Showing posts with label ONGC. Show all posts
Showing posts with label ONGC. Show all posts

Wednesday, 3 December 2014

Sahara's next big challenge could be Rs 36,000 crore liability of credit co-operative!

Indian markets are expected to trade in a range on Thursday tracking muted trend seen in other Asian markets. Stocks in news are DLF, Reliance Industries, SAIL, MTNL, ONGC, Central Bank of India, NTPC, NMDC, Suven Life Sciences and Sadbhav Engineering.

Today’s Headlines

1) Sahara's next big challenge could be Rs 36,000 crore liability of credit co-operative.

2) After PepsiCo's Lays and ITC's Bingo, Balaji Wafers to now challenge McCain India in the potato snack segment.

3) Government mulls ways to recover $195.3 million from Reliance Industries.

4) Telangana plans mega pharma city spread over 11,000 acres near Hyderabad.

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

Debt Market Key Headlines

1) India’s 10-year bond yield held near a 15-month low on speculation the central bank will cut its benchmark interest rates next week as sliding oil prices cool inflation.

2) Brent crude dropped 2.4 percent to 75.90 a barrel, easing costs for Asia’s third-largest economy that imports almost 80 percent of its oil. Consumer prices in India rose 5.52 percent in October from a year earlier, the slowest pace since the index was created in January 2012, according to official data.

3) The Reserve Bank of India plans to sell 120 billion rupees ($1.9 billion) of notes via an open-market auction on Dec. 1, it said in a statement after trading closed yesterday. Bonds rose in the past three days on optimism falling oil prices will help curb inflation and prompt the RBI to cut interest rates.

4) India's central bank said on Tuesday it could penalize lenders that help domestic companies raise debt abroad if that fundraising violates external commercial borrowing rules when repatriated to India.

5) India's economic growth probably slowed to around 5 percent in the three months to September, slipping from 5.7 percent in the previous quarter, two senior finance ministry sources said, putting pressure on the central bank to cut interest rates.

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

Commodity Market Headlines

1) Shipping Can Thank OPEC for $29 Billion Saving: Chart of the Day.

2) There Are 300,000 Iraqi Barrels Signaling Oil Glut Will Deepen.

3) Shipping Chokepoint Strangles Ukraine Hopes for U.S. LNG.

4) Canada’s Oil Dividends Threatened as $70 Crude Hurts Cash.

5) Ebola Traps Painkiller Shipment Off Africa as Economies Unravel.

6) Petronas Defers $32 Billion Canada LNG Project Decision.

7) Saudi Oil Discounts to Asia Seen Widening as OPEC Takes on Shale.

8) Biggest Winners and Unluckiest Losers of Global Oil Price Crash.

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

Currency Market Headlines

1) The dollar strengthened to a seven-year high against the yen before U.S. data this week that economists say will back the case for higher interest rates as Japan and Europe ease policy.

2) The pound rose to a three-week high against the euro as a report showing U.K. services expanded in November faster than analysts forecast signaled that the economy is weathering stagnation among its European neighbors.

3) Brazil’s swap rates increased to a two-week high as economists joined investors in projecting that the central bank will raise borrowing costs by a half-percentage point today to curb inflation.

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

Monday, 1 December 2014

Yamaha domestic sales rise 12% in November!

The 50-share Nifty seen opening lower on Tuesday following muted trend seen in other Asian markets ahead of RBI monetary policy due later today. Tracking the momentum, the index is expected to retest its crucial psychological level of 8540-8550 in trade today. Stocks in news are ONGC, M&M, SAIL, Ashok Leyland, Sun Pharma, Ranbaxy, Tata Motors, IRB Infrastructure and FT.

Today’s Headlines

1) General Motors recalls 316,000 vehicles because of malfunctioning headlights.

2) Yamaha domestic sales rise 12% in November.

3) Private equity group Carlyle set to buy out Testimony from New Silk Route.

4) Indian textile industry has potential to touch $500 billion by 2025.

5) TPC-RInfra porting row: Appellate Tribunal for Electricity flays MERC decision.

