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Showing posts from May, 2016

JEERA MARKET UPDATE

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Jeera prices closed higher by 1.05 % on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At the NCDEX, jeera futures for June 2016 contract closed at Rs. 16,380 per quintal, up by 1.05 %, after opening at Rs. 16,200 against the previous closing price of Rs. 16,210.   It touched the intra-day high of Rs. 16,530. Sentiment improved further as a result of reduced domestic supplies in the physical markets and some export enquiries. Global output of Jeera is around 2.2 lakh MT per year, of which India produces about 1.5 lakh MT per year. India exports Jeera mainly to the US, UK, UAE, Japan, Brazil, Bangladesh, Singapore and many other countries. Other Major exporters are Syria and Turkey. We are provide COMMODITY Market Tips and two day free trail to content this no 9827808090 .

MORNING TREND BY RIPPLES ADVISORY

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GOLD (AUG) SUPPORT: 28590/28690 RESISTANCE: 29000/29100 TREND: SIDEWAYS SILVER SUPPORT: 37890/38200 RESISTANCE: 38900/39350 TREND: SIDEWAYS  CRUDE OIL SUPPORT: 3270/3320 RESISTANCE: 3440/3480 TREND: UP COPPER SUPPORT: 307/311 RESISTANCE: 318/322 TREND: SIDEWAYS We are provide COMMODITY Market Tips   and two day free trail to content this no 9827808090 .

Tata Motors up 10%; Analysts bet on JLR Vol

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Tata Motors shares extended rally on Tuesday after solid performance in Q4 by Jaguar Land Rover & its China JV and revival of India business.  Brokerages revised EPS growth forecast, citing strong outlook over JLR and likely further recovery in domestic business. The stock surged 10 percent intraday today, in addition to 4 percent rally in previous session.  With maintaining buy rating and target price of Rs 545 (implying 30 percent potential upside), CLSA says the stage is now set for a strong FY17 in both JLR/India and it believes more positive surprises on volumes and margins are possible.  The brokerage expects Tata Motors to deliver a strong 21 percent EPS CAGR over FY16-18 driven by strong JLR volume growth, improving JLR margins and a recovering India business. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Indian ADRs: ICICI Bank, Infosys, Dr Reddy's Lab Gain

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Indian ADRs ended higher on Friday. In the IT space, Infosys gained 1.62 at USD 19.49 and Wipro added 0.33 percent at USD 12.17.  In the banking space, ICICI Bank was up 1.13 percent at USD 7.18 and HDFC Bank rose 0.56 percent at USD 64.84. In the other sectors, Tata Motors was up 0.24 percent at USD 29.80 and Dr Reddy's Laboratories advanced 1.38 percent at USD 7.18. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Rupee Opens Flat at 67.15 per Dollar

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Indian rupee opened flat at 67.15 per dollar on Tuesday against previous close of 67.16.  "The continued hawkish Fed speak seems to be preparing the markets for a possible Fed hike soon.  The USD-INR pair has been trading in the 67-67.50/dollar range with prospects of a good monsoon and possibility of GST bill getting passed in Monsoon session of Parliament helping the pair."  "We expect the pair to continue trading in this range in the near term," he added. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Asian stocks Mostly higher; Nikkei up 0.5%

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Asian markets were mostly higher on Tuesday as traders digested better-than-expected industrial output data from Japan and worse-than-expected data from South Korea.  The Nikkei 225 was up 0.49 percent after trading flat earlier in the session, while in South Korea, the Kospi climbed 0.39 percent.  Australia's ASX 200 was 0.42 percent lower, weighed by its energy subindex, which shed 1.35 percent, but that follows a 5.6 percent gain over the past four sessions.  Chinese mainland markets were performing better, with the Shanghai Composite up 2.12 percent and the Shenzhen composite up 2.418 percent. In Hong Kong, the Hang Seng index was 0.94 percent higher. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Dollar, Bond Yields Extend Gains after Yellen Remarks

