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Reports India

Indian stock market daily morning report (February 27, 2015, Friday)

February 27, 2015, Friday
Markets ended lower following the expiry of February derivative contracts with IT majors leading the decline along with defensive pharma and FMCG shares. Further, the Railway Budget announcement, which acts as a precursor to the Union Budget, failed to boost investor sentiment. The 30-share Sensex ended down 261 points at 28,747 and the 50-share Nifty ended down 83 points at 8,684.

Indian stock market and companies daily report (February 27, 2015, Friday)

February 27, 2015, Friday
Indian markets are likely to open positively tracking the SGX Nifty. US markets closed narrowly mixed as lackluster economic data and oil concerns weighed on investor sentiment. European markets closed up hitting record highs, led by surge in Standard Chartered shares. Back home, Indian markets edged lower after government in the railway budget, announced increase in freight rates for goods traffic.

US stock market daily report (February 26, 2015, Thursday)

February 26, 2015, Thursday
Net neutrality rules were voted in by the Federal Communications Commission on Thursday, imposing the toughest rules yet on Internet service providers, aiming to ensure fair treatment of all web traffic through their networks. Lawsuits are expected from cable and telecoms providers with the argument that the tougher regulatory regime will stifle investments which will result in hurting consumers.

US stock market, economy and companies update (February 26, 2015)

February 26, 2015, Thursday
The US January CPI inflation report roiled global markets earlier this morning, although the volatility stemming from the data has pretty much subsided mid-morning. As of writing, the DJIA is up 0.04%, the S&P500 is down 0.11% and the Nasdaq is up 0.28%. The US CPI inflation reading for January has fallen into negative territory for the first time since December 2009, with the -0.1% decline a big slip from the prior month's +0.8% reading.

Indian stock market daily morning report (February 26, 2015, Thursday)

February 26, 2015, Thursday
Benchmark indices shed early gains to end on a flat note with bank shares leading the decline as caution prevailed ahead of the expiry of February derivative contracts while concerns over Railway Budget and Union Budget kept risk-appetite subdued. The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively. Three Cement stocks closed 1.43% to 2.57% up on BSE amid expectations that the government will rationalize excise duty structure for the cement sector in upcoming Union Budget 201516. ACC (up 2.57%), Ambuja Cements (up 1.43%), and UltraTech Cement (up 1.75%), gained.

Indian stock market and companies daily report (February 26, 2015, Thursday)

February 26, 2015, Thursday
Indian markets are likely to open on a flat note tracking the SGX Nifty. US markets ended on a flat note with the gains in the consumer discretionary stocks being offset by decline in the utility stocks. European markets declined marginally. Back home, Indian markets ended on a flat note. The indices were firm till the afternoon but were dragged during the latter part by the Banking and the FMCG stocks.

US stock market daily report (February 25, 2015, Wednesday)

February 25, 2015, Wednesday
Day Traders and investors each have their own definition per the 'tax man'. By the definition from the Internal Revenue Service, if you place a few trades throughout the week, you're likely to be considered an investor. If you actively trade during the day, you're most likely to be considered a trader or day trader. Regardless of what you read here or anywhere, consult your tax preparer before you have your 2014 Federal Income Tax prepared.

US stock market, economy and companies update (February 25, 2015)

February 25, 2015, Wednesday
Both the DJIA and the S&P500 closed at fresh all-time highs yesterday and this morning the indices are hovering around the same levels. Fed Chair Yellen largely reiterated her comments from yesterday and has strongly defended the Fed's need for independence in policy making. Meanwhile, the 10-year UST yield is back below 2%, around 1.990% as of writing. The DJIA and S&P500 are basically flat, while the Nasdaq is up 0.10%.

Indian stock market daily morning report (February 25, 2015, Wednesday)

February 25, 2015, Wednesday
Markets ended flat amid a choppy session as traders remained cautious ahead of the key economic events such as Railway Budget, Economic Survey and Union Budget along with expiry of February derivative contracts this week. Further, global ratings agency Standard & Poor's report on India's sovereign credit worthiness also weighed on sentiment. The 30-share Sensex ended higher by 30 points at 29,004.66 and the 50-share Nifty gained 7 points at 8,762.10.

Indian stock market and companies daily report (February 25, 2015, Wednesday)

February 25, 2015, Wednesday
Indian markets are likely to open positively tracking the SGX Nifty and most of the Asian peers. US markets ended on a positive note, scaling a new high after Fed's remarks that it would be patient in raising interest rates. European markets gained after Eurozone finance ministers approved reform proposals submitted by Greece. Back home, Indian markets closed up marginally in a highly volatile session.

