Today's NCDEX Market Update

-

Chana on NCDEX settled down by -1.54% at 5368 due to profit booking and as the arrival season having got under way. Meanwhile, centre has told to State governments to avail this benefit and utilize the available stocks for managing the prices of pulses in their respective States.Centre has decided to release 10,000 tons of pulses and it asked state government to place their order. 

On Saturday, Odisha government told that it would purchase 5,000 tons of pulses from the central government to check the skyrocketing price of the pulses in the state. According to IBIS (provisional data), import of pulses in the week (11 Apr-17 Apr) was around 81 Thousand tonnes at major ports in India, around 7% lower than previous week (04 Apr-10 Apr) import of 88 Thousand tonnes. At Vijaywada market in Andhra Pradesh total arrivals are at 1500 quintals, higher by 500 quintals from previous day’s arrivals.
                                        Trading Ideas

Chana trading range for the day is 5217-5643.

Chana prices ended with losses due to profit booking and as the arrival season having got under way.

Centre has told to State governments to avail this benefit and utilize the available stocks for managing the prices of pulses in respective States.
NCDEX accredited warehouses chana stocks dropped by 137 tonnes to 3399 tonnes.
In Delhi spot market, chana gained by 46.15 rupee to end at 5546.15 rupee per 100 kgs.
we are provide ncdx market tips and today free trail so visit our web side www.ripplesadvisory.com


Comments

Post a Comment

Popular posts from this blog

Daily equity Market By Ripplesadvisory Report 16-Aug-2016

-
MARKET WRAP UP The Sensex and Nifty jumped over one per cent on Friday and were headed for their second session of gains, led by energy stocks, including Reliance Industries Ltd, as oil prices extended their rally. Domestic sentiment was also buoyed on continued buying by investors ahead of IIP and inflation data scheduled to be released later in the day. US stocks closed at record highs on Thursday as surging oil prices and strong earnings buoyed investor sentiment, giving a boost to Asian markets. Dealers said widening of positions by participants ahead of key economic data —— industrial production (IIP) for June and consumer price index (CPI) for July —— to be released after market closing today also added to the upbeat investor sentiment. At 3.05 pm, the Sensex was up 315.38 points or 1.13 per cent at 28,174.98 while the NSE Nifty was up 85.7 points or 1.00 per cent at 8,677.85. Sentiment also got a boost as foreign investors continued to buy Indian shares for a...
Read more

Axis Bank agrees to buy to payments wallet provider FreeCharge for $60 million

-
Image
Axis Bank Ltd, India's seventh-biggest lender by assets, said on Thursday it had agreed to buy mobile payments wallet provider FreeCharge from e-commerce company Snapdeal for 3.85 billion rupees ($60.04 million). Most valuable Financial Advisory with the name of accurate tips provider here invites you to trade in a financial market with risk-free work click here for more >>  http://www.ripplesadvisory.com/free-trial.php "Digital payments in India are surging. Government policies are driving a less-cash economy," Axis Bank finance chief Jairam Sridharan told a news conference after announcing the deal.
Read more

Axis Bank Declines after Reporting Tepid Q4 Results

-
Image
For more Live premium stock future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56. Axis Bank declined 1.72% to Rs 508.40 at 9:40 IST on BSE after net profit dropped 43.13% to Rs 1225.10 crore on 4.33% rise in total income to Rs 14181.31 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours yesterday, 26 April 2017. Meanwhile, the S&P BSE Sensex was down 29.63 points or 0.1% at 30,103.72. On the BSE, 5.08 lakh shares were traded on the counter so far as against the average daily volumes of 9.17 lakh shares in the past one quarter. The stock had hit a high of Rs 525 and a low of Rs 503.60 so far during the day. The stock had hit a 52-week high of Rs 638 on 7 September 2016 and a 52-week low of Rs 424.60 on 10 January 2017. The stock had outperformed the market over the past one month till 26 April 2017, rising 5.74% compared with the Sensex's 2.42% rise. The sc...
Read more