Announcement of Federal Reserve’s monetary policy review!

A bout of volatility was witnessed in late trade as key benchmark indices provisionally settled marginally lower after turning positive after cutting entire intraday losses. Investors remained wary ahead of the announcement of Federal Reserve’s monetary policy review later in the global day today, 30 April 2014. The market breadth, indicating the overall health of the market, was weak. The BSE Mid-Cap index fell nearly 1% and the BSE Small-Cap index slipped over 1%. Fed’s bond-buying program has been a source of liquidity for most Asian and emerging markets. The BSE Sensex closed at 22417.80 and 48.39 point down.

Equity Closing Update

Who Moved and Why

1) Marico turns volatile after Q4 earnings.
2) Shriram Transport Finance slips after weak Q4 numbers.
3) OBC slips on muted growth in Q4 net profit.
4) BASF India drops after weak Q4 results.
5) Strong Q4 result powers Swaraj Engines.
6) Advanta gains after strong Q1 earnings.
7) Cipla gains in volatile trade after clarification.
8) Kesoram Industries tumbles as net loss widens in Q4.
9) TVS Motor spurts 11.55% in two days on turnaround Q4 results.

Resource:- http://www.wallstreetoasis.com/blog/announcement-of-federal-reserves-monetary-policy-review

REC turns volatile after board’s nod for raising funds!

Key benchmark indices edged lower for the second day in a row triggered by the India Meteorological Department (IMD) on Thursday, 24 April 2014, announcing that the country will likely get below-normal levels of monsoon rain this year. The barometer index, the S&P BSE Sensex, close down by 56.45 points or 0.25%, off close to 80 points from the day’s high and up about 45 points from the day’s low. The market breadth, indicating the overall health of the market, turned positive from negative in late trade. The S&P BSE Mid-Cap index was up nearly 1%.

Equity Closing Graph

Who Moved and Why

1) Godrej Consumer Products drops on poor Q4 result.
2) Symphony surges after stellar Q3 earnings.
3) REC turns volatile after board’s nod for raising funds.
4) Wockhardt jumps as Himachal Pradesh lifts ban.
5) Shree Cement drops after weak Q3 earnings.
6) Volumes jump at National Buildings Construction Corporation counter.
7) Sasken Communication tumbles after weak sequential earnings in Q4.
8) UPL hits record high on good Q4 outcome.
9) Siemens gains after strong Q2 results.

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

Systematic Investment Plan (SIP)-Smarter Way to Meet Your Goals

See on Scoop.it – Mutual Fund

SIP is an investment program that allows you to contribute a fixed amount (as low as Rs. 1000/-) in mutual funds at regular inte.. – A PowerPoint presentation

RR Financial Consultants‘s insight:

For best terms please contact nearest RR Branch or Call 01123636363 or Visit:- http://rrfinance.com/Mutual%20Fund/Mutual_Fund_Home.aspx

 

See on www.authorstream.com

The Indian rupee hit a one-month low!

The Indian rupee hit a one-month low on Monday and posted its worst single-day fall since March 20, weighed down by good dollar demand from oil and gas importers and as tension in Ukraine kept global markets on the edge. Still, broader falls in the rupee were capped as domestic shares hit record highs, surpassing previous all-time highs hit on April 10, as banks rallied ahead of their financial results starting this week. The partially convertible rupee closed at 60.59/60 per dollar after hitting 60.61, it’s lowest since March 24 and weaker than Thursday’s close of 60.29/30. The unit fell 0.5 percent, its biggest single-day fall since March 20.

Indian Rupee

Today’s Headlines

1) Yen Falls Versus Major Peers after Japan’s Trade Deficit Widens
2) Manulife Favors Asian Dollar Bonds for Currency Advantage
3) Venezuela Will Align Exchange Rates, BofA Says
4) Yellen Sees Muted Inflation as Unemployment Curbs Wages
5) Brazilian Swap Rates Drop Most in a Week after Report
6) Ruble Drops 2nd Day as Ukraine Clash Casts Doubt on Geneva

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

Canadian Dollar Falls as Central Bank Signals Slow Export Growth!

The Indian rupee dropped for a third straight session on Wednesday, its worst falling streak since late-January, as profit-taking in the domestic share market by offshore investors hurt the local unit. Overseas investors, the primary drivers behind the stock market gains, sold cash shares worth 216.3 million rupees ($3.59 million) and equity derivatives worth 12.18 billion rupees on Tuesday – their second straight session of selling. The partially convertible rupee closed at 60.37/38 per dollar compared with 60.23/24 on Tuesday. The unit moved in a range of 60.20 to 60.43 during the session.

USD vs INR

Today’s Headlines

1) Dollar Falls as Yellen Pledges to Support Economy; Pound Gains
2) Yellen’s Mind-the-Gap Goals Rule Says Rates Stay Low
3) Canadian Dollar Falls as Central Bank Signals Slow Export Growth
4) Ruble Snaps Three-Day Retreat on Bets Ukraine Incursion Unlikely
5) Dollar Strengthens Against Yen as Risk Appetite Increases

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

Currency Market: The Indian rupee continued to falter!

