Rupee opened on a flat note against the US Dollar in the early morning due to mixed sentiments on concerns regarding the US-China Trade deal. Increasing foreign fund outflows and stronger Dollar is weighing down on the Domestic unit and restricting its gains. The 10-year Indian government bond yield was at 6.50 percent Technical outlook: (November 2019) USDINR Support is 71.70 Resistance is 72.10....
MONEYCONTROL • Zee Entertainment Enterprises: Essel Group is to sell a 16.5 percent stake in Zee to financial investors, reported CNBC-TV18. • Tata Motors: Moody's has assigned a B1 rating to JLR's 500 million euro proposed notes. • Coffee Day: Lenders invoked a 4.20 percent pledged stake of the company on November 19. • Reliance Capital: Delhi High Court has restricted the company from selling its balance...
Fundamental Aspect: Bearish sentiment prevailed in chana and dollor chana on weak physical and export demand with chana (kanta)being quoted at ₹4,350-75 a quintal and chana (desi) at ₹4,275, while chana (vishal) ruled at ₹4,300 . Chana dal (average) was quoted at ₹5,300-5,400, chana dal (medium) at ₹5,500-5,600, while chana dal (bold) ruled at ₹5,700-5,800. Source: Hindu Business Line Technical Aspect...
Indian equity benchmarks close in green and BSE Sensex hit a fresh all-time high on Wednesday trading session. Sensex rose 0.45 percent higher to end at an all-time high at 40,651.64. It had risen as much as 0.86 percent to hit 40,816.38 intraday. The NSE Nifty rose 0.49 percent to close near 12,000. The broader markets represented by the NSE Nifty 500 Index rose 0.44 percent. Reliance Industries, which is now inching towards a market...
Gold traded higher on Wednesday after giving sharp rally in the previous day session amidst uncertainties regarding the US and China trade war as the US President Donald Trump commented yesterday that no tariff rollback will be done due to impeachment, US election and also tweets are coming on regular basis which also resulted in negative for Crude oil price. Today, traders should concentrate on the Crude Oil Inventories data which...
OBEROIRLTY Currently 3 % up from the previous closing and looks extremely positive on the chart. Garb it around 520, if it sustains and closes above 520 for 3 consecutive days + weekly closing will see upside rally till 550 +++ levels in days to come. Support and stop loss below 500 on a closing basis. ADANIGREEN Stock looks bullish on the chart. Currently 3.2 % up from the previous closing. Catch it...
Rupee opened on a positve note against the US Dollar in the early morning Trade supported by falling prices of Crude and positivity in Indian equity market. Increasing foreign fund outflows and stronger Dollar is weighing down on the Domestic unit and restricting its gains. The 10-year Indian government bond yield was at 6.50 per cent Technical outlook: (November 2019) EURINR Support 79.40 Resistance is 79.80....
MONEYCONTROL • Granules India: Company's officials will be meeting Farley Capital New York and Seven Canyon Advisors on November 20. • Havells India: Management of the company will be participating in the Investor Conference organised by IIFL Securities on November 21, 22. • Shree Cement: Company approved floor price for QIP at Rs 19,806.5 per share. • Siemens: July-September quarter profit rises 18.3% to Rs 333.9...
Fundamental Aspect: Heavy rains in October and November have brought more misery to India's farmers, after summer-sown crops such as soybean, cotton, rice and vegetables suffered rain and flood damage during the wettest June-September monsoon season in 25 years. The recent wet spell is also forcing farmers to delay sowing winter crops, placing a further drag on the rural economy at a time when India's economic growth has...
Indian equity benchmarks extended gains and close green on Tuesday trading session. The S&P BSE Sensex rose 0.46 percent to end at 40,469.70 and Nifty rose 0.47 percent to end at 11,940.10. The broader markets represented by the NSE Nifty 500 Index rose 0.35 percent. In yesterday's trading session public sector banking stock is in focus and outperform in the market. The gains in the benchmark indices were led by Reliance...
