Coal India slips after weak Q4 results!

Equity benchmarks remained under pressure with the Nifty trading below the 7300 level on expiry day, weighed down by heavyweights like Infosys, Reliance Industries and HDFC twins. Hindalco Industries rebounded, gaining nearly 3 percent after fourth quarter earnings.  The barometer index, the S&P BSE Sensex, close at 24234.15 and down 321.94 points or 1.31%, off close to 294.05 points from the day's high and up about 27.65 points from the day's low.

Who Moved and Why

1) Alphageo (India) hits the roof on turnaround Q4 numbers.
2) Coal India slips after weak Q4 results.
3) Hindalco reverses intraday fall after declaring Q4 result.
4) Bajaj Electricals slumps after reverse turnaround in Q4.
5) IOC gains after Q4 results.
6) Excel Crop Care spurts after robust Q4 earnings.
7) Escorts slips after weak quarterly earnings.
8) Tata Global Beverages drops after weak Q4 results.
9) Nalco declines after weak Q4 outcome.
10) Hero MotoCorp slips after Q4 results. 

Read detail analysis report here: - http://rrfinance.com/Reserch/Pdf/07-July/DMR/29_may_equity_closing_update.pdf

Market Outlook-Nifty index is expected to open!

The 50-share Nifty index is expected to open flat following mixed trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological level of 6800 in trade today. Stocks in news are Infosys, Reliance Ind, Astra zeneca, Tata Steel, USL and Bhart.

Today’s Headlines

1) Infosys Q4 net may fall 1.4%, FY15 guidance key to watch
2) March CPI, WPI, Q4 earnings key triggers for mkt next week
3) Gruh Finance Q4 net up 16.7%, approves 1:1 bonus issue
4) Sun Pharma to make Rs 18cr open offer to Zenotech shareholders
5) NSE releases new guidelines for futures and options
6) I-T dept files affidavit claiming Vodafone committed fraud
7) India leads global remittances with USD 70 bn in 2013

Read detail analysis report here: - http://rrfcl.weebly.com/1/post/2014/04/market-outlook-nifty-index-is-expected-to-open.html

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A Government security is a tradable instrument issued by the Central Government or the State Governments. It acknowledges the Government’s debt obligation. Such securities are short term (usually called treasury bills, with original maturities of less than one year) or long term (usually called Government bonds or dated securities with original maturity of one year or more). In India, the Central Government issues both, treasury bills and bonds or dated securities while the State Governments issue only bonds or dated securities, which are called the State Development Loans (SDLs).

Government securities carry practically no risk of default and, hence, are called risk-free gilt-edged instruments.

a. Treasury Bills (T-bills):

Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by the Government of India and are presently issued in three tenors, namely, 91 day, 182 day and 364 day. Treasury bills are zero coupon securities and pay no interest. They are issued at a discount and redeemed at the face value at maturity.

b. Dated Government Securities:

Dated Government securities are long term securities and carry a fixed or floating coupon (interest rate) which is paid on the face value, payable at fixed time periods (usually half-yearly). The tenor of dated securities can be up to 30 years.

c. State Development Loans:

(SDLs) State Governments also raise loans from the market. SDLs are dated securities issued through an auction similar to the auctions conducted for dated securities issued by the Central Government. Interest is serviced at half-yearly intervals and the principal is repaid on the maturity date. Like dated securities issued by the Central Government, SDLs issued by the State Governments qualify for SLR. They are also eligible as collaterals for borrowing through market repo as well as borrowing by eligible entities from the RBI under the Liquidity Adjustment Facility (LAF).

Please visit for full notes:- http://www.quora.com/Rahul-Prasad-12/Posts/What-is-a-Government-Security