Reliance Mutual Fund’s market news which includes Indian Equity Market Indices Performance, currency values, Indian Government announcement, International news etc.
Get update on Reliance Mutual Fund’s market news on 11 December 2014 which includes Indian equity and debt market news, domestic News,currency market update, Indian Government announcement, International news etc
Get Detailed global market news which includes Indian Commodities Market ,Indian equity and debt market indices, currency values, Indian Government announcement, International news etc.
Today at the Nigeria Stock Exchange, investors’ sentiment remained gloomy as the benchmark index traded in negative territory for the third session in a row as it went below 30,000bps physiological mark to close at 29,828.95. Most sectorial indices monitored by the exchange cl0sed in red which led to a 0.61% depreciation in the All Share Index. Wapco appreciated by 0.51% leaving NSEIND as the only sub-sector in positive territory. On the back of Okomuoil(-8.38%), Oando(-9.64%), Mansard(-4.53%), Glaxosmith(-4.95%) and Sterlnbnk(-4.67%), NSEOILGS, NSEINS, NSECNSM and NSEBNK shed points.
Reliance Mutual Fund’s daily market news on which included Indian equity and debt market indices, Currency Market Update,Commodity Market Update, Indian Government announcement, International news etc.
Get update on Reliance Mutual Fund’s market news on 11 December 2014 which includes Indian equity and debt market news, domestic News,currency market update, Indian Government announcement, International news etc
Get Detailed global market news which includes Indian Commodities Market ,Indian equity and debt market indices, currency values, Indian Government announcement, International news etc.
Today at the Nigeria Stock Exchange, investors’ sentiment remained gloomy as the benchmark index traded in negative territory for the third session in a row as it went below 30,000bps physiological mark to close at 29,828.95. Most sectorial indices monitored by the exchange cl0sed in red which led to a 0.61% depreciation in the All Share Index. Wapco appreciated by 0.51% leaving NSEIND as the only sub-sector in positive territory. On the back of Okomuoil(-8.38%), Oando(-9.64%), Mansard(-4.53%), Glaxosmith(-4.95%) and Sterlnbnk(-4.67%), NSEOILGS, NSEINS, NSECNSM and NSEBNK shed points.
Reliance Mutual Fund’s daily market news on which included Indian equity and debt market indices, Currency Market Update,Commodity Market Update, Indian Government announcement, International news etc.
Introduction of GST in the Rajya Sabha has significance because it could have been passed in the Lok Sabha also. However, Rajya Sabha is where the government does not have majority and since it’s a constitutional amendment that requires two thirds majority, convincing all the parties is a key milestone and to that extent, introduction and subsequent passage of the bill in the Rajya Sabha will be important.
•Earnings Data for 8 core industries including mining, infrastructure and electricity was received which indicated a growth by 5.2% which augers well. However, one needs to see if this is a onetime occurrence or will it continue. Also, since rainfall was moderate, by the end of July, rural consumption is expected to be strong. To that extent, GDP is likely to grow anywhere between 7.5-8% this year. The government’s earlier projections in the budget carry an upward bias.
General bearish sentiment kept the NSE ASI in negative territory on the first trading session of the week as the benchmark index lost 1.07% before the closing bell. Only 10 stocks recorded gains while 25 declined and 61 remained unchanged. Sectorial indices monitored by the Exchange showed mixed performance as the banking, consumer and industrial sectors closed negative on the back of Stanbic (-4.98%), Zenith (-4.82%), Dangflour (-4.74%) and Dangcem (-0.56%), while NSEOILGS and NSEINS closed positive on the back of Seplat (1.32%) and Continsure (2.94%)
Dear Investors,
The month of July has seen the heavens literally open their doors and shower their blessings on us. After a late start in June, the monsoon picked up
smartly and the country as a whole received abundant rainfall, bringing cheer to one and all and definitely a sense of relief. The same good cheer
seems to have percolated to the global equity markets as well. Having brushed off the Brexit issue, markets have continued their upward move
relentlessly through the month of July. The US benchmark index, the S&P 500 hit a new lifetime high earlier in the month on the back of good jobs
data and an optimistic view of growth in the US economy. Not wanting to be left out in any way, the Nifty set a new 52-week high and the Sensex
scaled 28,000.
