Showing posts with label Mcx bullion calls. Show all posts
Showing posts with label Mcx bullion calls. Show all posts

Sensex slips over 750 points; Nifty below 10,650 mark

Equity benchmark indices crashed in today’s session and fell more than 2%. 

Reliance Industries contributed 225 points of the fall, followed by HDFC Bank with close to another 100-point dip, while TCS and Infosys contributed to close to 80 points each.

Brent crude was trading over $86 per barrel in morning deals while WTI crude was above $76 per barrel.

On the sectoral front, the Nifty IT index is down over 2.5% weighed by Infibeam Avenues, Tata Consultancy Services and Infosys.
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What dampened market sentiment? Here are five factors

Rupee at record low: A falling rupee weighed heavy on investor sentiment. The local currency plunged to its fresh record low of 73.77 against the dollar early Thursday.

Boiling oil: Brent crude was trading over $86 per barrel in morning deals while WTI crude was above $76 per barrel.

Rising bond yields: Hardening bond yields are creating waves of panic in the domestic equity market. India’s 10-year bond yield was hovering above 8.18 per cent on Thursday against previous close of 8.11 per cent.

Foreign capital outflows: Investors remained concerned over sustained foreign money outflows as foreign portfolio investors offloaded shares worth Rs 455.02 crore in October so far.

Weak Asian cues: Subdued Asian markets spoiled market sentiment too. Japan's Nikkei edged lower in choppy trade on Thursday morning.

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Indian rupee inching towards 74/USD


Indian rupee inching towards 74/USD; hits fresh record low 73.81

USD-INR pair is expected to quote in the range of 73.60 and 74.20,

The Indian rupee slipped further to a fresh record low of 73.81 per dollar on the back of rising global oil prices, and concerns over current account deficit and capital outflows.


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CAPITAL BUILDER TODAY’S NIFTY SUPPORT & RESISTANCE LEVELS

CAPITAL BUILDER TODAY’S NIFTY SUPPORT & RESISTANCE LEVELS 


S1- 10800, 

S2-10750 ,

R1- 11900 

R2-10950 : 


TREND- BEARISH


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Closing BEll: Sensex tanks 551 pts on falling rupee, boiling oil prices; Nifty dips 1.4% to 10,858; M&M cracks 7%

CAPITAL BUILDER CLOSING BELL :


NIFTY DOWN BY 150.05 @ 10858.25,


BANKNIFTY DOWN BY 297.10 @ 25069.90,


SENSEX DOWN BY 550.51 @ 35975.63


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Metal & mining stocks jump up to 5%; Vedanta, MOIL top gainers


Most metal & mining stocks were trading with decent gains in Wednesday's session, keeping the sectoral index higher. 

The Nifty Metal index was trading 2.3 per cent up at 3,609 around 12:15 pm. 

Shares of VedantaNSE 5.35 % (up 5.76 per cent), MOIL (up 5.67 per cent) and NMDC (up 4.63 per cent) were the top gainers in the metal index.

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Rupee recovers after report of talks on special dollar window for oil firms


The Indian rupee recovered sharply from record low levels on Wednesday after NewsRise reported that the government was in talks with the central bank for a special dollar swap window with some state-run fuel retailers. 

The partially convertible rupee briefly traded stronger on the day at 72.90 per dollar against its previous close of 72.91 after the news report. It had touched a life low of 73.42 earlier in the session.

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Dow closes at record but Facebook drags S&P, Nasdaq

The Dow Jones Industrial Average rose 122.73 points, or 0.46 percent, to 26,773.94, the S&P 500 lost 1.16 points, or 0.04 percent, to 2,923.43 and the Nasdaq Composite dropped 37.76 points, or 0.47 percent, to 7,999.55.

The Dow hit a record closing high on Tuesday, but another drop in Facebook shares weighed on both the S&P 500 and Nasdaq, driving both to finish in the red.

The NYSE FANG+TM index , an equal-weighted index of five core FANG stocks, was down 4.2 percent for September.

