MORNING NIFTY AND BANK NIFTY UPDATE ALONG WITH STOCKS LEVELS FOR THE DAY (30TH JAN 2020)
  • posted by IMV |
  • 29/1/2020

 Benchmark indices broke the two-day losing streak and ended higher. The S&P BSE Sensex up by 0.57 percent to end at 41198.66 and the NSE Nifty 50 up by 0.61 percent to close at 12129.50. The broader markets represented by the NSE Nifty 500 Index up by 0.50 percent. The market breadth was tilted in favor of buyers. About 1268 stocks advanced, 1201 share decline and 164 shares remain unchanged. All sectors compiled by NSE...

Updates on Bullion, Base Metals, and Energy Levels 29th Jan 2020
  • posted by IMV |
  • 29/1/2020

Gold traded higher on Wednesday ahead of US Fed’s Monetary Policy Statement later today. Concerns over new coronavirus spread is on a rise as the number of deaths increased to 132, which is weighing down on the prices of Base metals while supporting the prices of Gold. On the other hand, Crude oil also traded higher in the first half of the trading session as API in its weekly report posted a drop of 4.3 million in Oil inventories against...

TODAY’S TOP GAINER LEVEL UPDATE (29TH JAN 2020)
  • posted by IMV |
  • 29/1/2020

IRCON The stock looks positive on the chart. Currently 2.5% up from the previous closing. Catch it around 463---460, if it sustains and closes above 460 for 3 consecutive days + weekly closing, will see upside movement till 500 +++ levels in the coming days. Support and stop loss below 430 on a closing basis. HERITGFOOD Stock looks positive on the chart. Currently 2.5% up from the previous closing....

Agri-Commodity Update  (29th January 2020 )
  • posted by IMV |
  • 29/1/2020

 Fundamental Aspect: NCDEX Chana saw a volatile trend after recent declines. Demand is slowing picking up as the arrivals in Northern mandies have not yet started. The benchmark NCDEX Chana futures are currently trading at Rs 4110 per quintal, almost unchanged on the day after edging up near Rs 4140 per quintal at the start of the trade. The supplies in select mandies in South India have started and buying interest has been...

Currency Levels (29th January 2020)
  • posted by IMV |
  • 29/1/2020

Rupee opened on a flat note against the US Dollar in the early morning as the market sentiments recovered after five rockets hit US Airbase in Iraq Capital later on Sunday. The market will be trading cautiously ahead of the Budget session this Saturday. A weakness in the domestic equity market is also weighing down on Rupee. Foreign Institutional Investors allegedly sold stocks worth Rs 438.85 on Monday. The US 10- year bond is trading at 6.58...

Morning News Headlines (29th Jan 2020)
  • posted by IMV |
  • 29/1/2020

MONEYCONTROL • M&M Financial Services: Q3 profit rose 14.6 percent to Rs 365.3 cr, revenue jumped 15.7 percent to Rs 2,580.6 cr YoY. • JK Lakshmi Cement: Q3 standalone profit jumped 233 percent to Rs 49.2 cr, revenue rose 7.5 percent to Rs 1,004.9 cr YoY. • IFB Industries: Q3 profit dipped 18.2 percent to Rs 14.8 cr, revenue rose 2.7 percent to Rs 39.7 cr YoY. • HFCL: Company will buy a 47.9 percent stake...

MORNING NIFTY AND BANK NIFTY UPDATE ALONG WITH STOCKS LEVELS FOR THE DAY (29TH JAN 2020)
  • posted by IMV |
  • 28/1/2020

Benchmark indices ended lower for the second consecutive day, led by the declines in Reliance Industries Ltd and ICICI Bank Ltd. The S&P BSE Sensex fell 0.46 percent to end at 40,966.86 and the NSE Nifty 50 fell 0.52 percent to close at 12,055.80. The broader markets represented by the NSE Nifty 500 Index fell 0.43 percent. The market breadth was tilted in favor of sellers. About 1,165 stocks declined and 618 shares advanced on National...

Updates on Bullion, Base Metals, and Energy Levels 28th Jan 2020
  • posted by IMV |
  • 28/1/2020

Gold traded lower on Tuesday due to profit booking from the recent rally and the dollar index firmed, although concerns over new coronavirus spread, providing support to precious metals. On the other hand, Crude oil traded lower extending losses into a sixth session as the spread of a new virus in China and other countries raised concerns about a hit to economic growth and slower oil demand. Today, traders should concentrate on the Core...

TODAY’S TOP GAINER LEVEL UPDATE (28TH JAN 2020)
  • posted by IMV |
  • 28/1/2020

NAUKRI Stock looks positive on the chart. Currently 1.5% up from the previous closing. Catch it above 2758 if it breaks and close above 2758 for 3 consecutive days + weekly closing will see upside movement till   2850 +++ levels in the coming days. Support and stop-loss below 2670 on a closing basis. ASTRAL Currently, 2.5 % up from previous closing and stock looks bullish on the...

Agri-Commodity Update  (28th January 2020)
  • posted by IMV |
  • 28/1/2020

 Fundamental Aspect: NCDEX Chana saw a volatile trend after recent declines. Demand is slowing picking up as the arrivals in Northern man dies have not yet started. The benchmark NCDEX Chana futures are currently trading at Rs 4110 per quintal, almost unchanged on the day after edging up near Rs 4140 per quintal at the start of the trade. The supplies in selectman dies in South India have started and buying interest has been...