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

Sunday, 19 October 2014

Tata Motors' Jaguar Land Rover plans to set up factory in US

The 50-share Nifty index is expected to open higher on Monday following positive trend seen in other Asian markets and SGX Nifty. Tracking the momentum, the index is expected to reclaim its crucial psychological level of 7,900 in trade today. Stocks in news are IOC, HPCL, BPCL, Infosys, IFCI, ITC, Central Bank of India, IDBI Bank, Coal India, MOIL, JSPL, Canara Bank and Tata Motors.

Today’s Headlines

1) Tata Motors' Jaguar Land Rover plans to set up factory in US.

2) Three fund houses in race to manage Rs 69,000 crore coal miners' PF corpus.

3) Insurance claims pouring in from cyclone-hit Andhra Pradesh and Odisha.

4) RBI allows Repco Home Finance to raise foreign shareholding to 49%.

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) Hedge Funds Cut Bullish Bets on Crude as Prices Tumble.

2) Corn Extends Drop as Dry Weather Seen Aiding Record U.S. Harvest.

3) Guinea Says Ebola Spreads to Regions Near AngloGold Mine.

4) Deeper Oil Slump a ‘Disaster’ Risk for Australian LNG Projects.

5) Oil Workers Earning $179,000 Expose Norway to Crude Crash.

6) Oil Drop Outpacing Ruble Strains Russia Budget: Chart of the Day.

7) Texas Roughnecks Overrun Best Western as Boom Lives On.

8) The $2 Trillion Megacity Dividend China’s Leaders Oppose: Cities.

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

Currency Market Headlines

1) The Indian government named former International Monetary Fund official Arvind Subramanian as its new chief economic adviser, a position left vacant for a year after Raghuram Rajan was appointed central bank governor.

2) Russia’s credit rating was cut to the second-lowest investment grade by Moody’s Investors Service, which cited sluggish growth prospects worsened by the crisis in Ukraine and international sanctions.

3) Brazil’s real advanced for the first time in four days on speculation opposition candidate Aecio Neves’s performance in a presidential debate yesterday will give him momentum as the election runoff approaches.

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

Sunday, 28 September 2014

United India Insurance keen to re-enter overseas markets!

The 50-share Nifty index is expected to open lower on Monday 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 FT, MCX, Federal Bank, KFA, Oil India, ONGC, IDBI Bank, Muthoot Finance, Deepak Fertilisers, Haladia Petrochemicals and DLF.

Today’s Headlines

1) Bank unions threaten month-long stir as wage talks fail again.

2) United India Insurance keen to re-enter overseas markets.

3) Centre may cap number of subsidized LPG cylinders at 9 to bring down deficit.

4) Coal ministry may cancel one coal block allocation to Reliance Power's Sasan project.

Read equity 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 debt report here: - http://www.rrfinance.com/reserch/MorningBell/Db_MorningBell.pdf

Today’s Headlines

1) India’s rupee headed for the biggest weekly drop in almost two months on concern companies may have to source higher-priced coal from overseas after a court ruling put the nation’s mines up for auction.

2) Asian currencies declined for a fourth week, led by Malaysia’s ringgit and the Philippine peso, as an improving U.S. economy bolstered speculation the Federal Reserve will raise interest rates next year.

3) The yen fell, approaching the weakest in six years versus the dollar, on speculation Japan’s government will push ahead with reforms that would allow the nation’s $1.2 trillion pension fund to buy more overseas assets.

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

Commodity Headlines

1) Soybeans Drop to Four-Year Low as China Suspends Import Approval.

2) Russia Oil Chief Says Sanctions No Bar to Arctic Drilling.

3) Klein Constantia Restores African Wines Fit for Napoleon.

4) Refinery Failures Spur Bets on Higher U.S. Gasoline.

5) Hedge Funds Raise Bullish Cocoa Bets on Ebola Concerns.

6) Senate Democrats Urge CFTC Review of LME Aluminum Trading.

7) Russia Says Arctic Well Drilled With Exxon Strikes Oil.

8) Monsanto GMO Wheat Found in Montana as Oregon Probe Ends.

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

Wednesday, 6 August 2014

Nano relocation from Bengal hit marketability

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 support level of 7650 in trade today. Stocks in news are KTK, Lupin, IOC, Bharti Infratel, Bata India, IDBI Bank and JSPL.

Today’s Headlines

1) Nano relocation from Bengal hit marketability: Ratan Tata.
2) Audi to launch entry-level sedan in Rs 22-27 lakh price range to woo young consumers.
3) RBI asks asset reconstruction companies to invest 15% in securities receipts.
4) Sequoia, Tenaya Capital and Nexus Venture Partners invest Rs 150 crore in Druva.
5) Adani in talks with Indian Oil for Rs 30,000 crore Mundra refineries JV.

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

India’s rupee slumped the most in six months!

1) India’s rupee slumped the most in six months as demand for dollars increased after U.S. data signaled the world’s largest economy is improving.
2) The dollar rose to the strongest level in almost nine months versus the euro as signs the U.S. economy is strengthening and tensions over Ukraine are increasing boosted the appeal of American assets.
3) The pound weakened for the first time in three days versus the dollar and yields on Britain’s government bonds dropped to a one-year low on concern the U.K.’s economy is falling short of analysts’ expectations.

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

Gold Holds Advance After Biggest Gain in Three Weeks on Ukraine!

1) Gold Holds Advance After Biggest Gain in Three Weeks on Ukraine.
2) Gun-Toting Explorer Dodges Jaguars as Gold Hunt Revives.
3) Hawaii Prepares for Two Hurricanes Bearing Down From East.
4) Putin Retaliates Against Sanctions With Food-Import Limits.
5) Molycorp Rises after Agreeing to $400 Million Financing.
6) Resolute Forest Seeking to Acquire or Build Lumber Mills.
7) Wheat Raises Most Since April as Ukraine Tensions Mount.
8) Mine Spill in B.C.’s Cariboo Leads to State of Emergency.

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

Tuesday, 26 November 2013

Weakness in Asian and European stocks hurt investor sentiment adversely!

Key benchmark indices edged lower in choppy trade, with selling intensifying towards the latter part of the trading session. Weakness in Asian and European stocks hurt investor sentiment adversely. The market breadth, indicating the overall health of the market, was negative. The barometer index, the S&P BSE Sensex, was down 180.06 points or 0.87%, up close to 10 points from the day's low and off about 235 points from the day's high. Asian and European stocks fell as investors’ awaited data on the US housing market and US consumer confidence.

Who Moved and Why

1) PSU OMCs witness profit booking.
2) Sun Pharma inches up after Taro begins share buyback offer.
3) Aban Offshore jumps nearly 29% in two sessions.
4) Volumes jump at United Spirits counter.
5) DIC India soars over 40% in two sessions.
6) IDBI Bank slips after S&P downgrade Hospitality stocks in demand.
7) United Spirits slips after Diageo offers to sell W&M whisky biz.

Read detail analysis report here: - https://www.apsense.com/article/weakness-in-asian-and-european-stocks-hurt-investor-sentiment-adversely.html