Updates on Bullion, Base Metals, and Energy Levels 13th Jan 2020
  • posted by IMV |
  • 13/1/2020

     Gold traded lower on Monday ahead of the planned signing of an interim trade deal between Washington and Beijing, which has encouraged investors to return back to riskier assets. On the other hand, Crude oil traded sideways as fears of conflict between the United States and Iran eased, with investors shifting their focus to this week’s scheduled signing of an initial U.S.-China trade deal, which could boost economic growth and...

Currency weekly  Reoprt 13th Jan - 17th Jan 2020
  • posted by IMV |
  • 13/1/2020

 In the previous week, Rupee settled on an extremely positive note after Crude oil prices fell from the higher levels. The market sentiments have been weighed down by international factors for the past two weeks, The ongoing spat between the US and Iran and the escalating war-like situation between the two countries brought a lot of uncertainty to the market after the US killed Iran’s major commander Qassem Soleimani in the previous week. In...

TODAY’S TOP GAINER LEVEL UPDATE (13TH JAN 2020)
  • posted by IMV |
  • 13/1/2020

  ESSELPACK Stock looks bullish on the chart. Currently 3.5 % up from the previous closing. Catch it above 178 if it breaks and close above 178 for 3 consecutive days + weekly closing will see upside movement till 190---195 +++ levels in the coming days. Support and stop loss below 168 on a closing basis. BSE Currently 3 % up from previous closing and stock looks bullish on the chart from lower levels....

Currency Levels (13th January 2020)
  • posted by IMV |
  • 13/1/2020

  Rupee opened on a positive note against the US Dollar in the early morning as Crude prices fell from higher levels as positive sentiments flew in the market after US President Trump’s speech where he mentioned that US will not go on war. Market is likely to be highly volatile these days, market participants are trading cautiously. Foreign Institutional Investors allegedly sold stocks worth of Rs 682.23on Tuesday. The US 10- year bond is...

Agri-Commodity Update 13th January -2020
  • posted by IMV |
  • 13/1/2020

 Fundamental Aspect: The USDA says the U.S. 2019 average soybean yield ended at 47.4 bushels per acre vs. the trade’s expectations of 46.6 bushels per acre and December’s estimate of 46.9 bushels per acre.The 2019 U.S. soybean production totaled 3.558 billion bushels vs. the trade’s expectations of 3.51 billion bushels and the USDA’s December estimate of 3.55 billion. In 2018, the U.S. farmers grew a soybean crop totalling 4.428...

MORNING NEWS HEADLINES ( 13TH JAN 2020 )
  • posted by IMV |
  • 13/1/2020

  MONEYCONTROL • Avenue Supermarts Q3: Standalone net profit grew 53.3% at Rs 394.3 crore against Rs 257.1 crore YoY. Standalone revenue went up 23.9% at Rs 6,751.9 crore against Rs 5,450.9 crore YoY. • Tata Steel: Netherland arm announces successful refinancing of €1.75 billion of European debt. • HCC: Lenders initiate Rs 2,100 crore Debt/Asset carve-out. • Torrent Power: CRISIL upgrades long-term...

MORNING NIFTY AND BANK NIFTY UPDATE ALONG WITH STOCKS LEVELS FOR THE DAY (13TH JAN 2020)
  • posted by IMV |
  • 13/1/2020

 Indian Benchmark indices ended higher for the second consecutive day. The S&P BSE Sensex rose 0.35 percent this week to close at 41,599.72 and the NSE Nifty 50 rose 0.24 percent during the period to end at 12,256.50. On Friday, the Sensex index rose 0.36 percent and the Nifty rose 0.33 percent. The broader markets represented by the NSE Nifty 500 Index rose 0.34 percent. The market breadth was tilted in favour of buyers. About 983...

Today's Performance  (10th Jan 2020)
  • posted by IMV |
  • 10/1/2020

Not a good day Index Bank Nifty From 32300---32000 Loss of 6000/- Intraday Future Mothersumi  From 151.50---149.50 Loss of 10000/- Kotak Bank  From 1692---1680  Loss of 5000/- Regular Future Marico  From 235---239  Gain of 5200/- Reliance  From 1555---1553  Loss of...

Updates on Bullion, Base Metals, and Energy Levels 10th Jan 2020
  • posted by IMV |
  • 10/1/2020

 Gold traded lower on Friday as easing tensions in the Middle East prompted investors to move back to riskier bets. On the other hand, Crude oil traded lower too headed for its first weekly loss since November as the prospect of open war in the Persian Gulf receded, easing fears of a supply disruption in the Middle East. Today, traders should concentrate on the Average Hourly Earnings m/m along with Non-Farm Employment Change and...