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

Debt Market Key Headlines

1) India’s 10-year bond yield held near a 15-month low on speculation the central bank will cut its benchmark interest rates next week as sliding oil prices cool inflation.

2) Brent crude dropped 2.4 percent to 75.90 a barrel, easing costs for Asia’s third-largest economy that imports almost 80 percent of its oil. Consumer prices in India rose 5.52 percent in October from a year earlier, the slowest pace since the index was created in January 2012, according to official data.

3) The Reserve Bank of India plans to sell 120 billion rupees ($1.9 billion) of notes via an open-market auction on Dec. 1, it said in a statement after trading closed yesterday. Bonds rose in the past three days on optimism falling oil prices will help curb inflation and prompt the RBI to cut interest rates.

4) India's central bank said on Tuesday it could penalize lenders that help domestic companies raise debt abroad if that fundraising violates external commercial borrowing rules when repatriated to India.

5) India's economic growth probably slowed to around 5 percent in the three months to September, slipping from 5.7 percent in the previous quarter, two senior finance ministry sources said, putting pressure on the central bank to cut interest rates.

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

Commodity Market Key Headlines

1) Funds Cut Bullish U.S. Oil Bets Before OPEC Price Rout.

2) Globe-Trotting Vale CEO Faces Wall Street as Iron Plunges.

3) U.K. Oil Producers Press for Tax Cuts as Crude Prices Collapse.

4) Copper in London Declines on Oil, China Manufacturing Weakness.

5) Cotton Outlook Cut by Australia to Five-Year Low on Dryness.

6) Wheat Crop Seen Lower in Australia as Dry Weather Cuts Yield.

7) CME Boosts Crude Futures Margins to Near Two-Year High.

8) Billionaire Shale Pioneer Sees Drilling Slowdown on Oil Price Drop OPEC Slump.

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

Wednesday, 26 November 2014

Debt Market Key Headlines

1) Oil prices dropped early on Wednesday as Asia's top economies showed signs of weakness, but hopes for output cuts by producer club OPEC curbed losses.

2) U.S. Treasuries yields fell on Tuesday, with long-dated ones hitting their lowest in over a month, after a strong auction of five-year notes and a single major bid for long-dated U.S. debt.

3) India could give banks more flexibility to restructure distressed loans in a bid to steer funding towards cash-strapped infrastructure projects, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Tuesday.

4) India's central bank said on Tuesday it could penalize lenders that help domestic companies raise debt abroad if that fundraising violates external commercial borrowing rules when repatriated to India.

5) India's economic growth probably slowed to around 5 percent in the three months to September, slipping from 5.7 percent in the previous quarter, two senior finance ministry sources said, putting pressure on the central bank to cut interest rates.

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

A maker of McVitie’s to expand product portfolio in India

The 50-share Nifty index is expected to open flat on Thursday following muted trend seen in other Asian markets ahead of November F&O expiry. Stocks in news are ONGC, NMDC, MRF, BoB, Crompton Greaves, SpiceJet, Texmaco Rail & Engineering, Cox & Kings, Tata Power and Ranbaxy Laboratories.

Today’s Headlines

1) Mercedes to rev up India sales with launch of C200 petrol sedan; CLA sedan coming next year.

2) Western Union keen to apply for payments bank license.

3) A maker of McVitie’s to expand product portfolio in India.

4) Report on ONGC-RIL gas row expected by June: Dharmendra Pradhan.

5) Government likely to auction 49 coal blocks to private companies in pilot round.

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

Sunday, 16 November 2014

Microsoft co-founder Bill Gates invests in Unitus Seed

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 reclaim its crucial psychological level of 8400 in trade today. Stocks in news are Tata Motors, GMR Infra, United Breweries, GVK Power and Infra, SpiceJet , JSW Energy , Jaiprakash Power Ventures, ONGC, Apollo Hospitals, HDFC Bank and Sun Pharmaceuticals.

Today’s Headlines

1) Passenger vehicle sales may stay flat this year: ICRA.

2) Tata Motors' Mayank Pareek bets on new models, rural.

