel in talks to buy stake in London Mining.

4) International Finance Corporation to invest $100 mn in Bilt Paper equity.

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

Commodity Key Headlines

1) Lundin to Buy Freeport Chile Copper Mine for $1.8 Billion.

2) Nickel Holds Gain at Week High as LME’s Leading Metal in October.

3) WTI Holds Above $90 Before U.S. Fuel Supply Data; Brent Steady.

4) Hockey Says Falling Commodity Prices to Hurt Australia’s Budget.

5) Glencore Said to Lay Groundwork for Potential Rio Merger.

6) EU Manufacturing Reaps $2.5 Billion Permit Win: Carbon & Climate.

7) Chile Top Renewables Market on Sunny Desert, Windy Shores.

8) Cotton Glut Eroding Cost for Gap Jeans as China Buys Less.

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

Thursday, 18 September 2014

Maruti appoints RS Kalsi as head of domestic sales & marketing!

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 head toward its crucial psychological level of 8150 in trade today. Stocks in news are Tata Group, Bharti Airtel, Tech Mahindra, Maruti Suzuki, Reliance Industries, ICICI Bank, L&T, Infosys, M&M, Ranbaxy, Cipla, GMR Infra, ITC, Bajaj Electricals and NMDC.

Today’s Headlines

1) Maruti appoints RS Kalsi as head of domestic sales & marketing.

2) China President Xi's India Visit: Chinese lenders ink pacts with SBI, ICICI and Axis Bank.

3) HUL to set up 14 new consumers clusters to drive growth across smaller, fast-growing markets.

4) After 2 rejects, Dibang hydro plant set to get environmental clearance.

5) Cogent Glass' Rs 200-crore plant comes up in Telangana.

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

Debt Market Headlines

1) India’s rupee gained as foreign funds increased holdings of the nation’s assets and exporters appeared to repatriate earnings to benefit from the currency’s slide to a one-month low.

2) The yen fell to a six-year low against the dollar as the Federal Reserve yesterday raised its target-rate forecast, underpinning the divergence in monetary policy between the two nations.

3) The pound strengthened to the highest level versus the euro in two years as the Scottish electorate voted on whether to end its three century-old union with the U.K.

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

Sunday, 14 September 2014

Aluminum Bahrain Plans Listing on Saudi Arabia Exchange

Indian markets are expected to trade in a range on Monday, tracking muted trend seen in other Asian markets and SGX Nifty. Stocks in news are Stocks in news are Tata Motors, Tata Steel, Hero MotoCorp,
Reliance Ind, ICICI Bank, LIC Housing Finance, JSW Steel, Pfizer, Ranbaxy, Fortis Healthcare, IDFC and
Zydus Cadila.

Today’s Headlines

1) Auto part suppliers unsure of medium & heavy commercial vehicles segment recovery.
2) Finance Ministry asks public sector banks to participate in Swachh Bharat Mission.
3) Gail makes gas available from alternate sources to Gujarat industries.
4) Suresh Prabhu Panel recommends hiving off Coal India unit CMPDIL.

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

Commodity Key Headlines

1) Food Prices Drop to 4-Year Low on Tumbling Milk to Oils.
2) Sinopec Sells $17.5 Billion Stake in Fuel Retail Unit.
3) South Africa Plans Support to Avert Downgrade of Eskom
4) Arrium Seeks to Sell $680 Million of Shares Amid Iron Ore Slump.
5) Vale Signs Iron-Ore Agreement With Chinese Shipper Cosco.
6) Aluminum Bahrain Plans Listing on Saudi Arabia Exchange.
7) Hedge Funds Cut Bullish Crop Bets to Lowest Since January.
8) Corn Trades near Four-Year Low on Outlook for Surging Supply.

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

Friday, 12 September 2014

Global crude falls nearly $3 a barrel in a week, motorists rejoice

The 50-share Nifty index is expected to open lower on Friday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to head lower but have a strong support at levels around 8040. Stocks in news are Coal India, Lakshmi Vilas Bank, Maruti Suzuki, IDFC, JSW Steel, GMR Infra, ICICI Bank, TVS Motor, ITC and L&T.

Today’s Headlines

1) Government asks companies to put brown dot on cosmetics with animal origin ingredients; IBHA oppose.

2) Titan commissions new plant in Tamil Nadu for its watch division.

3) Oil companies like Hindustan Petroleum Corporation restore fuel supply in Kashmir.

4) Global crude falls nearly $3 a barrel in a week, motorists rejoice.

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

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

Commodity Key Headlines

1) Food Prices Drop to 4-Year Low on Tumbling Milk to Oils.

2) BHP Spinoff Set to Lure Investors, Predators on Profit Promise.

3) Gold Declines to Seven-Month Low on U.S. Rate Outlook.

