BANK NIFTY IS 1000 POINTS MOVEMENT READY FOR PROFIT SHARING CLIENTS CONTACT 8885237899 DONT MISS RALLY NO FREE TRAIL CMP@16800 BULL/BEAR FOR PAID CLIENTS ONLY
Which is massages given in this blog it's just our opinion trading is ur own risk we are not responsible for profit & loss
Thursday 24 December 2015
Wednesday 16 December 2015
nse tips
| 1 | sell bank nifty@ 16550 sl 16700 target 16300/16100/15800 | 16/12/2015 | 09:58:57 |
| 2 | positional buy petronet@244 sl 233 target 255/265/278 | 16/12/2015 | 09:57:29 |
Thursday 10 December 2015
NZD, GBP, CHF news.
NZD
The Reserve Bank of New Zealand (RBNZ) differs from many of the central banks in the West, such as the US or UK. The RBNZ is not completely independent, meaning it is still in part tied to the New Zealand Government. Due to this fact, the RBNZ can only change monetary policy under the Policy Target Agreement (PTA). The PTA states that the inflation target must be negotiated between the government and the RBNZ. Currently the PTA states that that inflation should fall between a 1-3% target level. Regardless of whether the Reserve Bank of New Zealand chooses to raise, lower, or maintain the interest rate; the decision always has an effect on the NZD. This news is at 22:00 GMT on 09 Dec 2015.
CHF
The Swiss National Bank (SNB) usually announces a target range for Libor, and the midpoint is considered the target rate unless specifically stated otherwise. The rate decision is usually priced into the market, so it tends to be overshadowed by the SNB Monetary Policy Assessment, which is focused . This news is at 10:30 GMT on 10 Dec 2015.
GBP
UK BOE Interest Rate Decision will set the pace of GBP until the end of 2015. With BOE still taunting a potential rate hike (although there is no real expectation for it), today's release along with vote counts should provide enough hints for the market. This news is at 14:00 GMT on 10 Dec 2015.
Friday 27 November 2015
Sensex,Nifty top gainers
Sensex,Nifty top gainers Bank of Baroda, Hindalco, Punjab National Bank, Vedanta
Soybean Dec futures
Soybean Dec futures slump 0.64% to Rs 3,862/100 kg on higher supply, improved demand vs open of Rs 3,878/100 kgcpo updates
CPO Nov futures rise 0.21% to Rs 381.30/10 kg on demand worries, weak INR vs open of Rs 382.50/10 kg
copper up dates
MCX copper Nov delivery seen support at Rs 294.6/kg, resistance at Rs 305.6/kg Fri on demand hope
aluminium updates
MCX aluminium Nov contract seen support at Rs 96.2/kg, resistance at Rs 102.4/kg Fri on demand hope
Comex gold Dec
Comex gold Dec delivery seen support at $1,061.80/ounce, resistance at $1,077.70/ounce
SKS Microfinance :
SKS Microfinance Limited slashes interest rate to 19.75%, becomes the first MFI to charge sub-20%...
Pulses in Morena Physical Market
At Morena market , Chana Desi finished at 5000 per quintal, steady as against previous close. Tur Desi(New) closed weak at 7000-7500 per quintal, down by 1.32 per cent as compared to previous day. Estimated market supply was at 1500 quintals, steady as against previous dayn#39;s arrival. Pulses in Morena Market (Prices in per quintal) Market Commodity/Variety Price Change Absolute Morena Chana Desi 5000 0 Morena Tur Desi(New) 7000-7500 -100 nnbsp; Note: The above mentioned prices are in per quintal and arrivals are in quintals.
Mentha Oil in Physical Market in Sambhal
At Sambhal market , Mentha Oil ended at Rs. 1040 per Kg, steady as against previous close. Total arrivals are at 400 Drums(1-drum=180kg), higher by 300 Drums(1-drum=180kg) as against previous day. Mentha DMO closed at Rs. 760 per Kg, unchanged against previous close. Mentha Flakes at Sambhal market closed at Rs. 1075 per Kg, unchanged as compared to previous close. Mentha Crystal at Sambhal market finished weak at Rs. 1105 per Kg, down by 0.45 per cent from previous trading day. Mentha Oil in Sambhal Market (Prices in Rs. per Kg) Market Commodity/Variety Price Change Absolute Sambhal Mentha Oil 1040 0 Sambhal Mentha DMO 760 0 Sambhal Mentha Flakes 1075 0 Sambhal Mentha Crystal 1105 -5 nnbsp;
Mustard Physical Market Finished with a Weak in Madhya Pradesh
At Bhind market in Madhya Pradesh, Mustard Seed ended weak at Rs. 4300-4350 per quintal, down by 1.14 per cent from previous trading day. Total arrivals are at 500 quintals, steady as against previous dayn#39;s arrival. Mustard Oil ended lower at Rs. 9000 per quintal, lower by 1.1 per cent from previous price level. Mustard Non-Condition at Morena market ended high at Rs. 4400-4600 per quintal, up by 1.1 per cent against previous day. Todayn#39;s arrivals are at 200 quintals, down by 100 quintals from previous dayn#39;s arrivals. Mustard Condition at Morena market ended firm at Rs. 4950 per quintal, higher by 1.02 per cent as compared to previous day. Mustard in Madhya Pradesh Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Bhind Mustard Seed 4300-4350 -50 Bhind Mustard Oil 9000 -100 Morena Mustard Non-Condition 4400-4600 +50 Morena Mustard Condition 4950 +50 nnbsp
Sugar in Muzaffarnagar Physical Market
Sugar MONNET(M-31) at Muzaffarnagar market finished at Rs. 2710 per quintal, steady as against previous close. nnbsp; Sugar in Muzaffarnagar Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Muzaffarnagar Sugar MONNET(M-31) 2710 0 At Muzaffarnagar market , Sugar M-31(Khatauli) closed lower at Rs. 2905 per quintal, down by 0.17 per cent from previous trading day. Sugar M-31((Deoband) closed weak at Rs. 2715 per quintal, lower by 3.66 per cent against previous trading day. Sugar Sehora at Muzaffarnagar market finished lower at Rs. 2705 per quintal, down by 0.18 per cent as against previous day. nnbsp; Sugar in Muzaffarnagar Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Muzaffarnagar Sugar M-31(Khatauli) 2905 -5 Muzaffarnagar Sugar M-31((Deoband) 2715 -103 Muzaffarnagar Sugar Sehora 2705 -5 nnbsp;
Ernakulum Black Pepper Physical Market
At Kochi market in Ernakulum, Black Pepper Ungarbled ended lower at Rs. 68000 per quintal, down by 0.58 per cent from previous dayn#39;s price level. Total arrivals are at 35 tonnes, up by 9 tonnes from previous trading day. Black Pepper Garbled finished weak at Rs. 71000 per quintal, down by 0.56 per cent as compared to previous day. unchanged as compared to previous dayn#39;s arrival. Black Pepper in Ernakulum Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Kochi Black Pepper Ungarbled 68000 -400 Kochi Black Pepper Garbled 71000 -400 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in tonnes
Pulses Physical Market Started with a Firm in New Delhi
At New Delhi market , Chana Rajasthan started the day strong at Rs. 5300-5325 per quintal, up by 1.91 per cent from previous dayn#39;s price level. Arrivals were reported at 25 Motars, down by 5 Motars from previous trading day. Chana Madhya Pradesh began high at Rs. 5300 per quintal, up by 1.92 per cent as against previous day. Traders reported arrivals at 25 Motars, down by 5 Motars as compared to previous day. Chana Dal at New Delhi market opened high at Rs. 6000-6150 per quintal, up by 1.65 per cent as against previous day. Pulses in New Delhi Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute New Delhi Chana Rajasthan 5300-5325 +100 New Delhi Chana Madhya Pradesh 5300 +100 New Delhi Chana Dal 6000-6150 +100 nnbsp;
