Hni Stock Tips Advisor

Get 100% Accurate Profitable trading tips with 2 Days Free Trial in all segment of indian Equity Commodity . Our Expert Research gives sureshot profitable trading calls.

Best Research Company

Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and commodity market.

Jackpot News in Share Market

Free Commodity Trading Tips Get Free Commodity Trading Tips On Mobile 100% Accurate Free Online Commodity Trading Tips

MCX Commodity News UpDate

Get Free Best Commodity Trading Tips With 2 Days Free Trial Like Gold, Silver, Aluminium, Zinc, Copper, Nickel, Crude, Natural Gas in all segment of commodity market.

This is default featured slide 5 title

Go to Blogger edit html and find these sentences.Now replace these sentences with your own descriptions.This theme is Bloggerized by Lasantha Bandara - Premiumbloggertemplates.com.

Thursday 31 December 2015

MCX Bullion News Updates


Gold prices-Gold was steady on Thursday, ending the year down 10 percent for its third straight annual decline, ahead of another potentially challenging year in 2016 amid the prospect of higher U.S. interest rates and a robust dollar. Largely influenced by U.S. monetary policy and dollar flows, the price of gold fell 10 percent in 2015 as some investors sold the precious metal to buy assets that pay a yield, such as equities. 

MCX Copper Tips-SHFE copper started Thursday trading session at RMB 36,650/mt and once grew to RMB 36,720/mt. The decision is considered as an effort to counter the falling metal prices. Incidentally, copper prices have plummeted to near-6 year lows during the second half of 2015. It must be noted that the smelters had earlier agreed to cut production in 2016 by at least 350,000 tons. It was also agreed upon to deepen the planned production cuts in the event of further deterioration in prices and profitability.

Crude oil prices-Oil prices rose on Thursday but fell as much as 35 percent for the year after a race to pump by Middle East crude producers and U.S. shale oil drillers created an unprecedented global glut that may take through 2016 to clear. Global oil benchmark Brent and U.S. crude's West Texas Intermediate (WTI) futures rose between 1 and 2 percent on the day on short-covering and buying support in a thinly traded market ahead of the New Year holiday. 


Commodity market moves of dull, gold climbed 0.25%


International market in equity and commodity markets not only in business, but in the domestic market in gold and silver at MCX 0.25% moderately fast.There, see pressure on crude. Currently RS. 2475 barrel down on MCX is tripped.Today global markets are closed. Although domestic commodity markets remain open between 5 to 10 pm.

MCX crude at 0.09% and 0.25 percent but gold
MCX crude slid 0.09 percent at 2475 Rs with traded below.0.64 per cent, natural gas with an edge is around Rs. 156. Gold traded at 0.26 percent surge in.And it is around RS 24995. There are silver with 0.20 per cent advantage coming around RS 33365 look.

Base metals in fast 
Base metals in aluminium 0.30 per cent to RS 100 with the edge of the top.While copper slid 0.10 per cent to RS 315 with doing business around. On the edge of 0.34 per cent in lead.While nickel 0.86 per cent with the advantage of doing business around Rs. 587. While zinc 0.90 per cent above RS. 107 with the strength of business.

Agri commodity traded in mixed
Agri NCDEX in February of commodity cotton pomace futures rose 1.64 per cent of doing business around 2105.While refined oil February futures 0.04 per cent of light is visible below Rs 615 with osteoporosis.

Over 45% and 10% of crude in rolled gold 
During the entire year in 45 percent of crude 35 heavy decline. Brent crude below $ 37 $ 67 level.Natural gas 50 cent and gold-silver 10-12 per cent decline. For the third consecutive decline year sleep.In 2015 the air base metals nickel. Nickel, where 40 percent is broken. While copper declined 25 per cent.Aluminum and lead also to fall. In fact, the dollar has strengthened nearly 9 per cent.Although agri commodity sugar and pulses in rapid during the year to see if it has come a surge of 50-70 percent.Cotton, mustard and soybeans also managed to make gains. But spices and guar declined.