US stock market daily report (February 24, 2015, Tuesday)

February 25, 2015, Wednesday
According to a study presented Monday at a meeting of the American Academy of Allergy, Asthma and Immunology in Houston, Texas, the prevalence of peanut allergies has doubled in the past decade, increasing to 3% of children in developed countries. Although peanut allergies are relatively rare, due to the potentially deadly reaction for those allergic to peanuts, many schools, cafeterias and day care centers have banned nuts and peanut butter as a precautionary measure.

US stock market, economy and companies update (February 24, 2015)

February 24, 2015, Tuesday
Comments by Fed Chair Yellen have lifted markets this morning, although there is as yet little new material in her prepared remarks or the Q&A session. As of writing, the DJIA is up 0.40%, the S&P500 is up 0.22% and the Nasdaq is up 0.08%. In her prepared remarks, Yellen largely reiterated prior points, including that changes to the forward guidance/patience language would precede hikes but would not necessarily indicate imminent tightening. The Big Questions including employment and inflation. On the former, Yellen accentuated sluggish wage growth and participation, saying the labor market is not yet fully healed.

Indian stock market daily morning report (February 24, 2015, Tuesday)

February 24, 2015, Tuesday
Markets started the week ahead of the Budget session on a sluggish note, amid a choppy trading session, on sustained selling in energy and select banking shares. Further, investors turned cautious and booked profits ahead of the key events including Economic Survey, Railway Budget and Union Budget along with the expiry of February derivative series due later during the week. The 30-share Sensex ended 256 points lower at 28,975 whereas the 50-share Nifty lost 79 points to close at 8,755.

Indian stock market and companies daily report (February 24, 2015, Tuesday)

February 24, 2015, Tuesday
Indian markets are likely to open flat tracking the SGX Nifty and most of the Asian peers. US markets ended slightly lower as a decline in oil prices weighed on the energy stocks. European markets ended on a flat note after rising earlier in the day, dragged by disappointing results of HSBC and decline in shares of Standard Chartered.

US stock market daily report (February 23, 2015, Monday)

February 23, 2015, Monday
On Monday, the National Association of Realtors (NAR) said that existing home sales in January, fell by 4.9% to an annual rate of 4.82 million units, striking the lowest level seen since April 2014. Shortage of available homes on the market triggered a setback that could temper expectations for an acceleration in housing activity for 2015. Tight inventories will keep home prices elevated, keeping first time home buyers on the sidelines.

US stock market, economy and companies update (February 23, 2015)

February 23, 2015, Monday
US equities have moved lower this morning and the UST 10-year yield has come in nearly four basis points in a cautious atmosphere. Greece remains a live issue and participants are positioning ahead of Fed Chair Yellen's Humphrey-Hawkins monetary policy report to Congress this week. As of writing, the DJIA is off 0.26%, the S&P500 is down 0.17% and the Nasdaq is down 0.18%.

Indian stock market daily morning report (February 23, 2015, Monday)

February 23, 2015, Monday
Markets snapped seven day winning streak on sustained selling in energy and IT shares with Reliance Industries contributing the most to the decline on reports that one of its employees was arrested by the Delhi Police for illegally sourcing government documents. Further, caution prevailed across the bourses ahead of the Union Budget to be presented in the forthcoming week. The Sensex ended 231 points lower at 29,231 whereas the Nifty slipped 62 points to close at 8,834.

Indian stock market and companies daily report (February 23, 2015, Monday)

February 23, 2015, Monday
Indian markets are likely to open flat tracking the SGX Nifty. US markets rose as Greece reached a deal on its bailout programme and investors speculated the Federal Reserve will keep rates lower for longer period. European markets rose as Greece managed to reach an agreement with Eurozone on its bailout programme. Back home, Indian markets edged lower amid uncertainty over outcome of Eurozone meet to decide on Greece's bailout programme.

US stock market daily report (February 20, 2015, Friday)

February 20, 2015, Friday
Duodenoscopes are reusable devices that are inserted down the throat of patients during medical procedures. The device consists of flexible tubes outfitted with tiny lights and advanced cameras, used to diagnose or treat disorders of the gastrointestinal tract in nearly 500,000 procedures a year in the United States alone. The complex design of the device is under review by the U.S. Food and Drug Administration as it may impede effective cleaning that is attributed to the 'superbug', known as CRE, outbreak at UCLA Ronald Reagan Medical Center in Los Angeles.

US stock market, economy and companies update (February 20, 2015)

February 20, 2015, Friday
European and US equities have been volatile today as traders try to sort out the chances of a Greece deal today. In addition, there was a possible break in the West Coast port strike, which appears to have helped pull the S&P500 off its lows. Nevertheless, the 10-year UST yield has tightened up four basis points to trade around 2.08%. As of writing, the DJIA is flat, the S&P500 is down 0.15% and the Nasdaq is flat.