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The US dollar added to gains while US Treasury yields hit session highs on Friday after Federal Reserve Chair Janet Yellen said a US interest rate hike will likely be appropriate in the coming months. US stocks pared their advance. "It's appropriate ... for the Fed to gradually and cautiously increase our overnight interest rate over time, and probably in the coming months such a move would be appropriate," Yellen told an audience of Harvard University professors and alumni. Numerous Fed officials in recent weeks have talked up expectations that an increase in borrowing costs may be near. After Yellen's speech, traders raised their expectations of a June rate hike to 34 percent from 30 percent, according to CME Group. “People think June or July are very much alive now,” said Stephen Massocca, chief investment officer at Wedbush Equity Management LLC in San Francisco. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

CHANA COMMODITY MARKET NEWS

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Chana prices fell by 0.75 % on Monday morning at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states coupled with fall in demand.    At the NCDEX, chana futures for June 2016 contract trading at Rs. 6,049 per quintal, down by 0.75 %, after opening at Rs. 6,090 against the previous closing price of Rs. 6,095. It touched the intra-day low of Rs. 6,041. (At 10:46 PM IST today). India is the largest producer of chickpea followed by Pakistan, Turkey and Iran. India produces around 6 to 8 million tonnes and contributes around 70 % of the total world production.  content this no 9827808090 .

Latest Crude Oil Market UpDate

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Crude oil futures advanced during morning trade in the domestic market on Monday as investors and speculators booked fresh positions in the energy commodity after a drop in US rig count last week signaled lower production ahead, easing worries over a global supply glut.        Industry research firm Baker Hughes said that the number of rigs drilling for oil in the US declined by two to 316 last week. The focus now shifts to the OPEC’s meet at Vienna on Thursday in which the cartel that accounts for almost 40 per cent of global crude supplies may keep the production target unchanged amid a recent resurgence in prices. At the MCX, crude oil futures for May 2016 contract were trading at Rs. 3,316 per barrel, up by 0.18 per cent, after opening at Rs. 3,329, against the previous closing price of Rs. 3,310. It touched the intra-day high of Rs. 3,329. (At 10:47 AM). We are provide COMMODITY Market Tips and two day free trail to content this no 9827808090.

क्रूड में गिरावट जारी, सोना 1205 डॉलर के आसपास

रोडक्शन बढ़ने की चिंता में क्रूड में गिरावट देखने को मिली है। नायमैक्स और ब्रेंट दोनों पर क्रूड का भाव 50 डॉलर के नीचे चला गया था। फिलहाल नायमैक्स पर क्रूड 0.08 फीसदी की हल्की बढ़त के साथ 49.3 डॉलर पर जबकि ब्रेंट क्रूड 0.10 फीसदी की गिरवाट के साथ 49.9 डॉलर पर दिख रहा है। वहीं डॉलर में मजबूती की वजह से सोने में भी गिरावट आई है। कॉमेक्स पर सोने का भाव 1 फीसदी की गिरावट के साथ 1205 डॉलर के आसपास दिख रहा है। जबकि चांदी करीब 2 फीसदी टूटकर 15 डॉलर के करीब दिख रही है। We are provide COMMODITY Market Tips     and two day free trail to content this no 9827808090.

Nifty nears 8200, Sensex firm

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The marlet has opened strong supported by index heavyweights.  The Sensex is up 111.59 points or 0.4 percent at 26765.19,  and the Nifty is up 35 points or 0.4 percent at 8191.65.  About 661 shares have advanced, 281 shares declined, and 35 shares are unchanged.  Coal India, SBI, Tata Steel, Adani Ports and Sun Pharma are top gainers while BHEL, ITC, Asian Paints, L&T and HDFC are losers in the Sensex. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Indian ADRs: ICICI Bank, Infosys, Dr Reddy's Lab Gain

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Indian ADRs ended higher on Friday. In the IT space, Infosys gained 1.62 at USD 19.49 and Wipro added 0.33 percent at USD 12.17.  In the banking space, ICICI Bank was up 1.13 percent at USD 7.18 and HDFC Bank rose 0.56 percent at USD 64.84.  In the other sectors, Tata Motors was up 0.24 percent at USD 29.80 and Dr Reddy's Laboratories advanced 1.38 percent at USD 7.18. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