4) Zinc Pares Biggest Weekly Drop in 23 Months before China Data.

5) Gold Extends Drop With Silver as Platinum Sinks to 7-Month Low.

6) WTI Rises from 8-Month Low as Russia Tensions Escalate.

7) Gold-Oil Link Strongest Since October on Europe’s Woes.

8) Copper Falls to 12-Week Low on Signs Global Demand to Ebb.

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

Currency Headlines

1) India’s government is looking to buy back 200 billion rupees ($3.3 billion) of bonds from the central bank and the transaction will probably be completed in September at market prices.

2) The pound rose for a third day against the dollar as concern that Scotland will vote for independence next week ebbed amid optimism the U.K. economy is strengthening.

3) The dollar strengthened against its higher-yielding peers as a measure of currency-market volatility reached its strongest level since February.

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

Tuesday, 9 September 2014

Bajaj Auto launches 2 KTM bikes priced up to Rs 2.05 lakh

The 50-share Nifty index is expected to open flat on Wednesday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial support levels placed around 8,040. Stocks in news are ICICI Bank, NTPC, Bajaj Auto, Hindalco, Wockhardt, Lanco Infratech, Biocon, IRB Infra, and Sesa Sterlite.

Today’s Headlines

1) Cycle makers like Firefox Bikes and Giant press on premium pedal.

2) Bajaj Auto launches 2 KTM bikes priced up to Rs 2.05 lakh.

3) Women's apparel brand eShakti gets funding from IvyCap, IDG Ventures.

4) Godfrey Phillips to diversify into non-tobacco products.

5) Buoyed by Krishna Godavari project, ONGC to see rise in output.

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

Commodity Key Headlines

1) Commodities Drop to Lowest Since January as Dollar Climbs.

2) Private Equity’s Quest for Mines Foundering as Commodities Slide.

3) Gold near 3-Month Low as Drop May Spur Buying Amid Rates Outlook.

4) Former Obama Aide Summers Calls for End of Oil Export Ban.

5) Cheapest U.S. Gasoline since 2010 Set to Get Cheaper.

6) Brent Crude Falls to Lowest in 17 Months on Ample Supply.

7) Corn Slumps to 50-Month Low as U.S. Frost Threat Dwindles.

8) Nickel Tumbles Most in 16 Weeks on Philippines Outlook.

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

Currency Market Headlines

1) India’s rupee fell the most in more than a month and government bonds declined on speculation an improving U.S. economy will prompt the Federal Reserve to bring forward its timetable for increasing interest rates.

2) Currency-market positioning suggests the pound has further to fall before next week’s vote on Scottish independence, even after it tumbled more than 6 percent versus the dollar from this year’s peak in July.

3) The dollar rose to the strongest in almost six years versus the yen as Treasury yields climbed on speculation economic reports this week will back the case for the Federal Reserve to boost interest rates next year.

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

Wednesday, 11 June 2014

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.

 
http://en.wikipedia.org/wiki/Honda


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

Sunday, 8 June 2014

ICICI Bank overtakes HDFC Bank as top private bank employer

The 50-share Nifty index is expected to open higher on Monday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to surpass its earlier record high of 7,592 recorded last week on Friday. Stocks In news are Maruti Suzuki, IDBI Bank, NDMC, Bombay Dyeing, Coal India, Hindustan Zinc, Nectar Life sciences, Divi’s Laboratories, GAIL and Hindustan Motors. 

http://en.wikipedia.org/wiki/HDFC_Bank

Today’s Headlines

1) Dynaflex, largest packing material supplier to e-commerce firms, eyes Rs. 78,000 crore packaging industry.
2) Auto firms like M&M, Tata Motors, Maruti, Hyundai, Renault and Nissan to spend Rs 10,000 crore on new models, facelifts.
3) ICICI Bank overtakes HDFC Bank as top private bank employer.
4) Dalmia Continental puts its 2 olive oil brands on sale.
5) China way ahead of India in renewable energy space.

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

Friday, 25 April 2014

Maruti Suzuki drops after poor Q4 results

Key benchmark indices extended losses and hit fresh intraday low in late trade. The 50-unit CNX Nifty hit its lowest level in more than a week. The market breadth, indicating the overall health of the market was negative.  The market sentiment was hit adversely after the India Meteorological Department (IMD) on Thursday, 24 April 2014, said that the country will likely get below-normal levels of monsoon rain this year. Weakness in Asian and European stocks also hit sentiment on the domestic bourses adversely. The BSE sensex closed at 22688.07 and 188.47 point down.


http://en.wikipedia.org/wiki/Maruti_Suzuki
Who Moved and Why

1) Cera Sanitary ware jumps after strong Q4 earnings.
2) Exide Industries slides after weak Q4 outcome.
3) Maruti Suzuki drops after poor Q4 results.
4) Maruti Suzuki slips after poor Q4 earnings.
5) ICICI Bank slips after Q4 earnings.
6) TTML soars as Docomo to sell stake in Tata Teleservices.
7) Granules India hits record high after stellar Q4 earnings.
8) ALSTOM India, Alstom T&D India in demand.
9) Bharti Infratel gains after strong Q4 earnings.

