Automobile War : Tata Motors gunning for lost crown as Maruti gives up the gains

Midway through current financial year, Maruti Suzuki regulated to snatch the crown of the largest automobile company in the our country in terms of market capitalisation (m-cap) from Tata Motors.

Since then, it has been a big clash of the titans in the automobile industry, with the battle going to enter a new phase in the up-coming financial year.

Maruti Suzuki's market-cap stood near Rs 1,09,928.00 crs on 1st April, 2015, when Tata Motors' m-cap was a staggering Rs 1,92,518.07 crs, data compiled by experts.Click for Stock option tips

A year on, Maruti Suzuki is at the same level despite having lost close to Rs 31,000 crs in m-cap current year, while Tata Motors m-cap has fallen deeply to Rs 1,04,417.79 crs, a Rs 88,100 crs erosion in a matter of months.

"Tata Motors is a far better story at present level, with its commercial vehicle cycle playing out positively. We have got to just keep a tab on how the margins in China shape up.

Evidently, they are going very well in the US(United States) and even in the rest of the world," he contributed.

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Rupee updates : INR went high today 4 Feb, 2016

Today, The INR(rupee) appreciated 26 paise to 67.81 against the US(United States) dollar in early trade on yesterday after Fed comments weak data releases in the United States pushed dollar low against major currencies of world.Click For Options tips

The native currency ended at 68.07, down 9 paise as compared to the greenback on yesterday amid sustained dollar requirement from banks and importers.

President of the Federal Reserve Bank of New York, told that financial conditions are considerably tighter and a weakening overview for the world wide economy would have to be taken into account, while considering further rate hikes.

Most other Asian markets were trading mixed. Japan's Nikkei dived 0.7 per-cent while South Korean Kospi traded high by a per-cent. Hong Kong's Hang Seng index was up 1.56 per-cent. Mainland China's CSI 300 traded higher by 1.6 per-cent.

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Despite cold weather, Natural Gas closed low 25 Jan, 2016

Natural Gas futures closed low in the local market on Friday last week even as a massive blizzard rocked the US East Coast, bringing life to almost a standstill and raising hopes of a pickup in requirement for the heating fuel in the

About 49 per-cent of US(United States) households use natural gas for heating purposes. November to March is the peak US gas heating season.

Despite a newely drop in stockpiles, total US gas storage levels remain 17 per-cent above the five-year average for present time of year, indicating that the market is more than adequately supplied, weighing on prices.

MCX : Natural Gas futures for Jan 2016 contract ended at Rs 145.4 per mmBtu, down by 0.14 per cent, after opening at Rs 146, against the previous ending price of Rs 145.6. It attained an intra-day low of 143.10.

world’s largest economy. Cold temperatures tend to boost requirement for gas-fired heating at offices and homes.

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Mcx crude oil imports from the Persian Gulf nation 19 Jan

 Crude oil imports : With crippling international sanctions against Iran ending, India is going to increase Mcx crude oil imports from the Persian Gulf nation and get oilfield contracts but faces an immediate USD 5.8 billion payout in past oil dues.

Under pressure from US & the other western powers, India had relegated its 2nd largest oil suppliers by cutting down purchases from 21.2 million tons in 2009-10 to 11 million tons in 2013-14. Imports have been of that order in previous three years. Now with the lifting of sanctions, Indian refiners are looking at increasing import volumes. "Iran offers the best terms of oil sales.

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Share Tips : Global slowdown to continue this year 12 Jan, 2016

Share Tips For Today : At presently the global economy is not doing very well. Previous year was one of the worst years in the century. The only time the economy was worse was during the previous two recessions — one at the starting of the 21st century & the other at the time of global financial crisis. 2016 is going to be as worst as there is a world wide slowdown, with countries like Brazil and Russia in recession time.

Though there are no structural problems, there are problems of global requirement. Europe is stagnating, while the US is progressing slowly. The deficiency in global demand will inevitable affect China, and due to weak global requirement, China's exports will be affected which will weaken the economy.

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Rupee went down by 4 paise to 66.86 7 Jan, 2016

Today, the INR(rupee) went down by 4 paise to 66.86 as compared to the US dollar in early trade on Thursday after the Chinese central bank, PBoC, set the yuan midpoint to its lowest & weakest level since March 2011.

The People's Bank of China fixed the official guidance rate 0.5 per-cent weaker than Wednesday's fix of 6.5314, which is its biggest daily fall since 2015's August month. The Chinese yuan fell down by 0.39 per-cent to 6.58 against the greenback.

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Mcx crude Oil slips due to weak US, China factory data

Crude oil futures ended lower in the domestic market on Monday as investors and speculators weighed heightened tensions in the Middle East amidst a Saudi-Iran spat over the execution of a well-known Shiite cleric by Saudi Arabia, and steep factory contractions in the US and China, which threatened to cast uncertainty over the demand outlook for the fuel from the world’s top two economies.

While a Saudi-Iran spat may cause some short-term volatility in oil prices amidst worries over supplies from the crude-rich Middle East region, in the long-term the diplomatic row may push oil prices lower with both countries unlikely to work together to support prices. Iran is aiming to produce as much as 1.5 m barrels of oil each day current year as it awaits the lift-off of West-imposed sanctions.

Producing activity in the US(United States) shrank at the fastest pace in more than 6 years, with the ISM’s factory gauge falling to 48.2 in Dec from 48.6 in Nov, while US(United States) construction spending dropped 0.4 per-cent in Nov month, signaling a faltering recovery in the world’s biggest economy that may curb fuel requirement.

Oil may expand losses today amidst fears that a slowing world wide economy may sap fuel demand.

MCX : Crude oil futures, for the Jan 2016 contract, ended at Rs 2,465 per barrel, went down by 0.60 per-cent, after unlocking at 2,494, against the previous close price of Rs 2,480. It attained an intraday low of Rs 2,433.

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Sensex, nifty, commodity updates this year 1 Jan, 2016

Year 2015 might have become washedout year for local equities, but analysts at top brokerage firms estimate the equity benchmark Sensex to re-form up to the 35,000 level, a 30 per-cent upside from yesterday's closing of 26,117.54, in the year 2016. Click For Commodity Tips

In a poll conducted by researchers among 10 brokerage firms, the majority projected Nifty-50 to grow up to 38 per-cent in the year 2016 to scale a peak of 11,000 by Dec 2016.

For this year, the index was down by over 6 per-cent amid worries over an interest rate hike by the US Federal Reserve, decrement in the value of yuan, a crash in prices of commodity such as crude & a slowdown in world wide economic growth.

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OMG ! Federal Increase rate by 25 bps 17 Dec, 2015

 

FOMC -  Closing months of speculation, observation and for the 1st time in the decade, the US Fed Reserve's rate-setting Fed Open Market Committee (FOMC) increased its Fed Funds Rate by 25 basis pts from the 0-0.25 per-cent range to a target of 0.25-0.5 per-cent.

The historical shift, anticipated for over a year, marks the exit of the zero interest rate policy, which had been into place in the wake of the financial crisis of 2008 year. The result comes on the back of some particularly powerfull macroeconomic data emerging out biggest economy of the world:given the backdrop of slow growth world wide, which is showing in the current commodity slump, the worst since the 2008 crisis.

Experts, moreover, say that more than today's rate increase, the Fed's monetary policy course through the next year will be more important -- in that, how many, if any, further rate hikes can be estimated in 2016.

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