3) Microsoft co-founder Bill Gates invests in Unitus Seed.

4) L'Oreal to open 100 million case hair-colour plant in Himachal Pradesh by mid-15.

5) Only 0.006% ready to give up LPG subsidy.

6) Government to finally shut terminally ill PSUs like HMT.

7) Watches, Tungbhadra Steel and others.

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

Debt 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) Vale Iron-Ore Head Martins Leaves as Price Collapses.

2) Rothschild Proposes ARMS Share Sale to Reduce Debt Burden.

3) China Trade Pact Set to Deliver Relief for Australian Coal Mines.

4) Mounting Pressure on OPEC Spurs More Wagers on Oil Rally.

5) Halliburton, Baker Lie Low after Proxy Fight Threatened.

6) Bunker Lawyers Identify One Car for Creditors as Assets Reviewed.

7) Oil Slide Prompts Iran’s Oil Minister to Visit U.A.E.

8) Nickel Rises to Two-Week High on Strike Concerns, Weaker Dollar.

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

Sunday, 9 November 2014

Navi Mumbai to house largest solar panel installation on dam

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 previous record high of 8365.55 in trade today. Stocks in news are L&T, PSU Bank, KFA, Coal India, Deepak Fertilizers, Muthoot Finance, FT, ONGC, Ashok Leyland, Future Retail, Bank of Maharashtra and Central Bank of India

Today’s Headlines

1) Carmakers offer discounts on lower-than-expected sales in Sept and Oct.

2) Supreme Court upholds jail term for director of Nagarjuna Finance.

3) Web & mobile-driven sales at McDonald’s, KFC on the rise, helping them cut costs by half.

4) Navi Mumbai to house largest solar panel installation on dam.

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 Market Key Headlines

1) Russia, China Add to $400 Billion Gas Deal with Accord.

2) Gold Bulls Accelerate Retreat to This Year’s Fastest Pace.

3) Zinc Climbs for Third Day as U.S., China Demand Outlook Improves.

4) Bullish Oil Wagers Cut in Sign of Growing OPEC Skepticism.

5) Retail Sales, Obama in Asia, G-20, Paschi: Week Ahead Nov. 10-15.

6) U.S. Gasoline Falls to $2.9421/Gallon in Lundberg Survey.

7) Japan Expands, Extends Oil Storage Lease Contract with Abu Dhabi.

8) LME Proposes Rules to Prevent Market Abuse at Warehouses.

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

Currency Market Headlines
1) The pound dropped to the lowest level in 13 months against the dollar before a report economists said will show the U.S. labor market is strengthening.

2) Gold was little changed near the lowest in four years, set for a weekly drop, as the dollar headed for its biggest weekly gain in more than 16 months. Silver traded near the lowest since 2010.

3) Brazil’s swap rates rose as a report showing inflation stayed above target and the announcement of fuel-price increases added to speculation that the central bank will keep raising borrowing costs.

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

Monday, 20 October 2014

Government extends validity of industrial licences to 7 years!

The 50-share Nifty index is expected to open higher on Tuesday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to reclaim its crucial psychological level of 7900 in trade today. Stocks in news are Idea Cellular, HDFC Bank, ONGC, Hero Motocorp, Jindal Saw, SKS Microfinance, NTPC, IFCI, BGR Energy and UltraTech Cements.

Today’s Headlines

1) Toyota recalls 247,000 vehicles in US over Takata air bag issue.

2) Government extends validity of industrial licences to 7 years.

3) SBI to carry on operations in UK despite crackdown on foreign banks.

4)
Electronics sector to get Rs 5,000 crore investments in 2 to 3 years.

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

Commodity Key Headlines


1) Gold Holds Near Five-Week High on Global Outlook as SPDR Shrinks.

2)
Iran Shuns Image as OPEC Hawk While Seeking Sanctions End.

3) Ebola’s Economic Fallout Can’t Be Quarantined in Africa.

4) Triple Whammy Looms for China’s Oil Refiners as Crude Plunges.