F&O cues: Nifty 8000 Put adds 12 lakh shares in Open Interest

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Nifty 8100 Call shed 5.6 lakh shares in Open Interest on May 27  Nifty 8400 Call added 9.2 lakh shares in Open Interest  Nifty 8500 Call added 8.6 lakh shares in Open Interest  Nifty 8000 Put added 12 lakh shares in Open Interest  Nifty 8100 Put added 11 lakh shares in Open Interest For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Rupee opens at 67.21 per Dollar; Down 18 Paise

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The Indian rupee opened lower by 18 paise at 67.21 per dollar on Monday versus 67.03 Friday.  "The rupee is expected to strengthen against the dollar today. The rupee has weakened around 1.5 percent this year, while FIIs have bought USD 2.03 billion from the local equity market and sold USD 1.16 billionn in debt markets."  "The intra-day trend of rupee is seen up in a range of 66.75-67.45/dollar," he added. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

GOLD MARKET NEWS BY RIPPLES

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Gold fell to its lowest in over three months early on Monday as the dollar hit a one-month high against the yen after U.S. Federal Reserve chief Janet Yellen said the central bank could raise interest rates in the coming months. Spot gold had dropped 0.5 % to $1,205.70 per ounce by 0044 GMT. Bullion touched a low of $1205.50 earlier in the session, its lowest since Feb. 22. U.S. gold was down 0.7 % at $1,205.50. U.S. gold futures and options to their lowest in almost two months after the Fed indicated it could raise interest raise rates as early as June, data showed on Friday.  We are provide GOLD Market Tips and two day free trail to content this no 9827808090 .

Asian Markets trade Mixed, Nikkei up 0.7%, Shanghai Down 0.4%

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Asian stocks trading mixed Monday, despite futures pointing to a higher open. Australia's ASX 200 was trading effectively flat, weighed by a 0.81 percent decline in its materials subindex.  Major Australian resource producers were under pressure, with Rio Tinto dipped 0.13 percent, Fortescue Metals down 1.32 percent and BHP Billiton was lower by 0.1 percent. Japan's benchmark Nikkei 225 index was up 0.72 percent; while Hong Kong's Hang Seng index opened higher by 0.17 percent. Chinese markets were lower, with the Shanghai composite lower by 0.43 percent and the Shenzhen composite dropping 0.821 percent. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Dollar, Bond Yields Extend Gains after Yellen Remarks

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The US dollar added to gains while US Treasury yields hit session highs on Friday after Federal Reserve Chair Janet Yellen said a US interest rate hike will likely be appropriate in the coming months.  US stocks pared their advance. "It's appropriate ... for the Fed to gradually and cautiously increase our overnight interest rate over time, and probably in the coming months such a move would be appropriate," Yellen told an audience of Harvard University professors and alumni.  Numerous Fed officials in recent weeks have talked up expectations that an increase in borrowing costs may be near.  After Yellen's speech, traders raised their expectations of a June rate hike to 34 percent from 30 percent, according to CME Group. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Barley NCDEX Market News

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Barley prices closed higher by 0.16 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of strong demand from beer and cattle-feed making industries against restricted supply in 554 per quintal, up by 0.16 per cent, after opening at Rs. 1,554.5 against the previous closing price of Rs. 1,551.5. It touched the intra-day high of Rs. 1,554.5. The consumption demand for Barley in India mainly comes for malt, poultry and animal feed. Barley malt is majorly used for the production of alcoholic beverages in the country. We are provide Commodity Market Tips and two day free trail to content this no 9827808090.

बीपीसीएल का मुनाफा 10.6% घटा, आय 13.9% घटी

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वित्त वर्ष 2016 की चौथी तिमाही में बीपीसीएल का मुनाफा 10.6 फीसदी घटकर 2549 करोड़ रुपये हो गया है। वित्त वर्ष 2015 की चौथी तिमाही में बीपीसीएल का मुनाफा 2853 करोड़ रुपये रहा था। वित्त वर्ष 2016 की चौथी तिमाही में बीपीसीएल की आय 13.9 फीसदी घटकर 44,197 करोड़ रुपये पर रही है। वित्त वर्ष 2015 की चौथी तिमाही में बीपीसीएल की आय 51346 करोड़ रुपये रही थी। साल दर साल आधार पर जनवरी-मार्च तिमाही में बीपीसीएल का एबिटडा 4496 करोड़ रुपये से घटकर 3490 करोड़ रुपये रहा है। सालाना आधार पर जनवरी-मार्च तिमाही में बीपीसीएल का एबिटडा मार्जिन 8.8 फीसदी से घटकर 7.9 फीसदी रहा है। बीपीसीएल के बोर्ड ने 1 पर 1 के अनुपात में बोनस शेयर जारी करने और 15 रुपये प्रति शेयर डिविडेंड देने का एलान किया है। For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Oil Market UpDate By Ripples Advisory