Thursday 19 November 2015
Friday 25 September 2015
Coriander Seed in Physical Market Trading Unchanged in Kota
At Kota market , Coriander Seed Eagle is trading at Rs. 9500-9700 per quintal, steady as against previous close. Coriander Seed Badami is offered at Rs. 8700-9200 per quintal, unchanged against previous close. Arrivals were reported at 1200 quintals, down by 1300 quintals as against previous day. Coriander Seed Eagle at Ramganj market is quoted strong at Rs. 9400-9600 per quintal, higher by 2.13 per cent from previous dayn#39;s price level. Coriander Seed Badami at Ramganj market is offered high at Rs. 8700-8900 per quintal, up by 2.3 per cent against previous day. Todayn#39;s arrivals are at 2000 quintals, down by 1500 quintals from previous trading day. Coriander Seed Scotter at Ramganj market is trading high at Rs. 10100-12000 per quintal, higher by 1.69 per cent as against previous day. Coriander Seed in Kota Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Kota Coriander Seed Eagle 9500-9700 0 Kota Coriander Seed Badami 8700-9200 0 Ramganj Coriander Seed Eagle 9400-9600 +200 Ramganj Coriander Seed Badami 8700-8900 +200 Ramganj Coriander Seed Scotter 10100-12000 +200 nnbsp;
Jodhpur(Raj.): Jeera(Cumin Seed) in Physical Market Trading Strong
At Jodhpur(Raj.) market in Jodhpur, Jeera(Cumin Seed) Loose is trading strong at Rs. 15200 per quintal, up by 0.66 per cent as compared to previous day. Estimated market supply was at 800 quintals, up by 200 quintals from previous dayn#39;s arrivals. Jeera(Cumin Seed) in Jodhpur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Jodhpur(Raj.) Jeera(Cumin Seed) Loose 15200 +100 Note: The above mentioned prices are in Rs. per quintal and arrivals are in quintals.
Turmeric in Erode Physical Market Trading Steady
At Erode market , Turmeric Finger is trading at Rs. 7300-7500 per quintal, steady as against previous close. Estimated market supply was at 5100 quintals, higher by 2100 quintals as against previous day. Turmeric Gattah is offered at Rs. 7000-7200 per quintal, steady against previous close. Turmeric Sellem at Erode market is quoted at Rs. 8000-8300 per quintal, unchanged as compared to previous close. Turmeric in Erode Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Erode Turmeric Finger 7300-7500 0 Erode Turmeric Gattah 7000-7200 0 Erode Turmeric Sellem 8000-8300 0 nnbsp;
Rajasthan Guar Physical Market
At Sri Ganganagar market , Guar Loose is trading weak at Rs. 3550 per quintal, lower by 0.7 per cent from previous trading day. Arrivals were reported at 1200 Quintal, up by 200 Quintal from previous trading day. Guar All paid is offered weak at Rs. 3750 per quintal, lower by 0.66 per cent against previous trading day. Guar Loose at Nagaur market is quoted firm at Rs. per quintal, down by 100 per cent from previous dayn#39;s price level. Guar Loose at Alwar market is offered at Rs. 3700 per quintal, unchanged as compared to previous close. Estimated market supply was at 200 Quintal, steady as against previous dayn#39;s arrival. Guar Gum at Alwar market is trading at Rs. 8100 per quintal, unchanged from previous close. Guar All paid at Churu market is quoted at Rs. 3850 per quintal, unchanged as compared to previous close. Estimated market supply was at 500 Quintal, unchanged as compared to previous dayn#39;s arrival. Guar in Rajasthan Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Sri Ganganagar Guar Loose 3550 -25 Sri Ganganagar Guar All paid 3750 -25 Nagaur Guar Loose nnbsp; -3700 Alwar Guar Loose 3700 0 Alwar Guar Gum 8100 0 Churu Guar All paid 3850 0 nnbsp;
Soybean in Nagpur Physical Market Trading Steady
At Nagpur market , Soybean Plant is trading at Rs. 3350-3400 per quintal, steady as against previous close. Soybean Mandi is offered at Rs. 3000-3250 per quintal, unchanged against previous close. Estimated market supply was at 15000 Bags, down by 10000 Bags from previous dayn#39;s arrivals. Soybean in Nagpur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Nagpur Soybean Plant 3350-3400 0 Nagpur Soybean Mandi 3000-3250 0 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in Bags.
Soybean in Kota Physical Market Trading.
At Kota market , Soybean Plant is trading at Rs. 3350-3450 per quintal, steady as against previous close. Soybean Mandi is offered lower at Rs. 3250-3400 per quintal, lower by 0.73 per cent from previous price level. Estimated market supply was at 20000 Bags, lower by 5000 Bags from previous trading day. Soybean in Kota Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Kota Soybean Plant 3350-3450 0 Kota Soybean Mandi 3250-3400 -25 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in Bags.
Soymeal in Maharashtra Physical Market Trading.
At Dhulia market , Soy meal is trading strong at Rs. 32000 MT, up by 1.59 per cent as compared to previous day. Soy meal at Nagpur market is offered at Rs. 30400 MT, steady against previous close. Soy meal at Nanded market is quoted at Rs. 31200 MT, steady as against previous close. Soy meal at Latur market is offered high at Rs. 32500 MT, higher by 2.85 per cent from previous dayn#39;s price level. Soy meal at Sangli market is trading strong at Rs. 31300 MT, up by 3.64 per cent from previous trading day. Soy meal at Sholapur market is quoted at Rs. 30600 MT, steady as against previous close. nnbsp; Soymeal in Maharashtra Market (Prices in Rs. MT) Market Commodity/Variety Price Change Absolute Dhulia Soy meal 32000 +500 Nagpur Soy meal 30400 0 Nanded Soy meal 31200 0 Latur Soy meal 32500 +900 Sangli Soy meal 31300 +1100 Sholapur Soy meal 30600 0 At Akola market , Soy meal is trading at Rs. 30200 MT, steady as against previous close. Soy meal at Hingoli market is offered at Rs. 31500 MT, steady against previous close. Soy meal at Jalna market is quoted at Rs. 31200 MT, unchanged as compared to previous close. Soymeal in Maharashtra Market (Prices in Rs. MT) Market Commodity/Variety Price Change Absolute Akola Soy meal 30200 0 Hingoli Soy meal 31500 0 Jalna Soy meal 31200 0 nnbsp;
Castor Oil Export Increases By 6.23 %
Castor oil export has increased slightly week on week Basis. In the third week of Sep, castor oil export increased from 7576.42 to 8048.49 tonne, up by6.23 percent from last week. Average price was recorded at$1264.94.6 per tonne including premium grade price too. Oil price is expected to move up too in coming weeks.
Wednesday 23 September 2015
Tuesday 22 September 2015
NSE TIPS
| 1 | BUY SUN PHARMA @902 SL 885 TARGET 919/939/949 | 22/09/2015 | 09:53:37 |
| 2 | GLEN MARK 1ST TARGET ACHIEVED | 22/09/2015 | 09:50:14 |
Monday 21 September 2015
Mustard in Gujarat Physical Market Trading Strong
At Kandla market , Mustard Doc/Oilcake is trading strong at Rs. 19700 MT, higher by 0.51 per cent from previous dayn#39;s price level. Mustard in Gujarat Market (Prices in Rs. MT) Market Commodity/Variety Price Change Absolute Kandla Mustard Doc/Oilcake 19700 +100 nnbsp; Note: The above mentioned prices are in Rs. MT and arrivals are in .
