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Brent crude hit a nine-month high near $115 a barrel on Thursday on concerns heavy fighting in Iraq could limit oil supply from Opec's second-biggest producer.
Government forces battled Sunni militants for control of Iraq's biggest refinery as Prime Minister Nuri al-Maliki waited for a US response to an appeal for air strikes to beat back the threat to Baghdad.
The Baiji refinery, 200 km (130 miles) north of the Iraqi capital, was a battlefield as troops loyal to the Shi'ite-led government held off insurgents from the Islamic State of Iraq and the Levant and its allies who had stormed the perimeter, threatening national energy supplies.
If the 300,000 barrels per day (bpd) refinery stays closed for long, Baghdad will need to import oil products to meet its own domestic consumption, further tightening oil markets.
The Narendra Modi government has cleared seven big-ticket investment projects worth Rs 21,000 crore, some of whom have been held up for decades, because of hurdles ranging from environmental issues to financing problems.
The oldest among them, which has been on the drawing board for over 30 years, is a 235 kilometre railway line that is critical to tap Chhattisgarh's second largest iron ore reserves and ensure the survival of the Bhilai Steel Plant whose current iron ore sources are expected to run out in a few years.
The oldest among them, which has been on the drawing board for over 30 years, is a 235 kilometre railway line that is critical to tap Chhattisgarh's second largest iron ore reserves and ensure the survival of the Bhilai Steel Plant whose current iron ore sources are expected to run out in a few years.
India's GDP is likely to rise to US$3 trillion by 2020 and US$5tn by 2025 and the financial sector will be an important part of this growth pickup, Morgan Stanley's macro team has outlined the case in a report.
The global investment bank is of the view that its (financial sector) success is critical to any pickup in the economy. We conclude that as economic growth picks up, India's currently underpenetrated financial services sector could deliver significant, outsized returns.
Alert:----
As Per Above Estimate Bull Case India's GDP $7 Trillion by Year 2025 .
1
If We Estimate GDP to Market Capitalization Ratio Around 80%
India's Capital Market Can give 4 Time Return From Current Level. In Next 10 Year.
2
If We Estimate GDP to Market Capitalization Ratio Around 100%
India's Capital Market Can give 5 Time Return From Current Level. In Next 10 Year.
3
If We Estimate GDP to Market Capitalization Ratio Around 120%
India's Capital Market Can give 6Time Return From Current Level. In Next 10 Year.
Alert :----
India's Current Market Capitalization Around $1.5 Trillion
Prime Minister Narendra Modi has said the nation needs to think big and focus on skill, scale and speed to revive India's growth story and called for substantially enhancing the "input of intellectual think-tanks" for better policy frameworks.
Speaking at a function to release a book edited by Bibek Debroy, Ashley Tellis and Reece Trevor titled "Getting India Back on track - an action agenda for reform", the PM also called for universities to actively analyse the developmental process in the country and contribute in making more informed policy-related decisions.
Modi released the book, published by Carnegie Endowment for International Peace, at his Race Course Road residence on Sunday. "The need of the hour is to think big. The more we focus on skill, scale & speed, it will increase India's growth trajectory," the PM later tweeted "Sadly, role of think tanks has not increased to provide critical inputs to policy making," the PM said, possibly referring to bodies like the Planning Commission that he had been extremely critical of, during his annual visits to Yojana Bhawan to discuss state allocations.
India's infrastructure building efforts, the PM said, need to shift from highways to "i-ways" and optical fibre networks. "Cities in the past were built on river-banks. They are now built along highways. But in future, they will be built based on availability of opticalfibre networks and next-generation infrastructure," Modi said, adding that urbanization should be treated as an opportunity instead of a problem.
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Warren Buffett’s investment ideas asks us to buy stocksof only those companies whose “fundamentals” are very strong and its stock is available at “undervalued price”. When we say strong fundamentals we mean a healthy financial report, unique product line which is run by exceptional managers.
Think Big TO EARN BIGGG
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What To Do Today..........
Our Opininon for Today's Market.......
1.Market Looks Volatile.....
1.Some Insider Say NIfTy go up to 6200
What To Do Today........
Nifty....Today Face Resistance at......7658...7695..7735
Nifty.....Today Support at ..7520...7462...7405
Nifty Range...6300--------7900
TRACK ME RESEARCH......
NEXT TGT FOR
Our Opinion for Today's Market.......
1.Stock Specific Movement Expected Today ......
2. Mid-caps Looks Good....
INTRADAY HOT STOCKS: 20/6/2014
buy 7500/7400 put till expiry ....sl 0 tgt 5 times
buy ashinpn @ 535 tgt 555/575/590 sl 495
buy ICICI BK SL 1395 TGT 1450/1480 sell below 1390
sell gail below 440 tgt 435/430 buy ab 442
buy cipla sl 400 tgt 440/450
BUY HDFCBK AROUND 815-825 TGT 840/850/880 SL 795
ALL PSU STOCKS LOOK GOOD
expiry expect around 7250/7350 this mounh
L&T FINANCE HOLDINGS
(BSE TICKER-533519@ Rs.75/-)
Yeessssssssssssssssssssssssss
RBI TO ANNOUNCE NEW BANK LICENCE SOON
L&T HOLDINGS EXPCTED TO GET FIRST BANKING LICENCE !!!!
Rs.90/120/- Rs.150/-
Alert:- Our Subscriber's Long in Stock!!!
DELTA CORP
(Bse Ticker-532848@ Rs.90/-)
Stock Again Ready For Big Up Move
Above Rs.101/-
Uppar Range For Stock Rise to Rs.140/-
TARGET
Rs.120/150 SL Rs.79/-
MARKSANS PHARMA
(Bse Ticker-524404@ Rs.18.80)
Just Watch Rs.19.25 Clsoing Above Rs.19.25
Gate Open For Stock To Cross Rs.28/-
TARGET
Rs.21/- Rs.24/- SL Rs.15/-
Forget Short Term Movment