The smallcap Russell 2000 index was off 1.01 percent. Smaller names, which had been viewed as being more insulated to trade pressures, are losing their lustre following Sunday's late-night North American trade agreement. The index is now down nearly 5 percent from its August 31 high.

The S&P 500 posted 20 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 35 new highs and 124 new lows.Volume on US exchanges was 7.19 billion shares, compared to the 6.93 billion average for the full session over the last 20 trading days.

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Brent oil near 4-year high ahead of Iran sanctions


Oil prices opened firmly on Monday, with Brent hovering close its highest in nearly four years ahead of US sanctions against Iran that kick in next month. 

Brent crude oil futures were trading at $83.04 per barrel at 0057 GMT, up 31 cents, or 0.4 per cent, from their last close and near the $83.07 level reached during the last session - the highest since November 2014.


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CAPITAL BUILDER TODAY’S NIFTY SUPPORT & RESISTANCE LEVELS

CAPITAL BUILDER TODAY’S NIFTY SUPPORT & RESISTANCE LEVELS : 

S1- 10880, 

S2-10830 ,

R1- 10981 

R2-11030 : 

TREND-VOLATILE

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OPENING BELL: Sensex drops 100 pts, Nifty50 below 10,900; Bandhan Bank plunges 19%, Kotak Manhindra Bank 8%




CAPITAL BUILDER OPENING BELL: 



NIFTY UP BY 0.45 @ 10930.90, 


BANKNIFTY DOWN BY 175.95 @ 24943.90, 


SENSEX UP BY 47.11 @ 36274.25



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क्रूड ऑयल प्राइस टुडे: कच्चे तेल में तेजी जारी, बाजार को सप्लाई घटने की चिंता

सऊदी अरब की ओर से सप्लाई बढ़ने की उम्मीद के बावजूद कच्चे तेल की कीमतों में तेजी देखने को मिल रही है. 

अमेरिकी कच्चे तेल के बेंचमार्क WTI क्रूड का भाव 21 सेंट की मजबूती के साथ 72.33 डॉलर प्रति बैरल पर पहुंच गया, जबकि ब्रेंट क्रूड का दाम 18 सेंट की तेजी के साथ 81.56 डॉलर प्रति बैरल के आसपास कारोबार कर रहा था.

वहीं, MCX पर कच्चे तेल की कीमतों की बात करें तो शुक्रवार को वायदा बाजार में अक्टूबर में डिलीवरी के लिए कच्चे तेल का भाव 183 रुपये या 0.34 फीसदी की तेजी के साथ 5,257 रुपये प्रति बैरल पर पहुंच गया, इस दौरान इसमें 393 लॉट के कारोबार था.

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YES Bank shares continue to tumble, drop nearly 10%

Yes Bank stock has crashed more than 50 percent in last one month wiping out more than Rs 4,600 crore in market capitalisation. It fell as much as 9 percent on Friday to hit fresh 52-week low of Rs 184.45.

It was quoting at Rs 189.30, down Rs 13.90, or 6.84 percent, on the BSE at 10:50 hours IST. 

It has been the biggest loser among Nifty50 stocks in last one month.

In the dock for under-reporting bad loans, Yes Bank has denied any “window dressing” of corporate loans to conceal its non-performing asset (NPA) status.

Yes Bank further said its gross NPA ratios are among the finest in the banking industry and the internal control over financial planning is audited with BSR and Co (KPMG), that has given an “un-qualified opinion” on it.

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Stock market update: Over 360 stocks hit 52-week lows on NSE

Over 360 stocks, including YES Bank, Maruti Suzuki, Hero MotoCorp, Tata Motors and Punjab National Bank, hit 52-week lows on NSE in Friday's session.

Apollo Tyres, Vodafone Idea, IDFC, Jet Airways (India), Arvind, Bank of Baroda, BEML, Can Fin Homes, Ceat, Castrol India, Indiabulls Real Estate, Jain Irrigation, JK Tyre, NBCC (India), NCC, NHPC, NIIT, Oriental Bank of Commerce, Syndicate Bank, Tata Communications, UCO Bank and V-Guard Industries also featured among stocks that touched 52-week lows today.

