Hot Stocks

MARKET EYE-Indian bank shares gain; SBI up 4 pct

* Shares in Indian banks gain ahead of RBI policy review due on Dec. 2. * Traders say the gains are in anticipation of a rate cut. * India's GDP growth to slow to 5.1 pct, but no rate cut yet - Reuters Poll. * The banking index of the NSE adds as much as 2.5 percent to hit a record high of 18,468.4. * State Bank of India gains 3.9 percent to hit the highest level since November 2010. * ICICI Bank adds 2.3 percent, while Bank of Baroda trading 4.7 percent higher. (indulal.p@thomsonreuters.co

MARKET EYE-India's Just Dial gains; RBI raises FII limit

* Shares in India's Just Dial Ltd gain 3.6 percent. * The Reserve Bank of India on Thursday allowed overseas investors to buy up to 75 percent in the company. (http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=32613) * Foreign institutions' investment in the company was earlier restricted to up to 49 percent.

28 Nov 2014

MARKET EYE-Indian shares set to open higher ahead of data

* Indian shares are likely to open positive, but would trade cautious ahead of the economic data later in the day. * India's GDP growth to slow to 5.1 pct - Reuters Poll * NSE index futures traded on the Singapore Exchange up 0.46 pct. * Overseas investors bought Indian shares worth 3.89 billion rupees on Thursday - NSE. * The MSCI-Asia Pacific index, excluding Japan, is down 0.67 pct. * Oil and gas stocks would be in focus as international oil prices are near four year low.

28 Nov 2014

MARKET EYE -India's airline shares gain on hopes of cut in jet fuel prices

* Jet Airways Ltd is up 4.7 pct and SpiceJet Ltd gains 1.4 pct. * State-run oil marketing companies could slash jet fuel prices next month amid declining crude oil prices - traders * Oil prices fall to four-year lows as OPEC production cut looks unlikely. * Fuel charges contribute to nearly one-third of an airline's operational expenses - analysts (abhishek.vishnoi@thomsonreuters.com / abhishek.vishnoi.thomsonreuters.com@reuters.net)

27 Nov 2014

MARKET EYE -Expect muted activity when Nov derivatives expire - analysts

* Outstanding positions remaining to roll over in futures not as heavy compared to previous series - analysts * Indicates most arbitrage positions got rolled over or unwound - Dolat Capital * "This shows one should expect muted volatility in last leg of trade compared to previous series," says Prachi Save, analyst at Dolat Capital Market Pvt Ltd * The NSE index fell 90 points during expiry of September contract, rose 80 points in October - NSE * Nifty rollover 64.4 pct against 55.4 pct during

27 Nov 2014

MARKET EYE -Indian tyre makers gain on weak rubber prices, increased auto sales

* Shares of Indian tyre makers rise on weak natural rubber prices and increased auto sales * Demand from auto companies expected to accelerate, traders say, citing revival in passenger vehicle growth * Demand recovery is expected in passenger vehicles over the next six to 12 months, Deutsche Bank says in a note * Natural rubber prices are near multi-year lows * JK Tyre and Industries shares up 3.8 pct, Ceat Ltd gains 1.8 pct and Apollo Tyres Ltd higher 0.5 pct (indulal.p.thomsonreuters.com@re

27 Nov 2014

MARKET EYE-Indian shares higher in cautious trade ahead of derivative expiry

* India's BSE index up 0.5 pct, NSE index gains 0.1 pct * Blue-chip stocks lead gains * Bharat Heavy Electricals Ltd adds 0.8 pct, Infosys Ltd gains 0.7 pct * Investors cautious ahead of derivative contract expiry on Thursday and economic data on Friday * Asian stocks hit one-month high as investors bet on more central bank stimulus in China (indulal.p.thomsonreuters.com@reuters.net)

27 Nov 2014

MARKET EYE -India's railway-related stocks gain on investor meet report

* Texmaco Rail & Engineering gains 2 pct, while Titagarh Wagons is up 1 pct. * Kalindee Rail Nirman Engineers gains 3.7 pct. * The railway ministry has called for an investor meet on Dec. 5, CNBC TV18 reports. (http://bit.ly/1xUGhn4) * Those likely to attend include investment banks, consultants and infrastructure companies, the report adds. * Focus of the meeting will be to increase investments in the railway sector, traders expect. (abhishek.vishnoi@thomsonreuters.com / abhishek.vishnoi.thom

27 Nov 2014

MARKET EYE -RBI will acknowledge improved outlook for inflation - CLSA

* India's central bank will indicate it is better positioned to achieve CPI inflation forecast of 6 pct for January 2016, in its policy review - CLSA. * This will be a change compared to the indication of upside risk to that forecast in the previous policy statement. * CLSA adds rates are widely expected to be kept on hold. * RBI to leave repo rate on hold at Dec. 2 meeting- Poll * Indian markets pricing in a rate cut despite wary central bank. * CLSA says government actions to facilitate inv

27 Nov 2014

MARKET EYE -India's NSE futures edge up ahead of derivatives expiry

* NSE index futures traded on the Singapore Exchange up 0.06 pct. * Volatility expected ahead of the expiry of November equity derivatives later in the day. * The ongoing winter session of parliament, growth data for July-September due on Friday and the RBI's policy review on Dec. 2 key. * India's GDP growth to slow to 5.1 pct, but no rate cut yet - Poll. * Indian markets pricing in a rate cut despite wary central bank. * Asian shares ride on stimulus hopes, dollar hit by weak U.S. data. * T

27 Nov 2014
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Nikkei 17,459.85 +211.35 +1.23%
Hang Seng 23,987.45 -16.83 -0.07%
Sensex 28,693.99 +255.08 +0.90%
EUR/INR 77.458 +0.03%
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Gold 1,167.00 -21.40 -1.79%
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Symb Last Chg % Volume
SPJT.BO 18.24 +18.36 40,889,969
ALID.BO 0.22 +4.76 14,286,829
RSPR.BO 2.73 +4.60 10,093,570
VIFY.BO 0.17 +6.25 6,722,797
IISL.BO 1.87 -4.10 6,302,539
Data as of Sat Nov 29, 2014 2:06pm IST.

Nifty Most Actives

Symb Last Chg % Volume
UNTE.NS 19.50 +0.78 52,953,990
JAIA.NS 28.85 -1.03 28,837,821
SBI.NS 321.40 +5.08 27,760,604
GMRI.NS 19.40 -2.27 23,978,140
RSPR.NS 2.75 -- 21,881,153
Data as of Sat Nov 29, 2014 2:06pm IST.

Upgrades

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change
Current mean
rating
SETC.BO 2.00 to 1.00 Buy
ONMO.NS 4.00 to 3.00 Hold
JBFI.NS 3.00 to 2.00 Outperform

Downgrades

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Current mean
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TVTO.NS 1.50 to 3.00 Hold
VOTL.NS 2.00 to 3.00 Hold
MNET.NS 4.00 to 5.00 Sell
Photo

Growth slows less than feared, easing pressure for rate cut

NEW DELHI - A slowdown in India's economy in the last quarter will increase calls for Prime Minister Narendra Modi to step up reforms but was less severe than feared, giving the Reserve Bank ammunition to resist government pressure to cut interest rates.