Bareilly Mentha Oil Physical Market Strong
At Bareilly market , Mentha Oil is trading high at Rs. 955 per Kg, higher by 0.53 per cent from previous dayn#39;s price level. Traders reported arrivals at 3 Drums(1-drum-180kg), up by 2 Drums(1-drum-180kg) from previous trading day. Mentha Oil in Bareilly Market (Prices in Rs. per Kg) Market Commodity/Variety Price Change Absolute Bareilly Mentha Oil 955 +5 Note: The above mentioned prices are in Rs. per Kg and arrivals are in Drums(1-drum-180kg).
Cotton Textile Exporters Suggest FTAs To Boost Exports
As cotton exports has witnessed steep fall in exports, the cotton textile exporters want the government to expedite free trade agreement with major overseas buyers including European Union, Australia and Canada in order to widen the export opportunity channel. Although the Indian cotton and cotton textile has been proved price-competitive, but the preference has been given to countries like Bangladesh, Cambodia, Pakistan, South-Korea, Turkey and Vietnam.nnbsp;
nse tips
| 1 | buy irb@226 sl 221 target 232/238/244 | 21/09/2015 | 09:58:09 |
| 2 | buy tata motors@331 sl 325 target 337/343/350 2-3 days | 21/09/2015 | 09:53:13 |
Friday 18 September 2015
Thursday 17 September 2015
Wednesday 16 September 2015
Tuesday 15 September 2015
Monday 14 September 2015
Wednesday 9 September 2015
Tuesday 8 September 2015
Monday 7 September 2015
Friday 4 September 2015
Thursday 3 September 2015
Indore: Soybean Trading Higher in Physical Market
At Indore market , Soybean Plant is trading strong at Rs. 3375-3500 per quintal, up by 1.45 per cent as against previous day. Soybean Mandi is offered high at Rs. 3250-3360 per quintal, up by 0.3 per cent against previous trading day. Total arrivals are at 30000 Bags, lower by 10000 Bags as against previous day. Soybean in Indore Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Indore Soybean Plant 3375-3500 +50 Indore Soybean Mandi 3250-3360 +10 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in Bags.SOYABEEAN OUR ALL TARGETS ACHIEVD@3250
Weak Sentiment Witnessed in Rampur Mentha Oil Physical Market
At Rampur market , Mentha Oil is trading lower at Rs. 1065 per Kg, lower by 0.93 per cent from previous dayn#39;s price level. Traders reported arrivals at 7 Drums(1-drum=180kg), lower by 1 Drums(1-drum=180kg) as compared to previous day. Mentha Oil in Rampur Market (Prices in Rs. per Kg) Market Commodity/Variety Price Change Absolute Rampur Mentha Oil 1065 -10 Note: The above mentioned prices are in Rs. per Kg and arrivals are in Drums(1-drum=180kg).
Red Chilli in Warangal Physical Market Trading Firm
At Warangal market , Red Chilli Teja is trading high at Rs. 10500-11300 per quintal, up by 5.61 per cent as compared to previous day. Total arrivals are at 3000 bags, up by 1000 bags as against previous day. Red Chilli Wonder Hot is offered strong at Rs. 10600-11200 per quintal, higher by 0.9 per cent as against previous day. Red Chilli 341 at Warangal market is quoted strong at Rs. 9500-10800 per quintal, up by 2.86 per cent as compared to previous day. Red Chilli Denvor Delux at Warangal market is offered firm at Rs. 10000-10700 per quintal, higher by 1.9 per cent from previous trading day. Red Chilli Fatki at Warangal market is quoted strong at Rs. 6500-8200 per quintal, up by 2.5 per cent from previous trading day. Red Chilli in Warangal Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Warangal Red Chilli Teja 10500-11300 +600 Warangal Red Chilli Wonder Hot 10600-11200 +100 Warangal Red Chilli 341 9500-10800 +300 Warangal Red Chilli Denvor Delux 10000-10700 +200 Warangal Red Chilli Fatki 6500-8200 +200 nnbsp;
nse tips
Federal Bank's bottom line was impacted largely by two events i) One big corporate account slipped (Rs. 134Cr) and ii) Treasury provision Rs. 49Cr. The Bank reported PAT of Rs. 141Cr vs Rs. 220Cr same time last year. It reported a NII growth of 7.2% YoY which stood at Rs. 605Cr vs Rs. 564Cr in Q1 FY15 where as profit prior to provisioning was up 4.5% YoY at Rs. 367Cr. Provisions for the quarter were higher at Rs. 153Cr vs Rs. 40Cr QoQ and Rs. 22Cr YoY. The bank's SME and retail book will continue to drive the growth; further aided by corporate book. We believe Federal Bank is best placed to improve its return ratios with margin improvement, CASA traction and growth in core fee income as the levers going forward. At CMP, the stock is trading at 1.22x and 1.11x FY16E and FY17E P/Adj BVPS and 10.19x and 9.23x FY16E and FY17E P/E respectively. We upgrade the stock to BUY with a target price of Rs. 75 (1.4x FY17E ABV); an upside of 26% from current levels.
HCL Tech wins digital deal with Manchester United;Shares gain
By Shweta Shenoi
MUMBAI, SEP 3 (TickerNews Service): HCL Technologies Ltd, India's third biggest software maker, rose Thursday after it said it has won a contract with Manchester United, the third richest football club in the world.
Under this deal, HCL and Manchester United will work together to explore and unveil a number of digital initiatives to transform the experience of the club's 659 million global followers, the company said in a statement to the stock exchanges today.
"This partnership is unique and creates value not just for Manchester United and its fans, but also for all forward-looking organisations across the world," Anant Gupta, President & CEO, HCL Technologies said in the statement.
Within the lab, HCL and Manchester United will explore revolutionary ways in which the club uses technology to create a unified fan experience for supporters, and in the process set a new engagement benchmark in the world of sport.
At 10:55AM, shares of HCL Technologies rose 0.7% to Rs 956 on the Mumbai stock exchange.