The quarterly results have been a mixed bag so far. While there have been more hits than misses, the IT sector as a whole and some pharma
companies have been the major pockets of underperformance. Most of the private sector retail banks and NBFCs have shown a stellar performance,
while growth in public sector banks was stagnant due to liquidity and NPA issues. In the consumer space, lower costs have added to the profits of
several companies, but revenue growth and volume growth were disappointing. There is hope that these will see a significant pick up in the second
half of the financial year once the benefits of the 7th Pay Commission and a good monsoon kick in.
This week RBI policy will be announced expectation for the same has been muted; mostly RBI would maintain the
status quo right before onset of the monsoon. RBI would not cut rate primarily because CPI has started inching up
both ways in absolute terms and in its contribution to WPI, RBI’s decision will be impending until how monsoon
and CPI panes out . So the policy would remain flat.
Earnings have been marginally better than expectation, Certain quarters people expected good results from PSU
banks but it did not happen, apart from this results specially from IT, FMCG, Consumer durable and Auto was
surprising and expectations are that this trend would continue for some time.
Reliance Mutual Fund’s market news on 13th march 2015.Its includes Indian equity and debt market indices, currency values, Indian Government announcement, International news etc.
Introduction of GST in the Rajya Sabha has significance because it could have been passed in the Lok Sabha also. However, Rajya Sabha is where the government does not have majority and since it’s a constitutional amendment that requires two thirds majority, convincing all the parties is a key milestone and to that extent, introduction and subsequent passage of the bill in the Rajya Sabha will be important.
•Earnings Data for 8 core industries including mining, infrastructure and electricity was received which indicated a growth by 5.2% which augers well. However, one needs to see if this is a onetime occurrence or will it continue. Also, since rainfall was moderate, by the end of July, rural consumption is expected to be strong. To that extent, GDP is likely to grow anywhere between 7.5-8% this year. The government’s earlier projections in the budget carry an upward bias.
General bearish sentiment kept the NSE ASI in negative territory on the first trading session of the week as the benchmark index lost 1.07% before the closing bell. Only 10 stocks recorded gains while 25 declined and 61 remained unchanged. Sectorial indices monitored by the Exchange showed mixed performance as the banking, consumer and industrial sectors closed negative on the back of Stanbic (-4.98%), Zenith (-4.82%), Dangflour (-4.74%) and Dangcem (-0.56%), while NSEOILGS and NSEINS closed positive on the back of Seplat (1.32%) and Continsure (2.94%)
Dear Investors,
The month of July has seen the heavens literally open their doors and shower their blessings on us. After a late start in June, the monsoon picked up
smartly and the country as a whole received abundant rainfall, bringing cheer to one and all and definitely a sense of relief. The same good cheer
seems to have percolated to the global equity markets as well. Having brushed off the Brexit issue, markets have continued their upward move
relentlessly through the month of July. The US benchmark index, the S&P 500 hit a new lifetime high earlier in the month on the back of good jobs
data and an optimistic view of growth in the US economy. Not wanting to be left out in any way, the Nifty set a new 52-week high and the Sensex
scaled 28,000.
The quarterly results have been a mixed bag so far. While there have been more hits than misses, the IT sector as a whole and some pharma
companies have been the major pockets of underperformance. Most of the private sector retail banks and NBFCs have shown a stellar performance,
while growth in public sector banks was stagnant due to liquidity and NPA issues. In the consumer space, lower costs have added to the profits of
several companies, but revenue growth and volume growth were disappointing. There is hope that these will see a significant pick up in the second
half of the financial year once the benefits of the 7th Pay Commission and a good monsoon kick in.
This week RBI policy will be announced expectation for the same has been muted; mostly RBI would maintain the
status quo right before onset of the monsoon. RBI would not cut rate primarily because CPI has started inching up
both ways in absolute terms and in its contribution to WPI, RBI’s decision will be impending until how monsoon
and CPI panes out . So the policy would remain flat.
Earnings have been marginally better than expectation, Certain quarters people expected good results from PSU
banks but it did not happen, apart from this results specially from IT, FMCG, Consumer durable and Auto was
surprising and expectations are that this trend would continue for some time.
Reliance Mutual Fund’s market news on 13th march 2015.Its includes Indian equity and debt market indices, currency values, Indian Government announcement, International news etc.
