Rolls-Royce working on new model!

Equity Market Headlines

The 50-share Nifty index is expected to open lower on Wednesday following muted trend seen in other Asian markets. Tracking the momentum, the index is expected to retest its crucial psychological support level of 7700 in trade today. Stocks in news are Hero Motocorp, Bata India, Jubilant Life Sciences, GMR Infrastructure, Coal India, NTPC, HDIL, IL&FS Engineering, Jindal Steel and power and NHPC

Today’s Headlines

1) Rolls-Royce working on new model; to hit market by mid-2016.
2) Kotak Investment, Ambit Capital & Edelweiss look to raise $500 million each for structured debt fund.
3) Government may take over Goa dairy, if new union is strongly opposed.
4) Power Ministry mulls fund to finance hydro projects.
5) Skymet raises $4.5 million to better R&D services.

Commodity Key Headlines

1) Dirtiest Fuel Threatens 700-Year-Old Villages in Europe.
2) U.K. Plans to Criminalize Energy-Market Rigging With New Laws.
3) WTI Falls to Six-Month Low with Demand Seen Declining.
4) Soybean Futures Fall as Rains in U.S. Midwest Seen Boosting Crop.
5) Silver Falls to Six-Week Low, Gold Drops as Dollar Gains.
6) Copper Caps Biggest Loss in 8 Weeks as Dollar Gains.
7) CME to Start EU Gas Futures as Trayport Remains Independent.
8) Baconholics Undeterred by Pig Prices at 30-Year High.

Currency Key Headlines

1) India’s 10-year sovereign bonds fell the most in four months after central bank Governor Raghuram Rajan left interest rates unchanged and pledged to curb inflation.
2) The pound rose for a second day against the euro as a report showed U.K. services output grew at a faster pace in July.
3) Chile’s economy grew less than analysts expected in June, expanding at the slowest pace since the aftermath of an earthquake in February 2010 that devastated the center-south of the country.

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

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

ITC is ready to foray into electronic cigarettes business

The 50-share Nifty index is expected to open flat on Thursday following muted trend seen in other Asian markets, ahead of July F&O expiry due later today. Stocks in news are Maruti Suzuki, ICICI Bank, Dhanuka Agritech, NTPC, GAIL, ITC, HCC, INOX Leisure, Sesa Sterlite, Unitech, Sun Pharma , Ranbaxy, Talwalkars, Monsanto India, EID Parry and Amtek Auto.

Today’s Headlines

1) Temasek Holdings scouts for unlisted companies may focus on consumer goods, healthcare sectors.
2) ICVL buys coal mines in Mozambique for a bargain-basement price of $50 million from Rio Tinto.
3) ITC is ready to foray into electronic cigarettes business.
4) Hindustan Construction Company planning to raise around Rs 2,000 crore to repay debt.

Debt Market Key Headlines

1) India is opening its short-term debt market to foreign investors, but liberalization will be "in a measured way" to avoid causing volatility, central bank governor Raghuram Rajan said on Thursday.
2) Morgan Stanley expects the size of the Indian USD/G3 bond market to nearly triple in size and reach $160 billion by 2018 driven by non-financials.

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

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

The rupee fell toward a seven-week low!

1) China will allow the Yuan to be exchanged directly for British pounds from today in Shanghai as the world’s second-largest economy promotes the use of its currency in global trade and finance.

2) U.K. government bonds advanced for the first time in five days as minutes of the Bank of England’s June 4-5 meeting showed no policy makers voted to raise the benchmark interest rate from a record low.

3) The rupee fell toward a seven-week low on concern India’s trade balance will deteriorate and inflation will quicken as violence in Iraq boosts oil prices.

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

India’s rupee erased gains on speculation..

1) ECB President Mario Draghi reduced the deposit rate to minus 0.10 percent from zero, making the institution the world’s first major central bank to use a negative rate. Policy makers also lowered the benchmark rate to 0.15 percent from 0.25 percent.

2) The euro has weakened 3.1 percent since touching a 2 1/2-year high on May 8 before Draghi sent it tumbling by saying that the Governing Council would be “comfortable” to act in June.

3) India’s rupee erased gains on speculation the central bank intervened to rein in an advance that’s made the currency the best performing in Asia this year after Pakistan’s rupee. 

Debt Market Key Headlines

1) The finance ministry is reportedly examining mergers of the country's state-run banks to create stronger financial institutions. True, Indian banks do not have large enough balance sheets to meet the needs of large rapidly globalizing companies. Small public sector banks could gain economies of scale by merging

2) Also, the global financial crisis in the aftermath of the collapse of Lehman Bros has shown that no country needs a bank that is too big to fail. Small banks, theoretically, do not pose systemic risks and can be allowed to sink.

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

Dollar Declines versus Major Peers Amid Turmoil in Ukraine!

The Indian rupee rose to a three-week high on Friday, posting its first weekly gain in five, helped by dollar selling from state-run banks and tracking gains in regional currencies ahead of a key U.S. jobs growth data later in the day. The 0.7 percent gain in the rupee this week came on the back of large dollar sales by corporate and banks and a recovery in Asian currencies, offsetting a net $1.5 billion in foreign investor selling in debt markets last month that had previously pressured the local unit. The partially convertible rupee closed at 60.16/17 per dollar compared with 60.31/32 on Wednesday, after rising as high as 60.09, a level last seen on April 10.

Today’s Headlines

1) India’s Rupee Has Biggest Weekly Gain in a Month on Dollar Sales.
2) Pound Climbs to 4-Year High on U.K.’s Resurgent Economic Growth.
3) Mexican Peso Posts Longest Rally since November.
4) Brazilian Real Climbs on Speculation Rousseff Support Declining.
5) Dollar Declines versus Major Peers Amid Turmoil in Ukraine.

For detail information please visit: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf

Rupee Strengthens to Eight-Month High on Capital Inflows!

The Indian rupee retreated after earlier hitting its highest level in eight months on Wednesday as importers rushed in to buy dollars, while traders also speculated about possible central bank intervention. The rupee has remained supported by a powerful rally in Indian shares, which touched a record high for an eight consecutive session on Wednesday, on the back of strong foreign inflows. Sentiment was also supported after the Reserve Bank of India kept interest rates on Tuesday as widely expected as it shifts to growth from boosting inflation.

Today’s Headlines

1) India’s Rupee Strengthens to Eight-Month High on Capital Inflows
2) Dollar Strengthens to Two-on the High against Yen
3) High-Frequency Traders Chase Currencies as Stock Volume Recedes
4) Australia’s April 2033 Bond Auction Draws Most Bids in 4 Months
5) Ford to Cut About 950 Jobs in Russia on Weakening Ruble

Read detail analysis report here:- http://www.quora.com/Rahul-Prasad-12/Posts/Rupee-Strengthens-to-Eight-Month-High-on-Capital-Inflows