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Showing posts from June, 2016

GOLD MARKET NEWS

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Gold fell on Thursday after rising as much as 1 % during the previous session, with safe-haven demand easing as the shock of Britain's decision to leave the European Union began to fade.    Asian stock markets rose on Thursday, tracking an overnight rally on Wall Street, while the dollar remained near a 3-1/2 month high against a basket of currencies as global markets regained a semblance of calm. Spot gold had fallen 0.3 percent to USD 1,314.30 an ounce by 0357 GMT. It closed about 0.5-percent higher on Wednesday, rising for three out of four sessions.    US gold was down 0.7%at USD 1,317.40.    SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, rose 0.28 % to 950.05 tonnes on Wednesday, the highest since July 2013.    We are provide all share market tips,equity market tips Gold Market Tips and one day free trail to content this no. 9827808090

OIL MARKET NEWS

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Oil prices fell in early trade on Thursday, with Brent futures struggling to defend USD 50 per barrel as fears over strike outages in Norway faded and as Nigeria's production improved.    International Brent crude oil futures were trading at USD 50.10 per barrel at 0126 GMT, down 51 cents, or 1 percent, from their last settlement. US West Texas Intermediate (WTI) crude futures were down 38 cents, or 0.76 %, at USD 49.50 a barrel.    The US Energy Information Administration reported on Wednesday that crude stockpiles fell 4.1 million barrels in the week to June 24, the sixth consecutive week of drawdowns, to 526.6 million barrels.    US crude oil production was at 8.62 million bpd, down from a peak of over 9.6 million bpd in June 2015. In the Middle East, OPEC's second biggest producer Iraq is set to see output fall for a second straight month in June. Iraq's seaborne exports in the first 29 days of June have averaged 3.14 mill

Gold Technical Report By Ripples Advisory

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Gold price s are expected to trade sideways from 31100 – 31500. Traders can buy at lower levels with a stop loss below 31000.      We are providing Gold Market Tips and one day free trail to content this no. 9827808090

NCDEX JEERA MARKET REPORT

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Jeera on NCDEX settled down by -1.06% at 18120 on heavy arrivals from the producing belts. However anticipation of improved export demand in coming months, capped some losses.   At Gondal(Guj.) market inRajkot(Guj.) total arrivals are at 600 quintals, lower by 100 quintals as against previous day. At Rajkot market in Rajkot(Guj.), total arrivals are at 210 quintal, lower by 130 quintal as against previous day. Exporters reported active in the domestic market. Export demand reported as compared to last year in the spot market due to good quality supply.    In the next few months, the prices will depend on export demand. As per third advance estimate of Gujarat State for 2015-16, production is pegged at 213,000 ton up by nearly 7% from a year ago.    Last year, India exported 1,55,000 tonnes. Notably, the country’s jeera exports have been on a decline since 2013-14 from 1,60,000 tonnes reported that year.    Most farmers have offloaded their crop.Of the

MORNING TREND RIPPLES ADVISORY

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GOLD SUPPORT: 31000/31150 RESISTANCE: 31450/31600 TREND: SIDEWAYS    SILVER SUPPORT: 43000/43500 RESISTANCE: 44200/44600 TREND: UP    CRUDE OIL SUPPORT: 3230/3280 RESISTANCE: 3390/3340 TREND: UP    COPPER SUPPORT: 319/322 RESISTANCE: 328/331 TREND: UP  We are providing Commodity Market Tips and one day free trail to content this no 9827808090

Coal India Signs Agreements with SECI for Solar Projects

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Coal India Ltd (CIL) on Wednesday said it has signed two agreements with Solar Energy Corporation of India (SECI) for implementation of 200 MW solar power projects in Madhya Pradesh.    "CIL and SECI have signed two agreements for implementation of 200 MW solar power project in the state of Madhya Pradesh for the beneficial utilisation of solar power by Northern Coalfields Ltd 100 MW and South Eastern Coalfields Ltd 100 MW, two subsidiaries of CIL, at an estimated cost of Rs 650 crore," the miner said in a BSE filing.    For More Information Stock advisory company Indore,stock market news,stock advisory tips, best stock advisory company in Indore , Stock Future Tips ,Bank Nifty Tips, Nifty Future Tips,currency Tips,Stock Option Tips,Bullion tips And call us :- 9827808090