INDIAN BENCHMARKS NEWS UPDATES


INDIAN BENCHMARKS - Indian equity benchmarks opened tad lower on New Year’s Day with most traders staying on the sidelines amidst New Year festivities, and amid a mixed trend across markets in Asia as a fifth straight contraction in China’s manufacturing activity raised fears of a hard landing in the world’s second biggest economy, dimming the lure for risky assets. 

Volumes may remain thin at Dalal Street as traders shy away from their trading desks amidst the occasion of New Year. Traders will be hopeful that the year 2016 will turn out to be good for Asia’s third biggest economy which last year surpassed China to become the world’s fastest growing major economy. The government has pegged economic growth at 7-7.5% for the ongoing fiscal, with hopes pinned on progress of key reforms and improvement in business environment.

The top losers of the BSE Sensex pack were Sun Pharmaceutical Industries 1.21%, ONGC 0.79%, Bharti Airtel 0.56%, M&M 0.52%, Infosys 0.41%, among others. On the Sectoral front, Healthcare and Teck fell by 0.31% and 0.22%, respectively. The Market breadth, indicating the overall health of the market, was strong. On BSE out of total shares traded 393, shares advanced were 277 while 94 shares declined and 22 were unchanged.

Asian markets were trading mixed on New Year’s Day, tracking overnight losses at Wall Street, while a fifth straight contraction in China’s manufacturing activity dampened optimism over a recovery in Asia’s biggest economy. China’s Shanghai Composite succumbed to significant losses after data showed that the official China factory gauge stood at 49.7 in December, below the mark of 50 that separates expansion from contraction, compared to 49.6 in November. Hang Seng scored mild gains while Japan’s Nikkei 225 was shut for a holiday.

Trend in FII flows:   The FIIs were net  sellers of  Rs 1123.41 Cr in the cash segment on Thursday  while the DIIs were net buyers of  Rs 257.67 Cr, as per the provisional figures released by the NSE.


INDIAN BENCHMARKS MARKET WRAP-UP UPDATES



INDIAN BENCHMARKS: SENSEX RALLIES 157 POINTS TO END 2015 CLOSED ABOVE 26,000, NIFTY AT 7646

Dalal Street ended calendar 2015 on a cheerful note, as the benchmark indices rallied in late trade. Investors initiated fresh long positions buoyed by expectations of a brighter 2016. 
The S&P BSE Sensex ended the day higher by 157 points, or 0.61 per cent, at 26,117.54. The 50-stock barometer Nifty Trading Tips 50 closed at 7,946, up 50 points, or 0.63 per cent. HDFC and GAIL were the top gainers on the BSE benchmark.
The BSE benchmark ended the year with a loss of 4.65 per cent while NSE index Nifty50 shed 3.66 per cent 

HEADLINES OF THE DAY
  • Godrej Consumer Products, Torrent Phrama, Concor and Jet Airways are included in F&O segment with effect from January, 1st 2016
  • Petronet enters into binding SPA with RasGas
  • Kaveri Seed rises on bulk deal
The crucial resistance for Nifty FUTURE is now seen at 7984 and above this 8037 Support for the immediate term is now placed at 7870 and next support will be 7805.

Read more : MCX Crude oil tips , MCX natural gas TipsMCX Commodity TipsCrude oilTrading TipsMCX Free Tips

Performance Of The Day


CS PERFORMANCE MESSAGE:
STOCK FUTURES:
FUTURES INTRADAY:
HDFC FUTURE BUY CALL 3 TGT
EICHERMOTOR  FUTURE BUY CALL 3  TGT
                                                                                                                                     
NIFTY FUTURES:
NIFTY BUY CALL 1 TG

OPTION:
SUNTV 440 CALL BUY CALL  3 TGT
HDFC 1260  CALL BUY CALL  2 TGT

STOCK CASH INTRADAY:
JET AIRWAYS   BUY CALL 3 TGT
VOLTAMP BUY CALL  3 TGT
INDOTECH BUY CALL 3 TGT
SUNTV  BUY CALL 2 TGT
INDIGO BUY CALL 1 TGT
GAIL INDIA BUY CALL 1 TG
JETAIRWAY 2ND

STOCK CASH  PREMIUM:
PETRONET BUY CALL 2 TGT




Corporate News Update

CAPITALSTARS

 DAILY CORPORATE NEWS


4 stocks enter F&O segment with effect from January, 1st
Godrej Consumer Products, Torrent Phrama, Concor and Jet Airways are included in F&O segment with effect from January, 1st 2016 – positive for respective stocks.

