Tag Archives: Online Share Trading

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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Market Watch – Intraday volatility continued!

Intraday volatility continued as key benchmark indices recovered after trimming almost entire intraday gains in mid-morning trade as mostly higher Asian stocks supported domestic bourses. Capital goods Pivotal gained on renewed buying. State-run oil marketing companies (PSU OMCs) fell after announcing revision in fuel prices on Monday. A bout of volatility was witnessed in early trade as key benchmark indices slipped into the red after a firm opening triggered by higher Asian stocks. Key benchmark indices regained positive terrain in morning trade.

Cooper Tire & Rubber Company

Cooper Tire & Rubber Company (Photo credit: Wikipedia)

Who Moved and Why

  • HUL slips as Unilever sees slowdown in emerging markets.
  • Unichem Lab drops after two block deals.
  • Apollo Tyres declines after Cooper Tire shareholders approve sale.
  • PSU OMCs decline after petrol price cut.
  • Maruti Suzuki gains after good September sales.
  • Shipping stocks track lower freight rates.

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For detail analysis report please visit: –http://www.rrfinance.com/Reserch/ResearchHome.aspx

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Market Wrap-Up: Asian Paints drops after weak Q1 results

Key benchmark indices provisionally closed near the flat line after witnessing intraday volatility. Engineering & construction major L&T tumbled over 7% after reporting weak Q1 results. Weak Q1 results from L&T had ripple effect on shares of power equipment major Bharat Heavy Electricals (Bhel), which also fell sharply. The market breadth, indicating the overall health of the market, was negative. The BSE Sensex closed 9.27 points up at 20159.21 & The CNX Nifty closed 2.60 points up at 6031.80.

Who Moved and Why

English: Mastek Mumbai(Mahape) Office Building...

English: Mastek Mumbai(Mahape) Office Building (Photo credit: Wikipedia)

1) Blue Star gains after decent Q1 results
2) Bombay Rayon tumbles after securing board nod for CDR
3) L&T extends losses after weak Q1 outcome
4) L&T tumbles after poor Q1 results
5) Biocon gains on foreign brokerage upgrade
6) Volumes jump at Infotech Enterprises counter
7) Infotech Enterprises gains after two bulk deals
8) Ambuja Cements slumps on foreign brokerage downgrade
9) Mastek recovers after Friday’s 9.9% slide

Read detail analysis report here: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/22nd_july_equity_closing_update.pdf

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April-May fiscal deficit touches Rs 1.8 lakh crore!

The government ran up a fiscal deficit of 33% of the total budgeted for the entire 2013-14 fiscal in the first two months of the current fiscal as it loosened purse strings to boost growth after a sharp compression in expenditure in 2012-13. Fiscal deficit stood at Rs 1.8 lakh crore in April-May, 2013-14, according to the data released by the Controller General of Accounts (CGA) on Friday. Fiscal deficit in April-May 2012-13 was 27.6% of the budget estimate.

Sluggish revenues have also contributed to the fiscal deficit besides higher spend. The government’s receipts stood at 3.3% of the budget estimates in April-May, 2013-14 as against 5.5% in same period previous fiscal. Fiscal deficit in 2013-14 is pegged at Rs 5.42 lakh crore or 4.8% of GDP.

The government will not pursue a sharp contraction in spending like last financial year but without deviating from fiscal consolidation plan.

Deficit and debt increases 2001–2009. Gross de...

Deficit and debt increases 2001–2009. Gross debt has increased over $500 billion each year since FY2003. (Photo credit: Wikipedia)

The finance ministry has already ruled out compression in expenditure this year and instructed ministries and departments to front load spending to spur growth that slipped to 5% in 2012-13. Chidambaram had said earlier, “Government will continue to urge ministries and departments to spend money allocated to them. In fact, I will be happy if they spend it early rather than put it to the second half of the year… Public spending, government spending will help the growth process”

A sharp reduction in expenditure had helped the government contain 2012-13 fiscal deficit at 4.89% of the GDP, lower than even the downwardly revised estimate of 5.2% of GDP presented in the Budget, but the compression hurt growth. The trend emerging from the early spending numbers in the financial year clearly indicates that the government is now looking to boost public expenditure especially from the plan side while keeping wasteful spending under check.

Plan expenditure in the first two months stood at 12.3% of the budget estimate of Rs 5.5 lakh crore while non-plan expenditure as against 8.6% in the last financial year. Non-plan expenditure stood at 13.4% of the budget estimate in the period under review, marginally lower than 15.1% of the budget estimate in April-May 2012-13.

India’s manufacturing sector activity remained broadly flat in June as new orders declined for the first time in over four years and power cuts and fragile economic conditions weighed on the sector’s performance, an HSBC survey said. The HSBC/Mark it purchasing managers index for the manufacturing industry stood at 50.3 in June, slightly higher than 50.1 in May. However, output witnessed a decline for the second consecutive month. A reading above 50 shows that the sector is expanding, while a reading below 50 shows that the output in the sector is contracting.

Manufacturing activity was broadly flat in June. Output continued to contract due to power shortages, albeit less so than last month, for the last two months, the index is barely managing to remain above the crucial 50 marks that divides growth from contraction, but has held above the mark for over four years now. The May PMI reading for the manufacturing sector was the lowest since March, 2009.