5) China’s ‘Aggressive’ Electric Car Ambitions to Boost Aluminum.

6) Seed Makers Continue Offering Coated Soybeans.

7) Sumitomo’s Loss Shows Shale Isn’t Booming for Everybody.

8) WTI Crude Oil Seen Supported Near $75 a Barrel.

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

Today’s Headlines

1)
India’s 10-year bond yield slumped to a 13-month low and the rupee advanced after the government boosted efforts to cut energy subsidies and the budget deficit. The fuel policy changes come after global oil prices fell to a four-year low this month, helping reduce costs for India, which buys about 80 percent of its oil abroad. Keeping diesel affordable to the nation’s poor cost the government and oil producers about 4 trillion rupees ($65 billion) in the past 10 years, according to oil ministry data.

2)
The dollar fell versus higher-yielding currencies as traders speculated on the Federal Reserve’s pace for interest-rate increases amid slowing global growth.

Read detail analysis 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

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

Sunday, 21 September 2014

Toshiba Lighting looking to set up manufacturing base in India!

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 8100 in trade today. Stocks in news are BPCL, BOSCH, Syndicate Bank, Bajaj Auto, ONGC, Hotel Leela Venture, Power Grid, Maruti Suzuki, GlaxoSmithKline Phara, Bharti Infratel, Aegis Logistics and SBI.

Today’s Headlines

1) Maruti Suzuki aims to make hybrids affordable, offer technology on cars from Alto to Swift hatchback.

2) Toshiba Lighting looking to set up manufacturing base in India.

3) MMTC-PAMP aims to sell 1.5 lac Royal Mint's Sovereign this year.

4) Pakistan water experts to inspect 120-MW Miyar hydropower project.

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 Market Headlines

1) Hedge Funds Make Record Bet on Lower U.S. Diesel Prices.

2) Grupo Mexico’s Buenavista Copper Mine Beset by More Flooding.

3) Japan’s UACJ to Boost Aluminum Output as LNG Tanker Demand Rises.

4) Merkel’s Taste for Coal Poised to Upset $130 Billion Green Drive.

5) Al-Amoudi to Invest $500 Million in Ethiopian Coffee, Oranges.

6) Copper Drops for Fourth Day as China Manufacturing Seen Slowing.

7) G-20 Warns of Potential Market Risks Amid Uneven Growth.

8) China Beats Europe in Per-Capita Pollution for First Time.

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

Today’s Headlines

1) Scotland voted to stay in the U.K. in a referendum on independence, stepping back from a breakup of the 307-year-old union while wringing promises of more financial power from Prime Minister David Cameron.

2) Asian currencies dropped for a third week, the longest run of losses since January, as the prospect of higher U.S. interest rates dimmed the appeal of emerging-market assets.

3) The U.S.’s AAA credit-ranking was affirmed by Fitch Ratings, which maintained its stable outlook, while citing nation’s unparalleled financing flexibility and economic recovery.

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

Tuesday, 16 September 2014

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

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, 3 September 2014

Cipla to invest around Rs 600 crore in R&D this year

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 8,100 in trade today. Stocks in news are ONGC, Coal India, Dhanlaxmi Bank, Oriental Bank of Commerce, DLF, Axis Bank, Federal Bank, Idea Cellular and BHEL.

Today’s Headlines

1) Fitch retains rating of SBI, ICICI, BoB, PNB and other banks.

2) Deloitte to advise Carnation Hospitality on Barista business.

3) Essar plans to raise $250 million from Russian bank to buy out minority shareholders.

4) Coal India Limited unions serve 3-day 'work-to-rule' ultimatum from September 18.

5) Cipla to invest around Rs 600 crore in R&D this year.

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

Commodity Headlines

1) Brazilian Senate Approves Higher Ethanol Mandate.

2) Argentina’s Grobo Seeks M&A as Agribusiness Consolidates.

3) Brent Rebounds From 16-Month Low on Russia-Ukraine Talks.

4) Grain Prices Drop on Easing Tensions in Black Sea Region.

5) Modi Vies With Widodo as India Set to End Diesel Subsidy.

