1. India-GlobalMarketSummary 27-6-2014
• IT and pharma stocks edged higher as key benchmark indices eked out small gains after moving in a
narrow range for most part of the trading session. The market breadth indicating the overall health of
the market was positive. Sensex garnered 0.15% to settle at 25,099.92 and Nifty garnered 0.21% to
settle at 7,508.80
• The Minister of State (Independent charge) for Petroleum and Natural gas Dharmendra Pradhan has
ordered a high level inquiry into the pipeline explosion at Tatipaka in the East Godavari District of
Andhra Pradesh. He has expressed concern at the accident, and assured that strong steps for safety
and security of oil and gas installations will be taken so as to ensure non-recurrence of such incidents.
Pradhan has directed immediate rescue, relief and rehabilitation measures.
• In the foreign exchange market, the rupee edged higher against the dollar as crude dropped. The
partially convertible rupee was hovering at 60.1225, compared with its close of 60.14/15 on
Thursday, 26 June 2014.
• Oil prices edged higher in choppy trade. Brent crude oil futures for August delivery were up 14 cents
at $113.35 a barrel. As crude prices dropped, concerns arising from the impact of high crude oil
prices on India's macroeconomic situation eased. India imports about 80% of its crude oil
requirements.
• Meanwhile, rain shortfall shrank in the third week since the onset of its monsoon, recovering a little
after a poor start. Rains were 31% below average in the week to June 25, improving from 45% below
average in the second week of the monsoon. India's farm sector accounts for 14% of its nearly $2
trillion economy.
• The Reserve Bank of India on Thursday, 26 June 2014, said in its Financial Stability Report (FSR)
June 2014 that the return to political stability has provided impetus to the domestic economic outlook
and the capital markets reflect the expectations on policy measures to address the adverse growth-
inflation dynamics and saving-investment balance as also efficient implementation of policies and
programmes. Further progress on fiscal consolidation, a predictable tax and policy regime, and low
and stable inflation rates will be the key anchors in promoting India's macroeconomic as well as
financial stability, RBI Governor Raghuram Rajan said in his foreword to the FSR.

2. • IT stocks rose across the board after US-based consulting and outsourcing services provider
Accenture on Thursday, 26 June 2014, reported good Q3 May 2014 earnings. GAIL (India) edged
lower on reports more than a dozen people were killed today, 27 June 2014, after a blast at a gas
pipeline in Andhra Pradesh operated by the state-run gas transmission major. Shares of organised
retailers rallied. Ranbaxy Laboratories and Sun Pharmaceutical Industries surged after Ranbaxy
announced that its wholly owned subsidiary Ohm Laboratories, Inc (Ohm) has received first to file
approval from the United States Food & Drug Administration (USFDA) with 180-day marketing
exclusivity for a generic version of a medicine for treatment of hypertension and heart failure.
• GAIL (India) dropped on reports fourteen people were killed and 20 injured today, 27 June 2014, in
a blast and fire at a gas pipeline operated by GAIL (India) in Andhra Pradesh.
• Nelco rose 2.31% after the company said it has received a sum of Rs 13.03 crore from Jawaharlal
Nehru Port Trust in connection with a judgement dated 6 February 2014, by Bombay High Court
• Transformers & Rectifiers (India) was locked at 5% upper circuit after the company said it has
secured an order worth Rs 161 crore from Gujarat Energy Transmission Corporation.
• Ranbaxy Laboratories jumped 4.72% on reports the company has won US drug regulator's approval
to make a generic version of Diovan, a blood pressure drug from Novartis AG.
• Ashok Leyland tumbled 3.96% on equity dilution worries after the company said its fund-raising
committee passed a resolution for a qualified institutional placement.
• Ballarpur Industries rose 3.67% after the company said it is exploring the possibility of listing its
step-down subsidiary in an overseas stock market.
• Reliance Capital rose 1.63% on report that Japan's Sumitomo Mitsui Trust Holdings Inc may buy a
10% stake in the company by paying $400 million for new shares.
• Dr Reddy's Laboratories rose 1.49% after the company announced that it has launched Duloxetine
Delayed-Release Capsules in the US market on 26 June 2014.

3. Global news
• European stocks edged higher on Friday, 27 June 2014, as investors awaited data on
US consumer confidence to gauge the outlook for the world's largest economy. Asian
stocks edged lower on Friday, 27 June 2014, after a Federal Reserve official said the
US may raise interest rates by March. Trading in US index futures indicated that the
Dow could fall 24 points at the opening bell on Friday, 27 June 2014. US stocks
slipped for the third time in four days on Thursday, 26 June 2014, after James Bullard,
president of the Federal Reserve Bank of St. Louis, suggested that higher interest rates
may happen sooner than people thought. Economic data showing that consumer
spending rose less than forecast also led to losses in US stocks. Bullard, speaking in
an interview to a business channel, predicted the central bank's first interest-rate rise
will happen in the first quarter of next year.
• Euro-area economic confidence unexpectedly declined in June, led by industry, as
tensions in Ukraine and the single currency's strength hindered efforts by the
European Central Bank to boost lending and growth. An index of executive and
consumer sentiment fell to 102 from a revised 102.6 in May, the European
Commission in Brussels said today.
• Consumer spending, which accounts for about 70% of the economy, climbed 0.2% in
May after being little changed in April, US Commerce Department figures showed

4. We mentioned below the links of our other services, feel free to
contact us for any other services requirement.
• Our Services
• Click here to read more on our site
----------------------------------------------
• To achieve your financial success, we work with you
closely and friendly in a workable way.
• We structure your investment portfolio based on your
financial goal and manage in a prudent manner with
capital safety and aim to fetch a considerable tax free
return around 15% p.a.
----------------------------------------------
• We also provide investment advisory services for managing the
investment portfolio (individual stocks, commodity, currency
investment, nifty futures, insurance and mutual fund investment)
on your own.