Kanpur Pulses Opened Higher in Physical Market
At Kanpur market , Chana Desi started the day strong at Rs. 5225 per quintal, higher by 0.48 per cent from previous dayn#39;s price level. Chana Dal Local started at Rs. 5750 per quintal, unchanged against previous close. Masur Kanpur at Kanpur market started weak at Rs. 7225 per quintal, lower by 0.34 per cent as against previous day. Masur Bareily at Kanpur market began weak at Rs. 7400 per quintal, lower by 0.67 per cent against previous day. Malkadal Dal at Kanpur market began weak at Rs. 8425 per quintal, lower by 0.3 per cent as against previous day. Pulses in Kanpur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Kanpur Chana Desi 5225 +25 Kanpur Chana Dal Local 5750 0 Kanpur Masur Kanpur 7225 -25 Kanpur Masur Bareily 7400 -50 Kanpur Malkadal Dal 8425 -25 nnbsp;
Wednesday 2 September 2015
Bikaner: Guar in Physical Market Closed Weak
At Bikaner market , Guar Seed Loose ended lower at Rs. 4125 per quintal, down by 0.6 per cent from previous dayn#39;s price level. Arrivals were reported at 100 Quintal, lower by 100 Quintal from previous trading day. Guar Seed All Paid finished lower at Rs. 4300 per quintal, down by 0.58 per cent from previous price level. Guar Seed Loose at Khajuwala market ended lower at Rs. 4100 per quintal, down by 2.15 per cent from previous dayn#39;s price level. Estimated market supply was at 300 Quintal, down by 100 Quintal from previous trading day. Guar Seed All Paid at Khajuwala market closed weak at Rs. 4264 per quintal, lower by 2.16 per cent from previous trading day. Guar Seed Loose at Nokha market ended at Rs. 4100 per quintal, steady against previous close. Arrivals were reported at 200 Quintal, lower by 50 Quintal from previous dayn#39;s arrivals. Guar Seed All Paid at Nokha market closed at Rs. 4248 per quintal, steady as against previous close. Guar in Bikaner Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Bikaner Guar Seed Loose 4125 -25 Bikaner Guar Seed All Paid 4300 -25 Khajuwala Guar Seed Loose 4100 -90 Khajuwala Guar Seed All Paid 4264 -94 Nokha Guar Seed Loose 4100 0 Nokha Guar Seed All Paid 4248 0 nnbsp;
Turmeric Physical Market in Salem Ended with Steady Sentiment
At Salem market , Turmeric Bulb finished at Rs. 4160-5860 per quintal, unchanged as compared to previous close. Estimated market supply was at 1 quintals, unchanged as compared to previous dayn#39;s arrival. Turmeric Finger ended firm at Rs. 4680-6320 per quintal, up by 0.64 per cent against previous trading day. steady as against previous dayn#39;s arrival. Turmeric in Salem Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Salem Turmeric Bulb 4160-5860 0 Salem Turmeric Finger 4680-6320 +40 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in quintals.
Sugar Physical Market Trading with a Firm Note in Muzaffarnagar
At Muzaffarnagar market , Sugar M-31(Khatauli) is trading high at Rs. 2720 per quintal, higher by 0.55 per cent as against previous day. Sugar M-31((Deoband) is offered firm at Rs. 2665 per quintal, higher by 0.57 per cent from previous price level. Sugar Sehora at Muzaffarnagar market is trading high at Rs. 2650 per quintal, higher by 1.92 per cent from previous trading day. Sugar in Muzaffarnagar Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Muzaffarnagar Sugar M-31(Khatauli) 2720 +15 Muzaffarnagar Sugar M-31((Deoband) 2665 +15 Muzaffarnagar Sugar Sehora 2650 +50 Sugar SHYAMLI(M-31) is offered at Rs. 2660 per quintal, unchanged against previous close. Sugar TIKOLA(M-31) at Muzaffarnagar market is quoted high at Rs. 2615 per quintal, up by 1.75 per cent as compared to previous day. Sugar in Muzaffarnagar Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Muzaffarnagar Sugar SHYAMLI(M-31) 2660 0 Muzaffarnagar Sugar TIKOLA(M-31) 2615 +45 nnbsp;
Gujarat Physical Market: Mustard Trading Steady
At Kandla market , Mustard Doc/Oilcake is trading at Rs. 19500 MT, unchanged as compared to previous close. Mustard in Gujarat Market (Prices in Rs. MT) Market Commodity/Variety Price Change Absolute Kandla Mustard Doc/Oilcake 19500 0 nnbsp; Note: The above mentioned prices are in Rs. MT and arrivals are in .
Indore: Soymeal in Physical Market Trading Steady
At Indore market , Soymeal is trading at Rs. 30500 MT, unchanged as compared to previous close. Soymeal in Indore Market (Prices in Rs. MT) Market Commodity/Variety Price Change Absolute Indore Soymeal 30500 0 nnbsp; Note: The above mentioned prices are in Rs. MT and arrivals are in .
Soybean in Nagpur Physical Market Finished Higher
At Nagpur market , Soybean Plant closed firm at Rs. 3400-3450 per quintal, higher by 1.47 per cent from previous dayn#39;s price level. Soybean Mandi finished strong at Rs. 3300-3400 per quintal, higher by 1.49 per cent against previous trading day. Traders reported arrivals at 30000 Bags, up by 10000 Bags as compared to previous day. Soybean in Nagpur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Nagpur Soybean Plant 3400-3450 +50 Nagpur Soybean Mandi 3300-3400 +50 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in Bags.
Castor Seed in Rajasthan Physical Market Trading Weak
At Sumerpur market , Castor Seed Loose price is trading lower at Rs. 3875 per quintal, lower by 0.64 per cent as compared to previous day. Total arrivals are at 160 per quintal, unchanged as compared to previous dayn#39;s arrival. Castor Seed Loose price at Jodhpur market is offered strong at Rs. 4110-4120 per quintal, higher by 0.24 per cent from previous price level. Total arrivals are at 80 per quintal, lower by 20 per quintal as against previous day. Castor Seed in Rajasthan Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Sumerpur Castor Seed Loose price 3875 -25 Jodhpur Castor Seed Loose price 4110-4120 +10 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in per quintal.
Agra: Mustard Trading Unchanged in Physical Market
At Agra market , Mustard Condition is trading at Rs. 5000-5050 per quintal, unchanged as compared to previous close. Mustard Kacchi Ghani is offered at Rs. 9200-9250 per quintal, steady against previous close. unchanged as compared to previous dayn#39;s arrival. Mustard in Agra Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Agra Mustard Condition 5000-5050 0 Agra Mustard Kacchi Ghani 9200-9250 0 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in .
Jodhpur: Guar Trading Lower in Physical Market
At Jodhpur market , Guar seed Loose is trading weak at Rs. 4300 per quintal, down by 1.71 per cent from previous dayn#39;s price level. Guar seed All Paid is offered lower at Rs. 4500 per quintal, down by 1.64 per cent as against previous day. Guar Gum at Jodhpur market is quoted weak at Rs. 9500 per quintal, lower by 1.55 per cent as compared to previous day. Guar in Jodhpur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Jodhpur Guar seed Loose 4300 -75 Jodhpur Guar seed All Paid 4500 -75 Jodhpur Guar Gum 9500 -150 nnbsp;
Mentha Oil in Bareilly Physical Market Weak
At Bareilly market , Mentha Oil is trading lower at Rs. 990 per Kg, lower by 1 per cent as compared to previous day. Arrivals were reported at 1 Drums(1-drum-180kg), steady as against previous dayn#39;s arrival. nnbsp; Mentha Oil in Bareilly Market (Prices in Rs. per Kg) Market Commodity/Variety Price Change Absolute Bareilly Mentha Oil 990 -10 Note: The above mentioned prices are in Rs. per Kg and arrivals are in Drums(1-drum-180kg).
Indore: Soybean in Physical Market Trading Lower
At Indore market , Soybean Plant is trading lower at Rs. 3350-3450 per quintal, lower by 1.43 per cent as compared to previous day. Soybean Mandi is offered at Rs. 3250-3350 per quintal, steady against previous close. Arrivals were reported at 40000 Bags, up by 15000 Bags from previous dayn#39;s arrivals. Soybean in Indore Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Indore Soybean Plant 3350-3450 -50 Indore Soybean Mandi 3250-3350 0 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in Bags.
Mustard in Physical Market Trading Weak in Lawrence Road
At Lawrence Road market in New Delhi, Mustard Condition is trading lower at Rs. 4450-4470 per quintal, lower by 0.67 per cent as against previous day. Mustard in New Delhi Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Lawrence Road Mustard Condition 4450-4470 -30 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in Bags.
