• posted by IMV |
  • 05/10/2018

Fundamental Aspect Jeera future prices traded higher due to some short covering activity noticed in the market. However, the market has seen some fresh buying in far month contract. Seasonally, the exports of Jeera dip during the 4th quarter of the calendar year. According to Commerce ministry data, exports in July surged 70.3% on year to 13,039 tons while for Apr-Jul period, exports were high by 76% at 88,885 tons compared to...

  • posted by IMV |
  • 05/10/2018

Economic Times ● IL&FS appoints Vineet Nayyar as managing director ● Jaitley lowers petrol, diesel prices by Rs 2.5 per litre ● Sensex tanks 806 points, Nifty closes at 10599, OMC stocks crash ● Chanda Kochhar quits as CEO of ICICI Bank, Sandeep Bakhshi to take over ● Mukesh Ambani richest Indian for 11th consecutive year: Forbes Business Standatd ● BofAML sees more pain for Sensex...

  • posted by IMV |
  • 05/10/2018

The Indian rupee slipped against the US dollar due to firm global oil prices concerns over the current account deficit and capital outflows  The Indian rupee tumbled sharply lower against the US dollar, amid a surge in global crude prices. The government is mulling a special NRI deposit scheme to boost dollar inflows. A top government official stated earlier that if needed the government could raise funds through foreign...

  • posted by IMV |
  • 04/10/2018

Gold prices moved in a narrow range on Thursday after upbeat U.S. economic data and hawkish comments from Federal Reserve policymakers raised prospects of the central bank sticking to its tighter monetary policy, boosting the dollar. The Fed raised U.S. rates last week and said it planned four more increases by the end of 2019 and another in 2020, citing steady economic growth and a robust jobs market. The Italian government indicated it...

  • posted by IMV |
  • 04/10/2018

Copper gained supported by improved global trade sentiment due to the newly developed United States-Mexico-Canada Agreement in North America. China will cut import tariffs on textile products and metals, including steel products, to 8.4 percent from 11.5 percent, effective Nov. 1, the finance ministry said. Copper production in Democratic Republic of Congo, Africa’s top producer, is expected to rise 11.6 percent to 1.2 million tonnes by...

  • posted by IMV |
  • 04/10/2018

BTST/STBT... Gain of more than 20000/- ONGC   From 179---170 Gain of more than 24000/- Regular Future... Gain of more than 35000/- Canara Bank...  Sell  From 233---227 Gain of more than 12000/- Reliance sell  From 1150.50---1135.50 Gain of more than 15000/- DHFL... Sell  From 308---298 Gain of 15000/- Dr...

  • posted by IMV |
  • 04/10/2018

Fundamental Aspect: Chana future prices settled the session with strong note from last couple of days on expectation the government may extend import curbs on all varieties of peas by 3 months till the end of December to support prices. However, good supplies in the physical market kept prices in a thin range. Government is likely to increase export chana (Bengal gram / Chickpea) to 15% from 7%. In the month of March, the...