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Key Indicators as on 27-Feb-2015

Global Indices CMP 1w change
Sensex 29220.12 -0.04%
Nifty 8844.60 0.12%
Nikkei 18797.94 3.62%
Nasdaq 4963.53 0.15%
DJIA 18132.70 -1.09%
Hang Seng 24823.29 -0.04%
Sectoral Indices CMP 1w change
Auto 8935.35 0.68%
Bank 19691.20 3.24%
Energy 8696.15 0.30%
Finance 8033.45 2.37%
FMCG 21102.35 -4.73%
IT 12659.80 0.70%
Media 2231.45 -3.69%
Metal 2600.05 -0.84%
Pharma 11798.65 0.44%
Realty 239.40 3.21%
Global Commodities CMP 1w change
Gold ($/Oz) 1209.60 0.75%
Silver ($/Oz) 16.58 2.22%
Crude ($) 62.21 3.30%
Dollar / INR 61.67 -0.93%
Euro / INR 70.79 0.07%
Top Weekly Gainers CMP 1w change
Suzlon Energy Ltd. 25.60 33.7%
Jindal Steel & Power Ltd. 193.90 27.6%
Pipavav Defence & Offshore Engineering Company Ltd. 83.30 27.6%
Jaiprakash Power Ventures Ltd. 12.28 15.4%
IDBI Bank Ltd. 76.25 13.1%
Stocks near 52 week Low CMP 52w-Low
Rel. Comm 67.90 66.60

NEWS TRACKER

IT industry gives thumbs up to removal of Special Additional Duty on IT Products
Union Budget 2014-15 provided the much needed relief to domestic manufacturers of personal computers and tablets by addressing the issue of inverted duty structure suffered by the industry. However, only partial relief has been provided to the IT hardware manufacturing industry in limiting the exemption from levy of SAD to inputs / components used in the manufacture of personal computers (laptops / desktops) and tablet computers.… Read more from Source

Railway Budget: L&T, Titagarh & Texmaco etc to gain from proposed. Rs 8.56 lakh-crore spend
The ambitious expansion plan of the Indian Railways over the next five years will offer significant opportunities to companies that cater to the world’s largest employer and the fourth largest rail operator by network.
However, mobilisation of resources and execution will be major challenges considering the past record of Indian Railways. A focus on reducing operating costs by as much as 330 basis points in a year and expanding the freight volume by 50% in five years will help in generating better cash flows. The proposed investment of Rs 8.56 lakh crore over the next five years — over 1% of the GDP per annum — spells good times for the vendors. The ET Intelligence Group looks at stocks that would be major beneficiaries of the mega investment plan of the railways. These are also the strongest players in their domains…. Read more from Source

Highlights of Suresh Prabhu’s Rail Budget 2015

  1. Railway Minister Suresh Prabhu began on a funny note, saying “Hey Prabhu yeh kaise hoga” on Railway turnaround.
  2. Suresh Prabhu said we must restore the strength of Bharatiya Railway as the backbone of India.
  3. Railways to go through transformation in five years; to increase track capacity by 10 per cent to 1.38 lakh kms.
  4. Railway helpline number 138 will become operational for 24×7.
  5. Disposable linen on payment to be available at all stations.
  6. Toll free number 182 created for security related complaints.
  7. Introduction of ‘Operation 5-minute’ to ensure ticketless passenger get regular ticket within five minute of entering station.
  8. SMS alert service to be introduced on train arrival anddeparture; CCTVs to be introduced in selective trains and suburban trains for women safety.
  9. More general class coaches to be added in identified trains; more AC EMU services for Mumbai suburban section.
  10. Open wi-fi to be available at 400 railway stations; proposal to revamp the station re-development scheme.
  11. Projects worth Rs 96,182 crore to expand capacity of 9,420 km rail lines.
  12. Tickets can now be booked 120 days ahead of travel date, instead of 60 days now, to tackle tout menace.
  13. Four dedicated freight corridors to be completed this year; 6608 kms of track to be electrified.
  14. Wagon-making scheme to be reviewed to make it easier for private investment; Speed on nine corridors to be increased from 110-130 to 160-200 kms per hour.
  15. Feasibility report of high speed train between Mumbai and Ahmedabad expected by mid-2015.
  16. Preparing 5-year corporate safety plan to be ready in 3 months to identify annual quantifiable targets Rs 6,750 crore allocated for eliminating 3438 level crossings; 970 road-underbridge and road-overbridge to be constructed.
  17. Plan size raised by 52 per cent to Rs 111,000 crore.
  18. Regulatory mechanism to be set up for deciding on tariff and disputes: Project worth Rs 2,500 crore using BOT annuity route to be launched.…. Read more from Source

DLF to sell 50% stake in 4 projs to PE firms for Rs 3K cr
Realty major DLF plans to divest around 50 per cent stake each in four new housing projects to private equity firms for over Rs 3,000 crore, a senior company official said today. India’s largest real estate firm expects to close some of the deals by June and would utilise the funds to improve its cash-flows that have been affected due to slowdown in housing demand.… Read more from Source


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MARKETS THIS WEEK is a weekly report prepared by Agroy Finance & Investment Ltd.

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