New RBI norms: NBFCs can now only accept top-grade shares as collateral

The 50-share Nifty index is expected to open higher on Friday 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 United Spirtis, Ranbaxy Lab, HDFC Bank, OMCs, Wipro, Canara Bank, Jyothi Lab, CEAT, SpiceJet, GlaxoSmithKline Consumer Healthcare and United Breweries.

Today’s Headlines

1) Carzonrent to induct 120 Mercedes C Class sedans.

2) Tata Motors to set up hub-and-spoke model abroad.

3) New RBI norms: NBFCs can now only accept top-grade shares as collateral.

4) Kishore Chhabria joins fray for 50% rights of disputed brandy brand Mansion House.

5) Allied Blenders & Distillers picks up 50% ownership rights in Mansion House brandy.

6) Scanty rainfall drives up power deficit, spot power prices.

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

Debt Market Key Headlines

1) International Finance Corporation (IFC), the World Bank's private-sector financing arm on Wednesday launched bonds worth $2.5 billion in the Indian market to fund infrastructure projects and private energy and to boost energy supply over the next five years.

2) Indian firms, including some with junk rating, is finding it cheaper to raise funds in money markets of Asia where demand for bonds floated by these companies has surged. Prices of these bonds have risen in the secondary market soon after their issuance in the offshore markets.

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

Currency Market Headlines

1) The dollar gained to the strongest level since September versus the euro after U.S. policy makers raised the possibility they may raise interest rates sooner than anticipated.

2) India’s rupee fell for the first time in four days on concern the Federal Reserve will increase interest rates, reducing the flow of funds to emerging markets.

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

Honda Motors' global recall to cover Accord in India!

The 50-share Nifty index is expected to open flat on Wednesday following muted trend seen in other Asian markets. Stocks in news are Idea, TTK Prestige, Tata Steel, Parasvnath Developers, DLF, Reliance Infr, IRB Infra, GMR Infra, EIL and Indian Hotels Company.


Today’s Headlines

1) Honda Motors' global recall to cover Accord in India.
2) Maruti plans big, to launch six cars in the next 5 months.
3) RBI sets time frames for approvals for licenses, fundraising.
4) Arvind Lifestyle to invest Rs 126 crore as capital expenditure this fiscal.
5) JSW Energy keen to acquire Lanco’s Udupi thermal power plant.
6) US company Abraxis Bio Sciences denied patent on anti-cancer drug.

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

RBI's liquidity coverage rule may adversely affect some banks!

The 50-share Nifty index is expected to open lower on Tuesday following muted trend seen in other Asian markets. Tracking the momentum, the index may retest its crucial psychological support level of 7,500 in trade today. Stocks in news are DLF, Yes Bank, Tata Power, Essar Steel, Lupin, Sesa Sterlite, Mahindra Lifespace, NBFC Stocks, ONGC and Hindustan Zinc.
 

 Today’s Headlines

1) RBI's liquidity coverage rule may adversely affect some banks.
2) Asian Paints Ltd to buy Ess Ess Bathroom's front-end sales business.
3) Oil Ministry may cap ethanol blending in petrol at 10%.
4) Larsen & Toubro Construction bags Rs 1,027 crore orders.
5) Tata Housing to spend Rs 3,000 cr to buy land across major cities.

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

GMR Infra drops on buzz of fund raising via QIP!

Not much of action seen on Dalal Street with a bit of prof booking. The Sensex was down 37.69 points at 25190.48 and the Nifty was down 8.55 points at 7533.55. GAIL, TCS, Sun Pharma, Infosys and BHEL were top gainers in the Sensex. Among the losers were Axis Bank, M&M, L&T, HDFC and Tata Motors.

