Showing posts with label best Commodity Tips. Show all posts
INDIAN BENCHMARK open flat amid sluggish trades among major Asian markets.
By : Simran Shah
INDIAN BENCHMARK open flat amid sluggish trades among major Asian
markets. Further, power and metal stocks will be in focus as the Supreme Court
is scheduled today to announce its decision on coal block allocations.
FURTHER, Cipla will be in focus after
the company entered into a commercial collaboration with S&D Pharma in the
Czech Republic and Slovakia. Aditya Birla Chemicals Limited has acquired Jayshree
Chemicals Ltd's caustic soda business for 2.12 billion rupees.
Trend in FII flows: The FIIs
were net buyers of Rs 192cr in the cash segment on Monday while the DIIs
were net sellers of Rs. 508cr, as per the provisional figures released by
the NSE.
COMMODITY MARKET STRATEGY 04 SEPTEMBER 2014
By : Simran Shah
BASE METAL WRAP: Nickel climbed to the
highest in almost four weeks after a Philippine lawmaker filed a bill to require
all mined minerals to be processed before export.
ENERGY WRAP: Natural gas prices
edged lower on Wednesday after weather forecasting models continued to call for
milder temperatures to move across the U.S. this weekend, which should cut into
the need for air conditioning and thus reduce demand for the commodity at the
nation's thermal power plants. Crude oil futures rebounded from the previous
session's steep declines on Wednesday, after Kiev said it has reached a deal
with Russia for a ceasefire in eastern Ukraine.
PRECIOUS METAL WRAP: Gold advanced for a
second day on speculation that prices near the lowest level since June may
encourage purchases as investors assessed tensions in Ukraine and the outlook
for higher U.S. borrowing costs.
GLOBAL EVENTS TO WATCH: Retail Sales m/m,
Trade Balance, Monetary Policy Statement, German Factory Orders m/m, BOJ Press
Conference, Asset Purchase Facility, Official Bank Rate, MPC Rate Statement,
Challenger Job Cuts y/y, Minimum Bid Rate, ADP Non-Farm Employment Change,
Trade Balance, ECB Press Conference, Trade Balance, Unemployment Claims,
Revised Nonfarm Productivity q/q, Revised Unit Labor Costs q/q, Final Services
PMI, ISM Non-Manufacturing PMI, Natural Gas Storage, Crude Oil Inventories,
FOMC Member Mester Speaks.
INDIAN BENCHMARK open marginally lower as investors
By : Simran Shah
INDIAN BENCHMARK
open marginally lower as investors are likely to book
profits after recent gains while weak Asian cues and geopolitical tensions
would weigh on sentiment.
FURTHER, DLF will be in action after
the Punjab and Haryana High Court on Wednesday set aside the Haryana government’s
decision to allot 350 acres of land in Wazirabad, Gurgaon. United Spirits reported a consolidated net loss of Rs 4,489 crore for
the year ended March 31, 2014.
Trend in FII flows: The FIIs
were net buyers of Rs 192cr in the cash segment on Wednesday while the
DIIs were net sellers of Rs. 469cr, as per the provisional figures
released by the NSE.