The Indian rupee continued to falter, retreating from an eight-month high hit last week, to post its second consecutive weekly fall after data showed the trade deficit widened to a five-month high in March. The data – showing the trade deficit widening to $10.5 billion from $8.13 billion in February on the back of falling exports – revived concerns about the current account deficit after a recent sharp narrowing. Investors will now be closely eyeing the consumer inflation data due on Tuesday, as well as the start of corporate earnings results next week, for a better snapshot of the domestic economy.

Pre Opening Currency Market

Today’s Headlines

1) Dollar Holds Gain Before Manufacturing, Yellen; Aussie Weakens
2) Mexico’s Local Bonds Slump After Debt Offering
3) Retail Sales in U.S. Increased in March by Most Since 2012
4) Ruble Falls With Stocks as Ukraine Unrest Spurs Sanctions Threat
5) Brazilian Real Bears Foiled by Presidential Election

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

IndusInd Bank slips as foreign investment reaches trigger limit!

Key benchmark indices edged lower in choppy trade on the last trading session of the week after the latest data showed that India’s merchandise exports fell for the second month in a row in March 2014. The barometer index, the S&P BSE Sensex, close down 86.37 points or 0.38%, off close to 57 points from the day’s high and up about 89 points from the day’s low. Weakness in Asian and European stocks and overnight steep slide in US stocks hit sentiment on the domestic bourses adversely.

Who Moved and Why

1) NMDC hits 52-week high after declaring FY 2014 production, dispatches data.
2) Shasun Pharma, Sequent Scientific edge higher.
3) Ester Industries gains after preferential allotment of convertible warrants.
4) HDIL hits 52-week high as foreign fund hikes stake.
5) Sanghi Industries jumps after large bulk deal.

6) IndusInd Bank slips as foreign investment reaches trigger limit.
7) GTL Infra surges after allotment of shares upon FCCB conversion.

Read detail analysis report here:- http://rrfinance.com/Reserch/Pdf/07-July/DMR/11Daily__Market_Review_Equity_Bell%20(4).pdf

Realty stocks edged higher on renewed buying!

Key benchmark indices edged lower as investors turned cautious ahead of beginning of the 9-phase Lok Sabha elections on Monday, 7 April 2014. The barometer index, the S&P BSE Sensex, close down by 149.57 points or 0.66%, off close to 198 points from the day’s high. Capital goods shares extended Thursday’s losses. Realty stocks edged higher on renewed buying. The market breadth, indicating the overall health of the market, was positive.

Who Moved and Why

1) Steel Strips Wheels surges after securing patent for disc forming process.
2) Sugar stocks rally on reports of spike in sugar prices.
3) SRF gains after commissioning of projects at Dahej chemical complex.
4) Natco Pharma jumps after US PTO rejects Teva’s patent reissue application.
5) Sobha Developers gains on positive outlook for FY 2015.
6) Adani Power gains after becoming India’s largest private power producer.

Read detail analysis report: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/4april_Daily__Market_Review_Equity_Bell%20%282%29.pdf

European and Asian stocks boosted sentiment on the domestic bourses!

Key benchmark indices edged higher as gains in European and Asian stocks boosted sentiment on the domestic bourses. The barometer index, the S&P BSE Sensex, close up by 105.05 points or 0.47%, up about 77 points from the day’s low and off close to 38 points from the day’s high. The market breadth, indicating the overall health of the market, was strong. The BSE Small-Cap and BSE Mid-Cap indices were up more than 1.46 % each. Both these indices outperformed the Sensex.

Equity Market Techincal View

Who Moved and Why

1) Aurobindo Pharma hits record high.
2) Sharon Bio-Medicine gains after expansion of facilities.
3) Colgate-Palmolive drops ex-dividend.
4) RIL gains on large financial aid from EDC.
5) Ashoka Buildcon surges as subsidiary receives fourth tranche of investment.
6) IL&FS Engineering jumps after bagging construction order in Gurgaon.
7) JSW Steel gains on good steel consumption outlook.
8) Ashok Leyland gains after month-on-month surge in March sales.

Read detail analysis report here: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/02_apr_Daily__Market_Review_Equity_Bell.pdf

Key benchmark indices edged higher in choppy trade!

Key benchmark indices edged higher in choppy trade, with investor sentiment boosted by firm Asian and European stocks. The market sentiment was also boosted by provisional data showing that foreign institutional investors (FIIs) remained net buyers of Indian stocks on Monday, 31 March 2014. The barometer index, the S&P BSE Sensex, close up by 60.17 points or 0.27%, up close to 150 points from the day’s low and off about 40 points from the day’s high. The market breadth, indicating the overall health of the market, was positive.

Technical Overview of NIFTY Index

Who Moved and Why

1) Educomp Solutions hits the roof on acquisition buzz.
2) M&M gains after strong tractor sales in March.
3) TVS Motor gains after strong sales in March.
4) Natco Pharma slumps as US SC agrees to hear Teva appeal.
5) Maruti Suzuki slips after weak sales in March.
6) Most banks decline after RBI’s status quo on interest rates.
7) KEC International jumps after land deal.
8) PSU OMCs slide after reducing petrol price.
9) Kalpatru Power Jumps after winning new.
10) Tata Motors, HCL top FY13 profits in just 9 months!

Read detail analysis report here: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/01_apr_Daily__Market_Review_Equity_Bell.pdf