Monthly Archives: November 2013

Asian and European stocks rose after US employment!

High volatility was witnessed as key benchmark indices regained strength soon after trimming intraday gains in mid-afternoon trade. The market was volatile as traders rolled over positions in the futures & options (F&O) segment from the near month November 2013 series to December 2013 series. The market breadth, indicating the overall health of the market, was positive. Gains in Asian and European stocks underpinned sentiment on the domestic bourses. Asian and European stocks rose after US employment and consumer confidence reports boosted optimism in the world’s largest economy. The BSE Sensex closed at 6091.85 and 34.75 point up.

Bank of Baroda in Dubai

Bank of Baroda in Dubai (Photo credit: Wikipedia)

Who Moved and Why

1) Gujarat NRE Coke spurts after multiple block deals.
2) Bank of Baroda turns volatile as board to consider preferential share allotment.
3) Dr Reddy’s Labs gains on likely boost in Toprol sales.
4) Nestle India drops as overseas parent says no plan to hike stake.
5) Godrej Consumer Products surges after block deals.
6) M&M gains ahead of press conference.
7) Edelweiss Financial gains over 4% in two sessions.
8) Eicher Motors spurts nearly 11% in three sessions.

Read detail analysis report here: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/28th_Nov_equity_closing_update.pdf

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Market Wrap-Up:Bhel drops on profit booking!

Key benchmark indices provisionally ended a tad lower for the day in what was a lackluster trading session. The barometer index, the S&P BSE Sensex, closed down 4.76 points or 0.02 %, up close to 65 points from the day’s low and off about 70 points from the day’s high. The market breadth, indicating the overall health of the market, was negative. Index heavyweight and cigarette major ITC rose, Maruti Suzuki India dropped in choppy trade after the car major announced the recall of a total of 1,492 vehicles for replacing defective steering column. IT stocks declined as the rupee edged higher against the dollar.BHEL India

Who Moved and Why

  • Sobha Developers tumbles on profit booking.
  • LIC Housing Finance drops after a block deal.
  • Eicher Motors jumps nearly 6% in two sessions.
  • DIC India extends recent steep rally on delisting offer.
  • Bharti Infratel turns volatile after a block deal.
  • Bhel drops on profit booking.
  • Wockhardt slumps after FDA alert on Chikalthana plant.
  • Aban Offshore drops after recent rally Westlife.
  • Development drops after block deals.

Read detail analysis report here: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/27th_Nov_equity_closing_update.pdf

RR Financial Consultants:- http://www.rrfinance.com/

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Tata Power gains after inking MoU with Vietnam govt!

Trading for the week began on an upbeat note as key benchmark indices surged as crude oil prices dropped after the US and five other world powers agreed with Iran on Sunday, 24 November 2013, to ease part of an economic stranglehold in exchange for steps aimed at capping Iran’s nuclear program and ensuring the country’s Islamist government doesn’t rush to develop atomic weapons The market breadth, indicating the overall health of the market, was positive. The BSE Sensex closed at 20605.08 and 387.69 point up.

English: Wordmark of Tata Power

English: Wordmark of Tata Power (Photo credit: Wikipedia)

Who Moved and Why

1) Shares of state-run upstream oil firms rise.
2) Offshore oil services providers in demand.
3) Valecha Engineering jumps after winning order.
4) NHPC gains as share buyback to begin from Friday.
5) Volumes jump at Hatsun Agro Product counter.
6) DIC India hits the roof on delisting plan.
7) Cairn India gains over 4% in two sessions.
8) Tata Power gains after inking MoU with Vietnam govt.
9) Pfizer, Wyeth in demand.
10) PSU OMCs jump after brent crude declines.

Read detail analysis report here: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/25th_Nov_equity_closing_update.pdf

RR Research Information:- http://www.rrfinance.com/Reserch/ResearchHome.aspx

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Know your Life Insurance policy!

See on Scoop.itLife Insurance General Insurance FAQs

What is Life Insurance?

Life Insurance is a contract between you and a life insurance company, which provides your beneficiary with a pre-determined amount in case of your death during the contract term. Buying insurance is extremely useful if you are the principal earning member in the family. In case of your unfortunate premature demise, your family can remain financially secure because of the life insurance policy that you have purchased. The primary purpose of life insurance is therefore protection of the family in the event of death. Today, insurance is also seen as a tool to plan effectively for your future years, your retirement, and for your children’s future needs. Today, the market off .

RR Financial Consultants‘s insight:

What is a cash value life policy?

A cash value life policy covers you for your lifetime. “Cash value” means that premiums generally stay level during the premium payment period. The policy not only provides insurance benefits when you die, but it also builds up a dollar value from your premium payments and investment returns. You can borrow against this value with a policy loan or redeem it for cash at any time before the policy matures. Whole life, universal life and extra value life are some of the more popular forms of cash value life policies.

What kind of life insurance should I buy?

If you have long-term needs – for example, if you require life-long protection for premature death, retirement income or cash to settle your estate – then you should consider cash value insurance. Likewise, if you need protection for a specified period of time, perhaps to pay off a loan or mortgage in the event of your death, term insurance may be the right choice for you. Apply now to get a free quote on term life insurance at affordable rates.

Can I increase my life insurance coverage?

Usually, you can increase your coverage with a new policy or by adding a rider to your existing policy. However, a universal life policy can be increased without a rider or new policy. All coverage increases require you to provide evidence of insurability to your insurer.

What are the definitions of “convertible” and “renewable?