Indian stock market daily morning report (February 20, 2015, Friday)

February 20, 2015, Friday
Benchmark shares indices rebounded from their day's lows to finally gain for the seventh straight session led by metals and select IT majors. The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895. Five sugar stocks closed 1.07% to 3.45% up on BSE on reports that the Cabinet may today, 19 February 2015 consider the proposal of subsidy for raw sugar exports. Simbhaoli Sugars (up 2.62%), Dhampur Sugar Mills (up 1.07%), Dalmia Sugar (up 1.79%), Triveni Engineering Industries (up 1.54%), and KCP Sugars (up 3.45%), edged higher.

Indian stock market and companies daily report (February 20, 2015, Friday)

February 20, 2015, Friday
Indian markets are likely to open on positive note, tracking SGX Nifty and some of the Asian peers. US market ended on flat note, reflecting uncertainty about the situation in Greece, as traders continued to keep a close eye on the ongoing debt negotiations. European markets ended Thursday's session in positive territory, despite some rather chaotic developments regarding the situation in Greece. Greece requested a six month extension to repay its debt, but its proposal was rejected by Germany.

US stock market daily report (February 19, 2015, Thursday)

February 19, 2015, Thursday
Dietary Guidelines Advisory Committee - scientists helping to revamp dietary guidelines as U.S. obesity levels surge - released a report on Thursday, calling for Americans to be taxed on sugary snacks and sodas in efforts to reduce sweets intake. The recommendation from the committee comes after studies tie snacks and sugary beverages to high obesity rates. Food lobbyist will begin their battle as they worry over how their products will be treated by the departments of Agriculture and Health and Human Services (AHHS).

US stock market, economy and companies update (February 19, 2015)

February 19, 2015, Thursday
US futures were in the red before the open as the Germans said Nein to Greece's most recent bailout plan. The impact was not lasting and equities have crept back to unchanged as of writing. The DJIA and S&P500 are both more or less flat on the session, while the Nasdaq is up 0.43%. The Germans have rejected Greece's latest proposal, which only hours earlier most commentators were calling a capitulation by Athens. In its offer, Greece recognized that the existing bailout agreement was binding.

Indian stock market daily morning report (February 19, 2015, Thursday)

February 19, 2015, Thursday
Benchmark indices ended higher for the sixth straight session led by the gains in financials, information technology and select auto stocks on hopes that the government will give a strong thrust to the reform agenda in upcoming budget which along with benign inflation data may provide the cue to the central bank to cut key rates further. The 30-share Sensex closed 184 points higher at 29,320 and the 50-share Nifty ended up 60 points at 8,869.

Indian stock market and companies daily report (February 19, 2015, Thursday)

February 19, 2015, Thursday
Indian markets are likely to open on positive note, tracking SGX Nifty and some of the Asian peers. US market ended on flat note, it was a volatile trading session following the release of the minutes of the Federal Reserve's January monetary policy meeting. European shares continue to rise on expectation that Greece would reach an agreement with its international leaders. Indian markets continued its positive momentum, taking cues from global indices. Private banking & financials, technology and FMCG stocks supported the indices.

US stock market daily report (February 18, 2015, Wednesday)

February 18, 2015, Wednesday
In a study of mice published in the journal Nature on Wednesday by a group of scientists led by Tamas Horvath - scientist at Yale University - the active ingredients in marijuana essentially makes appetite-curbing regions of the brain reverse functions. The study focused on molecules - called receptors - that cannabinoids bind to and activate in the brains of both mice and men. The receptors sent out a signal quieting nearby neurons that suppress appetite, potentially leading to the munchies. Neurobiologists reported that neurons that ordinarily transmit a signal that means, "you're full, stop eating," instead gives the brain - munchies.

US stock market, economy and companies update (February 18, 2015)

February 18, 2015, Wednesday
US equities are a bit lower today after the S&P500 notched all-time intraday and closing highs, and the DJIA came within points of the same during yesterday's trading. Few analysts expect any earthshaking revelations from the release of the FOMC minutes this afternoon. As of writing, the DJIA is down 0.19%, the S&P500 is down 0.21% and the Nasdaq is down 0.05%

Indian stock market daily morning report (February 18, 2015, Wednesday)

February 18, 2015, Wednesday
Markets ended flat with positive bias on Monday after easing whole-sale price inflation led to renewed buying interest in stocks of fast moving consumer goods companies. The 30-share Sensex ended up 41 points at 29,136 and 50-share Nifty gained 4 points at 8,809. Suzlon Energy closed 19.84% up at Rs 22.95 on BSE after the company said it has signed definitive agreements with Dilip Shanghvi Family and Associates for equity investments of Rs 1800 crore in Suzlon Energy.