The survey further noted that economic conditions in India were fragile, resulting in lower demand. Moreover, there were also reports of increased competition for new work. During the month of June, the total new orders fell for the first time since March, 2009. Export business, however, rose at the sharpest rate since January as demand from key foreign clients strengthened.

Despite the moderate pace of growth, output prices picked up slightly and input prices rose more notably, partly in response to the depreciation of Rupee. On the price front, input cost inflation accelerated to the sharpest since February. But, inflation was, however, “modest” as competition for new work persisted and weighed on pricing power.
The rupee last week sank to an all-time low of 60.72 against dollar on heavy capital outflows and month-end dollar demand from importers. Meanwhile, June witnessed the fastest rise in employment since March. Manufacturers added to their workforce numbers in during the month considering the rising backlogs of work.

Rahul Saxena is an eminent and amateur writer primarily focusing on finance, Indian Economy, corporate results, rupee fall, equity market, online share trading, fixed income, life insurance plans, general insurance, commodity prices, share brokers, mutual fund, crude prices, gold prices, fiscal deficit, global economy related topics, working with one of the reputable financial consultants in New Delhi.

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Market Wrap-Up: Nifty reverses intraday gains!

Volatility ruled the roost in late trade as the 50 – unit CNX Nifty reversed intraday gains and as the BSE Sensex gave away almost the entire intraday gains as European stock markets declined. Index heavyweight Reliance Industries rose ahead its Q1 June 2013 results today, 19 July 2013. Index heavyweight and cigarette major ITC rose marginally after striking a record high. The market breadth, indicating the overall health of the market, was negative. The BSE Senesx closed 21.44 points up while CNX Nifty closed 8.85 points down.

 

BSE, Dalal Street

BSE, Dalal Street (Photo credit: zadeus)

Who Moved and Why

  1. HDFC drops after Q1 results
  2. Mastek tumbles after poor Q1 outcome
  3. Volumes jump at Prestige Estates Projects counter
  4. Cairn India gains along with crude oil price
  5. TTK Prestige gains on preferential allotment of shares
  6. Bajaj Auto gains after Q1 operating EBITDA margin raises
  7. UCO Bank tumbles as sticky loans rise in Q1
  8. Bajaj Auto slips after dull Q1 numbers
  9. New order in Philippines boosts VA Tech Wabag
  10. Bayer CropScience jumps on buyback plan
  11. Select stocks drop ex-dividend

Read full story here: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/19th_july_equity_closing_update.pdf

Also find information about online share trading, crude oil price, commodity price, stock brokers, stock market, share brokers, company fixed deposits, fixed income, how to save tax, mutual fund, IPO India, fixed deposits, bonds and debentures, life insurance, equity market, tax saving schemes, equity shares, insurance brokers in Delhi . Visit:- http://www.rrfinance.com

 

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Market wrap-up: TCS, HCL Tech scale record high!

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

The Mumbai Stock Exchange(Photo credit: Wikipedia)

A bout of volatility was witnessed as key benchmark indices pared gains after hitting fresh intraday high in early afternoon trade. The government’s decision on Tuesday, 16 July 2013, to relax overseas – investment rules for a number of sectors boosted sentiment. Index heavyweight and cigarette major ITC held firm. Another index heavyweight Reliance Industries extended intraday gains. The market breadth, indicating the overall health of the market, was positive. The BSE Sensex was 71.92 points up at 19923.15 & The CNX Nifty was 14.35 points up at 5969.60.

Who Moved and Why

1) TTK Prestige off 10.6% in 3 days after weak Q1 results
2) Clariant Chemicals spurts nearly 17% in two sessions
3) Shasun Pharma spurts after successful completion of inspection by two regulators
4) DCB gains after strong Q1 results
5) Reliance Media Works off 9.6% in 2 days after setting record date for rights issue
6) Telecom stocks in demand
7) Sabero Organics Gujarat spurts after turnaround Q1 numbers
8) Torrent Pharma gains after setting record date for bonus issue

For detail analysis report please visit: – https://www.rrfinance.com/Reserch/Pdf/07-July/Mid%20Session/17th_july_Mid_Session_Update.pdf

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Market Wrap-Up: Sensex jumps as Fed chief reiterates stimulus need

Key benchmark indices surged as world stocks rose after Federal Reserve Chairman Ben S. Bernanke on Wednesday, 10 July 2013, said that a highly accommodative monetary policy is needed for the US economy for the foreseeable future. Except BSE Consumer Durables index, all the other sectoral indices on BSE were in the green. The market breadth, indicating the overall health of the market, was positive. The BSE Sensex closed 381.94 points up at 19676.06.

Who Moved and Why

Image representing Infosys Technologies as dep...

RANG DE BASANTHI.. JHS WAG 7 # 27950 with BCM ...

BCM Ultratech Cement Rake (Photo credit: Amar672)

1) STC tumbles after CCEA OKs stake sale.

2) Puravankara gains as unit set to launch residential project.

3) Jain Irrigation jumps on plan to sell wind power biz.
4) GMR Infra gains on synchronization of a power plant unit.
5) Diamond Power jumps after strong outlook for cables division.

6) Volumes jump at Torrent Pharmaceuticals counter.

7) RCom gains after completing securitization of a transaction.

8) UltraTech Cement gains after commissioning clinkerisation plant in Karnataka.

9) Infosys gains ahead of Q1 results.

For detail analysis report please visit: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/11th_july_equity_closing_update.pdf

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