6) Palladium Falls to Two-Week Low on Russia-Ukraine Talks.

7) Nickel Reaches Four-Week High on Philippine Supply Risks.

8) Ukraine Buys Coal From South Africa After Mines Ruined.

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

Currency Market Headlines

1) India’s rupee rose the most in more than a week after foreigners boosted holdings of local assets amid reviving economic growth and indications of progress toward a Russian-backed cease-fire with Ukraine.

2) Australia’s dollar rose as central bank Governor Glenn Stevens said he’s unwilling to push house prices higher to try to reduce unemployment, boosting bets policy makers are content to refrain from cutting rates.

3) A gauge of future price swings for the pound against the dollar jumped by the most in almost six years as a survey showed support for Scottish independence is rising before this month’s referendum.

Find full technical report here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf

Tuesday, 2 September 2014

Mundra tariff: States to meet Goyal tomorrow; firms seek help

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 support level of 8000 in trade today. Stocks in news are NTPC, Jaiprakash Associates, ONGC, Cipla, Tata Steel, SBI, Apollo Hospitals, Hero Motocorp, TVS Motor, IFCI, Ashok Leyland, PFC & REC and Punj Lloyd.

Today’s Headlines

1) Car sales surge for fourth successive month, auto makers gear up for festive season with new launches.

2) Electronics companies like Sony, Samsung, Panasonic and others track store sales to stop resale of products.

3) Mundra tariff: States to meet Goyal tomorrow; firms seek help.

4) Coal block allocation: Supreme Court to decide on government's plea to spare operational mines.

Technical 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.
 
Find full technical analysis report: - http://www.rrfinance.com/reserch/MorningBell/Db_MorningBell.pdf

Commodity Key Headlines

1) Putin Faces Debt to Import Curbs as EU Weighs Sanctions.

2) Petroleum Reserve to Cut Import-Shock Risks: Corporate India.

3) Palm Oil Seen Rebounding by Sime’s Dass as Demand Recovers.

4) Aluminum Leads Metals Higher on Stimulus Bets for China, Europe.

5) China Banks Boost Precious Metals Hoard Amid Lease Demand.

6) Brent Oil Extends Two-Month Slump Amid OPEC Expansion.

7) Speculators Turn More Bullish on Oil Before Labor Day.

8) Copper Declines on China’s Manufacturing Data for August.
 
Find full technical report here: - http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf

Today’s Headlines

1) The euro reached the lowest level in almost a year against the dollar as signs the region’s economy is under performing that of the U.S. damped demand for the shared currency.

2) After gold’s rally in the first half of the year beat gains for commodities, equities and Treasuries, bullion is back to being out of favor with investors. Hedge funds cut their bullish gold bets for the fourth week in five, sending holdings to a two-month low.

3) India’s rupee declined a third day on speculation the central bank intervened to prevent a stronger currency from hurting a revival in the economy.

Find full technical report here:- http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf

Monday, 1 September 2014

Putin Faces Debt to Import Curbs as EU Weighs Sanctions

Commodity Market Headlines

1) Putin Faces Debt to Import Curbs as EU Weighs Sanctions.

2) Petroleum Reserve to Cut Import-Shock Risks: Corporate India.

3) Palm Oil Seen Rebounding by Sime’s Dass as Demand Recovers.

4) Aluminum Leads Metals Higher on Stimulus Bets for China, Europe.

5) China Banks Boost Precious Metals Hoard Amid Lease Demand.

6) Brent Oil Extends Two-Month Slump Amid OPEC Expansion.

7) Speculators Turn More Bullish on Oil Before Labor Day.

8) Copper Declines on China’s Manufacturing Data for August.

Find full report of commodity news: - http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf

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 support level of 8000 in trade today. Stocks in news are NTPC, Jaiprakash Associates, ONGC, Cipla, Tata Steel, SBI, Apollo Hospitals, Hero Motocorp, TVS Motor, IFCI, Ashok Leyland, PFC & REC and Punj Lloyd.

