Today: India car sales data for June; L&T Infotech IPO opens; Coal India buyback; IndusInd Bank earnings; ICICI Bank annual shareholders' meeting. WHAT TO WATCH:
- India signs water-supply agreement for Zanzibar: Modi
- Kenya, India to sign double taxation avoidance agreement
- India to recalibrate trade pact talks with EU post-Brexit
- India direct tax collection up to June +24.79% to INR1.24t
- Indirect tax collection up to June grows 30.8% y/y to INR2t
- South Africa looks to diversify exports to India: Zuma
- India gold imports slump 52% in first half of 2016 on prices
- India's state pension fund invested INR70b in ETF past yr
- India monsoon-sown crop acreage 40.63m hectares as of July 8
- India 2016-17 coffee crop post blossom est. at 320,000 tons
- Forex Reserves +$2.4b to $363.2b in week to July 1: RBI
- ICICI Bank seeks to raise Up to INR250b selling bonds
- Coal India to consider proposal for buy back of its shares
- Kajaria Ceramics to consider merging of Kajaria Securities
- Shriram EPC to consider shares issue to CDR lenders & founders
- Tata Power to consider issue of NCDs
- Global funds +INR3.31b of local stocks; domestic funds - INR5.13b on July 8: Provisional data
- Asian stocks rose, tracking gains in U.S. shares after a strong jobs report eased concerns about the world's largest economy.
MEDIA REPORTS:
- Brookfield Asset Mgmt said to eye RCOMM's Tower Co.: ET
- Essar Steel's Minnesota unit files for chapter 11: WSJ
- Jaitley questions high interest rates on savings: PTI
- Telecom ministry clears Airtel-Aircel spectrum deal: PTI
- Ineos's Ratcliffe plans to resurrect Land Rover Defender: Times
- Neyveli may buy 75% stake in Damodar Valley Power project: ET
ECONOMY:
- 11:30am: India car sales data for June (prior 158,996)
CENTRAL BANK:
- Eight Indian states to sell INR114b of debt on July 12
GOVERNMENT:
- 10am: Health & Family Welfare Minister at workshop on World Population Day in New Delhi
- 6:30pm: Urban Development Minister at CSE book release in New Delhi
BOND SALES:
- Tata Motors plans to sell INR3b 2-year bonds at 8.13%
EARNINGS:
- IndusInd Bank (IIB) 1Q 6.53b (12)
CONFERENCES/CORPORATE EVENTS:
- 11am: Google Inc. to announce launch of the Android Skilling program in New Delhi
- 11:30am: SIAM briefing on April-June car sales figures in New Delhi
- Noon. CRISIL to hold teleconference to discuss 'Tracking the Quality of India's Growth'
- 1:45pm: Romesh Sobti, MD & CEO of IndusInd Bank to discuss 1QFY17 earnings
- 3:30pm: AIAI, WTC session on 'BREXIT: Impact on Indian Economy'
- AGMs:
- ICICI Bank, Radico Khaitan
OFFERINGS:
- Larsen & Toubro's offer for L&T Infotech shares in IPO opens today, closes July 13. Raised INR3.73b, selling 5.25m shrs to 22 anchor investors at INR710 each
ANALYST RATINGS/RESEARCH:
- Bajaj Electricals cut to accumulate from buy at Angel Broking
- Blue Star cut to accumulate from buy at Angel Broking
- IL&FS Transportation cut to accumulate at Angel Broking
MARKETS:
- S&P 500 +1.5% to 2,129.9
- Stoxx Europe 600 +2.1% to 2,838.01
- MSCI Asia Pacific Index +2.1% to 130.9
- Global Commodity Prices Overview
- Gold spot +0.3% to $1,370.36 oz
- Brent futures -0.7% to $46.42/bbl
- SGX CNX Nifty Index futures for July delivery +1.1%
- Sensex -0.3% to 27,126.90
- Nifty -0.2% to 8,323.20
- Yield on 7.59% bonds maturing Jan. 2026 at 7.38% on July 8
- INR little changed at 67.37/USD
EQUITY PREVIEW:
- Bayer CropScience (BYRCS): To adopt Ind-AS; FY16 financials to see impact
- Tata Steel (TATA): In venture talks with Thyssenkrupp on Europe business
- Tata Motors (TTMT): June global wholesales gain 21% y/y to 92,551 units
- United Spirits (UNSP): Inquiry finds fund diversions of about INR9b; Mallya says all transactions legal
- Vedanta (VEDL): Says it will boost Africa, South Africa investment
You received this message because you are subscribed to the Google Groups "LONGTERMINVESTORSRESEARCH" group.
To unsubscribe from this group and stop receiving emails from it, send an email to longterminvestorsresearch+unsubscribe@googlegroups.com.
Visit this group at https://groups.google.com/group/longterminvestorsresearch.
For more options, visit https://groups.google.com/d/optout.
No comments:
Post a Comment