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Showing posts with label Rupees VS Dollar. Show all posts
Showing posts with label Rupees VS Dollar. Show all posts

Mar 8, 2019

Closing bell: Nifty holds 11,000 on a rangebound day, Sensex marginally lower

The market closed off its lows amid rangebound session due to lack of cues.
The 30-share BSE Sensex was down 53.99 points at 36,671.43 and the Nifty50 fell 22.80 points to 11,035.40.
Tata Motors, Wipro, HCL Technologies, Tata Steel, Hindalco and Maruti Suzuki were down 1-4 percent while Bajaj Auto and Eicher Motors gained over a percent each.
The broader markets also ended in the red. Nifty Midcap index was down 0.2 percent.
Arvind was down 5 percent, but its subsidiary Arvind Fashions rallied 5 percent on day 1.
Dish TV, Jain Irrigation, Firstsource and Reliance Infrastructure were down 2-4 percent. However, Granules India, Gujarat Gas, Just Dial, ICICI Prudential and Reliance Nippon gained 3-7 percent.
Source:https://www.moneycontrol.com/news/business/markets/closing-bell-nifty-holds-11000-on-a-rangebound-day-sensex-marginally-lower-3622361.html

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Jul 8, 2018

Indian rupee gains 30 paise Vs dollar in early trade at 68.57


The Indian rupee gained in the opening trade on Monday. It has open higher by 30 paise at 68.57 per dollar versus 68.87 Friday.

The dollar-rupee July contract on the NSE was at 69.05 in the previous session. July contract open interest declined 2.44% in the previous day, said ICICIdirect.

We expect the USD-INR to meet resistance at higher levels. Utilise upsides in the pair to initiate short positions, it added.

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Opening Bell (9 July 2018)


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Jul 7, 2018

Fortis releases audited Q4 and FY18 results, auditor raises red flags


The beleaguered healthcare provider, as per the audited financial statement, reported a loss of Rs 932 crore for the fourth quarter ended March impacted by continuing business challenges, impairments and provisions

Fortis Healthcare on Saturday released audited results for Q4 and FY18, largely in line with the unaudited financials it announced on June 27.

The company said the audited financial statements have been released on the completion of the additional review of certain internal processes which were being undertaken at the request of the board of directors.

The release of audited accounts will hasten the process of company's sale. The last date for submission of bids ended early this week.

"As expected, there has been no change in the figures reported in the audited financial statements compared to the unaudited results announced," the company said in a statement.

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Source: https://www.moneycontrol.com/news/business/fortis-releases-audited-q4-and-fy18-results-auditor-raises-red-flags-2683331.html
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Jul 6, 2018

Closing Bell (6 July 2018)


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Jul 5, 2018

Trade war risk, rising oil costs seen keeping rupee near record low: Reuters poll


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Market Live: Nifty above 10,750, Sensex up 60 pts; RIL, Infosys, TCS positive contributors


Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 26.5 points or 0.25 percent. Nifty futures were trading around 10,731-level on the Singaporean Exchange.

Varroc Engineering shares list with 5% permium: Auto component maker Varroc Engineering started off trade at Rs 1015 on the first day Friday. The stock price gained 5 percent against the issue price of Rs 967.

At 10:03 hours IST, it was trading at Rs 1012.95, up 4.75 percent on the NSE.

The Rs 1,955-crore initial public offering was oversubscribed 3.59 times during June 26-28, driven by strong interest from institutional investors.

The price band for the issue, which consisted of an offer-for-sale of 2,02,21,730 equity shares by promoter Tarang Jain and existing investors which are Tata Group companies - Tata Capital Financial Services and Omega TC Holdings, was Rs 965-967 per share.

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Source:https://www.moneycontrol.com/news/business/markets/market-live-nifty-above-10750-sensex-up-60-pts-ril-infosys-tcs-positive-contributors-2678311.html
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Opening Bell (6 July 2018)


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Jul 4, 2018

Reliance AGM LIVE: RIL may commercially launch broadband service JioFiber


The company is set to hold its 41st AGM since it got listed on the bourses. The market will be closely watching the management's commentary. Please stay tuned for live updates.

Reports suggest that Reliance Industries could commercially launch its broadband service JioFiber at the AGM today. The service has created quite the buzz already and is expected to give users 100 Mbps of speed for 90 days for usage of up to 100 GB of data.

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Source: https://www.moneycontrol.com/news/business/reliance-agm-live-ril-may-commercially-launch-broadband-service-jiofiber-2673211.html
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Opening Bell (5 July 2018)


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Market Live: Sensex up 150 pts despite global weakness; HDFC twins, RIL lead


Asian markets are under pressure amid trade tensions.

