• posted by IMV |
  • 11/5/2018

Gold prices remained close to session highs supported by falling U.S. bond yields and a weaker greenback as inflation data undershot economists’ estimates. The 10-yield treasury fell below 3%, pressuring the dollar, lifting gold prices higher as unexpected weakness in consumer inflation, prompted traders to scale back their expectations for a faster pace of inflation. The Labour Department said on Thursday its Consumer Price index rose 0.2% in...

  • posted by IMV |
  • 11/5/2018

Oil prices dipped away from multi-year highs reached the previous session on hopes that alternative supplies could replace a looming drop in Iranian exports when U.S. sanctions against Tehran are re-imposed. The United States plans to re-introduce sanctions against Iran, which produces around 4 percent of global oil supplies, after abandoning an agreement reached in late 2015 that limited Tehran's nuclear ambitions in exchange for removing...

  • posted by IMV |
  • 11/5/2018

The Indian rupee erased most of the its early losses and was trading a bit higher against the US dollar in mid-day trading sessions. However, growing concerns over capital outflows as well as trade deficit worries due to rising crude prices kept rupee sentiment highly volatile throughout the day. Currency traders and speculators also taking cautionary approach due to rise of Middle-East tensions after the decision of US President Donald Trump to...

  • posted by IMV |
  • 11/5/2018

Economic Times● Acquisitions will drive Flipkart growth: Binny Bansal● Fortis board approves binding offer from Hero-Burman family offices● Walmart to comply with tax rule on India Flipkart deal, CEO Doug McMillon says● India rejects US charge on price support steps breaching WTO rules● SIRCA Paints IPO to open on 16 MayBusiness Standatd● Supreme Court rejects Dalmia’s plea, refuses to intervene in sale of Binani Cement● ABB India’s profit...

  • posted by IMV |
  • 11/5/2018

Nifty 10716/Sensex 35246/ Bank Nifty 2613115 Advances / 35 Declines/ 0 UnchangedMarket ends with modest lossesKey benchmark indices ended with modest losses in a volatile session of trade as investors turned cautious ahead of the Karnataka assembly elections on 12 May 2018. Higher crude oil prices also weighed on sentiment. The barometer index, the S&P BSE Sensex, fell 73.08 points or 0.21% to settle at 35,246.27. The Nifty 50 index fell...

  • posted by IMV |
  • 10/5/2018

Nifty future... Not able to breach 10800 and slipped againToday’s PerformanceFuture Intraday... Mind blowing day for us 😎😎BEL sell from 132 – 130.50. Gain of more than 10000/-IGL sell from 267– 264 Gain of more than 8000/-Muthoot Finance sell from 435 – 427.50. Gain of 9000/-UBL sell form 1118 from 1116. Exit as time not remainingFuture Regular... Not a good day 😔😔Amaraja Battery buy from 896--880. Loss of 11000/-Chola Finance sell from...

  • posted by IMV |
  • 10/5/2018

Gold prices traded slightly higher as an uptick in U.S. bond yields kept a lid on demand for the precious metal but losses were limited by weakness in the dollar. A mixed geopolitical tension boosts a little demand for safe-haven gold as the prospect of U.S.-North Korea summit inched closer seemingly offsetting the fallout from the United States’ decision to leave the Iran nuclear deal.Crude prices continued with its higher tone, notching another...

  • posted by IMV |
  • 10/5/2018

The dollar remained steady against other major currencies in Asia as U.S. United States 10-Yearclimbed above 3%. The U.S. dollar index that tracks the greenback against a basket of six major currencies last stood at 92.95, up 0.01%. The greenback reached this year’s new high on Wednesday at 93.22, then slipped back below the 93 level. On Tuesday, U.S President Donald Trump said the U.S. will back out from the Iran nuclear deal, putting oil...

  • posted by IMV |
  • 10/5/2018

Oil prices clocked up more multi-year highs as traders adjusted to the prospects of renewed U.S. sanctions against major crude exporter Iran amid an already tightening market. The United States plans to impose new sanctions against Iran, which produces around 4 percent of global oil supplies, after abandoning an agreement reached in late 2015 which limited Tehran's nuclear ambitions in exchange for removing U.S.-Europe sanctions. Oil prices rose...

  • posted by IMV |
  • 10/5/2018

Fundamental Aspect:Guar complex futures are expected to trade sideways during the session. Spot markets witnessed an improvement in the demand amid low supplies. Crude oil prices reached the highest level in last three years. Market participants are taking cautious approach after release of normal monsoon report that may boost the overall production for coming season. Guar seed production for year 2017-18 may fall more than 30% y/y and is likely...