- CNBC stock top Headlines M&M, Sesa Sterlite top gainers; Sensex, Nifty rangebound
- Too much optimism over Budget; correction soon: Dimensions
- SBI cuts retail term deposit rates by 25 bps
- China could spoil India's FII party; like banks: Udayan
- L&T eyes orders worth $18-20bn in army, navy each
- SAIL slips 2% as OFS kicks off, Macquarie remains bearish
- JSPL may raise $1 bn via bond issue
- Goldman retains 'buy' on SBI, bullish on bank's initiatives
CNBC LIVE Streaming: CNBC is an innovative product that puts the user in complete control. CNBC Tips recommendations has been an integral part of the Indian market economic story, spearheading and mirroring these enterprising times.
Friday, 5 December 2014
CNBC Stock Top Headlines On 5'Dec'2014
Thursday, 4 December 2014
CNBC Europe Shares Higher Today 4'dec 2014
CNBC MARKET NEWS :Shares of airline Ryanair rose 8 percent after it raised its profit guidance, while Tui Travel also climbed after it beat its annual profit forecasts. EasyJet shares traded 4 percent higher after November traffic figures, and all three firms benefited from some good news from the U.K. government on Wednesday, when it scrapped the tax paid on child air fares.
Meanwhile, a continued decline in inflation and business activity in the euro zone have spurred hopes that the ECB's governing council, led by President Mario Draghi, could announce more stimulus measures on Thursday.
Top gainers
ITC SSLT HINDUNILVR CIPLA
LUPI BPCL ICICIBANK ONGC.
Top Losers
BHARTIARTL ZEEL
HINDALCO
TATAPOWER
HCLTECH
BHEL.
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Wednesday, 3 December 2014
cnbc Indian Stock Market On 3'Dec-2014
Dec 03, 2014, 04.19 PM IST | Source: CNBC-TV18
Falling oil prices is good news for coal producers: Platts
Discussing the outlook for coal, Deepak Kannan, Managing Editor, Thermal
Coal at Platts, says demand has been quite muted and prices are down
significantly this year
1
Closing Bell
02:30 pm
Coal prices are down 50 percent in recent months coming in as a positive
for steel companies. Is there more down side in store for coal?
Discussing the outlook for coal, Deepak Kannan, Managing Editor, Thermal
Coal at Platts, says demand has been quite muted and prices are down
significantly this year.
“India has a coal issue, we have a lot of vessel congestion at some of
the ports in India and then there is shortage of railway rakes to
transport the coal from the ports to the power plants. There is growing
demand in India for coal but Coal India, which is the major supplier, is
still falling short of production target. So, what it means is India is
reliant on imported coal for the time being. However, there are a few
issues to be sorted out in terms of logistics,” he said. .
Below is the transcript of Deepak Kannan’s interview with Menaka Doshi
and Senthil Chengalvarayan on CNBC-TV18.
Menaka: We have seen a continuous decline in coal prices not just in the
past few months but over the past couple of years. What is the current
outlook on coal?
A: The demand has been quite muted. We should understand that India and
China are the major buyers along with South Korea, Taiwan and even
Japan. A lot of things are happening in China and India this year. China
is trying to restrict its imports and also trying to boost its domestic
production, it is trying to boost the price for its domestic coal and
that is having significant impact on the international coal prices at
the moment.
The prices are down significantly this year. India has a coal issue, we
have a lot of vessel congestion at some of the ports in India and then
there is shortage of railway rakes to transport the coal from the ports
to the power plants. There is growing demand in India for coal but Coal
India which is the major supplier is still falling short of production
target. So, what it means is India is reliant on imported coal for the
time being. However, there are a few issues to be sorted out in terms of
logistics.
Senthil: Will India keep a floor on coal prices then?
A: India has been price sensitive because electricity tariffs are not
linked to the coal prices yet. Whereas the China if there is demand they
can push up the price. So, this year what we are seeing is China is not
importing as much as it should have or it has historically. While India
is still buying but they are keeping the prices at a subdued level.
Although there is demand from India this is still having no major push
towards rising prices.
Menaka: Can you walk us through what the supply surplus is globally at
this point in time in terms of coal?
A: There is plenty of supply for instances talking about an unrelated
market South Korea utilities usually buy their coal through tender and
one of the utilities sought one million metric tonne of coal and they
got offered seven million metric tonne so you can see the amount of
supply that there is for each enquiry you will get around 10 offer. So,
everyone has coal to offer but there are not many buyers.
Menaka: Any numbers that you can put to the over supply globally?
A: For instance China usually buys around 300 million metric tonne of
coal each year and this year they have cut down by around Rs 25-30
percent so rest of the tonnages is still being offered in the market.
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READ MORE ON Coal, Deepak Kannan, Platts, India, China
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- CNBC Stock News Coal prices are down 50 percent in recent months coming in as a positive for steel companies.
- Is there more down side in store for coal? Discussing the outlook for coal, Deepak Kannan, Managing Editor, Thermal Coal at Platts, says demand has been quite muted and prices are down significantly this year.
- “India has a coal issue, we have a lot of vessel congestion at some of the ports in India and then there is shortage of railway rakes to transport the coal from the ports to the power plants. There is growing demand in India for coal but Coal India, which is the major supplier, is still falling short of production target.
Tuesday, 2 December 2014
CNBC Stock Share Value 2'Dec'14
The benchmark Nikkei 226 traded was up 0.1 percent on Tuesday, one day after the U.S. ratings agency cut Japan's credit rating by one notch to A1 from Aa3, citing increased uncertainty over whether Japan Prime Minister Shinzo Abe can achieve his deficit.
In comparison, Standard & Poor's has an AA- rating on Japan, equivalent to the Aa3 level that Moody's had before the downgrade. Fitch Ratings has Japan at A+, on par with Moody's new rating.
"Forget Moody's; continue to buy Japan," said Uwe Parpart, chief strategist and head of research at Reorient Research, dismissing the ratings agency's move.
Monday, 1 December 2014
Lessons In Marketing CNBC NEWS ON 1-dec-2014
- Live CNBC News It is time for investors to book profits as the market is showing signs of making a near term top, says Gautam Shah, Associate Director & Technical Analyst, JM Financial. In an interview to CNBC-TV18’s Latha Venkatesh and Sonia Shenoy, he sees 8430 as a key support level for the Nifty, breaking which the index could slip to 8200 and even 7900.
- Indian market news for CNBS It is time to
take serious profits; the next couple of months will be about
protecting returns,” says Shah, who expects the market to correct
over the next 4 to 8 weeks. Shah says F&O data shows there are
not much hedged positions in this settlement cycle, unlike in the
previous couple of settlements. This is a sign of bulls getting
confident, or even over confident, cautions Shah.
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