Turmeric in Duggirala Physical Market Trading Steady
At Duggirala market , Turmeric Bulb is trading at Rs. 6825-7511 per quintal, unchanged as compared to previous close. Arrivals were reported at 1 quintals, down by 398 quintals from previous trading day. Turmeric Finger is offered at Rs. 5600-7525 per quintal, unchanged against previous close. steady as against previous dayn#39;s arrival. Turmeric in Duggirala Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Duggirala Turmeric Bulb 6825-7511 0 Duggirala Turmeric Finger 5600-7525 0 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in quintals.
Mentha Oil Physical Market in Chandausi Weak Sentiment
At Chandausi market , Mentha Oil is trading lower at Rs. 1025 per Kg, lower by 0.49 per cent from previous trading day. Mentha DMO is offered lower at Rs. 925 per Kg, lower by 1.07 per cent from previous price level. Mentha Flakes at Chandausi market is quoted firm at Rs. 1130 per Kg, higher by 0.89 per cent as compared to previous day. Mentha Crystal at Chandausi market is offered firm at Rs. 1170 per Kg, higher by 0.43 per cent as compared to previous day. Mentha Oil in Chandausi Market (Prices in Rs. per Kg) Market Commodity/Variety Price Change Absolute Chandausi Mentha Oil 1025 -5 Chandausi Mentha DMO 925 -10 Chandausi Mentha Flakes 1130 +10 Chandausi Mentha Crystal 1170 +5 nnbsp;
Steady Sentiment Witnessed in Khargone Red Chilli Physical Market
At Bedia market in Khargone, Red Chilli No. 12 started at Rs. 11700 per quintal, steady as against previous close. Red Chilli Indu 2070 started at Rs. 12000 per quintal, unchanged against previous close. Red Chilli MICO (Teja) at Bedia market started at Rs. 12200 per quintal, steady as against previous close. Red Chilli in Khargone Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Bedia Red Chilli No. 12 11700 0 Bedia Red Chilli Indu 2070 12000 0 Bedia Red Chilli MICO (Teja) 12200 0 nnbsp;
Rajkot: Jeera(Cumin Seed) Started the Day Strong in Physical Market
At Rajkot market in Rajkot(Guj.), Jeera(Cumin Seed) Loose started the day strong at Rs. 13025-14905 per quintal, higher by 1.39 per cent as compared to previous day. Estimated market supply was at 120 quintal, lower by 105 quintal from previous trading day. Jeera(Cumin Seed) in Rajkot(Guj.) Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Rajkot Jeera(Cumin Seed) Loose 13025-14905 +205 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in quintal.
Tuesday 1 September 2015
Monday 31 August 2015
Amtek Auto extends 67% fall this month Mon on default woes
MUMBAI, AUG 31 : Amtek Auto Ltd., the New Delhi based auto component maker, extended its 68% fall this month amid concerns the company will be unable to repay bond holders
Amtek Auto earlier this month clarified it was facing temporary cash flow mismatch owing to drop in its sales and profit margins of the company.
Though the founders of the company have infused Rs 750 million to tide over the cash flow problem with a promise to infuse more funds when required some investors including the JP Morgan Asset Management company have written off their investment in debt of Amtek Auto after rating agencies suspended their rating citing lack of cooperation from the founders of the company.
Two of JP Morgan Mutual Fund's debt schemes, Short Term Income Fund's and India Treasury Fund had to take a hit on their portfolios which had Amtek Auto's debt papers. The schemes had to partially write-down the value of their investments in these schemes.
As a result of this partial write-off, Short Term Income Fund's net asset value (NAV) showed a drop of 3.4% while its India Treasury Fund's NAV showed a drop of 1.7%.
AMFI, the industry trade body and Value Research, a fund industry analytics company, showed that JP Morgan MF had a combined exposure of Rs 2 billion in Amtek Auto's debt papers.
Amtek Auto debt earlier this year was rated AA- by Care Ratings. However, earlier this month Care suspended its coverage of the company saying the company was not sharing information crucial for its continuing ratings opinion.
Bond holders of Castex Technologies Ltd, the overseas unit of Amtek Auto's, are planning to sue the company alleging manipulation of the stock price, Mint newspaper reported earlier this month.
At 11:55AM, Amtek Auto slipped 2.3% to Rs 51.95 on the Mumbai stock exchange extending its 67% drop earlier this month. The 30-share Sensex index rose 0.03% to 26,400.22. The index has fallen 6.12% this month.
Guntur: Red Chilli Trading Steady in Physical Market
At Guntur market , Red Chilli NCDEX Quality is trading at Rs. 9300-9500 per quintal, unchanged as compared to previous close. Total arrivals are at 35000 Bags, up by 5000 Bags as against previous day. Red Chilli 334 is offered at Rs. 9500-9900 per quintal, steady against previous close. Red Chilli Teja at Guntur market is quoted at Rs. 10200-10800 per quintal, unchanged as compared to previous close. Red Chilli No.273 at Guntur market is offered at Rs. 9700-10200 per quintal, steady as against previous close. Red Chilli No.5 at Guntur market is trading at Rs. 9700-10200 per quintal, unchanged from previous close. Red Chilli Fatki at Guntur market is quoted high at Rs. 7200-8200 per quintal, up by 2.5 per cent as compared to previous day. Red Chilli in Guntur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Guntur Red Chilli NCDEX Quality 9300-9500 0 Guntur Red Chilli 334 9500-9900 0 Guntur Red Chilli Teja 10200-10800 0 Guntur Red Chilli No.273 9700-10200 0 Guntur Red Chilli No.5 9700-10200 0 Guntur Red Chilli Fatki 7200-8200 +200 At Guntur market , Red Chilli Byadgi is trading at Rs. 9000-9500 per quintal, unchanged as compared to previous close. Red Chilli US 341 is offered at Rs. 9800-10300 per quintal, steady against previous close. Red Chilli Denvor Delux at Guntur market is quoted at Rs. 9500-9800 per quintal, unchanged as compared to previous close. Red Chilli in Guntur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Guntur Red Chilli Byadgi 9000-9500 0 Guntur Red Chilli US 341 9800-10300 0 Guntur Red Chilli Denvor Delux 9500-9800 0 nnbsp;
Turmeric in Physical Market Trading Weak in Duggirala
At Duggirala market , Turmeric Bulb is trading lower at Rs. 4700-7200 per quintal, lower by 1.38 per cent from previous dayn#39;s price level. Total arrivals are at 306 quintals, up by 126 quintals as compared to previous day. Turmeric Finger is offered weak at Rs. 4700-7200 per quintal, down by 1.38 per cent from previous price level. unchanged as compared to previous dayn#39;s arrival. Turmeric in Duggirala Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Duggirala Turmeric Bulb 4700-7200 -101 Duggirala Turmeric Finger 4700-7200 -101 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in quintals.
Mentha Oil in Bareilly Physical Market Firm
At Bareilly market , Mentha Oil is trading strong at Rs. 995 per Kg, up by 0.51 per cent as against previous day. Estimated market supply was at 1 Drums(1-drum-180kg), unchanged as compared to previous dayn#39;s arrival. Mentha Oil in Bareilly Market (Prices in Rs. per Kg) Market Commodity/Variety Price Change Absolute Bareilly Mentha Oil 995 +5 Note: The above mentioned prices are in Rs. per Kg and arrivals are in Drums(1-drum-180kg).
