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Showing posts from March, 2018

Security, Prosperity Of People Our Priority: Adityanath

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Uttar Pradesh Chief Minister Yogi Adityanath today said providing security and prosperity to the people is his government's priority.   He targeted the previous Akhilesh Yadav government saying it had incited riots in the state.   "Law and order situation in the state has improved. Our priority is to provide security and prosperity to the masses," Adityanath said after inaugurating a 10.30-km-long elevated road, touted to be the longest of its kind in the country, connecting UP Gate and Rajnagar Extension here.   Built at a cost of Rs 1,147 crore, the six-lane elevated road is supported on 227 pillars.   Get Commodity Tips So Give A Missed Call @ 9109911653 And Like This Page >> Investment Visor .

Five Mistakes You Must Avoid While Planning Your Taxes At The Last Minute

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End of the financial year is a busy time for two sets of individuals – the accountants and the individuals who try to save on income tax at the last minute. If you are looking to make some tax planning moves at the last moment, here are some mistakes you must avoid.   Over-Investing   This is a common mistake committed by many. The moment someone mentions about tax saving investments, the two numbers that flash quickly are Section 80C and Rs 1.5 lakh. It is true that one can invest up to Rs 1.5 lakh and avail tax shelter under this section, do not jump to cut a cheque of Rs 1.5 lakh.   Over Committing  If you are going to open a PPF account at the last minute or going to buy an investment product issued by a life insurance company, you are going to commit payments in future.   Ignoring Risk  Just because it is easy to invest, do not pick an in...

India To Export 65-70 Lakh Bales Of Cotton In 2017-18

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India will export 65-70 lakh bales of cotton in the ongoing cotton season 2017-18 (October-September) amid aggressive demands from neighbouring countries like Bangladesh, Pakistan and China, said an official on Thursday.   Atul Ganatra, President, Cotton Association of India (CAI), said that apart from the neighbouring countries, India has also been receiving demands for cotton from several other countries, including Vietnam, Indonesia and Turkey.   According to the CAI, India had exported 63 lakh bales of cotton last year. Each bale has nearly 170 kg of cotton.   Get Daily Trading Tips Click Here >> Investment Visor And Give A Just Missed Call @ 9109911653 Or Like This Page >> Commodity Tips .

Reliance Capital Arm Sells 19.05 PC Stake In Sula Vineyards For Rs 256 CR

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Reliance Capital today said its wholly-owned subsidiary has sold 19.05 percent stake in wine producer Sula Vineyards Private Ltd for Rs 256 crore.   It has sold 30,06,833 equity shares held in an unlisted company namely Sula Vineyards Private Ltd (representing 19.05 percent of paid up equity share capital), for an aggregate consideration of Rs 256 crore.   Besides, Reliance Corporate Advisory Services Ltd sold 47,28,081 equity shares, or 14.90 percent, held in an unlisted company namely KGS Developers Limited for Rs 82 crore.   Get Daily Trading Tips Click Here >> Investment Visor And Give A Just Missed Call @ 9109911653 Or Like This Page >> Commodity Tips .

Sensex, Nifty Shut On Account Of Mahavir Jayanti Festival

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The country’s pioneer stock exchanges, BSE and the National Stock Exchange (NSE) are shut on Thursday on account of Mahavir Jayanti festival.   Get Daily Trading Tips Click Here >> Investment Visor And Give A Just Missed Call @ 9109911653 Or Like This Page >> Commodity Tips .

Wall Street Closes Lower In Rocky Session On Amazon Losses

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Wall Street closed lower after a rocky session on Wednesday as gains in consumer staples and health-care were offset by a sharp drop in Amazon shares and a continuing slide in technology stocks.   All three major US indexes ended the day in negative territory following Tuesday's late-session tech-driven sell-off following Monday's rally as traders moved to defensive stocks after recent weeks' heightened volatility.   Get Daily Trading Tips Click Here >> Investment Visor And Give A Just Missed Call @ 9109911653 Or Like This Page >> Commodity Tips .

Indian Rupee Opens 10 Paise Higher At Rs 64.88 Per Dollar

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The Indian rupee opened higher at Rs 64.88 per dollar on Wednesday versus 64.98 yesterday.   The rupee is expected to remain in the range of 64.50-65 with a positive bias. Support from the domestic equity market and pressure on US dollar globally may push the USD-INR towards 64.50.   Get Commodity Tips So Give A Missed Call @ 9109911653 And Like This Page >> Investment Visor .

Wall Street Closes Sharply Lower, Tech Leads Late Selloff

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Wall Street closed sharply lower Tuesday, with each of the major US indexes suffering their fourth decline in five sessions, fuelled by a selloff in the tech sector.   Tech stocks, among the best performing sectors of the bull market, have been under pressure recently as concerns about government regulation stemming from their strong growth.   Get Commodity Tips So Give A Missed Call @ 9109911653 And Like This Page >> Investment Visor .

