Tuesday, September 1, 2015

Commodity Face Today: 2nd Sept 2015

Commodity Market Face: Today 2nd Sept 2015

The China's official manufacturing Purchasing Managers Index (PMI) fell to 49.7 in August from 50.0 in July; The US Institute for Supply Management (ISM) index of national factory activity fell to 51.1 from 52.7.

We have ADP employment change, non farm productivity and factory orders, which are likely to have mixed impact on the market.Overall, gold is expected to be volatile in range.

In crude oil front, some economies are seeking OPEC’s help in discussing their production levels. Market is also having an eye on the upcoming STEO release, which is scheduled on 8th Sept.

Metals pressurized from their Friday’s high and closed on a marginally negative side. One of the key factors for the downside trend in the metals was the weak manufacturing data from China. Downside equity market movement might be supporting for commodity segment in first half trading session.

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Wednesday, June 3, 2015

Hot Stocks to Buy Sell Today: 4th June 2015

Airtel has raised $1 billion, or around Rs 6,400 crore, by selling bonds to global investors. Those bonds have been priced at 210 basis points over and above the 10-year US Treasury bond yields, which would offer a final rate of 4.37 per cent. Last year the company obtained a spread or gap of 270 bps when they had sold 10-year bonds offering 5.35 per cent.   

Bayer CropScience announced a buyback proposal to purchase 12.65 lakh shares at a price of Rs. 4,000 a share aggregating to Rs. 506 crore. 

Maruti Suzuki has introduced its Celerio hatchback with a diesel engine hoping that the car’s fuel economy will draw new buyers. The Celerio has a two-cylinder 793-cubic centimeter diesel engine. Maruti claims the car can  travel up to 27.62 kilometers (17.16 miles) to a liter of diesel, which it says is the highest mileage for any car sold in India. The company has invested more than 9 billion rupees ($141.3 million) to develop the new engine, sourcing 97% of its parts from local suppliers. 

Tata Teleservices’ woes continued with the company reporting a Rs 3,846-crore loss in 2014-15. Tata Teleservices’ revenues increased marginally to Rs 10,944 crore from Rs 10,452 crore in 2013-14, when the Tata group pumped in Rs 2,500 crore through compulsorily convertible preference shares. In 2013-14, the company made a record loss of Rs 6,166 crore, with its net worth completely eroded. 
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Tuesday, May 26, 2015

Top Stocks To Invest Today: 27th May

Tata Motors reported 56.2% YOY fall in net profit at Rs.1,716 crore for the Mar'15 quarter mainly on account higher depreciation in JLR operations and forex loss of Rs.2,352 crore caused by cross currency headwinds .Total revenue grew by 3.4% YOY at Rs. 67,546 crore during the Mar'15 quarter.  

PTC India Financial Services (PFS) has reported a 65.91 per cent decline in net profit at Rs. 15.80 crore in January-March this year against Rs. 46.36 crore a year ago. Total revenue for the fourth quarter of 2014-15 grew 45 per cent to Rs. 217.25 crore from Rs. 149.44 crore in the same period last year. 

Punj Lloyd has secured a 41-km long, Rs. 541.84-crore road project in Bihar from NHAI. The scope of work for the project includes four-laning from 360.91 km to 402 km of Gorakhpur-Gopalganj section of NH28 in Bihar.  The highway aims at cutting down the travel time between Gorakhpur and Gopalganj and Gorakhpur and Patna by reducing the congestion and fixing geometric deficiencies at various intersections. The project is scheduled to be completed in 24 months. The group’s order backlog stands at Rs. 21,694 crore. 
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Tuesday, May 19, 2015

Bull Trend Stoped Today, Sensex Closed 42 points down

भारतीय शेयर बाजार में जारी तेजी पर ब्रेक लग गया है। सेंसेक्स और निफ्टी मामूली गिरावट के साथ बंद हुए है। आज सुबह बाजार की शुरुआत हल्की गिरावट के साथ हुई थी, लेकिन बैंकिंग और मिडकैप शेयरों में खरीददारी से निफ्टी ने 8400 के महत्वपूर्ण स्तरो को भी पार किया है। आखिरी में सेंसेक्स 41 अंक की गिरावट के साथ 27645 के स्तर पर बंद हुआ है। वहीं, निफ्टी 8 अंक के दबाव के साथ यानी 0.10 फीसदी गिरकर 8365 के स्तर पर क्लोज हुआ है।

दिग्गज शेयरों के टूटने के साथ मिडकैप शेयरों पर भी बिकवाली का दबाव बढ़ गया। बाजार में तेजी के समय मिडकैप शेयरों में भी अच्छी खरीदारी देखने को मिली थी। हालांकि, अंत में सीएनएक्स मिडकैप इंडेक्स सपाट होकर कल के ही क्लोजिंग वाले स्तरों पर बंद हुआ लेकिन स्मॉलकैप शेयरों में आज खरीदारी का रुझान रहा। बीएसई का स्मॉलकैप इंडेक्स करीब 0.5 फीसदी बढ़कर 11200 के करीब आकर बंद हुआ है।
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Tuesday, May 12, 2015

NCDEX Tips For Jeera and Chana Today: 12th May 2015

NCDEX Jeera Tips:
Jeera June prices traded sideways and finally closed the day at 17865. Prices are currently consolidating with in the flag pattern and either side breakouts would be required to suggests a fresh directional moves. Hence, a break above 18400 could see bullish rallies towards 18800 levels. Likewise, on the lower side, break off below the support of 17550 could see a direct fall. Meanwhile, the daily RSI (14) is treading with negative strength for the day. Hence, we recommend to wait and watch approach until it discover the way out. 

NCDEX Chana Tips:
Chana June prices witnessed liquidating pressure from the high of 4700 and closed at 4648. Inability to overcome the obstacle of 4700 could profit booking towards 4618/4570 levels. Moreover, daily RSI (14) is in overbought situation, expecting a mild profit booking in the immediate run. Conversely, direct rise above 4700 could see sharp rallies towards 4750/4780 levels. Anyway, we recommend to continue cautious approach while taking fresh buy positions.

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