Asian markets were trading weak on Monday. China’s Shanghai Composite shed 1.31 percent or 27.30 points at 2,055.83. Hong Kong’s Hang Seng slipped 0.95 percent or 216.27 points at 22,601.01.
Japan’s Nikkei tumbled 2.17 percent or 353.36 points at 15,937.95.
Singapore’s Straits Times was flat...
The Sensex is down 59.04 points at 20792.29, and the Nifty is down 21.65 points at 6189.50. About 447 shares have advanced, 267 shares declined, and 491 shares are unchanged.
Chana
Chana futures opened higher on account of short coverings as well as rumors that duty on imports of pulses may be imposed. Also, there are worries over acreage on the back of excessive soil moisture as well as diversification towards wheat in MP. However, prices could not sustain at...
Gold futures bounced back in the Asia electronic session today after tumbling to as low as $ 1305.2 an ounce yesterday its lowest level since 17th October 2013. The metal was weighed down by strong gains in the US dollar against the Euro yesterday after the European Commission lowered its...
JPY/INR
The Japanese Yen appreciated by around 0.3 percent yesterday taking cues from mixed global market sentiments, leading to rise in demand for the low yielding currency.
GBP/INR
The Sterling Pound traded on a flat note yesterday on the back of strength in the DX. Also, mixed global...
Gold
Gold prices declined around 1.4 percent yesterday on the back of strength in the DX. Further, declining trend in SPDR Gold Holdings acted as a negative factor. Holdings in the world’s largest gold ETF have slipped to 872.02 tonnes.
Silver
Spot silver prices declined around 3.5 percent...
Gold
Spot gold prices gained marginally by 0.1 percent due to the global market sentiments upbeat after U.S. lawmakers was able to resolve their debt ceiling and avoid default on the government. However, the sharp rise in prices was crowned as a result of decreased SPDR gold holdings by 0.4...
S & P CNX Nifty CMP 5928.40
Short-term trend chart looks at charts while negative support expected around 5810 and 5750, would sell best trading strategy for traders to rise .
Intraday trading Levels Buy Above: 5945 Resistance 5955 | 5971 | 5997 Sell Below: 5912 Support 5902 | 5886 | 5860
HGS...
INTRADAY BUY DEN AT 222.30 TGT 228 SL 220
INTRADAY BUY DEN AT 22.30 TGT 228 SL 220
BUY EXIDEIND BETWEEN 134.50-134.70 SL-133.20 TGT-139
SELL COALINDIA BETWEEN 314.85-315 SL-317.50 TGT-309
Sell Silver Mini MCX June at 45100, T1 44750 SL 45320, cmp-45100
Buy Lead MCX May at or below 106.40, T1 107.50 SL 105.80, cmp-106.45,
Buy Jeera JUNE at 13000-13030 S/L: 12915 T1: 13180
Book Profit in GBPINR at 84.01 or Trail SL above cost as per our Buy call initiated at 83.92
The Sensex, which recovered to 19,744.85 after falling to 19,552.55 earlier in the day, is currently down 106.80 points or 0.54% at 19,628.97. The Nifty is down 37 points or 0.6% at 5962.35, off the day's low of 5930.15.
Tata Motors, BPCL, GAIL India, State Bank of India, ICICI Bank, Bajaj...
BUY NCC Ltd. Long Term
Target 40 Last Traded at 32.55
BUY Tata Steel Ltd. Long Term
Target 350 Last Traded at 311.00
BUY YES Bank Ltd. Long Term
Target 600 Stop Loss 486 Last Traded at 500.00
SELL Lupin Ltd. Long Term
Target 695 Stop Loss 710 Last Traded at 706.90
BUY Havells...
BUY Tulip Telecom Ltd. Med Term
Target 27 Stop Loss 19 Last Traded at 22.60
BUY Housing Development -and- Infrastructure Ltd. Med Term
Target 65 Stop Loss 50 Last Traded at 54.85
BUY Ajmera Realty -and- Infra India Ltd. Med Term
Target 138.65 Stop Loss 89.65 Last Traded at 103.80...
BUY Hindustan Unilever Ltd. Short Term
Target 625 Stop Loss 480 Last Traded at 571.80
BUY Jaiprakash Associates Ltd. Short Term
Target 95 Stop Loss 72 Last Traded at 76.55
BUY Tata Steel Ltd. Short Term
Target 325 Stop Loss 300 Last Traded at 311.30
BUY Reliance Capital Ltd. Short...
BUY UCO Bank Intraday
Target 73 Stop Loss 71.5 Last Traded at 71.90
BUY Atlas Cycles (Haryana) Ltd. Intraday
Target 315 Stop Loss 288 Last Traded at 289.50
SELL JSW Steel Ltd. Intraday
Target 700 Stop Loss 720 Last Traded at 717.00
BUY MRF Ltd. Intraday
Target 14500 Stop Loss...
BUY Kingfisher Airlines Ltd.
Target 7.50 Stop Loss 6.95 Last Traded at 6.97
SELL Biocon Ltd.
Target 275 Stop Loss 287 Last Traded at 284.75
SELL Dishman Pharmaceuticals -and- Chemicals Ltd.
Target 68 Stop Loss 71 Last Traded at 70.10
SELL Jammu -and- Kashmir Bank Ltd.
Target...
The stock market, meanwhile, remains in negative territory with shares from rate sensitive banking, realty and automobile sectors reeling under pressure. A section of the market was expecting a cut of 50 basis points and 25 basis points in the repo rate and CRR, respectively.
Shares from capital...
At 19,591.15, nearly 40 points off the day's low of 19,552.55, the Sensex is down 144.62 points or 0.73% at present. The Nifty index of the National Stock Exchange, which tumbled to 5930.15, is now down 48.40 points or 0.8% at 5950.95.
Banking sector heavyweights State Bank of India (down 2.7%)...