Urban Inflation

Combined inflation for urban and rural areas increased marginally, to 5.40% in June 2015, from 5.01% in May. Inflation in urban areas increased to 4.55% in June from 4.41% in May. Food inflation in urban areas increased to 5.41% in June from 5.08% in May. In urban areas, inflation of vegetables remained steady at 6.77% year-on-year. Inflation related to fuel & power also remained steady at 3.60% in June. Inflation for housing, too, was steady at 4.48%. Inflation for clothing remained unchanged at 4.88%; for miscellaneous items, it increased to 3.39% in June from 3.13% in May.

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Nifty, Sensex, Bank Nifty weak – Tuesday closing report
If Nifty goes below 8,480, it will head towards 8400
 
We had mentioned in Monday’s closing report that NSE’s CNX Nifty may turn weak if it closes below 8,540. Up to 2.20pm Tuesday, the 50-stock index moved close to Monday’s closing. However, after this, it lost its strength, slid lower to hit a four-day (including today) low, and closed near to this level.
 
 
India VIX rose 0.92% to close at 15.0975. NSE recorded a volume of 88.07 crore shares.
 
Lower-than-expected first-quarter results and the logjam on the first day of Parliament's monsoon session dampened the sentiments in the Indian equity markets. The wider 50-scrip Nifty closed down 74 points or 0.86% at 8,529.45 points.
 
The 30-stock Sensex, which opened at 28,381.82 points, closed at 28,182.14 points, down 237.98 points or 0.84% from the previous day's close at 28,420.12 points.
 
Major results like Infosys, HDFC Bank, Sun Pharma and Hindustan Unilever released on Tuesday had the biggest impact on stock- or sector-specific indices.
 
Investors were also anxious about the ability of the government to pass key bills like Goods and Services Tax (GST) and land bill during the monsoon session.
 
Major Sensex gainers during Tuesday's trade were: Infosys, up 11.05% at Rs.1,112.65; Bharti Airtel, up 3.68% at Rs.445.25; Wipro, up 1.69% at Rs.577; Hero MotoCorp, up 1.10% at Rs.2,690; and Bajaj Auto, up 0.99% at Rs.2,544.60.
 
The major Sensex losers were: Sun Pharma, down 14.95% at Rs.805.30; Vedanta, down 4.74% at Rs.136.60, Lupin, down 4.68% at Rs.1,886.05, ONGC, down 3.56% at Rs.281.35; and Tata Steel, down 3.29% at Rs.274.65.
 
The top gainers and losers of major indices are given in the table below:
 
 
The S&P BSE healthcare index plunged by 1,061.48 points, bank index lost by 361.90 points, capital goods index receded by 224.85 points, oil and gas index was lower by 176.25 points and the FMCG index fell by 133.04 points.
 
Bucking the trend, however, were the information technology (IT) and technology, entertainment and media (TECK) sectors, which made healthy gains. The S&P BSE IT index rocketed up by 489.20 points and TECK index soared by 232.72 points.
 
Among the Asian markets, Japan's Nikkei was up by 0.93%, China's Shanghai Composite Index rose by 0.66%, and Hong Kong's Hang Seng gained by 0.52%.
 
The closing values of Asian indices were:
 
 
All the European indices were marginally in the red.
 

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Videocon d2h adds Star Movies Select HD and Fox Life HD in its bouquet
With the addition of two new channels, Videocon d2h now has a bouquet of 37 HD channels
 
NASDAQ listed Videocon d2h said it added two high-definition (HD) premium English channels, Star Movies Select HD and Fox Life HD, taking number of its HD bouquet to 37 channels.
 
"Videocon d2h's substantial offer of wide range of HD channels is a testimony to that endeavour. We remain committed to expanding Videocon d2h's channel offerings and content as a means to providing a superior viewing experience to our customers, augmented by innovative technology and the best customer service. It is a simple plan that we believe will result in a major upgrade for India's TV viewing public, “says Saurabh Dhoot, Executive Chairman of Videocon d2h. 
 
Videocon d2h will begin to offer the STAR MOVIES SELECT HD (Ch No. 258) which will premiere two new films not previously released in India each month, in addition to airing a new movie every day. Additionally, FOX LIFE HD (Ch No. 468) features a slate of scripted and non-scripted content that is inspired by real life as well as appealing and appropriate for the entire family, the company said in a release.
 
Anil Khera, CEO of Videocon d2h, said, "Videocon d2h has been extremely aggressive and innovative when it comes to technology upgrades, new content offerings and launching new services all in an effort to keep ahead of current industry trends. Fox Life HD with multiple audio feeds and Star Movies Select HD are two premium HD channels that bring even more quality content to our subscribers resulting in a superior viewing experience." 
 
Videocon d2h plans to continue to add more HD channels shortly, with the goal of carrying 50 HD channels for its subscribers to enjoy.
 

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COMMENTS

Nishesh Jambudi

1 year ago

It is good investment ? to buy stock in USA ?

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