Gold prices traded moderately lower in the domestic bourse due rising Indian rupee from its record level however, we haven’t seen much activity in the global market. Yesterday we have seen sharp rise in gold as white house released a letter by Trump to Kim, in which the U.S. president regarding the cancelled summit. Trump cited “tremendous anger and open hostility” in recent statements from Pyongyang and called the outcome a setback for both...
Once again a day with performanceBTST/STBT... Mixed day Ambuja Cement buy from 212—214. Gain of more than 4000/-Exide sell from 244—243.80. Exit at cost. Berger Paints buy from 294—290. Loss of 8800BTST CashMeghmani Organics Ltd buy from 97.50—99.50. Booked part profitFuture Intraday... Gain of more than 10000/-CESC buy form 1035—1045. Gain of more than 5500/-Adani Enterprise buy from 122—124.Bharat Forge net gain of more than...
Oil prices edged lower in morning in Asia as Russia hinted it may increase output. The Organization of the Petroleum Exporting Countries (OPEC) as well as a group of non-OPEC producers led by Russia started withholding output in 2017 to boost oil prices and clear a supply glut. The group had agreed to curb their output by about 1.8 million barrels per day (bpd). But Russia, in particular, has shown eagerness to end the production cuts, with...
The Indian rupee retreated from its 18-month low, on fresh selling of the US currency by exporters and banks. The minutes from the US Federal Reserve's meeting appeared to have reassured investors that the central bank will not be too aggressive with raising interest rates. Besides selling of the American currency by exporters and banks, slight weakness in the dollar against some other currencies overseas propped the rupee. Further, a higher...
Fundamental Aspect:Chana futures prices traded with lacklustre activity in past couple of days as Government is trying to support prices by removing export restrictions and procuring at MSP however, on the other hand anticipation of better monsoon amid higher production capped any sharp gain in prices. Government restricted import of yellow peas, a substitute added in the Chana flour till June end to support Chana prices in domestic market....
Economic Times● Govt push for merger of Vodafone-Idea: new entity can pay all dues● Donald Trump cancels 12 June summit with North Korea’s Kim Jong Un● ED files charges against Nirav Modi, to approach Interpol in PNB case● Andhra plans Rs51,000 crore capex in 1st phase of Amaravati project● India drags US to WTO over levy of additional duties on steel, aluminiumBusiness Standatd● Manipal-TPG extends validity of its revised offer for Fortis● Jet...
Nifty 10513/Sensex 34663/ Bank Nifty 2601634 Advances / 16 Declines/ 0 UnchangedSensex, Nifty advance in broad-based buyingKey benchmark indices posted strong gains on broad-based buying demand in index pivotals. The barometer index, the S&P BSE Sensex, rose 318.20 points or 0.93% to settle at 34,663.11. The Nifty 50 index rose 83.50 points or 0.8% to settle at 10,513.85. Gains were led by index heavyweights Infosys, TCS and HDFC Bank. Bank...
Still loosing money in the market?Look at our PerformanceFuture Intraday... Handsome gainHindpetro Sell from 284--274. Gain of more than 15000/-LIC Housing Finance sell from 473----469. Gain of more than 4000/-India Bull Housing Finance Sell from 1100--1085. Gain of 6000/-Cash intraday... UnbeatableMinda corp buy from 185 - 188. Booked profitGodrej industries sell from 538---529. Booked profitRamco systems sell from 406.5---405. Exited in...
Gold prices traded moderately higher on the back of rising uncertainty over the trade talks between the U.S. and China supported gold as a haven demand. Meanwhile, the dollar fell after the latest Federal Reserve meeting hinted at a dovish approach to rate hikes later this year. The Federal Reserve minutes indicated that, the central bank is happy to let inflation run above the 2% target for a “temporary period”, signalling no rush to...
Oil prices continued to fall morning in Asia, as markets took into account the possibility of higher output from the Organization of the Petroleum Exporting Countries (OPEC). In the face of worries over supply from both Venezuela and Iran, OPEC members could step up production as soon as June. Production in Venezuela plunged to 1.5 million barrels last month, its lowest level in decades due to its ongoing economic crisis. Venezuela’s crude output...
