SEBI tightens insider trading, delisting norms

The Indian equity market is likely to open flat today. Global cues, meanwhile, are positive with the US markets ending slightly negative. European market closed with minor gains on upbeat data from Euro. Asian markets to be trading mixed.

Today’s Headlines

1) Wall St Edges lower as Fed minutes offer few clues on rates

2) SEBI tightens insider trading, delisting norms

3) Coal Ministry prepares draft norms on block allocation

4) FIIs hike stake in Infosys to 42.67% in Jul-Sep quarter

5) Stocks in news: SBI, DLF, HSIL, Indiabulls Securities

6) Fitch rates NTPC's proposed USD 2-bn notes secure

7) Stake in HDFC Bk intact; credit growth @ 20% in 5 yrs: HDFC

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, and 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) Natural gas shoots up on chilly U.S. weather forecasts

2) Crude gains on talk of OPEC action, U.S. supply report weighs

3) MCX Silvermic February contract rises

4) Crude Oil price slump hurts India rubber farmers

5) India to have 20lakh tonne surplus Sugar in 2014-15: ISMA

6) Cotton: Market intervention efforts strengthen on fall in prices

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

Organic Coffee Threatened by Global Warming-Stoked Fungus!

Commodity Market Key Headlines

1) Coffee Rally Spurs Shipper to Expand: Corporate India.

2) No Named Storms First Time Since 2000 at Peak.

3) Organic Coffee Threatened by Global Warming-Stoked Fungus.

4) Fracking in Scotland Is One Solution to Higher Gas Costs.

5) Coffee Reserves in Vietnam Seen Shrinking to Lowest Since 2011.

6) Tropical Storm Odile Forecast to Threaten Western Mexico.

7) Canada Snow Seen Extending Harvest Delays for Wheat Crops.

8) Huntsman Wins Approval to Buy Rockwood Pigment Unit.

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

Currency Market Headlines

1) The rupee has risen from an all-time low of 68.845 per dollar in August 2013, and is up 1.5 percent this year, touching a six-week high of 60.1975 on Sept. 8. It slipped back to an almost one-month low of 61.035.

2) Rupee slid to a four-week low on concern improving U.S. economic data will encourage the Federal Reserve to increase interest rates, eroding the attraction of higher-yielding assets elsewhere.

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

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

CAG pulls up PowerGrid for loss in revenue!

The 50-share Nifty index is expected to open flat on Tuesday following muted trend seen in other Asian markets. However, investors will keep a close eye on outcome of RBI policy review due today which is likely to dictate the trend for the markets. Stocks in news are TATA Steel, DLF, Aurobindo Pharma, Marico, Pfizer, Unitech, Prestige Estate, Purvankara, Power Grid, TBZ, Tata Communications and SRF.

Today’s Headlines

1) SAIF Partners, Accel Partners and Sequoia Capital to invest up to $10 million in Rockstand.

2) Hidesign accuses Woodland for infringing copyright laws by copying its designs.

3) ITC hikes price of select cigarette brands by up to Rs 10 per pack.

4) CAG pulls up PowerGrid for loss in revenue.

5) Sesa Sterlite to spend Rs 8,000 crore on expansion.

6) Weather, law & order problems hit Coal India output.

 Currency Headlines

1) The euro traded at almost its lowest level versus the dollar since November as investors held the largest position in two years betting on a drop in the currency before the region’s central bank meets this week.

2) India’s rupee rose the most in three weeks after disappointing U.S. jobs data eased speculation the Federal Reserve will raise interest rates.

3) Ghana will seek immediate talks with the International Monetary Fund to help stem the world’s worst currency slide, ending four months of contradictory statements from the government about whether it needs emergency aid.

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

Indian rupee rose, snapping two days of losse!

Currency Market Headlines
 
1) India’s rupee rose, snapping two days of losses, on speculation exporters repatriated earnings to take advantage of the currency’s drop to a seven-week low.


2) Gold fell from a three-week high in New York on speculation the U.S. Federal Reserve will ease monetary stimulus after a two-day policy meeting that starts today. Silver also declined.

 

 3) The pound fell for the first time in five days against the dollar after U.K. inflation dropped to its lowest rate in 4 1/2 years in May, damping speculation the Bank of England will raise interest rates sooner than forecast.

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

Fortescue in Talks to Order Four More Ore Ships to Reduce Costs

Currency Key Headlines

1) India’s rupee fell for a second day amid speculation importers were buying dollars to pay bills.

2) U.S. stocks rose as Federal Reserve Chair Janet Yellen told lawmakers the central bank must press on with monetary stimulus as “significant slack” remains in labor markets and inflation is still below the Fed’s goal.

3) Global regulators published details of their plans to overhaul foreign-exchange benchmarks in response to allegations traders colluded to manipulate rates in the $5.3 trillion-a-day currency market.

Commodity Key Headlines

1) Eni’s ‘Italian Thatcher’ May Face Down Unions to Shut Refineries.

2) Corn Option Betting on 23% Gain Was Most-Traded Yesterday.

3) Fortescue in Talks to Order Four More Ore Ships to Reduce Costs.

4) California Drought Cuts Water for Farming to Record Lows.

5) Zinc Rises on Falling Stockpiles, China’s Economic Data.

6) Gold Trades below $1,300 as U.S. Dollar Strength Hurts Demand.

7) Oil Trade Dormant Since ’10 Revives as Brent Spreads Grow.

8) WTI Oil Falls Below $100 a Barrel as Supply Risks Abate.

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

Crude oil fell about $1

1) Crude oil fell about $1 on Wednesday on encouraging signs for supply from Libya and Iraq, notching the lowest close in almost three weeks despite a big draw in U.S. oil inventories.

2) U.S. Treasuries yields rose on Wednesday after more robust than expected private-sector jobs data ratcheted up expectations for a stronger U.S. nonfarm payrolls report on Thursday.

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

 

Currency Headlines

1) India’s rupee retreated from a three-week high on speculation the central bank sought to curb gains and importers boosted dollar purchases.

2) Federal Reserve Chair Janet Yellen said concerns about financial stability shouldn’t prompt a change in current monetary policy while flagging “pockets of increased risk-taking” in the financial system.

3) Employers added more workers than projected in June and the unemployment rate fell to an almost six-year low of 6.1 percent, underscoring a brighter U.S. labor market that will help spur the economy.

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