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 8500 and head higher to touch its fresh record highs.
Today’s Headlines
1) CCI probes RRBs’ merger promoted by Syndicate Bank, PNB for possible breach of norms.
2) Business deal between Swiss giant Montblanc, Dilip Doshi goes sour.
3) Power minister Piyush Goyal says government will act soon to resolve fuel scarcity issue.
4) Kerala tax waiver may offer respite to FACT.
5) Experimental Ebola vaccine appears safe in human trials.
6) Coal supply to power plants in Maharashtra improving.
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 Key Headlines
1) Alberta Producers with World’s Cheapest Oil Face Cascading Woes.
2) Oil Tumbles on OPEC; Yen Slides, Bonds Gain on Inflation.
3) Rio Tinto to Increase Returns Amid Cut to Project Budget.
4) Oil in New Era as OPEC Refuses to Yield to U.S. Shale.
5) Copper Falls as Strike at Antamina Mine Ends Amid Oil’s Decline.
6) Gold Set to Snap Three Weeks of Increases on Lower Energy Prices.
7) Norway Says Oil Price Shock Won’t Trigger Policy Adjustment.
8) Platinum Declines as ETF Holdings Post Biggest Drop in 6 Months.
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf
Today’s Headlines
1) CCI probes RRBs’ merger promoted by Syndicate Bank, PNB for possible breach of norms.
2) Business deal between Swiss giant Montblanc, Dilip Doshi goes sour.
3) Power minister Piyush Goyal says government will act soon to resolve fuel scarcity issue.
4) Kerala tax waiver may offer respite to FACT.
5) Experimental Ebola vaccine appears safe in human trials.
6) Coal supply to power plants in Maharashtra improving.
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 Key Headlines
1) Alberta Producers with World’s Cheapest Oil Face Cascading Woes.
2) Oil Tumbles on OPEC; Yen Slides, Bonds Gain on Inflation.
3) Rio Tinto to Increase Returns Amid Cut to Project Budget.
4) Oil in New Era as OPEC Refuses to Yield to U.S. Shale.
5) Copper Falls as Strike at Antamina Mine Ends Amid Oil’s Decline.
6) Gold Set to Snap Three Weeks of Increases on Lower Energy Prices.
7) Norway Says Oil Price Shock Won’t Trigger Policy Adjustment.
8) Platinum Declines as ETF Holdings Post Biggest Drop in 6 Months.
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf