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Oil prices, which have risen nearly 90 % from 12-year lows hit earlier this year, face pricing barriers to moving higher in the next three to five weeks, technical analysts said on Thursday, with Brent facing a significant hurdle at around $52 a barrel.  U.S. crude   fell 7 cents to $49.41 a barrel as of 0033 GMT after settling down 8 cents in the previous session. It touched $50.21 earlier on Thursday, its highest since early October.  Brent fell 9 cents to $49.50. Brent closed down 15 cents, retreating from $50.51, its highest since early November .

F&O cues: Nifty 8100 Call adds 7.9 lakh shares in Open Interest

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Nifty 8100 Call added 7.9 lakh shares in Open Interest (OI) on May 26  Nifty 8300 Call added 10 lakh shares in OI  Nifty 8400 Call added 8.3 lakh shares in OI  Nifty 7900 Put added 16.5 lakh shares in OI  Nifty 8000 Put added 10.6 lakh shares in OI For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Rupee Extends Gains, opens 15 Paise Higher at 67.02/$

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The Indian rupee extended gains. The currency has opened at 67.02 a dollar, up 15 paise compared to previous day's closing value of 67.17 a dollar. The equity markets are consolidating recent gains, oil is edging higher and dollar is slightly weaker, adding markets await the US Q1 GDP data.  The USD-INR pair after briefly trading above 67.50 per dollar has moved back into the 66.50-67.50 range tracking global dollar weakness and positive equities. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

US STOCKS SNAPSHOT-Wall St Pauses After two-day Run

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NEW YORK, May 26 (Reuters) - Wall Street treaded water on Thursday following two days of strong gains as advancing defensive sectors offset declines in materials, banks and other cyclical industries. The Dow Jones industrial average .DJI fell 23.22 points, or 0.13 percent, to 17,828.29, the S&P 500 .SPX lost 0.44 points, or 0.02 percent, to 2,090.1 and the Nasdaq Composite.IXIC added 6.88 points, or 0.14 percent, to 4,901.77. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

COMMODITY MORNING TREND NEWS

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GOLD SUPPORT: 28690/28800 RESISTANCE: 29160/29250 TREND: DOWN                                             SILVER SUPPORT: 38450/38850 RESISTANCE: 39510/39950 TREND: DOWN   CRUDE OIL SUPPORT: 3210/3260 RESISTANCE: 3390/3440 TREND: UP   COPPER SUPPORT: 309/313 RESISTANCE: 317/320 TREND: SIDEWAYS     We are provide NCDEX market tips and two day free trail to content this no 9827808090 .

Cardamom MCX Market News

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Cardamom prices rose by 0.73 % on Thursday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand. At MCX, Cardamom futures for June 2016 contract were trading at Rs 826.50 per kg, up by 0.73 %, after opening at Rs. 821 against the previous closing price of Rs. 820.50. It touched the intra-day high of Rs. 827.80 till the trading. (At 10.45 AM today).    Sentiment improved further as a result of firm demand in the market against restricted arrivals from producing belts of Chandausi in Uttar Pradesh. Kerala (70 %), Karnataka (20 %) and Tamil Nadu (10 per cent) are the cardamom growing states in India while about 90 % of the produce is consumed within the nation. The important markets for cardamom in India are Vandanmendu, Bodinayakanur, Kumily, Thekkady, Kumbum and Pattiveeran Patti in Kerala.   For More Information Visit Us :-   www.ripplesadvisory.com  

CHANA MARKET UPDATE

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Moody's says India's new Bankruptcy Code to boost Significantly