Petronet enters into binding SPA with RasGas
Petronet LNG announced that it has entered into a binding sale and purchase agreement ( SPA) with RasGas of Qatar for supply of an additional 1 million tonne a year (MTA) of LNG to India starting in 2016 for onward sale to Indian Oil Corporation, BPCL, GAIL (India) and Gujarat State Petroleum Corporation.

Kaveri Seed rises on bulk deal
Kaveri Seed Company surged over 9%, touching to Rs349, after Ashoka Pte bought 3.97 lakh shares of the company at Rs 337.71 per share in a bulk deal on the NSE yesterday, December 30, 2015.

Bombay HC approves demerger Crompton’s Consumer business
Bombay High Court has approved the demerger of Consumer business from consolidated business of Crompton Greaves. – Positive for Crompton Greaves.

Hero MotoCorp working on three performance motorcycles
Hero MotoCorp is working on three new motorcycle models which are expected to be launched in CY2016.
The three two motorcycles are in the 150-160cc range while one motorcycle is in the 200-250cc range and would replace the company’s flagship model ie  Karizma.

Crude prices fell 50 percent throughout the year, a decline of 10 percent in gold-silver.


Last business day of the year crude prices decline. Naymaiks and Brent crude has come down to $ 37.
There are gold-silver prices recorded a slight bullish today.$ 0.19 per cent on comics by gold per ounce 1061 fast approaching.While throughout the years recorded a decline of 10 per cent in gold. Gold declines for third consecutive full years.While crude prices throughout the entire year recorded a decline of 50 per cent.

The decline in all metals except nickel
The weakness in base metals except nickel is recorded.MCX nickel at 0.4 per cent with the level of RS 583.2.0.3 per cent while aluminium's weakness came on 102 with rupees. Copper is also 0.25% weakness is recorded.

The slight edge in the domestic market
Although the domestic market with modest 0.1 per cent crude edge on the level of RS 2445.While natural gas recorded in fast. Natural gas 3.5 per cent of the strength of 152.7 with level has risen.While gold is being seen in edge. With slight 0.1 per cent gold edge 25200 rupees level. Silver also 0.3 per cent strength with 33500 rupees.


Wednesday 30 December 2015

MCX Bullion News Updates

Gold prices-Gold was little changed on the last trading session of the year, but looked set to post its third straight annual loss, undermined by a robust dollar and prospects of higher U.S. interest rates. Next year too gold will be lower as U.S. interest rates will keep going higher, said a bullion trader in Hong Kong, adding that this will put pressure on other precious metals as well. Gold could drop to $1,000 or below but could recover slightly in the second half of the year, he said.

MCX Copper Tips-LME copper will narrowly range between USD 4,720-4,765/mt during Asian trading hours Thursday. Today is the last trading day of this year, which will see thin trading. Market attention will focus on US jobless claims last week and Chicago manufacturing PMI for December. Recently released US weekly jobless claims have been positive. Should last week’s jobless claims remain upbeat, market reaction will be mild. It is expected that Chicago manufacturing PMI will improve in December.


Crude oil prices-The immediate outlook for oil prices remains bleak, with some analysts like Goldman Sachs saying prices as low as $20 per barrel might be necessary to push enough production out of business and allow a rebalancing of the market. U.S. bank Morgan Stanley said in its outlook for next year that "headwinds growing for 2016 oil" citing ongoing increases in available global supplies despite some cuts particularly by U.S. shale drillers as well as a slowdown in demand as the main reasons.

