• posted by IMV |
  • 16/5/2018

Nifty 10801/Sensex 35543/ Bank Nifty 2647423 Advances / 27 Declines/ 0 UnchangedMarket ends flat after volatile tradeKey indices ended almost flat, erasing strong intraday gains, after Bhartiya Janata Party's lead decreased from the halfway mark in the ongoing Karnataka Assembly election results. The barometer index, the S&P BSE Sensex, fell 12.77 points or 0.04% to settle at 35,543.94. The Nifty 50 index fell 4.75 points or 0.04% to settle...

  • posted by IMV |
  • 15/5/2018

High volatility we have seen because dramatic election resultsToday’s PerformanceFutures Intraday... At the end not only recovered but gained profit too PNB from sell 88—86. Gain of 8000/-M&M from 865---860. Loss of 5000/-Futures Regular... Same case with this segment tooReliance Capital sell from 384– 378. Gain of 4000/-Jindal Steel sell from 258 - 252. Gain of more than 13000/-India Cements from 138.50—136.00. Loss 9000/-DHFL from...

  • posted by IMV |
  • 15/5/2018

Gold prices recovered from its early ground as the dollar again retreated from its 2018 peak after subdued U.S. inflation data last week highlighted the prospect of fewer U.S. interest rate increases than previously expected this year. Further support could come from rising security risks in the Middle East after the United States said it would withdraw from the 2015 international nuclear deal with Iran and reimpose sanctions.Oil held gains near...

  • posted by IMV |
  • 15/5/2018

The dollar inched up against a basket of currencies from its lowest level in more than a week as hopes for an easing of global trade tensions pushed U.S. bond yields higher. The dollar, which hit a four-month index high of 93.416 last week, has lost steam after soft April U.S. consumer price data raised doubts as to whether the U.S. Federal Reserve would raise interest rates as many as four times in 2018. But some traders remain upbeat about its...

  • posted by IMV |
  • 15/5/2018

Oil held gains near $71 a barrel after escalating conflict in the Middle East raised geopolitical risks and as most OPEC members cut output more than required last month. Futures in New York were little changed after rising 0.4 percent on Monday. Dozens of Palestinians were killed in clashes with Israeli troops in Gaza after the U.S. opened an embassy in Jerusalem. Meanwhile, Saudi Arabia pumped the least crude since output cuts began in early...

  • posted by IMV |
  • 15/5/2018

Fundamental Aspect:Eyes on IMD’s monsoon projection due today….Mentha oil futures declined as speculators trimmed their positions, driven by subdued demand from consuming industries at the spot market. Besides, ample stocks position on higher supplies from major producing belt of Chandausi in Uttar Pradesh too fuelled the downtrend.Guar complex are likely to trade in a limited range today due to sluggish demand noticed in the physical market....

  • posted by IMV |
  • 15/5/2018

The Indian rupee weekend sharply higher on the back of fresh buying US currency by importers and banks amid expectation of lower opening in the domestic equity market. Currency traders stayed on the side-lines ahead of the critical inflation reading and the Karnataka election verdict. Widening nation's current-account and fiscal deficits against the grim backdrop of surging global crude prices have mainly hit the rupee, which has turned out to be...

  • posted by IMV |
  • 15/5/2018

Economic Times● Cabinet reshuffle: Piyush Goyal gets finance, Smriti Irani loses I&B ministry● Allahabad Bank CEO to be axed for involvement in PNB fraud case● Manipal further sweetens offer to acquire Fortis hospitals● RBI bars Allahabad Bank from taking deposits, giving loans● India’s ‘ugly’ inflation to pile more misery on bond investorsBusiness Standatd● New direct tax code to benefit corporates, income tax payers● Ascendas to buy two...

  • posted by IMV |
  • 15/5/2018

Nifty 10806/Sensex 35556/ Bank Nifty 2647522 Advances / 28 Declines/ 0 UnchangedIndices end flat ahead of Karnataka election results  Key benchmark indices settled almost flat as investors were cautious ahead of Karnataka Assembly poll results tomorrow, 15 May 2018. The barometer index, the S&P BSE Sensex, rose 20.92 points or 0.06% at 35,556.71. The Nifty 50 index rose 0.10 points at 10,806.60. The Sensex rose 20.92 points or 0.06%...

  • posted by IMV |
  • 14/5/2018

Gold future prices recovered its early losses as continued slid US Dollar from its yearly tops, which was seen eventually underpinning demand for dollar-denominated commodities like gold. Investors also considered the prospects of slower Fed rate hike moves and a follow-through weakness in the US Treasury bond yields provided an additional boost to the non-yielding yellow metal. However, Cleveland Fed President Loretta Mester's hawkish comments...