• posted by IMV |
  • 16/10/2018

The Indian rupee traded higher against the US dollar on the previous session, tracking gains in Asian currencies markets and global crude oil prices. Crude came under pressure after OPEC cut its forecast of global demand growth for oil next year for a third straight month, citing headwinds facing the broader economy from trade disputes and volatile emerging markets. On the domestic front, data released by CSO showed India’s inflation in...

  • posted by IMV |
  • 15/10/2018

Gold traded higher amid a slide in European equities compounded impacted on global stock markets. Global stocks were under pressure, with European shares falling to a 22-month low, brought down by factors including the U.S.-China trade dispute, higher U.S. interest rates, steady Brexit negotiations and concern about economic slowdown in China. The International Monetary Fund last week said that risks to the global financial system, which...

  • posted by IMV |
  • 15/10/2018

Regular Future... Gain of more than 15000/-  D ivis Labs from 1298---1311 Gain of 10000/- HDFC bank from 1986--1995 Gain of 4500/- Bank Nifty from 25250---25340 Gain of 3500/-  Intraday Future... Loss of 4000/- Star from 435.50----439 Gain of 2500/- Ajanta Pharma from...

  • posted by IMV |
  • 15/10/2018

Fundamental Aspect: MCX Cotton futures traded higher on the previous session ahead of the release of the USDA monthly supply and demand estimated report which released on Thursday . Moreover, prices were supported by fear of crop damage in Andhra Pradesh which is under threat of Cyclone “Titli’. Similarly, ICE cotton futures gained further in anticipation of crop damage in Florida and Georgia region of US where Hurricane Michael...

  • posted by IMV |
  • 15/10/2018

Economic Times ● The land challenge underlying India’s farm crisis ● Three of top 10 Indian firms lose ₹1 trillion in m-cap, TCS worst hit ● Global finance chiefs urge trade war solution as Bali talks wrap ● FPIs remain in sell-off mode, pull out ₹26,600 crore in 2 weeks ● Cement prices may increase by up to 10% in next 6 months: CMA Business Standatd ● DoT limits subscriber enrolment during...

  • posted by IMV |
  • 15/10/2018

The Indian rupee traded higher against the US dollar last week, tracking gains in local equity and Asian currencies markets. the rupee has declined 13.8%, while foreign investors have sold $3.84 billion and $7.92 billion in the equity and debt markets, respectively. Asian currencies were traded higher after U.S. inflation moderated and President Trump was said to be planning a meeting with Chinese President Xi to defuse trade tension....

  • posted by IMV |
  • 14/10/2018

Weekly update Dollar Index Support at 94.90 and resistance at 95.50 Break and close above 95.50 will take to 96.20---96.50. More and more upside rally will see on close above 96.50 mark else it could test it's support level of 94.90 again.  Further sell off will see on close below 94.90 for the downside target of 94.20---93.85 mark Trade with levels only.  Nifty future...