INDIAN BENCHMARKS NEWS UPDATES


INDIAN BENCHMARKS are likely to open on a cautious note ahead of December expiry and also the global cues look mixed with SGX Nifty Trading Tips trading 4 points lower. Indian shares ended lower on Wednesday after being range-bound for most of the session, weighed down by weak European markets and caution ahead of derivatives contracts expiry on Thursday. The S&P BSE Sensex and CNX Nifty fell 0.46%-0.41% each. On Wednesday, December 30, 2015, the 30-share Sensex ended at 25960.03, down by 119.45 points or by 0.46 per cent, and then NSE Nifty settled at 7896.25, down by 32.7 points or by 0.41 per cent.

Trend in FII flows:   The FIIs were net  sellers of  Rs 152.20 Cr in the cash segment on Wednesday while the DIIs were net buyers of  Rs -74.41 Cr, as per the provisional figures released by the NSE.


Performance Of The Day


CS PERFORMANCE MESSAGE
STOCK FUTURES
FUTURES INTRADAY
BEL FUTURE BUY CALL 3 TGT
WIPRO FUTURE BUY CALL 1  TGT
HDFC  FUTURE BUY CALL HOLD FOR TOMORROW
                                                                                                                                   
OPTION:
ZELL 420  CALL 3 TGT
INDUSIND BANK 960  CALL 2 TGT

STOCK CASH INTRADAY:
ZEEL  BUY CALL 3 TGT
RIIL  BUY CALL 1 TGT
GODFRYPHLP  BUY CALL 1 TG
IBULHSGFIN BUY CALL ON HOLD

STOCK CASH  PREMIUM:
DRREDDY BUY CALL HOLD FOR TOMORROW

Read at more about - MCX Crude oil tips , MCX natural gas TipsMCX Commodity TipsCrude oilTrading TipsMCX Free Tips

INDIAN BENCHMARKS MARKET WRAP-UP UPDATES


INDIAN BENCHMARKS: SENSEX ENDS 119 POINTS LOWER,NIFTY-50 BELOW 7900
A day ahead of the December series F&O expiry, domestic equity benchmarks remained range bound on Wednesday, even as yearend holiday mood slowed down activity on Dalal Street. Weak cues from European as well as other Asian markets also weighed heavy on the day's proceedings. 

The S&P BSE Sensex remained range bound through the day before closing at 25960.03, down 119 points or 0.46 per cent. Nifty Trading Tips 50, the 50-stock barometer, ended 33 points, or 0.41 per cent, lower at 7,896.25 
The BSE benchmark was led lower by Infosys, TCS, ICICI Bank and Reliance Industries, which saw brisk selling. Infosys and TCS were the top losers in the Sensex pack.

HEADLINES OF THE DAY
  • Dr. Reddy's announces relaunch of Esomeprazole Magnesium Capsules
  • IDBI Bank gets Rs2, 229 cr capital infusion from Govt.
  • Bosch suspends manufacturing operations at Bangalore
The crucial resistance for Nifty SPOT is now seen at 7966 and above this 8003.Support for the immediate term is now placed at 7863 and next support will be 7835.

Read more : MCX Crude oil tips , MCX natural gas TipsMCX Commodity TipsCrude oilTrading TipsMCX Free Tips

Corporate News Update

CAPITALSTARS

 DAILY CORPORATE NEWS


Dr. Reddy's announces relaunch of Esomeprazole Magnesium Capsules
Dr. Reddy's Laboratories Ltd has announced the relaunch of Esomeprazole Magnesium Delayed-Release Capsules, the generic version of Nexium in the US market. The re-launch is due to change in the capsule color.

Torrent Pharma gets USFDA nod for pain killer Celecoxib
Torrent Pharma gets USFDA nod for pain killer Celecoxib – Positive
The stock opened at Rs1478.90 marking days low at Rs1466.10 and hit an intraday high of Rs1478.90 on NSE so far.

Bosch suspends manufacturing operations at Bangalore
Bosch announced that with a view to adjust production to meet the demand for products and to avoid unnecessary buildup of inventory, the company is suspending all manufacturing operations at its Bangalore plant and Bidadi plant for two days on 30 and 31 December 2015. There is no financial impact on account of the proposed suspension of operations.

