February 24, 2011

T20 23rd Feb 2011


Global Markets

1. S&P on Steady growth. S&P Chart

2. US Dollar - downward movements but finding support level at 77.5. Dollar Chart

3. Crude price on the rise. Oil Chart

4. Gold prices steadily rising on the back of good demand. Gold Chart


Economy

5. Food processing sector to gets 576 cr FDI on the back of widening scope of service tax exemptions.

6. India's FDI in 2010 dips by 22 pc to $ 21 bn, due to investor caution.

7. Forex reserves dip $752-mn to $ 298.66-bn.

8. Gold imports may exceed 918 tonnes level this year, due to high demand coupled with high economic growth.

9. Food subsidy bill to rise by 27 per cent to Rs 74,231 crore this year.


Indian Markets

10. Nifty experiencing positive movements faces resistance at 5550 level. Nifty Chart

11. FIIs sold shares worth a net Rs. 397.9 cr in Month to date; Domestic funds bought shares worth a net Rs 1,82,229.3 cr – MTD


Sectors

12. Auto companies worry over levy on diesel vehicles, could hit demand and impact future investment in India.

13. India adds 13 mn GSM subscribers in January, with Bharti Airtel being the biggest gainer with 3.3 mn new subscribers.

14. Government weighs fuel price hike as crude hits $108 per barrel.

15. Engineering exports may touch $52 bn this fiscal, largely on increasing demand from US and Latin America markets.

16. Sugar output up by over 16% at 13.4 mn tonne till Feb Domestic funds bought shares worth a net Rs 1,82,229.3 cr – MTD


Stocks

17. Ranbaxy reports loss in Q4, on the back of weak international sales. 2011 sales forecast is Flat. Ranbaxy Chart

18. Reliance Industries, BP signs $7.2 bn oil & gas deal. Reliance Chart

19. Punj Lloyd bags Rs 735-crore project from NHAI. PunjLloyd Chart


Quotes

20. If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability. ~Henry Ford

Global cues feb 23th 2011

Pls Click Here

February 10, 2011

T20 8th Feb 2011

Global Markets
1. S&P on an upward trend. S&P Chart
2. US dollar – moving slightly positively, has developed a support level at 77. Dollar Chart
3. Crude prices reducing after adverse reaction the Egypt crisis. Oil Chart
4. Gold prices moving up, facing a resistance level at 1355. Gold Chart

Economy
5. RBI indicates tighter monetary policy to contain inflation.
6. Exports rise 36.4 percent in December.
7. India's Information and Communication Technology (ICT) exports rise by 244% in 2009.
8. Panel to put PSUs' foreign buys plan on fast track.
9. FDI in India sees first slump since March '03.

Indian Markets
10. Nifty slides further. Momentum still negative facing resistance at 5390 level. Nifty Chart
11. FIIs purchase shares worth a net Rs. 139.5 cr in Month to date; Domestic funds bought shares worth a net Rs 7011.9 cr – MTD

Stocks
12. Coal prices to accelerate on production shortfall due to mining restrictions imposed by government.
13. Domestic car sales up 26%, bikes 15% in January
14. Car and bike prices likely to go up again, if excise duty in raised by 2% in Budget
15. Cement companies face margins erosions due to rising costs.
16. High cost of ATF likely to dent airline profitability.

Stocks
17. Ackruti plans to raise Rs 2.5 billion in Jan-March Ackruti Chart
18. Adani Power Q3 net jumps 50% at Rs 109.11-cr Adani Power Chart
19. Suzlon Energy Q3 loss at Rs 252 crore. Suzlon Energy Chart

Quotes
20. "The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow." – Rupert Murdoch.

February 02, 2011

Global_Cues_Feb 2nd 2011

Pls Click Here

T20 2Feb2011

Global Markets
1. S&P looks positive after facing a resistance level of 1300 S&P Chart
2. US Dollar – moving downwards after a volatile month Dollar Chart
3. Crude prices on the rise in response to crisis in Egypt also finding support at around $ 86/ bn. Oil Chart
4. Gold prices volatile in the month of Jan and on a downward trend. Gold Chart


Economy
5. Government may remove countervailing duty on imports, in attempts to control inflation.
6. Finance ministry to pay $1.74 bn oil subsidy in Dec quarter.
7. ADB to provide $7.4 billion assistance to India for 2011-2013 for sustained growth and development.
8. India's forex reserves increase $1.97 bn to $299.39 bn.
9. Karnataka govt to disinvest in 10 loss-making PSUs, wind up 3.


Indian Markets
10. Nifty witnesses negative trend. Nifty Chart
11. FII’s on a selling spree in the Indian markets have purchased shares worth net Rs. 4,756.2 Cr, but domestic fund picked up the slack but purchasing shares worth net Rs. 38,017.4 Cr.


Stocks
12. State-run oil co losses on diesel sales climb to Rs 9.23/ltr.
13. Three years on, new telcos fail to connect, 6 telcos share 5% piece of the pie.
14. Airlines may hike airfares as fuel prices rise.
15. Egypt turmoil may hit Indian oil companies as Brent tops $100/bn.
16. Overcapacity to exert further pressure on cement prices: Fitch.

Stocks
17. Bharti Airtel Q3 net falls Bharti Chart
18. DLF plans Rs 300-400 cr investment. DLF Chart
19. ITC to raise packaged food prices by 7-8% ITC Chart


Quotes
20. “When I was young I thought that money was the most important thing in life; now that I am old I know that it is.” Oscar Wilde