India to seek clarity on AIIB during Xi Jinping visit!

The 50-share Nifty index is expected to open higher on Wednesday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to reclaim its crucial psychological support level of 7,950. Stocks in news are HeroMotoCorp, Lupin, ALBK, Canara Bank, Reliance Ind, ONGC, Aurobindo Pharma, Apollo Tyres, NTPC, Axis Bank, Apollo Hospitals and GMR Infrastructure.

Today’s Headlines

1) Mahindra & Mahindra in talks to buy Peugeot's scooter unit.

2) India to seek clarity on AIIB during Xi Jinping visit.

3) SAB Miller sales growth rises a marginal 0.5%, slowest in 3 years.

4) Bangalore-based Electronic Cluster raises Rs 14 crore.

5) Reliance Power withdraws from Dadri power project in Uttar Pradesh.

6) Coal India's trade unions defer strike.

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

Currency Market key Headlines

1) The dollar was at almost a six-year high versus the yen as investors weighed the timing for the Federal Reserve’s first interest-rate increase since 2006 before policy makers begin a two-day meeting today.

2) The pound fell toward the weakest in 10 months versus the dollar after a report showed U.K. inflation slowed to match the lowest level in five years.

3) Israel’s Finance Ministry cut its growth forecast for this year and the country’s inflation rate unexpectedly dropped to zero, adding to indications that the war in the Gaza Strip has squeezed domestic consumption.

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

Commodity Key Headlines

1) Gold Trades above Eight-Month Low Before Fed Concludes Meeting.

2) U.S. Steel’s Canada Unit Files for Creditor Protection.

3) Arcelor Mittal Steel Truck Frame Vies With Aluminum.

4) Nigerian Union Strikes in Action That May Curb Crude Oil Exports.

5) Chevron’s Search for Alternative Fuels Stumps Best Minds.

6) Oil Rises as OPEC Sec-General Says Group May Cut Target.

7) Leaky Wells Spur Call for Stricter Rules on Gas Drilling.

8) Soybeans Slump on Outlook for Bumper Crop; Wheat Declines

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

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

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

World Bank to invest $775 million in clean energy!

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 open flat, but should be able to pick momentum later in the day and surpass its previous record high of 7758 hit on 04 July. Stocks in news are ONGC, Reliance Ind, PNB, JSW Steel, GVK Power & Infrastructure, IOC, Lupin, Dena Bank, Tata Power and Indian Hotels.

Today’s Headlines

1) Honda Motorcycle & Scooter to add 1,000 customers touch points in current fiscal.
2) IndoStar Capital Finance to now focus on equities.
3) Consumer goods companies' focus on rural markets pays off.
4) Uniform gas price not on the cards: Oil minister Dharmendra Pradhan.
5) World Bank to invest $775 million in clean energy.
6) Ajay Piramal Group set to buy six road projects.
7) Coal Ministry rejects Jharkhand's plea for restoring mine allocation.

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

Market Wrap-Up: Key benchmark indices surged in late trade!

Key benchmark indices surged in late trade. The barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both, hit record high. The Sensex close at 22702.34 up 358.89 points or 1.61, up about 321 points from the day's low and off close to 34 points from the day's high. The market breadth, indicating the overall health of the market was strong. The BSE Small-Cap index was up nearly 2%.

Who Moved and Why

1) Ramco Systems gains on winning order from MHW.
2) Lupin inches up after USFDA nod for a generic medicine.
3) Neuland Lab gains after opening a new manufacturing facility.
4) Jaihind Projects hits the roof on new order win.
5) Prime Focus surges as technology arm raises funds via OCD issue.
6) RPower gains on achieving boiler lightup for fourth unit of Sasan UMPP.

Read detail analysis report here:- http://rrfinance.com/Reserch/Pdf/07-July/DMR/9Daily__Market_Review_Equity_Bell%20(4).pdf