IDBI Bank gets Rs2, 229 cr capital infusion from Govt
IDBI Bank gets Rs2, 229 cr capital infusion from the Govt at Rs75.28 per share
The government has infused Rs2, 229 crore into IDBI bank by way of preferential allotment of shares at a price of Rs75.28 per share.

Tata Power subsidiary refinances term loan of Rs3, 864 crore
The Tata Power Company’s subsidiary Coastal Gujarat Power has refinanced its term loan of Rs3, 864 crore, which will reduce the interest burden by Rs77 crore a year for the company.

Tuesday 29 December 2015

INDIAN BENCHMARKS NEWS UPDATES


INDIAN BENCHMARKS - The key domestic benchmark indices were trading near the flat line during the morning trading session on Wednesday amid mixed global cues. The traders remained cautious with World Bank chief economist Kaushik Basu stating that the Indian economy is expected to grow at 7 to 7.5% in 2016. However, the gains on the bourses may be curbed as the markets are set to witness volatility as traders roll over their positions ahead of the expiry of the December futures and options ( F&O) contracts on Thursday. Further, foreign portfolio investors may stay on the sidelines amidst the end of the year, weighing on volumes at Dalal Street. At 10:15 am, the Bombay Stock Exchange bellwether Sensex was at 26085.47 up by 5.99 points or by 0.02%, while the NSE Nifty Trading Tips was at 7933.15 points, trading higher by 4.2 points or by 0.055. 

The BSE Sensex touched an intraday high of 26130.2 and an intraday low of 26064.72 while the NSE Nifty touched an intraday high of 7944.75 and an intraday low of 7924.35. The top gainers of the BSE Sensex pack were Tata Steel 1.90%, 1.04%, Dr. Reddy's Laboratories 0.895, NTPC 0.62%, Housing Development Finance Corporation 0.57%, among others. Meanwhile, ICICI Bank 0.87%, Reliance Industries 0.53%, Lupin 0.38%, Hero MotoCorp 0.36%, Asian Paints 0.33%, were among the top losers on BSE.The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total 2197 shares traded, 1284 shares advanced, 741 shares declined while 172 were unchanged.

Globally, the Asian peers were trading mixed today as traders eyed the New Year while an overnight rally at Wall Street lifted financial and technology shares. Meanwhile, US stocks climbed sharply higher yesterday as a rebound in oil prices helped bolster bullish sentiment.

Trend in FII flows:   The FIIs were net  sellers of  Rs 8.49 Cr in the cash segment on Tuesday while the DIIs were net buyers of  Rs 6.44 Cr, as per the provisional figures released by the NSE.

MCX Bullion News Updates


Gold prices-Gold was little changed on Wednesday as thin liquidity and a firmer dollar capped price moves, although the metal remained on track to close the year lower for a third time in a row. The precious metal has lost nearly 10 percent of its value this year, largely on fears that higher U.S. interest rates would hurt demand for non-interest-paying bullion. Gold is positively co-related to oil as the metal is often seen as a hedge against oil-led inflation, while a stronger greenback makes dollar-denominated gold more expensive for holders of other currencies.

MCX Copper Tips-LME copper should narrowly range USD 4,700-4,750/mt during Asian trading hours Wednesday and SHFE 1602 copper will fluctuate between RMB 36,200-36,700/mt today.  Market will eye US crude oil stocks and US pending home sales for November, as well as Italy November CPI, on Wednesday. API’s report showed that US crude oil stocks rose last week, with stocks in Cushing up another 923,000 barrels. This sent WTI and Brent oil prices down.  NAHB’s US Housing Market Index was slightly below forecast in November. But US home builder confidence stayed above 50 for five consecutive months in November. US new home sales and building permits for November both beat expectations.  

Crude oil prices-Crude oil futures fell around half a dollar early on Wednesday as the market remained under pressure from slowing demand and high supplies, while forecasts that a cold snap in Europe and the United States would be short-lived also hurt prices. Traders said the price falls were largely a result of a weak outlook for next year and the closing of 2015 trade books. Forecasts that an upcoming cold weather in Europe will only be short-lived could also hurt crude prices.