Today’s Headlines

1) Car sales surge for fourth successive month, auto makers gear up for festive season with new launches.

2) Electronics companies like Sony, Samsung, Panasonic and others track store sales to stop resale of products.

3) Mundra tariff: States to meet Goyal tomorrow; firms seek help.

4) Coal block allocation: Supreme Court to decide on government's plea to spare operational mines.

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 full report here: - http://www.rrfinance.com/reserch/MorningBell/Db_MorningBell.pdf  

Wednesday, 27 August 2014

Polaris Industries launches new bike Indian Scout

The 50-share Nifty index is expected to open higher on Thursday following positive trend seen in other Asian markets ahead of August F&O expiry. Tracking the momentum, the index is expected to reclaim its crucial psychological level of 7950 in trade today. Stocks in news are SUN TV, ONGC, CIL, NHPC, DLF, Piramal enterprises, FT, MCX, ITD Cementation, Jet Airways, Spice Jet, NTPC, Maruti Suzuki, UPL and Central Bank.

Today’s Headlines

1. Polaris Industries launches new bike Indian Scout.
2. Maruti Suzuki to challenge CCI penalty says order lacks understanding.
3. ASK Pravi Capital acquires Gateforum, eyes more buyouts in test preparation industry.
4. US hamburger chain Wendy's to make India debut in 2015, ties up with Sierra Nevada.
5. Philips to locally manufacture 80% domestic appliances by 2015.

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 Market Headlines

1. Cotton Seen at 2009 Low by Gap’s Indian Partner on China.
2. Gold-Price Indicator Fading as ETPs Tumble by $71 Billion.
3. Canadian Ports Win as Ships Avoid U.S. on Labor Concern.
4. Fonterra’s Spierings Sees Dairy Prices Rising on Chinese Demand.
5. Corn Extends Drop as U.S. Crop Seen Climbing to Record.
6. Gold Holds Near Two-Month Low on Waning Investor Demand.
7. Gasoline Drops as U.S. Demand Seen Slipping; WTI Steady.
8. Tyson to Sell Hog-Trading Unit in Hillshire Merger Accord.

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

Currency Market Headlines

1. The euro rose from its lowest in almost a year after Germany’s finance minister said comments by European Central Bank President Mario Draghi advocating support for euro-zone fiscal policy were “over-interpreted.”
2. Volatility in India’s rupee dropped for a fifth day as signs of easing tensions in Ukraine and the Middle East bolstered confidence in emerging-market assets.
3. South Korea’s won climbed to the strongest level in seven weeks as gains in global equities supported demand for emerging-market assets.

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

Sunday, 24 August 2014

RBI may allow NBFCs to lend against all categories of shares!

The 50-share Nifty index is expected to open higher on Monday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological level 7,900 in trade today. Stocks in news are ONGC, OIL, Reliance Inds, Jet Airways, FT, GAIL, TCS, ITC, Jindal Steel and Asian Paints.

Today’s Headlines

1) Hero Cycles acquires 60 per cent stake in German bicycle company MIFA.
2) RBI may allow NBFCs to lend against all categories of shares.
3) Jagdishpur-Phulpur-Haldia pipeline project to spur development in Bihar.
4) Jindal Stainless Limited selected for Annual Greentech Safety Award.

Visit:- 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.

View Report here:- http://www.rrfinance.com/reserch/MorningBell/Db_MorningBell.pdf

Commodity Key Headlines

1) Hedge Fund Crude Bets Tumble amid Surging Global Supply.
2) Kurdish Oil Shipments From Turkey Said to Resume as Tanker Loads.
3) California Quake Crumples Buildings as Scores Are Hurt.
4) Gold Drops toward Two-Month Low as Silver Slips to 10-Week Low.
5) U.S. GDP, Housing, Ukraine, Tennis, Emmys: Week Ahead Aug. 25-30.
6) Cheapest Crude since January Cuts Gas to $3.48 a Gallon.
7) Rhodium Rally Pushes Price Past Platinum, Gold: Chart of the Day.
8) Wheat Gains Most in 1 Week as Canada Crop Reduces Supply.