Epicresearch.co daily derivatives market report on 2 january 2015Epic Research Limited
Try your fortune in the derivative segment with the Derivatives Market Tips by Epic Research Private Limited, a leading financial advisory in India. Our daily report is based on the analysis done by the research team having years of expertise in Derivative segments like future and options.
Epicresearch daily derivatives market report on 23 january 2015Epic Research Limited
23 January 2015 - Try your fortune in the derivative segment with the Derivatives Market Tips by Epic Research Private Limited, a leading financial advisory in India. Our daily report is based on the analysis done by the research team having years of expertise in Derivative segments like future and options.
Derivatives Tips, Derivatives Market Trading Tips, Derivatives Market Tips, Derivatives Trading Tips, Futures Trading Tips
Morning Stock Market Newsletter 8th januarykailash soni
SOYABEAN,On technical chart soyabean trend is weak where soyabean feb future has resistance at 3710 on intraday basis while 3625 is a immediate support. Momentum indicators RSI is indicating bearish trend with heavy volume.Traders can sell around 3785 with sl of 3710 for the day target of 3630.
CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market.we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity .
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EQUITY NEWS LETTER 14May2013 by The Equicom Financial Services pankhudi jain
One of the best resource to get market updates and movements is Equity newsletter, by this updates we can understand all the movements and and also predict the market directions. Equity newsletter prove itself the best factor which cause huge profit.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Scope Of Macroeconomics introduction and basic theories
Markets for you 23 february 2015
1. Global Indices
Global Indices 20-Feb Prev_Day Abs. Change % Change
#
Dow Jones 18,140 17,986 155 0.86
Nasdaq 4,956 4,925 31 0.63
FTSE 6,915 6,889 26 0.38
Nikkei 18,332 18,265 68 0.37
Hang Seng Closed Closed NA NA
Indian Indices 20-Feb Prev_Day Abs. Change % Change
#
S&P BSE Sensex 29,231 29,462 -231 -0.78
CNX Nifty 8,834 8,895 -62 -0.69
CNX 100 8,826 8,875 -49 -0.55
CNX Bank Index 19,074 19,188 -115 -0.60
SGX Nifty 8,828 8,925 -97 -1.08
S&P BSE Power 2,244 2,244 0 -0.01
S&P BSE Small Cap 11,426 11,375 51 0.45
S&P BSE HC 15,809 15,796 12 0.08
Date P/E Div. Yield P/E Div. Yield
20-Feb 19.91 1.15 23.62 1.25
Month Ago 19.50 1.18 22.16 1.21
Year Ago 16.71 1.50 17.42 1.54
Nifty Top 3 Gainers
Company 20-Feb Prev_Day % Change
#
BHEL 275 262 5.14
Bank of Baroda 183 179 2.66
IndusInd Bank 877 858 2.25
Nifty Top 3 Losers Domestic News
Company 20-Feb Prev_Day % Change#
RIL 873 902 -3.21
Tata Power 86 88 -2.66
HCL Tech 2001 2048 -2.31
Advance Decline Ratio
BSE NSE
Advances 1491 759
Declines 1433 754
Unchanged 108 56
Institutional Flows (Equity)
Description (Cr) YTD
FII Flows* 19769
MF Flows** 3738
*20th
Feb 2015; **16th
Feb 2015
Economic Indicator
YoY(%) Current Year Ago
WPI
-0.39%
(Jan-15)
5.11%
(Jan-14)
IIP
1.70
(Dec-14)
0.10
(Dec -13)
GDP
7.50
(Dec-14)
6.60
(Dec -13)
1.66%
(Oct-14)
2.60
(Sep-14)
7.80
(Sep-14)
Quarter Ago
Inflow/Outflow
252
3958
23 February 2015
Indian Equity Market
Indices Performance
P/E Dividend Yield
Sensex Nifty
Markets for You
• The Foreign Investment Promotion Board has cleared foreign
investment in 11 entities, entailing Rs. 1,075.91 crore, and referred
proposals worth Rs. 4,187 crore in two pharmaceutical organizations.