Convertible” and “renewable” are provisions in a term insurance policy. With a convertible policy, the policyowner has the option to exchange the policy for another insurance plan without evidence of insurability. However, term policies can only be converted to cash value policies. With a renewable policy, the policyowner can renew (or extend) the policy at the end of its term without evidence of insurability. When a policy includes both provisions, they continue until specified ages and then stop. Premium rates increase at each renewal, based on the insured’s age

For more information please visit:- https://www.rrfinance.com/Insurance/Life%20Insurance/Default.aspx OR

https://www.rrfinance.com/Insurance/General%20Insurance/Default.aspx OR

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Jaiprakash Associates shrugs off weak Q2 results!

Key benchmark indices surged to fresh intraday high in late trade as firmness in Asian stocks boosted sentiment. The S&P BSE Sensex was up 451.32 points or 2.21%, up 282.78 points from the day’s low and off 9.64 points from the day’s low. The market breadth, indicating the overall health of the market, was positive. All the 13 sectoral indices on BSE were in the green. In the foreign exchange market, the rupee strengthened against the dollar.

The Mumbai Stock Exchange stands tall, and is ...

The Mumbai Stock Exchange stands tall, and is scaling new heights (Photo credit: Wikipedia)

Who Moved and Why

1) RInfra gains after commissioning transmission line in Maharashtra.
2) Natco Pharma gains after strong Q2 earnings.
3) Jaiprakash Associates shrugs off weak Q2 results.
4) TCS gains as company unveils new software development facility in Gujarat.
5) NTPC inches up as power plant begins movement of imported coal.
6) Amara Raja Batteries hits record high after strong Q2 earnings.

Read detail analysis report:- http://rrfinance.com/Reserch/Pdf/07-July/DMR/18th_Nov_equity_closing_update.pdf

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What factors should I consider when I insure my home?

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RR Financial Consultants‘s insight:

Firstly determine the amount and type of insurance that you need. The sum insured or coverage limit of the property should equal 100% of its replacement cost. If the policy limit is less than 85% of the replacement cost of your home, any payment from the insurance company will be less than the full cost to replace your home  This is known as  Under Insurance . Over and above the basic Fire Insurance, decide which, if any, additional coverage you want to add to your policy.

 

For example, do you want personal possessions or household contents covered against theft or burglary, cover against the risk of civil commotion here in Bali or, separately issued, earthquake and volcanic eruption coverage. Once you have decided on the coverage you want in your insurance policy, consult us.

 

We will be able to help you determine if there are any gaps in coverage you might not have been aware of, we can also explain the details of the policy’s exclusions and limitations as well as recommend an insurance company that will live up to your expectations.

 

For more information please visit:- http://www.rrfinance.com

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Investors must know about Currency fluctuation

See on Scoop.itShare Brokers in India

We’re all aware that currencies move up and down relative to each other. Just ask any holiday maker how a difference in the exchange rate can make them feel

RR Financial Consultants‘s insight:

Exchange rates specify how much one currency is worth compared to another. For example, an exchange rate of $1 to the Indian Rs. 54.41 means that Rs. 54.41 you have will be worth $1 when you go to America. In addition to the official exchange rate, you might find that you’re charged commission when you want to change some currency; this is because exchange bureaus want to make a profit on their dealings.

Read full article here:- http://www.allvoices.com/contributed-news/15934584-investors-must-know-about-currency-fluctuation

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Ashok Leyland drops on reverse turnaround in Q2!

Key benchmark indices edged lower, in what was a highly volatile trading session after global credit rating agency Standard and Poor’s (S&P) today, 7 November 2013, warned that it may lower India’s rating to speculative grade from investment grade next year if the government that takes office after the general election fails to provide a credible plan to reverse the country’s low economic growth. The barometer index, the S&P BSE Sensex, provisionally settled below the psychological 21,000 mark, after regaining that level in early afternoon trade. The BSE Sensex closed at 20822.77 and 72.77 point down.

New U Truck from Ashok Leyland (U3123T)

New U Truck from Ashok Leyland (U3123T) (Photo credit: Wikipedia)

Who Moved and Why

  • Triveni Turbine drops after poor Q2 numbers.
  • Info Edge (India) spurts to record high.
  • Bhel extends slide after poor Q2 outcome.
  • Wockhardt jumps on UK regulator nod for Kadaiya unit.
  • Sobha Developers jumps after good Q2 earnings.
  • Bajaj Electricals surges on new orders win.
  • Visaka Industries tumbles after reporting net loss in Q2.
  • Thermax declines after weak Q2 outcome.
  • Ashok Leyland drops on reverse turnaround in Q2.

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

Related articles  Ashok Leyland sales plunge in October (news.in.msn.com)

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Gains in Asian stocks supported domestic bourses.

A bout of volatilty was witnessed as key benchmark indices regained positive terrain after slipping into the red for a brief period in mid-morning trade. Gains in Asian stocks supported domestic bourses. The S&P BSE Sensex was currently below the psychological 21,000 mark, having alternately swung above and below that mark in intraday trade. The Sensex was down 41.23 points or 0.20%. The market breadth, indicating the overall health of the market, was strong.

Cognizant's Delivery Center in Chennai, India.

Cognizant’s Delivery Center in Chennai, India. (Photo credit: Wikipedia)

Who Moved and Why

  • Divi’s Lab inches up amid volatility after two block deals.
  • IT stocks in demand as Cognizant raises full year profit and revenue forecast.
  • SBI turns volatile after announcing hike in lending rates.
  • Central Bank of India extends Tuesday’s rally.
  • Bajaj Auto falls as October sales decline.
  • TCS in demand on securing contract from Zions Bancorporation.
  • State Bank of Travancore drops after poor Q2 numbers.

Read detail analysis report here: – http://www.rrfinance.com/Reserch/Pdf/07-July/Mid%20Session/06_nov_MidSession%20Update.pdf

Related articles Sensex falls 105 points in early trade on profit-booking

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