Morning Meeting International School of Business & Media Financial Markets & Services Meeting prepared and presented

by: Date: Financial Reports: India: USA: SENSEX :19923.78,-102.83(-0.51%) NIFTY :6019.35,-34.95,(-0.58%)

Dow Jones:13833.48,+54.15 (+0.39%) NASDAQ :3144.64 ,-9.00, (-0.27%)

Market Summary: Tata Motors shares slump on JLR margin concerns. Housing Development & Infrastructure Ltd tumbled on speculation the property developer was facing financial trouble, despite a denial from a senior executive. Investors are gearing up for more results from blue chips such as Maruti Suzuki India Ltd and a critical Reserve Bank of India decision on interest rates on Tuesday while expectations from the federal budget remain high

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Gainers/Risers 1 HUL 468.80 (+1.9) 2 ITC 297.45 (+ 1.61%) 3 L&T 1585.00 (+1.53%) 4 TCS 1328.55 (+1.27%) Currencies & Commodities INR USD 53.67 (-0 %) INR GBP 84.69 (-0.32 %) INR EUR 71.67 +0.34%) Gold Spot :- 30474 (-0.71%) Silver Spot : 59002 (-1.44%) OIL Nymex $ 112.61 (-0.17 %) SLR :- 23% CRR:- 4.25% Inflation :- 7.12 % Note:- From 1969 until 2010, the average inflation rate in India was 7.99 percent Looser/ Fallers 1 TATA MOTORS 293.45 (-6.26%) 2 JP ASSOCIATES 82.80 (-5.59%) 3 GAIL 349.5 (-4.5%) 4 CIPLA 391.05 (-3.71%)

reaching an historical high of 34.68 percent in September of 1974 and a record low of -11.31 percent in May of 1976
10 Years G-SEC :- 8.25%

Repo Rate:- 8.00% Reverse Repo Rate :- 7.00%

Daily Major Headlines 1-Maruti Suzuki Q3 PAT zooms to Rs 501 crores. 2-Indian Rating maintains a negative outlook for the Indian edible oil and cotton sector. 3-Wall Street opens lower after Apple results.

Financial Term of the day

What Does Gearing Mean?

The most common use of the term 'gearing' is to describe the level of a company's net debt (net of cash or cash equivalents) compared with its equity capital, and usually it is expressed as a percentage. So a company with gearing of 60 per cent has levels of debt that are 60 per cent of its equity capital. The gearing ratio shows how encumbered a company is with debt. Depending on the industry, a gearing ratio of 15% would be considered prudent while anything over 100% would be considered risky or 'highly geared'. 'Gearing' is also used in a related sense to refer to borrowings by an investment trust that boosts the return on capital and income via additional investment. When the trust is performing well shareholders enjoy an enhanced or 'geared profit'. However if the trust performs poorly then the loss is similarly exaggerated. Gearing can also refer to the ratio between a company's share price and its warrant price.