Tata Power Commissions Solar Plant at Toyota firm

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Tata Power Solar on Wednesday commissioned a 100 kilowatt (kW) rooftop solar plant at Toyota Kirloskar Auto Parts Ltd. at Bidadi on the city's outskirts, the solar firm said on Wednesday.    "The rooftop plant was installed in a record 21 days on the top of the administrative building of the Japanese auto parts factory in the Bidadi industrial estate, about 30 km from the city centre," the Tata Group company said in a statement here.    To be used for captive consumption, the 340 modules used for the project will generate 146,000 units of power and offset 117 tonnes of carbon dioxide annually.    "We believe adoption of solar in the industry by Toyota's joint venture will help build momentum and could be a tipping point for other auto component manufacturing companies to go green,a Tata Power chief executive Ashish Khanna said on the occasion.    For More Information Stock advisory company indore,st

Cement Demand to Grow 6% in FY17

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Demand for cement is likely to grow by 6 percent in the current fiscal and further rise to 7 percent in 2017-18, on improvement in infrastructure segment, says a report. According to rating agency Icra, cement demand was relatively muted at 5 percent in 2015-16.    "Cement demand growth will pick up to 6 percent in 2016-17 and further to 7 percent in 2017-18... during the current fiscal, it is likely to be driven by the pick-up in the infrastructure segment -- primarily road projects and housing segment," Icra Ratings Senior Vice President Sabyasachi Majumdar said.    "This apart, there is a likelihood of recovery in rural demand from the second half of the current fiscal given the expectations of a better monsoon," Majumdar added.    Icra also noted that cement demand would also be supported by the construction of a new capital for Andhra Pradesh and the focus on irrigation and water grid

Nifty Opens Above 8250 on Expiry day, Sensex Strong

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The market has opened higher on June Future & Options expiry day.  The Sensex is up 190.43 points or 0.7 percent at 26930.82, and the Nifty is up 58.30 points or 0.7 percent at 8262.30. About 447 shares have advanced, 62 shares declined, and 27 shares are unchanged. Bharti, SBI, Dr Reddy's Labs, GAIL and BHEL are top gainers. For More Information Stock advisory company Indore,stock market news,stock advisory tips, best stock advisory company in Indore , Stock Future Tips ,Bank Nifty Tips, Nifty Future Tips,currency Tips,Stock Option Tips,Bullion tips And call us :- 9827808090

Asia stocks Gain as post-Brexit Bounce Continues, yen Pulls back

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Asia stocks rose on Thursday, tracking an overnight rally on Wall Street, while the safe-haven Japanese yen retreated as global markets regained a semblance of calm after last week's Brexit shock.   MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent, pulling further away from a one-month low on Friday when it plunged more than 3 percent in reaction to Britain's decision to leave the European Union. Australian stocks added 0.3 percent and Japan's Nikkei climbed 1.2 percent.    Overnight, the Dow had risen 1.6 percent while Britain's FTSE rallied for the second day, retracing all the losses suffered in reaction to Brexit. US President Barack Obama said on Wednesday he expects the world economy will be steady in the short run after Britain's decision but expressed concern about longer-term global growth. Still, expectations that major central banks will go easier on monetary policy in anticipation of anoth

Nifty 8200 Call sheds 10.6 Lk shares in Open Interest

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Nifty 8100 Call shed 14.9 lakh shares in Open Interest on June 29    Nifty 8200 Call shed 10.6 lakh shares in Open Interest    Nifty 8300 Call added 9.6 lakh shares in Open Interest    Nifty 8100 Put added 8.9 lakh shares in Open Interest    Nifty 8150 Put added 17.9 lakh shares in Open Interest    Nifty 8200 Put added 16.9 lakh shares in Open Interest    For More Information Stock advisory company Indore,stock market news,stock advisory tips,best stock advisory company in Indore, Stock Future Tips ,Bank Nifty Tips, Nifty Future Tips,currency Tips, Stock Option Tips ,Bullion tips And call us :- 9827808090