• The Government has managed to raise Rs. 83,662 crore through the e-
auction of coal blocks. The Coal Secretary informed that 27 blocks have
been allocated for the unregulated sector, while 56 blocks will go to the
regulated power sector. Nineteen blocks have so far been auctioned in
the first tranche, the last day for which is February 22. The second round
of auctions is expected to begin from February 25.
• The Micro, Small and Medium Enterprises Ministry has signed an
agreement with Rural Self-Employment Training Institutes (RSETI) to
provide vocational training to unemployed youth and loan linkages to
deserving beneficiaries linked to the Prime Minister's Employment
Guarantee Programme. RSETIs are training people in 581 districts across
the country.
• The Reserve Bank of India Deputy Governor, R Gandhi advocated the
Government’s move to provide capital in efficient banks. The Deputy
Governor further added that the banking regulator has been alerting
banks to restrict slippages from restructured assets.
• The Government has approved over Rs. 8,600 crore of highway
projects in Uttar Pradesh, Odisha and Chhattisgarh. The projects are
expected to expedite improvement of infrastructure and reduce the time
and cost of travel for traffic.
• The Competition Commission of India has approved the proposed Rs.
15,000-crore merger deal between Kotak Mahindra and ING Vysya Bank.
The merger would create the country's fourth largest private sector
lender.
• Airbus Helicopters said that it is in talks with Mahindra & Mahindra,
Reliance Industries and Tata Group to jointly make military helicopters
and help the nascent local defence industry.
• Indian equity markets snapped a seven-day winning streak, led by
heavy selling pressure in energy and technology stocks. Market
participants also remained cautious ahead of the Union Budget, due to
be presented in the upcoming week. Concerns over Greece’s future in
the Euro zone also weighed on investor sentiments.
• Key benchmark indices, S&P BSE Sensex and CNX Nifty, fell 0.78% and
0.69% to close at 29,231.41 and 8,833.60 points. However, S&P BSE
Small-Cap and S&P BSE Mid-Cap rose 0.45% and 0.03%, respectively.
• The overall market breadth on BSE was positive with 1,491 scrips
advancing and 1,433 scrips declining. A total of 108 scrips remained
unchanged.
• On the BSE sectoral front, most of the indices closed in red. S&P BSE Oil
& Gas was the major laggard, down 1.79%, followed by S&P BSE IT and
S&P BSE TECk, which fell 1.24% and 1.21%, respectively. However, S&P
BSE Realty was the top gainer, up 0.91%.
• Among the 30-stock sensitive Sensex pack, Reliance Industries was the
major laggard, down 3.12%, followed by Tata Power and ICICI Bank,
which fell 2.66% and 2.20%.
• Asian markets witnessed a mixed trend as investors preferred to take
cues from crucial Euro zone Finance Ministers' meeting on the Greek
bailout. Trading volumes remained relatively lower across the region as
markets in China, Hong Kong, South Korea, Singapore, Taiwan and
Malaysia were closed. Today (As on Monday), Asian stocks rose after
Greece reached a deal with euro zone creditors to extend its bailout
agreement for four months. However, trading volumes remain light with
China, Taiwan and Vietnam still closed for the Chinese New Year holiday.
Hang Seng was trading up 0.34% and Nikkei Average was trading down
0.92% (as at 8.00 a.m IST).
• As per last closing, European equities ended on a mixed note amid
uncertainty over Greece’s debt situation and the outcome of its meeting
with the European Union. Germany earlier rejected Greece's request for
extension of its loan agreement.
• As per last closing, U.S. bourses posted new record closing highs after
Greece reached a deal with European Union to extend its bailout
agreement for four months.
2. FII Derivative Trade Statistics 20-Feb
(Rs Cr) Buy Sell Open Int.