INDIAN BENCHMARKS MARKET WRAP-UP UPDATES


INDIAN BENCHMARKS: SENSEX NIFTY ENDS FLAT, SREI INFRA UP 13%
The domestic equity market remained range bound all through Tuesday amid thin trade, as investors booked profit after three successive sessions of gains.

Lack of activity by foreign institutional investors and hesitation among investors ahead of the expiry of December series futures and options contracts weighed on the market.
The S&P BSE Sensex fluctuated between gains and loss before ending the day higher by 45 points, or 0.17 per cent, at 26,079. The 50-stock barometer, Nifty Trading Tips 50, ended the day at 7,929, up 4 points, or 0.05 per cent. 

HEADLINES OF THE DAY
  • SREI jumps 19%, BNP Paribas to pick up 5% stake in com
  • HDFC Bank cuts base rate by 0.05%, effective January 4
  • Citigroup raises stake in L&T Finance to 7.56%
The crucial resistance for Nifty SPOT is now seen at 7966 and above this 8003 Support for the immediate term is now placed at 7835 and next support will be 7775.

Performance Of The Day


CS PERFORMANCE MESSAGE:
STOCK FUTURES:
FUTURES INTRADAY
BEL FUTURE BUY CALL 2 TGT
IGL FUTURE BUY CALL 2  TGT
RELIANCE FUTURE BUY CALL 1 TGT
DHFL FUTURE BUY CALL EXIT AT 235.20
                                                                                                                              
NIFTY FUTURES:
OPTION:
RELIANCE 1000 CALL 1 TGT
RELIANCE INFRA 500 CALL 1 TGT

STOCK CASH INTRADAY:
RIIL  BUY CALL 3 TGT
TIDEWATER BUY CALL 3 TGT
LICHSGFIN BUY CALL 3 TG
BEREPAINT BUY CALL 2 TG
CARERATING BUY CALL 2 TGT
BAJAJ AUTO CALL BUY EXIT AT 2525
IRB BUY CALL BOOKED AT 248.55

STOCK CASH  PREMIUM:
NILKAMAL BUY CALL 1 TGT
RIIL BUY CALL 3 TGT


Corporate News Update

CAPITALSTARS

 DAILY CORPORATE NEWS


HDFC Bank cuts base rate by 0.05%, effective January 4
HDFC Bank today slashed it base rate by 5 basis points to bring it down to 9.30 percent from the 9.35 percent earlier effective January 4, 2016. The bank has earlier cut rates in August by 0.35 percent. 

SREI jumps 19%, BNP Paribas to pick up 5% stake in com
Shares of Srei Infrastructure Finance (SREI) rallied nearly 19 percent intraday Tuesday to hit a 52-week high of Rs 61.40 as BNP Paribas Lease Group (BPLG) will acquire 5 percent stake in the company.

Citigroup raises stake in L&T Finance to 7.56%
Citigroup raises stake in L&T Finance to 7.56% from 5.74% for about Rs208 crore
L&T Finance opened at Rs65.95 marking days low at Rs65.75 and hit an intraday high of Rs66.40 on NSE so far.

Lupin receives approval for FyavolvTM Tablets
Pharma Major, Lupin has said that it has received final approval for its FyavolvTM Tablets (Norethindrone Acetate and Ethinyl Estradiol Tablets USP, 0.5 mg/0.0025 mg and 1 mg/0.005 mg) from the United States Food and Drug Administration (USFDA) to market a generic version of Warner Chilcott's Femhrt® Tablets (Norethindrone Acetate and Ethinyl Estradiol Tablets USP, 0.5 mg/0.0025 mg and 1 mg/0.005 mg).

RBI sets rupee reference rate at 66.3700 against dollar
The Reserve Bank of India today fixed the reference rate of the rupee at 66.3700 against the US dollar and 72.8477 for the euro.
These rates were 66.1380 and 72.5534, respectively, yesterday.

Monday 28 December 2015

Crude lower levels once again 11 years, gold is idling


Brent crude price lower levels again 11 years.WTI and Brent crude traded below $ 37.Crude last recorded a decline of 3 per cent. 

