Currency Levels (28th January 2020)
  • posted by IMV |
  • 28/1/2020

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
  • posted by IMV |
  • 28/1/2020

MONEYCONTROL • HDFC: Q3 profit surged to Rs 8,372.5 cr versus Rs 2,113.8 cr, NII grew 9.8 percent to Rs 3,296.7 cr YoY. • InterGlobe: Q3 consolidated profit jumped to Rs 496 cr versus Rs 185 cr, revenue grew 25.5 percent to Rs 9,932 cr YoY. • Torrent Pharma: Q3 profit rose 2 percent to Rs 251 cr, revenue fell 4.1 percent to Rs 1,966 cr YoY. • United Spirits: Q3 profit jumped 15.2 percent to Rs 232 cr, revenue...

Updates on Bullion, Base Metals, and Energy Levels 27th Jan 2020
  • posted by IMV |
  • 27/1/2020

Gold traded higher on Monday as the equity market slipped amidst the virus outbreak in China could impact that nation’s economy which made investors invest in a safe haven called Gold. On the other hand, Crude oil traded lower due to the same outbreak of coronavirus in China as traders reassess whether the country will be able to generate the strong economic growth needed to rebalance the market in 2020.   No Major Economic Data...

MORNING NIFTY AND BANK NIFTY UPDATE ALONG WITH STOCKS LEVELS FOR THE DAY (28TH JAN 2020)
  • posted by IMV |
  • 27/1/2020

 Indian indices ended lower on the first trading day of the week led by the major declines in HDFC Bank Ltd, HDFC Ltd and Reliance Industries Ltd. The S&P BSE Sensex fell 1.1 percent to 41,155.12 and the NSE Nifty 50 fell 1.06 percent to 12,119. The broader markets represented by the NSE Nifty 500 Index fell 0.83 percent. The market breadth was tilted in favor of sellers. About 1,067 stocks declined and 729 shares advanced on National...

Today's Performance  (27th Jan 2020)
  • posted by IMV |
  • 27/1/2020

Negative news impacted on our performance Index Nifty --- Loss of 8000/-  (Risky traders) Regular Future BEL From 102.7---101.5 Loss of 7500/- Asian Paints From 1800---1798  Loss of 1200/- Glenmark --- Exit around cost Intraday Future Concor From 564---574 The gain more than 8000/-...

Currency weekly  Reoprt  (27th Jan - 31st Jan 2020)
  • posted by IMV |
  • 27/1/2020

   In the previous week, Rupee traded in a range with a negative bias as the global equity markets took a dip affected by risk development after China reported an increase in infections from the new Coronavirus. Later on Sunday, the negative sentiments took deeper development as 5 rockets hit near the US Embassy in Iraq Capital as the tensions between Iran and the US escalated. In the previous year, RBI decided to hold the accommodative...

TODAY’S TOP GAINER LEVEL UPDATE (27TH JAN 2020)
  • posted by IMV |
  • 27/1/2020

GLAXO Stock looks positive on the chart. Currently 2 % up from the previous closing. Catch it around 1665 if it sustain and close above 1665 for 3 consecutive days + weekly closing will see upside movement till 1750 +++ levels in the coming days. Support and stop loss below 1620 on a closing basis LALPATHLAB Currently, 3 % up from previous closing and stock looks bullish on the chart and makes a 52 week...

Agri-Commodity Update  (27th January 2020)
  • posted by IMV |
  • 27/1/2020

Fundamental Aspect: In the last two-three months, crude palm oil (CPO) prices have rallied much to the relief of producers, especially in Malaysia and Indonesia, two of the world’s largest producers. If anything, the market was caught unawares. It is in this background that one must see where palm oil prices would be headed in 2020. Without a doubt, production growth will slow in 2020 because of low prices during most of the year...

Currency Levels (27th January 2020)
  • posted by IMV |
  • 27/1/2020

Rupee opened on a weak note against the US Dollar in the early morning due to negative sentiments in the market 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 176.43 on Wednesday. The US 10- year bond is trading...

WEEKLY UPDATE ON AGRI COMMODITIES (27th Jan - 31st Jan 2020)
  • posted by IMV |
  • 27/1/2020

 SOYBEAN We have seen a steep fall in Soybean from higher levels as it took a heavy correction. Now that it has corrected till 50% of the previous rally, we can expect a bounce back from here onwards. Immediate support is 4080, break and close below it will see 3990---3850 levels in coming days. But it we will not be able to sustain below 4080, then we can expect an upside move till 4250---4340 levels. The...