BUY BUY BUY IDFC FUTURE @ 62 TARGET 64 SL 61 - BEST INTRADAY TIPS IN STOCK FUTURES

BUY BUY BUY

IDFC FUTURE @ 62

TARGET

63, 64 

INTRADAY

BUY NIFTY FUTURE - BEST INTRADAY TIPS

BUY BUY BUY

NIFTY FUTURE @ 8212 

TARGET

8363 

ONE DAY POSITIONAL

NIFTY 8100 CALL @ 15 TARGET 100

BUY BUY BUY

BUY NIFTY 8100 CALL @ 15 TARGET 100 

TILL EXPIRY

STOPLOSS 0

BUY NIFTY 7900 CALL @ 80 TARGET 175

TILL EXPIRY

STOP LOSS 60

NIFTY SUPPORT AT 7926, 7740

NIFTY SUPPORT LEVELS:

ZOOM IN TO VIEW LARGER PICTURE

PRAYER FOR ALL

PRAYER FOR ALL

Moody's Expects RBI to Cut Rate to Boost Growth

Press Trust of India | Last Updated: July 30, 2015 19:03 (IST)

New Delhi: With less than a week left for the RBI's next monetary policy, Moody's today said there is room for rate cut and expressed hope that the central bank would reduce it by 0.25 per cent to push growth.
 

In its report -- India Outlook: Waiting for Reforms to Fuel Growth -- Moody's Analytics, an economic research unit of Moody's Corp, also pitched for reforms to achieve its potential growth rate which is around 10 per cent.
 

"We believe the RBI will cut interest rates again this year. There could be two more 25-basis point rate cuts in 2015... Accommodative monetary policy will lift GDP to 7.6 per cent in 2015, increasing to 8 per cent in 2016," it said.
 

RBI, which has already cut interest rates by 0.75 per cent so far this year, will announce its third bi-monthly policy review on August 4.
 

Observing that monsoon is not as bad as anticipated and there has been a general fall in global oil prices, the report said "the decline in commodity prices in general has given the RBI room to cut interest rates".
 

The report also cautioned that lack of reforms in areas such as land acquisition, labour laws and Goods and Services Tax (GST) could "derail medium to long term growth prospects".
 

"Though the economy has been in a cyclical upswing since late 2014, it has failed to gain broader momentum. Green shoots are slowly emerging, but the government's failure to deliver promised reforms is the major impediment," it said.
 

Moody's Analytics said that if India is to catch up to global economic powerhouses such as China, reforms must be delivered swiftly. Reforms can accelerate growth and improve prospects, particularly in emerging market economies.
 

The logjam in Parliament, the report said, is hindering passage of key reform bills.
 

"India's political infighting is denting business confidence. Without a majority in the Upper House, the ruling Bharatiya Janata Party's power has been nullified and the opposition has blocked proposed reforms.
 

"Key reforms such as the land acquisition bill, flexible labour laws, and the goods and services tax have failed to pass parliament. And given the political seesaw, these are unlikely to be delivered until later this year or even 2016," it said.
 

The land acquisition bill is a catalyst to investment and passing the bill will improve India's business environment by speeding up the conversion of land for infrastructure use.
 

"Foreign firms are wary of investing in India, as lengthy delays in acquiring land tend to stall projects," it said.
 

Moody's Analytics is the economic research analysis unit of Moody's Corporation and is independent of Moody's Investor Service, the credit rating agency of the US-based firm.

China stocks tumble, suffer biggest one-day loss in eight years

Markets | Mon Jul 27, 2015 3:54am EDT

China stocks tumble, suffer biggest one-day loss in eight years

SHANGHAI | BY SAMUEL SHEN AND PETE SWEENEY

Chinese shares tumbled more than 8 percent on Monday amid renewed fears about the outlook for the world's No. 2 economy, reviving the specter of a full-blown market crash that prompted unprecedented government intervention earlier this month.

Major indexes suffered their largest one-day drop since 2007, shattering a period of relative calm in China's volatile stock markets since Beijing unleashed a barrage of support measures to arrest a slump that began in mid-June.

The CSI300 index .CSI300 of the largest listed companies in Shanghai and Shenzhen plunged 8.6 percent, to 3,818.73, while the Shanghai Composite Index .SSEC lost 8.5 percent, to 3,725.56 points.

While the falls followed lackluster data on profit at Chinese industrial firms on Monday and a disappointing private factory sector survey on Friday, there was little to explain the scale of the sell-off.

Some analysts said fears that China may hold off from further loosening of monetary policy had contributed to souring investor sentiment.

"The recent rebound had been swift and strong, so there's need for a technical correction," said Yang Hai, strategist at Kaiyuan Securities.

He said the trigger was "a sluggish U.S. market amid stronger expectations of a Fed rate rise in the fourth quarter. That, coupled with China's rising pork prices, fuels concerns that China would refrain from loosening monetary policies further."

In late June and early July, Chinese authorities cut interest rates, suspended initial public offerings, relaxed margin-lending and collateral rules and enlisted brokerages to buy stocks, backed by central bank cash, to support share prices.

The battery of stabilization measures followed a peak-to-trough slump of more than 30 percent in China's benchmark indexes, which had more than doubled over the preceding year.

Chinese share markets had recovered around 15 percent since then, before Monday's renewed sell-off.

Stocks fell across the board on Monday, with 2,247 companies falling, leaving only 77 gainers.

Index heavyweights, including China Unicom (600050.SS), Bank of Communications (601328.SS) and PetroChina (600028.SS), slumped by their daily downward limit of 10 percent.

More than 1,500 shares listed in Shanghai and Shenzhen dived by the daily limit.

(Editing by Alex Richardson and Richard Borsuk)

NIFTY FUTURE MUST HOLD 8490 ; ELSE 8322, 8194 BEFORE EXPIRY

NIFTY FUTURE MUST HOLD 8490 ; 

ELSE 8322, 8194 

BEFORE EXPIRY

BANKNIFTY FUT HEADING TOWARDS 18400