 Who Moved and Why

1. Granules India gains after paracetamol unit passes USFDA inspection.
2. Titagarh Wagons gains after foraying into biz.
3. Central Bank of India gains after fixing price for preferential allotment.
4. Nitesh Estates gains after signing a new development project.
5. GMR Infra drops on buzz of fund raising via QIP
6. Dish TV surges after recent slide.
7. Yes Bank firms up after good advance tax numbers

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

India’s central bank signaled it would ease monetary policy if inflation..

Currency Market Today’s Headlines

1) India’s central bank signaled it would ease monetary policy if inflation slows faster than anticipated as it left interest rates unchanged for a second straight meeting. Stocks rose to a record high.

2) The pound rose against the dollar as a report showed U.K. house prices climbed to a record in May amid an economic recovery that sent the British currency to an almost five-year high last month.




 

3) India’s benchmark stock index rose to a record after the RBI’s rate decision and the yield on the 10-year government bond fell to 8.61 percent from 8.66 percent yesterday.

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

The Indian rupee strengthened to an 11-month high

The Indian rupee strengthened to an 11-month high on Monday, gaining for a fourth consecutive session as strong foreign inflows led domestic equities to record closing highs after the election of a new government to be led by Narendra Modi. However, continued central bank dollar-buying capped broader gains, with traders expecting the Reserve Bank of India to continue stepping in as it looks to build up its foreign exchange reserves. Data on Friday showed India's dollar reserves surged to a more than two-year high of $313.83 billion for the week to May 9, the highest since Nov. 11, 2011.

 Today’s Headlines

1) Gold Climbs on Speculation of India Relaxing Import Restrictions
2) India’s Rupee Advances to 11-Month High After BJP Wins Majority
3) Yen Rises to 3-Month High versus Dollar on Risk Aversion
4) Pound Falls versus Euro as Carney Warns of Housing Risks
5) Kenyan Shilling Slumps on Concern Attacks May Cut Tourism

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

Market Outlook-HDFC Bank Q4: Analysts expect PAT growth at 26%

Nifty is technically in uptrend and may continue in that direction today. Poll sentiments are supporting this uptrend and results are also positive. But Rupee can cause a negative surprise and markets being at all time high can panic. Cautious trading is recommended and investors should partly book profits in their long positions. Aggressive new longs are not advised. But at the same time short positions should also be avoided.  Opening is likely to be flat and HDFC Bank’s Q4 results are to going to be the highlights of the day.

Today’s Headlines

1) SC allows iron ore mining in Goa with upper limit of 20mt
2) PwC forensic audit report may put fat tax liability on MCX
3) Mitsubishi deal to add $300m to revenue in FY15: TCS
4) HDFC Bank Q4: Analysts expect PAT growth at 26%, 16% in NII
5) RBI wary, not against, corp-backed banks: Sources
6) Stocks in news: HDFC Bank, Tata Metaliks, MCX, Jet
7) L&T calls off merger talks with Future Generali Insurance
8) Wonderla Holidays IPO subscribed 42% on Day 1

Read detail analysis report here:- http://www.quora.com/Rahul-Prasad-12/Posts/Market-Outlook-HDFC-Bank-Q4-Analysts-expect-PAT-growth-at-26

Indian rupee rallied to an eight-month high!

The Indian rupee rallied to an eight-month high, boosted by continued foreign fund inflows into domestic shares, but suspected dollar purchases by the central bank prevented the currency from gaining much further. The RBI has long been expected to start buying dollars when the rupee strengthens to add to foreign exchange reserves of $297.29 billion-the highest since late December 2011. The central bank's Dollar purchases would reflect the strength of a rupee rally. The RBI had to regularly buy the domestic currency just about half a year ago to keep it from hitting record lows.

Today’s Headlines

1) India’s Rupee Climbs to Eight-Month High on Election Optimism
2) Aussie Rises to 4-Month High; Franc Falls
3) Pound Advances against Euro as Weale Says Rates Should Increase
4) Gold Trades above Five-Week Low as Ukraine, Weighed

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

Market Outlook- Positive trend were seen in Asian markets!

