• posted by IMV |
  • 15/11/2019

RALLIS Stock forms a bullish pattern and looks positive on the chart. Currently 3.5 % up from the previous closing. Catch it around 175, if it sustain and close above 173 for 3 consecutive days + weekly closing will see upside movement till 190 +++ levels in coming days. Support and stop-loss below 165 on a closing basis. CENTURYPLY Currently 1.3 % up from previous closing. Stock looks...

  • posted by IMV |
  • 15/11/2019

Rupee opened on a negative note against the US Dollar in the early morning Trade after newly emerged concerns over US-China Trade deal. India’s YoY Industrial Production for the month of September fell by 4.3% against expected -2.4% Last week, Moody’s decided to change India’s growth outlook from stable to negative. Rising prices of Crude is putting a pressure on the domestic currency while strength of the domestic equity market are...

  • posted by IMV |
  • 15/11/2019

Fundamental Aspect:  NCDEX Guarseed futures hit a fresh contract high yesterday as the sentiments remained well supported for the commodity. The supplies were thin over last few weeks, pushing up the commodity sharply after a heavy slide in September. The NCDEX Guarseed futures jumped from Rs 3840 per quintal in first week of October to Rs 4364 per quintal in early moves today. The traders are looking at steady supplies in...

  • posted by IMV |
  • 15/11/2019

MONEYCONTROL • Bharti Airtel: Q2 net loss at Rs 23,044.9 crore versus profit of Rs 118.8 crore, revenue rises 5% to Rs 21,131.3 crore versus Rs 20,147.8 crore YoY. • Union Bank of India: Q2 net loss of Rs 1,193.6 crore against a profit of Rs 139 crore, NII up 16.6% to Rs 2,905.9 crore versus Rs 2,493.1 crore YoY. • CESC: Company won't pursue a demerger of its generation undertaking into Haldia Energy. • Dish TV:...

  • posted by IMV |
  • 14/11/2019

Yesterday, the market closed positive on the weekly expiry. The S&P BSE Sensex rose 0.42 percent to 40,286.48 and the NSE Nifty 50 rose 0.27 percent to end at 11,872. After two economic data market rebounds from lower levels. Retail inflation spiked to a 16-month high of 4.62 percent in October on costlier food items. Meanwhile, the WPI inflation declines further to 0.16 percent in October at 3 years low. During today's trading...

  • posted by IMV |
  • 14/11/2019

Gold traded higher on Thursday as the Asian Equity market turned negative and also weak China’s Economic data created risk sentiment in the market which boosted the price of Gold. On the other hand, crude oil traded higher on Thursday after the US industry data reported an unexpected drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some...

  • posted by IMV |
  • 14/11/2019

LALPATHLAB   Stock looks bullish on the chart. Currently 2 % up from the previous closing. Catch it around 1525---1520, if it sustain and close above 1520 for 3 consecutive days + weekly closing will see upside movement till 1600 +++ levels in coming days. Support and stop loss below 1470 on a closing basis. MOTILALOFS Currently 3.5 % up from the previous closing. Grab it around 685....

  • posted by IMV |
  • 14/11/2019

Equity indices decline and close at one week low on Wednesday trading session. After the IIP data and GDP  news market is not able to sustain at upper levels. The S&P BSE Sensex fell 0.57 percent to end at 40,16.06 and the NSE Nifty 50 fell 0.61 percent to close at 11,840.45. WPI Inflation data has a key event for today’s trading session. The higher this number is the stronger the affect on consumer inflation. Nifty ...

  • posted by IMV |
  • 14/11/2019

Rupee opened on a negative note against the US Dollar in the early morning Trade on Wednesday after newly emerged concerns over US-China Trade deal. India’s YoY Industrial Production for the month of September fell by 4.3% against expected -2.4% Last week, Moody’s decided to change India’s growth outlook from stable to negative. Stable prices of Crude and strength of the domestic equity market are restricting a further fall in Domestic...

  • posted by IMV |
  • 14/11/2019

MONEYCONTROL • Adani Power Q2: Consolidated net profit at Rs 3.9 crore versus Rs 386.9 crore, revenue was down 16.7 percent at Rs 5,915.7 crore versus Rs 7,104.2 crore, YoY. • Hindalco Industries Q2: Consolidated net profit down 33 percent at Rs 974 crore versus Rs 1,448 crore, revenue down 8.8 percent at Rs 29,657 crores versus Rs 32,507 crore YoY. • Bata India Q2: Consolidated net profit up 30.1 percent at Rs 71.3...