Menu
Situs Panduan dan Solusi Terkini

Morning Call – India, July 27

  • Share
banner 468x60

banner 336x280

To access a PDF version of this newsletter, please click here https://share.refinitiv.com/assets/newsletters/Indiamorning/MNC_IN_07272021.pdf If you would like to receive this newsletter by email, please register at: https:// / Solutions.refinitiv.com/MNCIndiaSubscription Factors to Watch Page • 10:00 AM: Subscription to Glenmark Life Sciences’ subscription opens. • 11:30 am: M&M Financial Services Management when analyst called following first quarter earnings. • 2:30 pm: Coromandel International’s management during an analyst call following first quarter earnings. • 3:00 pm: Canara Bank’s Managing Director and CEO LV Prabhakar at a virtual press conference on first quarter earnings. • 4:00 pm: Power Finance Corp (commercial) and Director (projects) Praveen Kumar Singh, Adani Green Energy’s Chief Financial Officer Kushal Shah at CARE Ratings webinar on Renewable Energy. • 4:00 pm: Chief Economic Adviser Krishnamurthy Subramanian at BASE University webinar on economic reforms following the coronavirus outbreak. • 5:00 pm: Analyst call to InterGlobe Aviation management about first-quarter earnings. • 5:00 pm: Ramco Cement’s management contacted analysts regarding the first quarter earnings. • 5.15pm: IndusInd Bank management on a conference call regarding first-quarter earnings. • 5:30 pm: Dr. Reddy’s Laboratories management called the analyst about first-quarter earnings. PROMOTION LIVECHAT-REUTERS GLOBAL MARKETS FORUM Giovanni Stonovo, commodity analyst at UBS, discusses what the recent OPEC+ decision says for oil markets and the signals sent by regional oil price differentials. He will also discuss his outlook for gold and silver amid bouts of deflation in the markets, although the threat of the delta version of COVID-19 is still not fully known. To join the conversation at 8:00 PM IST, click on the link: https://refini.tv/2P8N0Wp INDIA HIGHLIGHTS • India misses vaccination target at end of July as Bharat Biotech lags India will miss target to manage over time period specific. An analysis of government data Monday showed half a billion doses of a COVID-19 vaccine by the end of the month as Bharat Biotech – the maker of its only approved domestic dose – struggles to boost production. • Paytm eyes its initial public offering (IPO) by the end of October, hopes to burst even in 18 months Indian digital payments company Paytm expects to launch its initial public offering (IPO) around the end of October, pending regulatory approvals, a source familiar with the matter said on Monday. • Parent company JLR expects demand recovery, warns of short-term impact of chip shortage, India’s Tata Motors said on Monday it expects improved performance from the second half of the current fiscal year, anticipating easing global supply constraints on rapid COVID-19 vaccinations. • Franklin Templeton will not launch debt funds in India as legal row continues, as money manager Franklin Templeton told India’s Supreme Court on Monday that he will not launch any unused debt funds during the ongoing legal dispute with the market regulator over the sudden closure of six funds trusts, people said People familiar with the matter told Reuters. • India ready to engage with Blinken on human rights, officials say India is elated of its pluralist tradition and happy to discuss the issue with US Secretary of State Anthony Blinken during his visit, State Department sources said following Washington said he intends to hoist the New Delhi issue. human rights record. Global Top News • Tesla posts record gain, delivers muddy outlook for batteries Cybertruck Tesla posted a larger-than-expected second-quarter gain on Tuesday thanks to higher sales of its less expensive electric vehicles, as it raised auto prices and cut costs. New skirmishes slow bipartisan US Senate infrastructure talks Fresh feuds erupted Monday between Republicans and Democrats negotiating details of President Joe Biden’s $1.2 trillion infrastructure plan, casting doubt on how quickly he could try The US Senate again to start a formal debate. • Intel builds Qualcomm chips, aims to catch rivals in foundries by 2025 Intel said Monday that its factories will start building Qualcomm chips and has laid out a roadmap to expand its unused foundry business to catch rivals such as Taiwan Semiconductor Co. and Samsung by 2025. Forecasts Local Markets (As reported by NewsRise) • The nearest month SGX Nifty futures traded 0.2% higher at 15845. • The Indian rupee is expected to rise against the US currency to track wide losses in the dollar ahead of the two-day Federal Reserve meeting. • India’s federal government bond yields are likely to begin largely unchanged as traders await a unused supply of state debt today. The benchmark bond produce of 6.10% due in 2031 is likely to trade in the range 6.14%-6.18%. Global Markets • All three US stock indices achieved record closing highs for the second successive session on Monday as investors were confident as they headed for a slew of profits from heavyweight technology and internet names this week, while caution remained ahead of the Federal Reserve policy meeting Market under watch . • Asian stock markets rose cautiously, following touching year-to-date lows the day prior, with traders keeping at fewest half an eye on the US as major companies report earnings and the Federal Reserve meets on policy this week. • The US dollar hovered just below recent tops, as investors turned to this week’s Federal Reserve meeting for clues about policy expectations, while cryptocurrencies fell sharply following trying to burst out of a months-lengthy range. • US Treasury yields drifted higher in choppy trading on Monday, recovering from sharp declines earlier in the session and tracking shifts in risk appetite, with caution ahead of this week’s Federal Reserve monetary policy meeting. • Oil prices were flat, as investors bet on tight supply, and higher vaccination rates would aid offset any impact on demand due to rising COVID-19 cases worldwide. • Gold prices were flat, held below the key level of $1800 an ounce, as investors turned cautious ahead of the outcome of this week’s US Federal Reserve meeting in search of clues about when the central bank might rein in its simple monetary policies. Close FII Equity PNDF Spot 74.48 / 74.51 Jul 26 (215.11) Crores 239.80 Crores 10 Years Bond Yield 6.169% per month (5,904) Crores (927) Crores YTD 54,440 Crores (23,078 Crores) FII investment figures in Indian rupees (Source: National Securities Depository Limited) Additional data: Indian government bond market volumes, stock market reports, non-deliverable futures data, corporate debt stories [IN CORPD] Local market close / intraday levels المستويات [IN SNAPSHOT] monthly flows [INFLOWS RTRS TABLE IN] ($1 = INR 74.33) (Collected by Hanil Jacob in Bengaluru)

Continue reading

Referensi: www.msn.com

banner 336x280
banner 120x600
  • Share