Why the decline in crude came
Over supply worries and low consumption in Japan due to the sharp decline in crude.Organization of the world's leading oil producer countries, OPEC daily production record of nearly 3.2 million barrels. 40 per cent of total world production.40 years later, America is now going to export crude. Restrictions delisting next year Iran will also supply in the market.

Idling in gold
Comics on gold is around $ 1070. Gold 6 consecutive quarterly decline.Yesterday the pressure on prices in dollars. Foreign market silver price has come down to $ 14.This year's $ 8.5 per cent during the consolidation, where there has been a decline of nearly 10 per cent in gold.

Agri commodity decline 
Agri NCDEX commodity 0.75 per cent decline in sid on castors with 3780 rupees traded below.Moreover coriander 4 per cent below arrived at 8110 rupees. Gram also declined.While MCX aluminium slid 0.6 per cent at RS 100 has come down with,While lead is 0.25 per cent in weakness and its updated RS 114.7.


Read more : MCX Crude oil tips , MCX natural gas TipsMCX Commodity TipsCrude oil TradingTipsMCX Free Tips

MCX Bullion News Updates


Gold prices-Gold struggled to recover from overnight losses on Tuesday as a relentless slide in oil prices dented demand for the metal, often seen as an inflation-hedge. In the absence of strong trading cues and liquidity, gold is likely to remain range-bound for the remainder of the week, tracking oil and currency markets. Over the short-term, the precious metal will likely trend sideways, as funds look to close out the year and contemplate heading into next year with a fresh slate," said INTL FCStone analyst Edward Meir.


MCX Copper Tips-LME copper is expected to narrowly range USD 4,610-4,660/mt during Asian trading hours Tuesday. LME resumes trade today and the SHFE/LME copper price ratio should go up with depreciation in Chinese yuan. Consumer confidence indexes released by other two institutes were positive in December. As such, the Conference Board’s December consumer confidence index should be positive as well. The IBD’s consumer confidence index rose sharply from November in December, and the University of Michigan’s consumer confidence index also beat forecast and preliminary reading in December.    

Crude oil prices-Crude oil futures came under renewed pressure early on Tuesday as fears of slowing demand added to near-record global production levels, which have already slashed prices by two-thirds since the middle of last year. While output from exporters like Russia, the Organization of the Petroleum Exporting Countries (OPEC) and U.S. shale drillers has been at or near record highs, demand has so far held up strong, preventing oil prices from falling even lower. 


Read more : MCX Crude oil tips , MCX natural gas TipsMCX Commodity TipsCrude oilTrading TipsMCX Free Tips

INDIAN BENCHMARKS NEWS UPDATES


INDIAN BENCHMARKS are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 29 points higher. Indian equity benchmarks are set to witness a firm opening on Tuesday tracking a positive trend across Asia as the likelihood of fresh stimulus by China eased concerns over a hard landing in the world’s second biggest economy, bolstering the appetite for risky assets. Gains in the CNX Nifty Trading Tips Index futures for December delivery, which climbed 0.29 per cent or 23 points at 7,921 at 10:09 am Singapore time, signal that the Sensex may open higher today.

Global Markets:
  • Asian stocks were trading higher on Tuesday even as Wall Street finished on a bearish note overnight as the oil rout resumed.
  • China’s Shanghai Composite bounced back after posting the biggest loss in three weeks on Monday, amidst optimism that the government’s continued cash injection to prop up the country’s stock market may help combat a lingering economic slowdown. Hang Seng and Japan’s Nikkei 225 scored mild gains.
  • US stocks ended lower in thin trade on Monday dragged down by energy shares, with the Dow Jones Industrial Average falling 0.14 per cent, the Nasdaq Composite dropping 0.15 per cent while S&P 500 declining 0.22 per cent.
Major Headlines of the day:
  • Aurobindo gets tentative USFDA nod for Esomeprazole Magnesium 
  • Lupin gets USFDA final approval for Femhrt tablets 
  • NBCC wins order worth Rs328 crore from NTPC JV
Trend in FII flows:   The FIIs were net  sellers of  Rs -302.62 Cr in the cash segment on Monday while the DIIs were net buyers of  Rs 987.82 Cr, as per the provisional figures released by the NSE.