Find technical report here:- http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf

Wednesday, 20 August 2014

Tata Motors to launch two car models every year till 2020

The 50-share Nifty index is expected to open flat 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 7850-7870 in trade today. Stocks in news are Reliance Industries, Hindustan Zinc, SAIL, Tata Steel, Tata Motors, ONGC, DLF, TVS Motors, GCPL, Deepak Ferrilizers, Venus Remedies, Dr Reddy’s Lab and Jindal Saw.

Today’s Headlines

1) Tata Motors to launch two car models every year till 2020.

2) TVS Motor launches Scooty Zest; eyes 18% market share.

3) Empays Payment Systems mulls to raise $10 million to expand business in India and overseas.

4) Damodar Valley Corp to suspend power supply to Madhya Pradesh.

Currency Market Headlines

1) India’s rupee rose to the highest level in three weeks on speculation the government’s efforts to cut the budget deficit will draw more funds from overseas.

2) Brazil’s central bank has eased rules on reserve requirement for a second time this quarter in a bid to boost credit in a slowing economy.

3) The pound strengthened as the Bank of England said two policy makers wanted an interest-rate increase this month, marking the first split on rates in more than three years and the first under Governor Mark Carney.

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

Key Headlines

1) Foreign institutional investors (FIIs) have poured a record amount of money into the Indian debt market with year-to-date inflows of $13.7 billion, higher than inflows of around $12.04 billion into the equity market. There is a lot of demand for Indian bonds from foreign investors because yields are quite attractive for carry trade and the rupee has also been stable.

2) Indian 10 year yields have remained elevated at around 8.8%, more attractive than the yields on the 10-year US treasury bonds at around 2.5%, even after factoring in a possible depreciation of the rupee.

Read full story here:- http://www.rrfinance.com/reserch/MorningBell/Db_MorningBell.pdf

Monday, 18 August 2014

Wall Street rallies on M&A blitz and homebuilder data

Global markets are strongly positive and Nifty is expected to open high with most of the sectors expected to perform well. New highs can be made today and Pharma, FMCG, Power, Infra and select midcaps are expected to perform well.

Today’s Headlines

1) Wall Street rallies on M&A blitz and homebuilder data
2) Asian markets gain; Nikkei, Straits Times rise
3) FinMin to give in-principle approval for UTI MF IPO soon
4) FDI in automobile sector drops 85% in April-May this year
5) Bankers tighten noose on Bhushan Steel; appoint auditors
6) ONGC divestment by end-August; govt to hire bankers
7) BSE revises equity transaction charges
8) Planning Comm can be replaced by Productivity Comm

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

Debt Market Key Headlines   

1) Foreign institutional investors (FIIs) have poured a record amount of money into the Indian debt market with year-to-date inflows of $13.7 billion, higher than inflows of around $12.04 billion into the equity market. There is a lot of demand for Indian bonds from foreign investors because yields are quite attractive for carry trade and the rupee has also been stable.
2) Indian 10 year yields have remained elevated at around 8.8%, more attractive than the yields on the 10-year US treasury bonds at around 2.5%, even after factoring in a possible depreciation of the rupee.

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

Sunday, 6 July 2014

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

Sunday, 22 June 2014

Asian Paints keen to expand global footprint

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 reclaim its crucial psychological level of 7,550 in trade today. Stocks in news are Bank Of India, Railways Stocks, ONGC, Jindal Steel & Power, L&T, Coal India, SAIL, Hindustan Zinc, Gammon Infrastructure, ESSAR Oil, SBT, Emami, United Bank of India, UCO Bank and J Kumar Infra projects.

Today’s Headlines

1) Asian Paints keen to expand global footprint.
2) Ruias get Board nod to de-list Essar Oil from Indian bourses.
3) GCA to be appointed to resolve ONGC-RIL dispute.
4) Operations resume in Bhilai Steel Plant after a week's shutdown.
5) CK Birla group up Rs 270 crore investments in healthcare.
6) United Bank of India to rise up to Rs 1,600 crore to grow lending.

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