• posted by IMV |
  • 10/10/2018

Fundamental Aspect: Castor seed futures traded higher tracking demand from crushers at the spot market. Further, rise in demand for castor oil supported sharp gains. Overall arrivals decreased while prices traded mostly in positive note at spot markets. At Thara market, prices traded higher by Rs.45 to Rs.4562/quintal while at Mehsana market, prices gained by Rs.30 to Rs.4465/quintal. Sowing activities is almost complete and is...

  • posted by IMV |
  • 10/10/2018

The Indian rupee weakened against the dollar as the US currency gained in global markets amid consistent foreign fund outflows. The domestic currency dropped to a low of 74.59 on the previous session. In the spot currency market, the Indian unit was end at record low after the RBI unexpectedly kept the policy rate unchanged. The dollar strengthened after China's central bank eased its domestic policy to support the economy. China's...

  • posted by IMV |
  • 09/10/2018

Gold exchanged lower as the dollar solidified after China's national bank facilitated its residential strategy to help the economy in the midst of worries that a heightening exchange question with the United States could hurt development. The People's Bank of China (PBOC) reported a precarious cut in the level of money that banks must hold as stores, venturing up moves to bring down financing expenses and goad development. In spite of the...

  • posted by IMV |
  • 09/10/2018

Copper Support at 457 and resistance at 463 Break and sustain above 463 will take to 469--470 mark in days to come. Else can touch its support at 457 again. Fresh selling can be seen on close below 457 only. Trade with levels only. Nickel Support at 940 and resistance at 956 Break and sustain above 956 will take it to 975--980 mark in days to come. Else can touch its support at 915 again....

  • posted by IMV |
  • 09/10/2018

As expected... Minted money in range bound and choppy session too BTST... Gain of more than 7500/- Tatamotors  From 182-187 Gain of 7500/- Intraday Future... Gain of more than 15000/-  Just Dial  From 433---420 Gain of more than 16000/- Tata Motors From 184---186  Gain of 3000/- Tata Elxsi  From 961---965  Loss of...

  • posted by IMV |
  • 09/10/2018

Economic Times ● JLR to shut UK plant for 2 weeks as China sales slump ● Accenture new revenue catches up with top five Indian IT firms ● Net equity mutual fund inflows hit four-month high in September ● NHB hikes refinance limit to ease liquidity for housing finance firms ● Boeing selects India head to lead its F-15 programme Business Standatd ● India may continue oil imports from Iran...

  • posted by IMV |
  • 09/10/2018

Fundamental Aspect: Turmeric futures traded higher to register extended recovery from multi month low of Rs.6440/quintal hit in Sept. Short covering as well as some fresh buying activities in the current month contracts supported good gains in turmeric futures prices. For the week, turmeric futures prices are expected to trade higher. Good demand due to series of festivals as well as marriage season to support active buying....

  • posted by IMV |
  • 09/10/2018

The rupee continued to tumbling lower against the dollar, having crossed a lifetime low of 74.44 during the previous trade. The Indian rupee could slide to at least 76 against the dollar by March and Indian bond yields harden further, as robust growth propels US interest rates to their highest in seven years, and crude oil prices surge the most since 2014 ahead of next month’s Washington-enforced supply curbs on Iran. “With Iran sanctions...