Index Futures 875.63 1378.72 20519.79
Index Options 18027.87 18351.11 63008.73
Stock Futures 4204.99 4157.73 61393.59
Stock Options 3098.45 3082.92 3755.55
Total 26206.94 26970.48 148677.66
20-Feb Prev_Day Change
Put Call Ratio (OI) 0.94 0.99 -0.05 Indian Debt Market
Put Call Ratio(Vol) 0.96 1.07 -0.11
20-Feb Wk. Ago Mth. Ago Year Ago
Call Rate 7.64% 7.53% 7.89% 7.89%
CBLO 7.12% 7.77% 8.04% 7.83%
Repo 7.75% 7.75% 7.75% 8.00%
Reverse Repo 6.75% 6.75% 6.75% 7.00%
91 Day T-Bill 8.36% 8.26% 8.00% 9.02%
364 Day T-Bill 7.97% 8.20% 7.89% 8.92%
10 Year Gilt 7.69% 7.70% 7.72% 8.79%
G-Sec Vol. (Rs.Cr) 26676 54618 49839 18140 Currency Market Update
1 Month CP Rate 8.34% 8.35% 8.38% 8.93%
3 Month CP Rate 9.29% 9.25% 8.76% 10.05%
5 Year Corp Bond 8.36% 8.35% 8.28% 9.78%
1 Month CD Rate 8.08% 8.03% 8.15% 8.62%
3 Month CD Rate 8.89% 8.89% 8.45% 9.75%
1 Year CD Rate 8.82% 8.83% 8.55% 9.76%
Commodity Market Update
Currency 20-Feb Prev_Day Change
USD/INR 62.26 Closed Closed
GBP/INR 70.72 Closed Closed
EURO/INR 96.01 Closed Closed International News
JPY/INR 52.35 Closed Closed
Currency 20-Feb Wk Ago Mth. Ago Year Ago
NYMEX Crude($/bl) 49.95 52.66 46.13 103.20
Brent Crude($/bl) 60.99 59.93 45.89 110.37
Gold(oz/$) 1202 1229 1294 1323
Gold(Rs./10 gm) 26655 27069 27997 30476
Source: ICRON Research
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Derivative Statistics- Nifty Options
23 February 2015
Disclaimer:
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• The U.S. Labour Department in its report showed that initial jobless
claims for the week ended February 14 fell by 21,000 to 283,000 from the
previous week's level of 304,000.
• Flash data from Markit Economics showed that Euro zone business
activity accelerated for the third straight month to hit a seven-month
high in February. The composite output index rose to 53.5 in February
from 52.6 in January. The Purchasing Managers' Index (PMI) for services
climbed to 53.9 in February from 52.7 in January while the manufacturing
PMI rose to 51.1 in February from 51 in the previous month.
• Data from the Office for National Statistics showed that retail sales in
the U.K. dropped 0.3% in January after rising 0.2% in December. This was
the first decline in four months.
• Nifty February 2015 futures were at 8,849.45 points, a premium of
15.85 points over the spot closing of 8,833.60 points. The turnover on
NSE’s Futures and Options segment rose from Rs. 3,19,915.62 crore on
February 19 to Rs. 3,34,260.43 crore on February 20.
• The Put-Call ratio stood at 0.91, compared to the previous session’s
close of 0.99.
• The Nifty Put-Call ratio stood at 0.94, compared to the previous
session’s close of 0.99.
• The open interest on Nifty Futures fell from 27.70 million recorded in
the previous trading session to 27.38 million.
• Bond yields fell on expectations that the Reserve Bank of India (RBI)
would ease interest rates further after minutes of the Federal Reserve’s
January meeting indicated policymakers were concerned that raising
interest rates soon may affect the recovery of the U.S. economy.
• The yield on the 10-year benchmark bond closed down 2 bps at 7.69%
compared to the previous close of 7.71%. During the session, bond yields
moved in the narrow range of 7.69% to 7.70%.
• Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility stood at Rs. 19,294 crore (gross) against Rs. 20,646 crore
recorded on February 18. Sale of securities by the RBI under the reverse
repo window stood at Rs. 7,840 crore on February 18.
• Banks borrowed Rs. 75 crore under the RBI's Marginal Standing Facility
window on February 18 compared to none on February 16.
• The Indian rupee strengthened against the dollar on the back of selling
of the greenback by banks and exporters. However, strength in the dollar
and uncertainty over Greece’s debt situation capped the gains.
• The euro weakened against the dollar as concerns over Greece’s debt
situation weighed on sentiments after Germany rejected a proposed
bailout extension request from Greece.
• Gold prices rose as investors remained cautious ahead of a meeting of
the Euro zone Finance Ministers on Greece’s bailout programme.
• Brent crude prices rose but gains were capped amid concerns about
oversupply after official data showed that the U.S. crude inventories
again increased to record highs.