Indian stock market and companies daily report (February 18, 2015, Wednesday)

February 18, 2015, Wednesday
Indian markets are likely to open on positive note, tracking SGX Nifty and some of the Asian peers. US market ended in positives, hitting another record intraday high as optimism grew that a debt deal would be reached with Greece. European shares rcovered from its earlier losses and close flat, on signs of Greek bank will continue to get emergency funding despite a breakdown in debt talks between Athens and euro zone ministers.

US stock market daily report (February 17, 2015, Tuesday)

February 17, 2015, Tuesday
The U.S. Treasury Department's Office of Financial Research (OFR) launched its first ranking of a group of 33 large U.S. banks, with assets over $50 billion, with a numerical risk score. Banks ranking this big is size are deemed "systemically important" and are subject to tighter rules. The eight largest banks in the group are held to even tougher standards. The risk score is based on metrics such as size, interconnectedness, complexity and cross-border activities as well as a measure of a bank's risk as a ratio of the 100% total in a worldwide group of banks.

US stock market, economy and companies update (February 17, 2015)

February 17, 2015, Tuesday
The EU's latest failure to reach a bailout deal with Greece and the ceasefire violations in eastern Ukraine are modestly constraining risk appetite in Europe and US trading this morning. Jitters are helping keep the yield on the 10-year UST above 2.0%. As of writing, the DJIA is down 0.12%, the S&P500 is down 0.10% and the Nasdaq is off 0.10%.

US stock market daily report (February 16, 2015, Monday)

February 16, 2015, Monday
While U.S. markets were closed Monday in observance of Presidents Day, talks between Greece and euro zone finance ministers broke down - in less than four hours - over the country's debt, after Athens rejected a proposal to request a six-month extension of its international bailout, calling it "unacceptable". Fraying patience was evident from all parties. It remains unknown as to how long Greece can keep itself afloat without international support.

US stock market, economy and companies update (February 16, 2015)

February 16, 2015, Monday
Greece Fin Min Varoufakis wrote an op ed article that stressed that Greece would not cross the red line it has drawn; country was not bluffing in its talks with creditors . Reiterated view that Greece was looking for a few months of financial stability to allow the country to embark upon the task to reform that the broad Greek population can own and support. Greece looked to bring back economic growth and end its inability to pay its dues.

Indian stock market daily morning report (February 16, 2015, Monday)

February 16, 2015, Monday
Benchmark indices continued their winning streak for the fourth consecutive session after (SBI) managed to stem rise in bad loans in its fiscal third quarter and reported 30% increase in net profit for the December ended quarter. Further, better than-expected quarterly earnings posted by blue chip companies including Cipla and M&M amid firm global cues boosted the trading sentiments.

Indian stock market and companies daily report (February 16, 2015, Monday)

February 16, 2015, Monday
Indian markets are likely to open on positive note, tracking SGX Nifty and some of the Asian peers. US market ended in positive was due to a continued increase by the price of crude oil, which saw further upside after jumping sharply on Thursday. European shares rose on Friday, boosted by robust growth figures from Germany and by a recovery in Greek stocks.

US stock market daily report (February 13, 2015, Friday)

February 13, 2015, Friday
On Friday, the University of Michigan announced that the consumer sentiment index in early February dropped to 93.6 from a reading in January of 98.1. Even with the drop from January's reading, the index was at the second highest level seen since January 2007. Over the last three months the economy has added more than a million jobs, something not seen since 1997. During early February, households were less upbeat over current economic conditions. The same held true for a dimmer outlook over the next six months.

US stock market, economy and companies update (February 13, 2015)

February 13, 2015, Friday
The S&P500 is back at all-time highs this morning while the DJIA is above 18,000 for the first time since late December. Both sides of the Greek situation continue to reiterate firmly held positions, although EU's European Commission President Juncker warned the EU is still far away from a deal with Greece. As of writing, the DJIA is up 0.21%, the S&P500 is up 0.23% and the Nasdaq is up 0.44%

Indian stock market daily morning report (February 13, 2015, Friday)

February 13, 2015, Friday
Markets gained for the third straight day amid a rally in late trades led by capital goods and financials. The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712. HDFC Bank closed 1.80% up at Rs 1,077.60 on BSE as fresh shares allotted by the private sector bank to institutional investors recently were admitted for trading on the bourses today, 12 February 2015.

Indian stock market and companies daily report (February 13, 2015, Friday)

February 13, 2015, Friday
Indian markets are likely to open on positive note, tracking SGX Nifty and some of the Asian peers. US market ended in positive territory on positive news of an impending ceasefire in eastern Ukraine. European share indexes hit multi-year highs on Thursday, boosted by a Ukraine peace deal and new economic stimulus measures in Sweden. Indian markets ended on positive note as it surged in the later part of trading session after European leaders brokered a cease-fire deal in Ukraine.