Thursday 27 August 2015
Castor Futures May Test 3950 In The Short Term
nmiddot;Cash market traded under pressure due to fear of lower oil demand in the weeks ahead. Chinese demand may dip from current level. Besides, bears remain active in futures that have weakened inner tone. Futures may test 3950 level in the short term. However, improvement in seed market may be seen by the end of the month as coverage area has dropped considerably so far.
Rajkot: Jeera(Cumin Seed) Started the Day Firm in Physical Market
At Rajkot market in Rajkot(Guj.), Jeera(Cumin Seed) Loose began strong at Rs. 12000-14850 per quintal, higher by 0.61 per cent as against previous day. Traders reported arrivals at 110 quintal, lower by 270 quintal from previous trading day. Jeera(Cumin Seed) in Rajkot(Guj.) Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Rajkot Jeera(Cumin Seed) Loose 12000-14850 +90 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in quintal.
Red Chilli in Physical Market Opened Unchanged in Khargone
At Bedia market in Khargone, Red Chilli No. 12 started the day at Rs. 11700 per quintal, unchanged as compared to previous close. Red Chilli Indu 2070 started at Rs. 11700 per quintal, steady against previous close. Red Chilli MICO (Teja) at Bedia market started at Rs. 11700 per quintal, steady as against previous close. Red Chilli in Khargone Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Bedia Red Chilli No. 12 11700 0 Bedia Red Chilli Indu 2070 11700 0 Bedia Red Chilli MICO (Teja) 11700 0 nnbsp;
Mentha Oil in Physical Market Unchanged in Barabanki
At Barabanki market , Mentha Oil is trading at Rs. 1015 per Kg, unchanged as compared to previous close. Traders reported arrivals at 275 Drums(1-drum-180kg), unchanged as compared to previous dayn#39;s arrival. nnbsp; Mentha Oil in Barabanki Market (Prices in Rs. per Kg) Market Commodity/Variety Price Change Absolute Barabanki Mentha Oil 1015 0 nnbsp; Note: The above mentioned prices are in Rs. per Kg and arrivals are in Drums(1-drum-180kg).
Maize(Corn) Physical Market in Andhra Pradesh Trading with Strong Sentiment
At Nizamabad market in Andhra Pradesh, Maize(Corn) Loose is trading high at Rs. 1500 per quintal, up by 1.35 per cent from previous trading day. Estimated market supply was at 300 Qtl, unchanged as compared to previous dayn#39;s arrival. Maize(Corn) Bilty is offered high at Rs. 1550 per quintal, up by 1.31 per cent as against previous day. unchanged as compared to previous dayn#39;s arrival. Maize(Corn) in Andhra Pradesh Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Nizamabad Maize(Corn) Loose 1500 +20 Nizamabad Maize(Corn) Bilty 1550 +20 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in Qtl.
Gujarat: Wheat in Physical Market Trading
At Rajkot market in Gujarat, Wheat Loose is trading strong at Rs. 1435 per quintal, up by 0.7 per cent from previous trading day. Total arrivals are at 1100 quintal, lower by 300 quintal as against previous day. Wheat Mill Delivery is offered high at Rs. 1540 per quintal, up by 0.98 per cent as compared to previous day. Wheat Lokwan at Rajkot market is quoted lower at Rs. 1500-1800 per quintal, lower by 2.7 per cent from previous day. Wheat Farmi Tukdi at Rajkot market is offered at Rs. 1500-2000 per quintal, steady as against previous close. Wheat Mill Delivery at Ahmedabad market is trading firm at Rs. 1600 per quintal, higher by 0.31 per cent from previous dayn#39;s price level. Wheat Mill Delivery at Surat market is quoted at Rs. 1640 per quintal, steady as against previous close. Wheat in Gujarat Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Rajkot Wheat Loose 1435 +10 Rajkot Wheat Mill Delivery 1540 +15 Rajkot Wheat Lokwan 1500-1800 -50 Rajkot Wheat Farmi Tukdi 1500-2000 0 Ahmedabad Wheat Mill Delivery 1600 +5 Surat Wheat Mill Delivery 1640 0 nnbsp;
Cardamom in Kerala Physical Market Trading Firm
At Idukki market , Cardamom Loose(Max. Price) is trading high at Rs. 915 per kg, higher by 1.89 per cent as against previous day. Traders reported arrivals at 77546 kgs, up by 20981 kgs from previous dayn#39;s arrivals. Cardamom Loose(Avg. Price) is offered weak at Rs. 647 per kg, lower by 0.31 per cent as compared to previous day. unchanged as compared to previous dayn#39;s arrival. Cardamom in Kerala Market (Prices in Rs. per kg) Market Commodity/Variety Price Change Absolute Idukki Cardamom Loose(Max. Price) 915 +17 Idukki Cardamom Loose(Avg. Price) 647 -2 nnbsp; Note: The above mentioned prices are in Rs. per kg and arrivals are in kgs.
Wednesday 26 August 2015
Bareilly Mentha Oil Strong in Physical Market
At Bareilly market , Mentha Oil is trading strong at Rs. 995 per Kg, up by 0.51 per cent from previous dayn#39;s price level. Arrivals were reported at 1 Drums(1-drum-180kg), unchanged as compared to previous dayn#39;s arrival. Mentha Oil in Bareilly Market (Prices in Rs. per Kg) Market Commodity/Variety Price Change Absolute Bareilly Mentha Oil 995 +5 Note: The above mentioned prices are in Rs. per Kg and arrivals are in Drums(1-drum-180kg).
1 buy menthoil@964 sl 945 target 985/1000/1020 26/08/2015 14:07:21
Soybean in Indore Physical Market Trading Strong
At Indore market , Soybean Plant is trading high at Rs. 3325-3375 per quintal, up by 0.75 per cent from previous trading day. Soybean Mandi is offered high at Rs. 3240-3315 per quintal, up by 0.45 per cent as against previous day. Arrivals were reported at 50000 Bags, higher by 5000 Bags as against previous day. Soybean in Indore Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Indore Soybean Plant 3325-3375 +25 Indore Soybean Mandi 3240-3315 +15 Note: The above mentioned prices are in Rs. per quintal and arrivals are in Bags.
1 buy soya beean above@3150 sl 3100 target 3200/3250 26/08/2015 14:05:28
Jodhpur: Guar in Physical Market Trading Firm
At Jodhpur market , Guar seed Loose is trading high at Rs. 4100 per quintal, higher by 1.86 per cent from previous dayn#39;s price level. Guar seed All Paid is offered strong at Rs. 4300 per quintal, up by 1.78 per cent as compared to previous day. Guar Gum at Jodhpur market is quoted strong at Rs. 8900 per quintal, higher by 2.3 per cent as compared to previous day. Guar in Jodhpur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Jodhpur Guar seed Loose 4100 +75 Jodhpur Guar seed All Paid 4300 +75 Jodhpur Guar Gum 8900 +200 nnbsp;
USD/INR opens at Rs 66.22/$1 on FII outflows fear amid weak Asian stocks
MUMBAI, AUG 26 (TickerNews Service):
---------------------------------------------------------------------------
SPOT 1-YR FWD 1-YR FWD 1-MONTH FUTURES
PREMIUM ABSOLUTE
(Rs)
Last 66.3000-66.3100 ---------- --------- 66.3550-66.3575
Open 66.2200-66.2300 ---------- --------- 66.3000-66.3025
High 66.3600-66.3700 ---------- --------- 66.4250-66.4275
Low 66.1750-66.1850 ---------- --------- 66.2150-66.2175
(Rs)
Prev 66.6400-66.6500 6.73-6.78 4.15-4.17 66.0975-66.1000
----------------------------------------------------------------------------
9:15AM//USD/INR opens at Rs 66.22/$1 on FII outflows fear, weak Asian stocks
Dollar/rupee opens up Wednesday on fears of likely overseas outflows from the local shares tracking the weakness in Asian markets as investors doubt over efficacy of China rate cuts on its economy, dealers said.