Equity benchmarks Nifty and Sensex were swinging between gains and losses amid firm Asian cues.

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Stocks in the news: PNB, DB Realty, Canara Bank, Cochin Shipyard, Kesoram Industries

Stocks in the news: PNB, DB Realty, Canara Bank,Cochin Shipyard, Kesoram Industries
IL&FS Financial Services: Company defaulted on 7 repayments between September 12 & 27.

Kesoram Industries received Karnataka government approval for acquisition of some 675 acres of land for Industrial purpose (Mining Activities).

DB Realty: Company to increase its stake in Neelkamal Realtors Tower Pvt. Ltd. (Project "One Mahalakshmi" at Mahalakshmi, Mumbai) and make it a wholly owned subsidiary of the company.

PNB: CBI filed case against directors & promoters of telecom company VMC Systems Private Ltd after complaint from the bank - CNBC-TV18.

Yes Bank: The bank confirms it is compliant with Schedule-II Corporate Governance of SEBI, saying it has no dealings with three sister family offices and denies window dressing of corporate accounts to hide NPAs.

Karnataka Bank: The bank in association with Bajaj Allianz General Insurance launched a unique QR Code based instant two wheeler insurance policy.

Canara Bank: Board decided to raise equity share capital amounting upto Rs 250 crore (Face Value), through qualified institutional placement (QIP) route, by issuing upto 25 crore equity shares of face value Rs 10 each, for an aggregate amount not exceeding Rs 6,000 crore.

Bank of Baroda: Fitch Ratings has placed bank's Viability Rating (VR) of 'bb' on Rating Watch Negative (RWN) following the announcement that the government plans to merge the India-based bank with two mid-sized state banks, Vijaya Bank and Dena Bank. Fitch has concurrently affirmed BoB's Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook, Support Rating at '2' and Support Rating Floor at 'BBB-'.

DHFL has made early redemption of certain Secured Redeemable Non-Convertible Debentures (NCDs) issued by way of Private Placement and made the payment

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Asian shares edge up in early trade after Wall Street gains

Japan's Nikkei stock index gained 1.1 percent, putting it within sight of a 2018 high of 24,129.34 points on Jan. 23.



Shares in Asia inched higher on Friday, following gains on Wall Street overnight after news of robust U.S. economic growth, with the chairman of the Federal Reserve saying the United States does not face a large chance of near-term recession.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.02 percent in early trade in Asia.

Australian shares were 0.5 percent higher, while Seoul's Kospi was down 0.5 percent after hitting three-month highs on Thursday.

The Dow Jones Industrial Average rose 0.21 percent to 26,439.93 on Thursday, the S&P 500 gained 0.28 percent to 2,914 and the Nasdaq Composite added 0.65 percent to 8,041.97.

Markets had expected Italy's economy minister, Giovanni Tria, to resist a spending push by Italy's coalition government, which took power in June.

The dollar index , which tracks the greenback against a basket of six major rivals, was up 0.1 percent at 95.003.

U.S. Treasury yields ticked lower. The yield on benchmark 10-year Treasury notes was at 3.0462 percent on Friday, compared with its U.S. close of 3.055 percent on Thursday.

US crude was 0.03 percent higher at USD 72.14 a barrel. Brent crude fell 0.1 percent to USD 81.63 per barrel.

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OPENING BELL: Sensex jumps 150 pts, Nifty50 nears 11,050; DHFL gains 3%, Apollo Tyres drops 3%


CAPITAL BUILDER OPENING BELL: 



NIFTY UP BY 30.55 @ 11008.10, 


BANKNIFTY UP BY 93.65 @ 25135.80, 


SENSEX UP BY 128.57 @ 36452.74



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Sensex, Nifty rise after a choppy start; airline stocks tank on jet fuel duty hike

Among sectors, banks are trading in the red, while IT and pharmaceuticals are trading higher.