Aluminium Trading Range For The Day Is 130.7-133.1

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Aluminium trading range for the day is 130.7-133.1.   Aluminium prices dropped hammered by concerns of rising China supply now pollutionlinked output curbs have expired as well as U.S. trade tensions.   China's inventory of refined aluminium including SHFE warrants amounted to 2.26 million mt as of Monday March 26.   China's aluminium production fell 1.8 percent in January-February from a year earlier, data showed.   Warehouse stock for Aluminium at LME was at 1273150mt that is down by -3225mt.   Get Commodity Tips So Give A Missed Call @ 9109911653 And Like This Page >> Investment Visor .

Mentha Oil Futures Up On Rising Demand

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Mentha oil futures were trading higher during the morning trade in the domestic market on Tuesday amid pick-up in demand at domestic spot market and restricted supplies from producing regions. Market analysts said fresh positions built up by traders following pick-up in demand from consuming industries in the spot market against restricted supplies from Chandausi, led to the rise in mentha oil prices in futures trade.   At the MCX, mentha oil futures for March 2018 contract was trading at Rs 1441 per kg, up by 0.40 per cent, after opening at Rs 1478, against the previous closing price of Rs 1435.20. It touched the intra-day high of Rs 1478.   Get Commodity Tips So Give A Missed Call @ 9109911653 And Like This Page >> Investment Visor .

Indian Rupee Opens Higher At 64.78 Per Dollar

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The Indian rupee opened 9 paise higher at 64.78 per dollar on Tuesday versus previous close at 64.87.   Risk appetite has made a comeback after trade war shock was absorbed by the markets. This has rubbed off on the USD-INR pair along with other Asian currencies. I expect another day of consolidation in a range between 64.80-65 for today.   Get Commodity Tips So Give A Missed Call @ 9109911653 And Like This Page >> Investment Visor .

Dow Closes More Than 650 Points Higher As Trade Tensions Ease

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US stocks closed sharply higher on Monday, bouncing back from strong losses in the previous session as trade tensions between the US and China appeared to ease.   The Dow Jones industrial average surged 669.40 points to 24,202.60, with Microsoft as the best-performing stock in the index. The Dow also had its biggest one-day percentage gain since August 2015. The S&P 500 gained 2.7 percent to close at 2,658.55 — bounce off its 200-day moving average— with technology and financial leading all sectors higher.   The Nasdaq composite advanced 3.3 percent to 7,220.54 with Apple and Amazon both rising.   Get Commodity Tips So Give A Missed Call @ 9109911653 And Like This Page >> Investment Visor .

Oil Prices Fall As U.S. Trade Dispute With China Looms

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Brent and WTI crude oil futures dipped on Monday as concerns of a looming trade dispute between the United States and China weighed on global markets.    In Asia, Shanghai crude oil futures debuted strongly, both in terms of volume and prices, with front-month contracts soaring as much as 6 percent as investors bought into the world's newest financial oil trading instrument.   Get Commodity Tips So Give A Missed Call @ 9109911653 And Like This Page >> Investment Visor .

Turmeric Trading Range For The Day Is 6498-6910

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Turmeric trading range for the day is 6498-6910.   Turmeric ended with losses amid higher supply of fresh crop across major spot markets.   Export of turmeric reported to be down by 16% to 79,372 tonnes for the first 9 month of FY 2017/18 compared to last years’ exports.   NCDEX accredited warehouses turmeric stocks gained by 89 tonnes to 1013 tonnes.   In Nizamabad, a major spot market in AP, the price ended at 6730 Rupees dropped -62.85 Rupees.   Get Commodity Tips So Give A Missed Call @ 9109911653 And Like This Page >> Investment Visor .

Key Indian Equity Indices Open Flat

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Key Indian equity indices opened on a flat note on Monday.   Around 9.16 a.m., the Nifty50 of the National Stock Exchange (NSE) was down 9.85 points or 0.10 per cent to trade at 9,988.20 points.   The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 32,536.44 points, traded at 32,628.44 points -- up 31.90 points or 0.10 per cent from the previous session's close.   The BSE market breadth was bullish with 811 advances and 499 declines.   Get Commodity Tips So Give A Missed Call @ 9109911653 And Like This Page >> Investment Visor .

Shale Firms Pump Up Dividends As Industry Focus On Returns Grows

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Nearly a third of the 25 top U.S. shale oil producers have paid or pledged to pay dividends this year, according to Reuters review of financial filings, the largest number since the shale boom took off a decade ago.   Oil prices have risen by over a third in the past year, giving shale producers more revenue to respond to investor calls for improved shareholder returns.   Investors in shale have seen thin returns despite booming production, as shale firms have used profits to invest in raising output more rather than returning cash to shareholders.   Get Commodity Tips So Give A Missed Call @ 9109911653 And Like This Page >> Investment Visor .