Performance Of The Day


CS PERFORMANCE MESSAGE:
STOCK FUTURES:
FUTURES INTRADAY:
DIVIS LAB FUTURE BUY CALL 2 TGT
INFY FUTURE BUY CALL 1 TGT
                                                                                         
NIFTY FUTURES:
NIFTY FUTURES SELL CALL 1 TGT

OPTION:
ARVIND 330 CALL FINAL TGT
AURO PHARMA 840 CALL 1 TGT

OPTION PREMIUM:
INFY 1080 CALL  BUY1 TGT HOLDED ON THURSDAY

STOCK CASH INTRADAY:
V MART BUY CALL 3 TGT
TATAMTRDVR BUY CALL
ARVIND BUY CALL ON HOLD
V MART 2ND CALL BUY 2 TGT
JSWSTEEL SELL CALL EXIT AT 1026

STOCK CASH  PREMIUM
BERGER PAINTS BUY CALL 1 TGT

Read at more about - Nifty Trading Tips,MCX Crude oil tips , MCX natural gas TipsMCX Commodity TipsCrude oilTrading TipsMCX Free Tips

INDIAN BENCHMARKS MARKET WRAP-UP UPDATES


INDIAN BENCHMARKS: SENSEX ENDS 195 POINTS HIGHER RECLAIMS 26, 000, NIFTY 50 ABOVE 7900
The domestic equity market shrugged off weak global cues on Monday to notch up gains for the fourth time in seven sessions after the US Federal Reserve had hiked rates on December 16. 
The S&P BSE Sensex closed the day higher by 195 points, or 0.76 per cent, at 26,034 while 50-stock barometer Nifty Trading Tips50 ended at 7,925, up 64 points, or 0.82 per cent. NTPC and Dr Reddy's Labs were the top gainers on the BSE benchmark. 
The rally in domestic stocks was supported by a surge in banking, auto and pharma stocks, as investors rediscovered their risk appetite for the blue-chip stocks. Large caps such as Dr Reddy's, NTPC, ONGC and ICICI Bank climbed as much as 4 per cent during the session. 

HEADLINES OF THE DAY
  • TCS collaborates with AIMS to launch OPD process.
  • RInfra enters into partnership with Russia's Almaz-Antey.
  • BEML wins star performer award for exports.
The crucial resistance for Nifty SPOT is now seen at 7966 and above this 8003 Support for the immediate term is now placed at 7835 and next support will be 7775.


Read more : MCX Crude oil tips , MCX natural gas TipsMCX Commodity TipsCrude oilTrading TipsMCX Free Tips

Corporate News Update

CAPITALSTARS

 DAILY CORPORATE NEWS


TCS collaborates with AIMS to launch OPD process
Tata Consultancy Services (TCS), a leading global IT services firm has said that it has collaborated with the All India Institute of Medical Sciences (AIIMS), the apex body for healthcare and medical research in India to launch a transformed, patient-friendly Out Patient Department (OPD) process to help re-affirm AIIMS as a beacon of world-class healthcare services.

BEML wins star performer award for exports
Defence public sector undertaking BEML has said that it has won the star performer award in the export category for the year 2013-14.
At a function held in Bangalore, C N Durgesh, Director (Mining & Construction) received the award on behalf of the company from Karnataka Governor Vajubhai Rudabhai Vala.

RInfra enters into partnership with Russia's Almaz-Antey
Reliance Infrastructure has entered into partnership with Russia's state-owned arms-maker Almaz-Antey to manufacturer missile and radar systems for Indian Defence Force.

Allcargo Logistics gains on fixing record date
Allcargo Logistics surged nearly 6%, touching to Rs421, after the company said it has fixed December 31, 2015 as record date for the purpose of 1:1 bonus issue of shares.

Glenmark seeks shareholders' nod to raise up to $500 mn
Glenmark Pharmaceuticals seeks shareholders' approval to raise up to $500 million (around Rs3, 300 crore) by issue of securities to fund its expansion plans, including setting up of new manufacturing facilities.

Blog Archive

Powered by Blogger.