European stocks were slightly lower Wednesday morning, amid elevated tensions between the US and China over looming trade tariffs and investment restrictions.

France's CAC, Germany's DAX and Britain's FTSE fell 0.1-0.4 percent.

Market focus is largely attuned to the ongoing US-Sino trade row, with investors concerned that the dispute could soon derail a rare period of synchronized global growth. At the end of the trading week, Washington is set to impose tariffs on $34 billion worth of goods from Beijing. China is then expected to respond with charges of its own on US products.

In Asia, equities slipped amid escalating fears of a full-blown trade war. MSCI’s broadest index, excluding Japan, edged around 0.3 percent lower on Wednesday, reports CNBC.

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Jul 3, 2018

INTERNATIONAL MARKET UPDATE


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NCDEX SUPPORT & RESISTANCE LEVEL


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Opening Bell (4 July 2018)


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Jul 2, 2018

Market Live: Sensex, Nifty open flat despite correction in Asian peers amid trade tensions


Asian stocks were cautiously mixed, with China's Shanghai Composite falling further amid trade tensions.

Benchmark indices started off trade on a flat note depsite weakness in the Asian peers due to ongoing trade tensions between US and China.

The Sensex fell 33.24 points to 35,231.17 and the Nifty slipped 11.40 points to 10,645.90.

Hero MotoCorp, TCS, Dr Reddy's Labs, Bajaj Auto and Coal India are early gainers.

Vedanta, Grasim, Bharti Infratel, ICICI Bank, HDFC, Titan Company, Maruti Suzuki, Cipla, Yes Bank, PNB and Bank of Baroda are under pressure.

The Nifty Midcap index fell 54 points.

8K Miles Software, AU Small Finance, Vakrangee, SREI Infra, ICICI Prudential, IDBI Bank, Nalco and Ashok Leyland lost ground. while Strides Shasun, NCC, Tata Power and Jyothy Labs are gainers.

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Source:https://www.moneycontrol.com/news/business/markets/market-live-sensex-nifty-open-flat-despite-correction-in-asian-peers-amid-trade-tensions-2662741.html
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Indian rupee opens lower by 9 paise at 68.89 per dollar


Yesterday rupee closed near five-year low at 68.80 per dollar. It ended lower by 33 paise against Friday's close 68.47

The Indian rupee opened lower by 9 paise at 68.89 per dollar on Tuesday.

Yesterday rupee closed near five-year low at 68.80 per dollar. It ended lower by 33 paise against Friday's close 68.47 .

This is the level last seen on August 28, 2013.

Yesterday rupee gained in the first half of the session but came under pressure in the latter half of the session following strength in the dollar against its major crosses and higher global crude oil prices. Yesterday, crude rallied after Libya declared force majeure on some of its supplies, although an overall rise in OPEC output and an emerging slowdown in demand held back markets, said Motilal Oswal.

Libya’s National Oil Corporation declared force majeure on loadings from Zueitina and Hariga ports, resulting in total production losses of 850,000 bpd due to the closure of eastern fields and ports. Today, USD-INR pair is expected to quote in the range of 68.80 and 69.30, it added.

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Source:https://www.moneycontrol.com/news/business/markets/indian-rupee-opens-lower-by-9-paise-at-68-89-per-dollar-2662721.html
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Opening Bell (3 July 2018)


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Jul 1, 2018

MCX SUPPORT & RESISTANCE LEVEL



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Tata Steel rises 3% on JV agreement with German company; CLSA maintains buy


JV company will be positioned as a leading pan European high quality flat steel producer with a strong focus on performance, quality and technology leadership to support customers’ sustainability ambitions.

Shares of Tata Steel rose more than 3 percent in the early trade on Monday as company signed joint venture (JV) agreements to create new steel champion in Europe.

Tata Steel has approved the terms to create a 50:50 joint venture which will combine the European steel businesses of the company and thyssenkrupp AG and has adopted resolutions for the signing of the definitive agreement, company said in release.

The formal execution of the definitive agreements is expected shortly.


JV company will be positioned as a leading pan European high quality flat steel producer with a strong focus on performance, quality and technology leadership to support customers’ sustainability ambitions.


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Source: https://www.moneycontrol.com/news/business/markets/tata-steel-rises-3-on-jv-agreement-with-german-company-clsa-maintains-buy-2658081.html
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Opening Bell (2 July 2018)


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