Rupee Opens at 67.55 per Dollar; up 13 Paise

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The Indian rupee opened higher by 13 paise at 67.55 per dollar on Thursday versus 67.68 Wednesday.    "Consolidation is expected to continue in a choppy currency market. Rupee has recovered well post Brexit vote and has settled in a range."    "Trading range for the day is seen at 67.30-67.60/dollar," he said. The pound extended its advance from a three-decade low as traders took advantage of the global market rout to go on a buying spree. The dollar index slips to 95 levels.    For More Information Stock advisory company Indore,stock market news,stock advisory tips,best stock advisory company in Indore, Stock Future Tips ,Bank Nifty Tips, Nifty Future Tips, currency Tips ,Bullion tips And call us :- 9827808090

Wall Street Rebounds from Brexit with Second day of Big Gains

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Wall Street recorded big gains for a second day on Wednesday as investors continued to scour for bargains and digest the fallout from Britain's stunning vote to leave the European Union. The S&P 500 has recouped more than half of its losses from the two-day equities rout sparked by the British referendum, which had erased USD 3 trillion in value from global equity markets, according to S&P Dow Jones Indices.    The S&P financial sector .SPSY, which was beaten up in the wake of the vote, gained 2.3 percent, leading all sectors. Energy shares .SPNY jumped 2 percent, supported by higher oil prices. All 10 industry groups closed higher.    For More Information Stock advisory company Indore, stock market news ,stock advisory tips,best stock advisory company in Indore, Stock Future Tips ,Bank Nifty Tips, Nifty Future Tips,currency Tips,Bullion tips And call us :- 9827808090

COPPER MARKET NEWS

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Copper hit its highest level in almost two months on Tuesday as the US dollar weakened and hedge funds and speculators slashed their bets on lower prices. Support seen as investors bet on more global stimulus measures after Britain's shock vote to leave the EU. Data from the LME showed money managers had reduced their short position in copper to just over 86,600 lots on Friday, down from 107,600 lots a week before.  Three-month copper on the London Metal Exchange had settled at $4,824 a tonne having earlier struck its strongest since May 5 at $4,831.50, following 2.3-percent gains in the previous session.    Also Chinese Premier Li Keqiang said on Tuesday he wouldn't allow the post-Brexit panic that roiled global currencies and stocks to send the country's financial markets into a tailspin, an indication authorities would intervene if needed to prevent market chaos.    We are provide Commodity Market Tips and one day

NCDEX Turmeric News By Ripples Advisory

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Turmeric on NCDEX settled up by 0.48% at 8368 on receipt of orders from North India. Though, some gains were capped on monsoon progress in key turmeric producing belts, as the sowing is taking place in Andhra Pradesh, Karnataka and Telangana.    Turmeric trading range for the day is 8216-8496. Turmeric production for the current crop year (2015-16) is estimated to be around 315,000 tons compared to the previous year production of 324,000 tons. During the Apr-Dec 2015, India exported 68,500 ton turmeric as against 64,785 ton a year ago because of increased demand from Gulf countries.   At Nizamabad market arrivals were reported at 2000 quintals, down by 1000 quintals as compared to previous day. At Warangal market estimated market supply was at 400 bags, higher by 200 bags as against previous day.    In Nizamabad, a major spot market in AP, the price ended at 8567.1 rupees gained 58.05 rupees.Technically now Turmeric is getting support at

Commodities Daily Technical Report

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Nifty Opens above 8150, Sensex Up Over 100pts

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The market has opened on a strong note supported by strong global cues.    The Sensex is up 138.86 points or 0.5 percent at 26663.41 and the Nifty is up 40.50 points or 0.5 percent at 8168.35.    About 660 shares have advanced, 98 shares declined, and 39 shares are unchanged.    Tata Motors, ICICI Bank, Dr Reddy's Labs, L&T and Sun Pharma are top gainers while GAIL and HDFC Bank are losers in the Sensex.    For More Information Stock advisory company Indore ,stock market news,stock advisory tips,best stock advisory company in Indore, Stock Future Tips ,Bank Nifty Tips, Nifty Future Tips,currency Tips,Bullion tips And call us :- 9827808090