The 50-share Nifty index is expected to open flat on Tuesday following positive trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological support level of 6080 in trade today as index may come under some selling pressure at higher levels. Stocks in news are Apollo Hospitals, Reliance Communication, Fortis Healthcare, Hindalco, IOC, Apollo Tyres, Reliance Infra and Corporation Bank.

Today’s Headlines

1) Lending rates may not rise despite deposit rate hike.
2) Vodafone, ICICI bring 'M-Pesa' to North-east.
3) Union Bank raises deposits rates, no plan to raise lending rates.
4) Tussle over KG-D6 output: Reliance Industries to furnish bank guarantee.
5) Luminous Power Technologies opens inverter battery unit in TN.

Read detail analysis report here: - http://www.quora.com/Rahul-Prasad-12/Posts/Market-Outlook-Positive-trend-were-seen-in-Asian-markets

The index is expected to retest its crucial psychological level of 6200 levels!

The 50-share Nifty index is expected to open flat following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological level of 6200 levels. Stocks in news are ONGC, GlaxoSmithKline, GATI, Ashok Leyland and Sobha Developers.

Today’s Headlines

1) SBI hikes base rate by 20 BPS as cost of funds shoots up.
2) Bhutan asks India to expedite development of more hydro power projects.
3) Drug companies, distributors slugfest over margins.
4) Canadian hotel chain Four Seasons Hotels and Resorts to scale up in India.
5) ONGC inducts third offshore supply vessel.

Read detail analysis report: - http://rrfinance.tumblr.com/post/66255493446/the-index-is-expected-to-retest-its-crucial

Market Wrap-Up: Key benchmark indices edged higher in choppy trade!

Key benchmark indices edged higher in choppy trade on the first trading session of November month as market sentiment was boosted by data showing that foreign funds made massive purchases of Indian stocks on Thursday, 31 October 2013. Data showing strong growth in infrastructure sector output in September 2013 also boosted investor sentiment. The market breadth, indicating the overall health of the market, was positive. The barometer index, the S&P BSE Sensex pared gains after scaling record intraday high. The Sensex closed at 21196.81 and 32.29 point up.

Who Moved and Why

1) Berger Paints gains after good Q2 earnings.
2) GVK Power & Infra spurts on environmental nod for Kevin's Corner Project.
3) AIA Engineering spurts to 52-week high after strong Q2 earnings.
4) Motherson Sumi turns volatile after reporting Q2 results.
5) M&M jumps after reporting strong tractor sales in October.
6) Bank of India spurts on board's nod for preferential allotment of shares.
7) Kalpataru Power gains after strong Q2 results.
8) Century Enka spurts after stellar Q2 earnings.

For detail analysis report please visit: - http://www.quora.com/Rahul-Prasad-12/Posts/Market-Wrap-Up-Key-benchmark-indices-edged-higher-in-choppy-trade

Max Life posts 11% growth in new business premium in H1!

The 50-share Nifty index is expected to open higher on Tuesday tracking positive trend seen in other Asian markets, while investors will keep a close eye on the Reserve Bank of India (RBI) which is scheduled to hold its second-quarter review of monetary policy today. Stocks in news are Ashok Buildcon, Delta Corp, Jai Corp, JM Financial, JSW Steel, Jubilant Sciences, Mahindra Holidays, Marico, NTPC, Ranbaxy Laboratories and Pidilite Industries.

Today’s Headlines

1) Not considering change in ownership structure: Federal Bank.
2) Max Life posts 11% growth in new business premium in H1.
3) Oil ministry to ask RIL to surrender 5 KG-D6 gas finds.
4) Mumbai airport's main runway shutdown delayed by 3-4 days.
5) Petrol may be cheaper by Rs 1.50 before Diwali.

For detail analysis report: - http://www.quora.com/Rahul-Prasad-12/Posts/Max-Life-posts-11-growth-in-new-business-premium-in-H1