Read detail analysis report here: - http://rrfinance.com/Reserch/Pdf/07-July/DMR/25_april_equity_closing_update.pdf

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

Sunday, 10 November 2013

Market Outlook- ONGC inducts third offshore supply vessel!

The 50-share Nifty index is expected to open flat following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological level of 6200 levels. Stocks in news are ONGC, GlaxoSmithKline, GATI, Ashok Leyland and Sobha Developers.

Today’s Headlines

1) SBI hikes base rate by 20 BPS as cost of funds shoots up.
2) Bhutan asks India to expedite development of more hydro power projects.
3) Drug companies, distributors slugfest over margins.
4) Canadian hotel chain Four Seasons Hotels and Resorts to scale up in India.
5) ONGC inducts third offshore supply vessel.

Read detail analysis report:- http://www.quora.com/Rahul-Prasad-12/Posts/ONGC-inducts-third-offshore-supply-vessel

Friday, 1 November 2013

Market Wrap-Up: Key benchmark indices edged higher in choppy trade!

Key benchmark indices edged higher in choppy trade on the first trading session of November month as market sentiment was boosted by data showing that foreign funds made massive purchases of Indian stocks on Thursday, 31 October 2013. Data showing strong growth in infrastructure sector output in September 2013 also boosted investor sentiment. The market breadth, indicating the overall health of the market, was positive. The barometer index, the S&P BSE Sensex pared gains after scaling record intraday high. The Sensex closed at 21196.81 and 32.29 point up.

Who Moved and Why

1) Berger Paints gains after good Q2 earnings.
2) GVK Power & Infra spurts on environmental nod for Kevin's Corner Project.
3) AIA Engineering spurts to 52-week high after strong Q2 earnings.
4) Motherson Sumi turns volatile after reporting Q2 results.
5) M&M jumps after reporting strong tractor sales in October.
6) Bank of India spurts on board's nod for preferential allotment of shares.
7) Kalpataru Power gains after strong Q2 results.
8) Century Enka spurts after stellar Q2 earnings.

For detail analysis report please visit: - http://www.quora.com/Rahul-Prasad-12/Posts/Market-Wrap-Up-Key-benchmark-indices-edged-higher-in-choppy-trade

Wednesday, 30 October 2013

Market Outlook - Tracking the momentum!

The 50-share Nifty index is expected to open flat on Thursday tracking muted trend seen in other Asian markets ahead of October F&O expiry. Tracking the momentum, the index is expected to retest its crucial psychological level of 6200-6250 in trade today. Stock in news are Adani Enterprises, ALBK, Alstom T&D India, Bank of Baroda, Cadila Healthcare, DRL, EIH Associated Hotels, GTL, Jindal Saw, Muthoot Finance, Sesa Sterlite, Tube Investments and UBI.

Today’s Headlines

1) Tata to instal 15,000 ATMs in the next 3 years.
2) Banks' loans, deposits grow slower vs RBI's FY14 estimate.
3) No fresh investments unless all approvals in writing: JSPL.
4) Liberal M&A policy in telecom sector likely soon: Kapil Sibal.
5) India wants more FDI from US for aviation sector: Ajit Singh

Read detail analysis report here: - http://www.quora.com/Rahul-Prasad-12/Posts/Market-Outlook-Tracking-the-momentum

Thursday, 24 October 2013

Federal Bank gets FIPB nod to raise foreign shareholding!

The 50-share Nifty index is expected to open lower on Friday following negative trend seen in other Asian markets, while investors will keep a close eye on Idea Cellular which reported its quarterly results post market hours on Thursday. Stocks in news are Idea Cellular, GSFCL, GAIL, TVS Motors, ITC, ICICI Bank, Shoppers Stop, Wockhardt, Power Grid, JK Tyre, Biocon and Deepak Fertiliser.

Today’s Headlines

1) SKS Promoter entity plans to move Company Law Board against SKS Microfinance.
2) Federal Bank gets FIPB nod to raise foreign shareholding.
3) Brace for more power cuts as Phailin hits coal supplies.
4) Trai's bias might end the road for CDMA operators: Auspi.
5) Jet Airways plans to raise $300 million to replace its high cost rupee debt.

Read detail analysis report here: - http://www.quora.com/Rahul-Prasad-12/Posts/Federal-Bank-gets-FIPB-nod-to-raise-foreign-shareholding-2