Rupee opened on a flat note against the US Dollar in the early morning after RBI kept its interest rates unchanged in its Bi-monthly policy meet. Foreign Institutional Investors allegedly sold stocks worth of Rs 366.1 crore on Tuesday. The US 10- year bond is trading at 6.51 percent. Technical outlook: (February 2020) EURUSD It has major support at 1.0940 and resistance is 1.0980. Break and sustain above...
MONEYCONTROL • Cipla expands women's health portfolio through the acquisition of 4 key brands from Wanbury. • J&K Bank board approves raising up to Rs 500 crore via a share issue to the government. • Yes Bank: Lender gets shareholders' nod to raise up to Rs 10,000 cr via equity share issuance/convertible securities. • Tata Steel: Q3 consolidated loss at Rs 1,228 cr vs profit of Rs 1,753.1 cr, revenue...
Gold traded in a range amid mixed sentiments in the market. Concerns over coronavirus spread is weighing down on the prices of Base metals while supporting the prices of Gold, while China is working on controlling the spread of Virus which is supporting optimism among market participants. On the other hand, Crude oil also traded lower due to growth concerns and now impacted by the spread of Coronavirus which giving fuel to the slowdown....
Benchmark indices halted a four-day gaining streak and ended in red on the last trading day of the week. The S&P BSE Sensex fell 0.4 percent to close at 41,141.85 and the NSE Nifty 50 fell 0.33 percent to end at 12,098.35. The broader markets represented by the NSE Nifty 500 Index fell 0.03 percent. The market breadth was tilted in favor of buyers. About 905 stocks advanced and 867 shares declined on National Stock Exchange....
Regular Future... Loss of 8000/- L&TFH From 130---132 Gain of 11000/- Hinduilvr From 2150---2160 Loss of 3000/- Manappuram ... Exit with a tiny loss UPL ... Loss of 14000/- Intraday Future Hindalco From 197.50---197 Loss of 2000/- Cash Regular... Gain of more than 6% VBL From 815---835...
Fundamental Aspect: U.S. export sales of soybeans to China fell to their lowest in nearly five months amid concerns about the spread of the deadly coronavirus denting demand from the world's top buyer of the oilseed. The export sales to China totaled just 31,523 tonnes in the week ended Jan. 30, according to a weekly U.S. Agriculture Department report released on Thursday morning. That was the lowest since the week ended Sept. 5 when...
PIIND Stock looks positive on the chart. Currently 3% up from the previous closing. Catch it around 1595 if it breaks and close above 1595 for 3 consecutive days + weekly closing will see upside movement till 1670 +++ levels in the coming days. Support and stop-loss below 1525 on a closing basis. VBL Stock takes a sharp reversal and looks positive on the chart. Currently 4% up from the previous...
Rupee opened on a flat note against the US Dollar in the early morning after RBI kept its interest rates unchanged in its Bi-monthly policy meet. A positive move in the domestic equity market is supporting the Rupee. Foreign Institutional Investors allegedly sold stocks worth of Rs 366.1 crore on Tuesday. The US 10- year bond is trading at 6.51 percent. Technical outlook: (February 2020) EURUSD It has major...
MONEYCONTROL • Wipro: Company bagged multi-year strategic IT deal from Marelli. • Hero MotoCorp: Q3 profit rises 14.5 percent to Rs 880.4 cr, revenue drops 11 percent to Rs 6,996.7 cr YoY. • Aurobindo Pharma: Q3 profit dips 1 percent to Rs 705.3 cr, revenue rises 11.9 percent to Rs 5,895 cr YoY. • Bata: Q3 profit rises 13.6 percent to Rs 117.2 cr, revenue increases 6.5 percent to Rs 829.6 cr YoY. •...
Index Nifty From 12150---12135 Loss of 1500/- Regular Future Gain of 24000/- Srtrans Fin From 1160---1205 Gain of 15000/- VEDL From 143---146 Gain of 10500/- Reliance From 1446.50---1444 Loss of 1500/- Indusind Bank From 1320---1335 Gain of 6000/- Intraday...