"We can expect volatility as investors are stick in panic over China's immediate future," a dealer with a state-run bank said. "Dollar has recovered on safe-haven appeal on heightened uncertainty."
On Tuesday, China's central bank cut its key lending rate by 0.25 bps to 4.6% in an effort to calm stock markets after past days' turmoil. This is the fifth rate cut by PBoC; however investors remained sceptical about the move and awaits more robust reforms.
China's benchmark index, Shanghai Composite Index traded near 2% down in the morning Asian trades.
However the Shanghai and other avian markets were seen recovering pointing towards recovery in Indian markets later in the day.
Adding to this month-end dollar demand from oil importers too supported the rise in the currency pair.
Brent crude oil prices for September delivery traded at $44.43 a barrel as concern still persists about the possible recovery in the world's largest consumer of oils.
"Low oil price is prompting oil companies to shore up their reserves causing an increase in dollar demand," dealers added.
Dollar/rupee opened at Rs 66.22/$1 compared with previous close of Rs 66.10/$1.
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8:55AM//USD/INR seen up as China rate cut seen not enough, weak Asian stocks
Dollar/rupee may open up Wednesday as investors fear that the rate cut in China is not enough to support the ailing Chinese economy amid sell-off in the Asian stock indices, dealers said.
"Rate cuts by China may not be enough to support the economy. Asian stocks are all down and this would mean Indian stock too may open down causing rupee to open weak today," a dealer with a state-run bank said.
On Tuesday, China's central bank cut its key lending rate by 0.25 bps to 4.6% in an effort to calm stock markets after past days' turmoil.
It is the fifth interest rate cut by the People's Bank of China since November last year.
However investors continue to remain sceptical about the recovery in Chinese economy causing China's benchmark index, Shanghai Composite Index to trade near 2% down in the morning Asian trades.
US stock futures were down 0.2% in Asian trade, suggesting further weakness on Wall Street on opening.
Japan's Nikkei lost 70 points to fall to 17,733.05
The Hang Seng, meanwhile, lost 0.6% or 128 points to fall to 21,276.81.
However another dealer with a private sector said, "This weakness could be temporary and the sentiments would ease as investors take a hold of China's policies."
------------------------------------------------------------------------------
8:45AM//USD/INR NDF down; Dollar index up as China rate cut not seen enough
Dollar/rupee in the inter-bank offshore market traded slightly down, while dollar index rose on fear that the rate cut in China may not be enough to stabilise the Chinese economy, dealers said.
The dollar index, which tracks the strength of the greenback against six major currencies, traded at 93.98 Wednesday during early Asian trades compared with 93.49 at close in New York time.
Dollar/rupee in the non-deliverable forwards market maturing in one month, traded at Rs 66.71/$1 compared to previous close of Rs 67.51/$1 and onshore spot previous close of Rs 66.10/$1.
The People's Bank of China Tuesday cut interest rates and bank reserve requirement ratio in a move to boost investor confidence amid daily slump in the Chinese stock market.
The one year lending rate was cut by 25 basis points to 4.6% effective Wednesday, while the one year deposit rate was cut by another 25 basis points to 1.75%.
The PBOC also lowered the reserve requirement for rural banks, which governs how much banks can lend to the economy, by 50 bps effective from Sep 6.
The rate cut is the fifth by the Chinese central bank since November 2014, while the reserve-requirement cut for all banks is the third this year.
Asian markets once again opened down on an apparent lack of faith in Chinese measures to curb market volatility after the Yuan devaluation.
The Shanghai Composite Index sank 3.8% to 2,852.21 in early trades.
Japan's Nikkei lost 70 points to fall to 17,733.05
The Hang Seng, meanwhile, lost 0.6% or 128 points to fall to 21,276.81.
Wheat From France Landed First Time At Tuticorin Port At An Ave CIF Of $215.51 Per Tonne
India has exported 2876.47 tonne wheat in the third week of Augusttill 23th August. at an ave CiF price of $270.93 per tonne. During the same period wheat import was registered at56300 tonne at an Ave CIF of $234.48 per tonne. Wheat has been imported from Australia and France at Tuticorin and Kochin . First time Wheat from France landed atnnbsp; Tuticirin port at an Ave CIF at $215.51
Tuesday 25 August 2015
Coriander Seed in Madhya Pradesh Physical Market Finished Strong
At Guna market , Coriander Seed Badami closed strong at Rs. 8800 per quintal, up by 2.33 per cent as against previous day. Estimated market supply was at 1000 quintals, higher by 500 quintals as compared to previous day. Coriander Seed Eagle closed firm at Rs. 9700 per quintal, higher by 3.19 per cent as against previous day. Coriander Seed Badami at Neemuch market closed strong at Rs. 8800-9000 per quintal, higher by 2.27 per cent from previous trading day. Traders reported arrivals at 1300 quintals, up by 400 quintals as against previous day. Coriander Seed Eagle at Neemuch market closed at Rs. 9000-9500 per quintal, unchanged from previous close. Coriander Seed Scotter at Neemuch market closed firm at Rs. 10500-11000 per quintal, higher by 1.85 per cent from previous dayn#39;s price level. Coriander Seed in Madhya Pradesh Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Guna Coriander Seed Badami 8800 +200 Guna Coriander Seed Eagle 9700 +300 Neemuch Coriander Seed Badami 8800-9000 +200 Neemuch Coriander Seed Eagle 9000-9500 0 Neemuch Coriander Seed Scotter 10500-11000 +200 nnbsp
Jeera(Cumin Seed) Physical Market in Jodhpur(Raj.) Finished with Weak Sentiment
At Jodhpur(Raj.) market in Jodhpur, Jeera(Cumin Seed) Loose finished lower at Rs. 14500 per quintal, lower by 3.33 per cent as against previous day. Total arrivals are at 500 quintals, down by 1500 quintals as against previous day. Jeera(Cumin Seed) in Jodhpur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Jodhpur(Raj.) Jeera(Cumin Seed) Loose 14500 -500 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in quintals.
Nagaur(Raj.): Jeera(Cumin Seed) in Physical Market Ended Weak
At Nagaur(Raj.) market in Nagaur, Jeera(Cumin Seed) Loose finished weak at Rs. 13000-15600 per quintal, lower by 0.64 per cent from previous dayn#39;s price level. Estimated market supply was at 400 quintals, higher by 50 quintals as compared to previous day. Jeera(Cumin Seed) in Nagaur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Nagaur(Raj.) Jeera(Cumin Seed) Loose 13000-15600 -100 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in quintals.
Castor Seed Trading Strong in Rajasthan Physical Market
At Sumerpur market , Castor Seed Loose price is trading firm at Rs. 3800 per quintal, higher by 1.33 per cent from previous trading day. Arrivals were reported at 160 per quintal, unchanged as compared to previous dayn#39;s arrival. Castor Seed Loose price at Jodhpur market is offered strong at Rs. 3800 per quintal, up by 1.33 per cent as against previous day. Estimated market supply was at 160 per quintal, unchanged as compared to previous dayn#39;s arrival. Castor Seed in Rajasthan Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Sumerpur Castor Seed Loose price 3800 +50 Jodhpur Castor Seed Loose price 3800 +50 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in per quintal.
