NSE India

Spread: CNX Infra Index

Profile:  The CNX Infrastructure Index captures the performance of companies in the infrastructure sector. This Index includes companies belonging to Telecom, Power, Port, Air, Roads, Railways, shipping and other Utility Services providers.

Bank Nifty Index update

Profile: The Bank Nifty Index is an index comprised of the most liquid and large capitalized Indian Banking stocks. It provides investors and market intermediaries with a benchmark that captures the capital market performance of the Indian banks.

NSE Nifty Weekly Outlook

Profile: The S&P CNX Nifty, a free float market capitalization index, is the leading index for large companies on the National Stock Exchange of India. It consists of 50 companies representing 24 sectors of the economy. The base level is defined as 1000 on November 3, 1995. In January 2005, its level was almost 2000.

Reliance Power: huge opportunities

Company profile: Reliance Power Limited develops, constructs, and operates power projects both domestically and internationally. 

CESC Ltd.: sellers make a push

Company profile: CESC Limited generates and supplies electricity in and around Kolkata. The Company also provides consultancy services for setting up power plants and for erecting transformers and electrical equipment.

E.I.D-Parry: deeper correction

Company profile: E.I.D-Parry is engaged in sugar with interests in areas of Bio Pesticides and Nutraceuticals. The Company also has a presence in farm inputs business through its subsidiary, Coromandel International Limited. The Company operates in five segment Farm Inputs, Sugar, Cogeneration, Distillery and Bio Products. 

Voltas: complex correction

Company profile: Voltas Limited offers engineering solutions for a wide spectrum of industries in areas such as heating, ventilation and air conditioning, refrigeration, electro-mechanical projects, textile machinery, machine tools, mining and construction equipment, materials handling, water management, building management systems, indoor air quality and chemicals.

Indices, Commodities, Forex

BBRG Cotton sub-index

Profile: Bloomberg Cotton sub-index, medium term outlook.

Shanghai Composite Index (CN)

Description: Shanghai Composite Index (SSE Composite).

EUR/USD Outlook

Profile: Euro vs US Dollar, medium term outlook

Gold (INR/ounce)

Profile: Gold spot in INR

What a difference a currency makes…

Below you find three examples of the major impact currencies have on market performance. Looking for opportunities abroad (if possible) certainly can be rewarding. The latest example with the EUR-CHF decoupling is a prime example: Swiss stocks like Nestle declines over 20% in an day, but Eurozone investors gained +10% due to the decline of EUR/CHF.

INR-crosses update

Profile: EUR/INR – USD/INR – GBP/INR, medium term outlook.

DAX Index (DE): considerable risk

Profile: German Xerta DAX Index, medium term outlook.

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