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*India's new bankruptcy code to boost significantly bargaining power of creditors as against large debtors *India's new bankruptcy code will significantly boost bargaining power of creditors against large debtors for resolution of distressed assets * Current weak legal framework for asset resolution has been a key structural credit weakness for Indian banks * Limited timeframe strengthens the banks' bargaining power over delinquent borrowers Source text for Eikon. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Tata Steel posts Q4 net loss of Rs 3,279cr; Sales at Rs 29,507cr

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Tata Steel said it posted fourth quarter consolidated revenues of Rs 29,507 crore (down 12.4 percent from Rs 33,666 crore year-on-year), EBITDA of Rs 2,270 crore (up 43.7 percent from Rs 1,580 crore) and a net loss of Rs 3,279 crore (compared to Rs 5,702 crore).  Revenues and net loss were worse than analysts' estimates, which expected the company to post a loss of Rs 870 crore on revenues of Rs 30,813 crore.  EBITDA was ahead of estimates of Rs 1,430 crore. The company said its operating performance remained strong, especially in the India business, and that fourth quarter earnings were impacted due to one-off costs associated with the UK business, such as impairment of non-current assets (Rs 1,724 crore), employee separation compensation (Rs 239 crore) and restructuring and other provisions (Rs 856 crore), among others. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Mustard NCDEX Market Update By Ripples Advisory

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   Mustard Seed prices closed lower by 0.02% on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal.    At the NCDEX, Mustard Seed futures for June 2016 contract closed at Rs. 4,363 per quintal, down by 0.02 %, after opening at Rs. 4,351 against the previous closing price of Rs. 4,364. It touched the intra-day low of Rs. 4,334. Sentiment weakened further due to the sluggish export demand as a result of the weak demand for the commodity. EU-27 accounts to about 34 % of worlds RM seed production, others major producers are China (23 %), Canada (19 %), India (14%), Australia (3 %), Ukraine (2 %). India produces 5.5 million MT to7 million MT annually.   We are provide   Commodity Market Tips   and two day free trail to content this no   9827808090 .

Sensex Rises over 100 pts, Nifty above 7950

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Equity benchmarks started off Thursday's trade on a positive note, continuing upside for third consecutive session.  The Sensex rose 138.25 points to 26019.42 and the Nifty climbed 31.55 points to 7966.45.  L&T shares rallied 9 percent in early trade as brokerages turned bullish on the stock after better-than-expected earnings in January-March quarter.  Citi has upgraded the stock to buy from neutral and target price raised to Rs 1,640 from Rs 1,230 apiece.  Tata Steel fell nearly a percent after reporting a loss of Rs 3,279 crore in Q4. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

JEERA MARKET UPDATE BY RIPPLES ADVISORY

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Jeera prices closed lower by 1.09% on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand. At the NCDEX, jeera futures for June 2016 contract closed at Rs. 15,950 per quintal, down by 1.09%, after opening at Rs. 16,100 against the previous closing price of Rs. 16,125.                                            It touched the intra-day low of Rs. 15,870. Global output of Jeera is around 2.2 lakh MT per year, of which India produces about 1.5 lakh MT per year. India exports Jeera mainly to the US, UK, UAE, Japan, Brazil, Bangladesh, Singapore and many other countries. Other Major exporters are Syria and Turkey.   We are provide Commodity Market Tips and two day free trail to content this no 9827808090 .

F&O cues: Nifty 7900 Call sheds 34.5 Lk shares in Open Interest

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Nifty 7800 Call shed 38 lakh shares in Open Interest on May 25  Nifty 7900 Call shed 34.5 lakh shares in Open Interest  Nifty 7950 Call added 18.7 lakh shares in Open Interest  Nifty 7850 Put added 27.4 lakh shares in Open Interest  Nifty 7900 Put added 30 lakh shares in Open Interest For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090

Rupee Opens Flat at 67.32 per Dollar

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The Indian rupee opened flat at 67.32 per dollar on Thursday versus previous closing of 67.33.  "Post FOMC minutes, the market is reassessing a possible Fed rate hike in June resulting in dollar strength."  "The rupee weakened initially but recovered on the back of a bounce back in stock markets and large custodial inflows."  "The USD-INR trading range for the day is seen between 67.10-67.40/dollar," he added. For More Information Visit Us :- www.ripplesadvisory.com And Call Us :- 9827808090