Castor Seed Physical Market Trading
At Rajkot market ,nnbsp;Castor Seed Loose price at Harij market is offered at Rs. 3875-3900 per quintal, unchanged as compared to previous close. Arrivals were reported at 600 per quintal, lower by 75 per quintal as compared to previous day. nnbsp; Castor Seed in Gujarat Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Harij Castor Seed Loose price 3875-3900 0 nnbsp;
Madhya Pradesh Pulses Closed Higher in Physical Market
At Pipariya market in Madhya Pradesh, Chana Desi ended strong at Rs. 4200-4700 per quintal, higher by 2.17 per cent as compared to previous day. Total arrivals are at 2000 quintals, up by 500 quintals as compared to previous day. Masoor Desi closed firm at Rs. 6500-7000 per quintal, up by 4.48 per cent as compared to previous day. Total arrivals are at 60 quintals, higher by 20 quintals from previous dayn#39;s arrivals. Tur Desi at Pipariya market finished strong at Rs. 7000-9600 per quintal, up by 1.05 per cent from previous dayn#39;s price level. Estimated market supply was at 500 quintals, higher by 100 quintals as against previous day. Moong Desi at Pipariya market ended weak at Rs. 5500-6100 per quintal, lower by 3.17 per cent from previous trading day. Estimated market supply was at 2500 quintals, steady as against previous dayn#39;s arrival. Chana Dal at Pipariya market closed at Rs. 5900-6100 per quintal, unchanged from previous close. Tur Dal at Pipariya market ended at Rs. 12500-13500 per quintal, unchanged as compared to previous close. Pulses in Madhya Pradesh Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Pipariya Chana Desi 4200-4700 +100 Pipariya Masoor Desi 6500-7000 +300 Pipariya Tur Desi 7000-9600 +100 Pipariya Moong Desi 5500-6100 -200 Pipariya Chana Dal 5900-6100 0 Pipariya Tur Dal 12500-13500 0 nnbsp;
Haryana Physical Market: Guar Trading
At Dhabwali market , Guar Seed Loose price is trading firm at Rs. 3830 per quintal, up by 1.32 per cent from previous trading day. Estimated market supply was at 125 Bags, unchanged as compared to previous dayn#39;s arrival. Guar Seed All Paid is offered lower at Rs. 3930 per quintal, lower by 0.51 per cent from previous price level. Guar Gum at Dhabwali market is quoted firm at Rs. 8850 per quintal, up by 2.91 per cent as against previous day. Guar Seed Loose price at Siwani market is offered firm at Rs. 4050 per quintal, up by 1.25 per cent from previous trading day. Estimated market supply was at 400 Bags, up by 100 Bags from previous trading day. Guar Seed Loose price at Ellanabad market is trading at Rs. 3900 per quintal, unchanged from previous close. Total arrivals are at 100 Bags, down by 50 Bags as compared to previous day. Guar Gum at Ellanabad market is quoted strong at Rs. 8900 per quintal, higher by 1.71 per cent from previous trading day. Guar in Haryana Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Dhabwali Guar Seed Loose price 3830 +50 Dhabwali Guar Seed All Paid 3930 -20 Dhabwali Guar Gum 8850 +250 Siwani Guar Seed Loose price 4050 +50 Ellanabad Guar Seed Loose price 3900 0 Ellanabad Guar Gum 8900 +150 nnbsp;
Guar in Bikaner Physical Market Trading Firm
At Bikaner market , Guar Seed Loose is trading firm at Rs. 3900 per quintal, higher by 1.3 per cent from previous dayn#39;s price level. Arrivals were reported at 300 Quintal, higher by 200 Quintal from previous trading day. Guar Seed All Paid is offered firm at Rs. 4040 per quintal, higher by 1 per cent as compared to previous day. Guar Seed Loose at Khajuwala market is quoted strong at Rs. 3850-3920 per quintal, higher by 1.82 per cent from previous dayn#39;s price level. Trade sources reported arrivals at 400 Quintal, up by 100 Quintal as compared to previous day. Guar Seed All Paid at Khajuwala market is offered high at Rs. 4077 per quintal, higher by 1.82 per cent from previous dayn#39;s price level. Guar Seed Loose at Nokha market is trading firm at Rs. 3880 per quintal, up by 2.11 per cent as against previous day. Traders reported arrivals at 200 Quintal, down by 150 Quintal from previous trading day. Guar Seed All Paid at Nokha market is quoted high at Rs. 4020 per quintal, up by 2.11 per cent from previous dayn#39;s price level. nnbsp; Guar in Bikaner Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Bikaner Guar Seed Loose 3900 +50 Bikaner Guar Seed All Paid 4040 +40 Khajuwala Guar Seed Loose 3850-3920 +70 Khajuwala Guar Seed All Paid 4077 +73 Nokha Guar Seed Loose 3880 +80 Nokha Guar Seed All Paid 4020 +83 nnbsp;
Nagpur: Soybean Ended Lower in Physical Market
At Nagpur market , Soybean Plant ended lower at Rs. 3250-3300 per quintal, lower by 1.49 per cent as compared to previous day. Soybean Mandi closed at Rs. 3125-3200 per quintal, steady against previous close. Estimated market supply was at 35000 Bags, higher by 15000 Bags as against previous day. Soybean in Nagpur Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Nagpur Soybean Plant 3250-3300 -50 Nagpur Soybean Mandi 3125-3200 0 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in Bags.
Rubber in Physical Market Finished Weak in Kerala
At Kottayam market in Kerala, Rubber RSS-4(In Rs.) closed weak at Rs. 11200 Quintals, down by 0.88 per cent as compared to previous day. Rubber RSS-4(IN USD) closed lower at Rs. 167.89 Quintals, down by 1.18 per cent as compared to previous day. Rubber RSS-4(In Rs.) at Cochin market ended lower at Rs. 11200 Quintals, down by 0.88 per cent as compared to previous day. Rubber RSS-4(IN USD) at Cochin market ended weak at Rs. 167.89 Quintals, down by 1.18 per cent from previous dayn#39;s price level. Rubber in Kerala Market (Prices in Rs. Quintals) Market Commodity/Variety Price Change Absolute Kottayam Rubber RSS-4(In Rs.) 11200 -100 Kottayam Rubber RSS-4(IN USD) 167.89 -2.01 Cochin Rubber RSS-4(In Rs.) 11200 -100 Cochin Rubber RSS-4(IN USD) 167.89 -2.01 nnbsp;
Ernakulum: Black Pepper Closed Firm in Physical Market
At Kochi market in Ernakulum, Black Pepper Ungarbled finished firm at Rs. 63700 per quintal, up by 0.31 per cent as against previous day. Total arrivals are at 7 tonnes, lower by 130 tonnes as compared to previous day. Black Pepper Garbled ended high at Rs. 66700 per quintal, up by 0.3 per cent as compared to previous day. unchanged as compared to previous dayn#39;s arrival. Black Pepper in Ernakulum Market (Prices in Rs. per quintal) Market Commodity/Variety Price Change Absolute Kochi Black Pepper Ungarbled 63700 +200 Kochi Black Pepper Garbled 66700 +200 nnbsp; Note: The above mentioned prices are in Rs. per quintal and arrivals are in tonnes.
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Gammon India Ltd., a Mumbai-based civil engineering construction company, slipped Monday after fiscal first quarter widened on lower sa...
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