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Morning Mail Upadate 21 August 2014

By : Simran Shah

INDIAN BENCHMARK open on a flat note tracking a mostly weak trend across markets in Asia as a sharp slowdown in China’s manufacturing underscored concerns over the health of the world’s second biggest economy, overshadowing Federal Reserve’s commitment to continue to keep interest rates low.

FURTHER, DLF Ltd is planning to reduce debt to Rs 12,000-14,000 crore by FY17 through asset monetization. Reliance Infrastructure has filed an appeal in the Appellate Tribunal for Electricity against the Maharashtra Electricity Regulatory Commission pleading a stay on its recent order in change-over and switchover of its consumers to Tata Power in the Mumbai distribution area.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Friday while the DIIs were net sellers of Rs. 481cr, as per the provisional figures released by the NSE.



COMMODITY MARKET STRATEGY 20 AUGUST 2014

By : Simran Shah
BASE METAL WRAP: Aluminium and zinc rose in London as a jump in home building fueled speculation that demand will accelerate in the U.S., the world’s second-biggest consumer of industrial metals.
ENERGY WRAP: West Texas Intermediate swung between gains and losses amid speculation that crude and fuel inventories fell in the U.S., the world’s biggest oil consumer. Brent was steady in London.
PRECIOUS METAL WRAP: Gold held below $1,300 an ounce after retreating for three days on signs that the U.S. recovery is gathering momentum without generating higher consumer prices. Platinum traded near a two-month low.
GLOBAL EVENTS TO WATCH: RBA Gov Stevens Speaks, Trade Balance, All Industries Activity m/m, MPC Asset Purchase Facility Votes, MPC Official Bank Rate Votes, Wholesale Sales m/m, Crude Oil Inventories, FOMC Meeting Minutes.

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INDIAN BENCHMARK open flat after a day of closing at a fresh record high.

By : Simran Shah
INDIAN BENCHMARK open flat after a day of closing at a fresh record high. Shares of Eros International Media touched 33-month high of Rs 249.80, up as much as 9.6 percent after the company's on-demand entertainment portal ErosNow has acquired the worldwide rights of popular Zee TV shows.

FURTHER, Just Dial rose over 3%, after the company's board approved increasing the shareholding limit of foreign institutional investors in the company to 75% from 49% . Glenmark Pharmaceuticals announced the discovery and initiation of IND enabling studies of a novel clinical development candidate, GBR 1302, a HER2xCD3 bispecific antibody.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Tuesday while the DIIs were net sellers of Rs. 262cr, as per the provisional figures released by the NSE.
                                                                                                          
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We provide the tips in equity market both in cash and future market, the tips are given on the basis of technical analysis.
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