Market Update

Shares are trading marginally higher after seeing a negative move in the first few minutes of trade. The Nifty is trading around 11,050, while the Sensex is trading flat.

The Sensex is up 39.87 points or 0.11% at 36582.14, while the Nifty is higher by 4.00 points or 0.04% at 11057.80. 

The market breadth is narrow as 923 shares advanced, against a decline of 697 shares, while 68 shares were unchanged.

Asian Paints, Vedanta, Titan and UltraTech Cement were the top gainers, while Yes Bank, HDFC, Indiabulls Housing and Bajaj Finance have lost the most.

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Market Live: Rangebound trade continues on D-Street with Sensex down 100 pts; ITC, Tata Motors slide 3%

Selling among FMCG names along with PSU banks have weighed on the market. However, midcaps are outperforming the benchmarks so far.

Market Update: 

The rangebound trade continues on the Dalal Street with Sensex is down over 100 points, while Nifty is trading lower by 20 points on Wednesday.

The Sensex is down 140.51 points at 36,511.55, while Nifty is down 27.50 points at 11,040. 

About 1244 shares have advanced, 1202 shares declined, and 169 shares are unchanged.

Tata Motors, ITC, Wipro, SBI and TCS are the top losers on the Sensex.

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10 key takeaways from Supreme Court's Aadhaar verdict

A five-judge bench, headed by Chief Justice of India Dipak Misra, ruled that Aadhaar will stay, but with conditions.

The Supreme Court delivered its judgment on the petitions challenging the constitutional validity of the Aadhaar Act. A five-judge bench, headed by Chief Justice of India Dipak Misra, Justice AK Sikri, AM Khanwilkar, DY Chandrachud and Ashok Bhushan, ruled that Aadhaar will stay, but with conditions.

The verdict on the case was reserved by a constitutional bench earlier this year. Justice Sikri read out the majority verdict.

Here are the 10 key takeaways from the judgment:
1. It is no longer required to link your Aadhaar card to phone numbers and bank accounts. The Supreme Court struck down Section 57 of the Aadhaar Act, which means that private companies cannot insist on Aadhaar details of customers.


2. The Supreme Court has ruled that the Aadhaar card has to be mandatorily linked to one’s PAN card. SC upheld the 139AA of Income Tax Act. It is mandatory to quote Aadhaar/Enrolment ID of Aadhaar application form for filing of return of income.

3. The SC struck down Section 33 (2) of the Aadhaar Act, which permits disclosure of identity information and authentication records for national security.

4. Aadhaar is not mandatory for school admission, Justice Sikri said while reading out the judgment. CBSE, UGC and NEET cannot make Aadhaar mandatory. Children will be given the option to opt out of Aadhaar benefits after becoming adults.

5. The purpose of the Aadhaar Act is legitimate but it is satisfied only if Aadhaar collects minimal data, Justice Sikri observed, and that adequate measures must be in place to protect data. Aadhaar eliminates any chance of duplication, he said.

6. Justice Sikri called the Aadhaar enrolment process foolproof but asked the central government to come up with a stronger data protection law as soon as possible.

7. Aadhaar empowers marginalised sections of society by giving them an identity, Justice Sikri said. The top court said many people benefiting from Aadhaar cannot be denied their rights due to exclusion of a few.

8. Justice Sikri said it is better to be unique than the best and Aadhaar is based on being unique. The architecture of the Aadhaar Act reveals that UIDAI is a statutory body for assigning unique numbers and authentication. Uniqueness is based on submission of demographic and biometric data submission to UIDAI, he said.

9. Justice Sikri said heavy reliance has been put on the privacy judgment of 2017 and that human dignity is already a settled right from an individual’s point of view. He added that profiling is not possible using Aadhaar and that sufficient safeguards are in place to disallow it.

10. The Supreme Court said only an authority above Joint Secretary can take a call on sharing data. There has to be consultation between a secretary-level officer and a sitting or retired judge to decide if data is to be shared in national interest.

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