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Aug 13, 2018

Test Our Skills in Trading Challenges- Take Free Trial Now

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TradeIndia Research indore Wish you very Happy Independence day

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Aug 12, 2018

NCDEX SUPPORT & RESISTANCE LEVEL (13 Aug 2018)

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INTERNATIONAL MARKET UPDATE (13 August 2018)

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Indian rupee hits record low; opens at 69.47 per dollar

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It has opened at 69.49 per dollar on Monday versus 68.83 Friday.

The Indian rupee slipped to a record low as it fell 66 paise in the early trade on Monday.

It has opened at 69.47 per dollar on Monday versus 68.83 Friday.

The dollar-rupee August contract on the NSE was at 68.99 in the previous session. August contract open interest declined 1.86% in the previous day, said ICICIdirect.
We expect the USD-INR to find supports at lower levels. Utilise downsides in the pair to initiate long positions, it added.

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source:https://www.moneycontrol.com/news/business/markets/indian-rupee-hits-record-low-opens-at-69-49-per-dollar-2835521.html
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Banks drag Nifty below 11,400; Sensex falls 250 pts; rupee hits a record low

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Tepid global cues and weakness in financials weigh on benchmark indices; midcap stocks too take a hit on Monday morning.

Bears took the control on the D-street as the benchmark indices opened lower on Monday morning, with the Nifty trading around 11,350, while the Sensex trading around 37,600.

The Sensex is down 268.42 points at 37600.81, and the Nifty down 73.80 points at 11355.70. About 347 shares have advanced, 846 shares declined, and 71 shares are unchanged.

Nifty Bank down 1 percent as banking stocks were under pressure post the rupee touched a record low of 69.49 in the opening trade on Monday.

SBI, Vedanta, Indiabulls Housing, Hindalco, UPL, Bharti Airtel, Union Bank, NBCC, Jet Airways, Tata Motors, Nalco are among the major losers on indices, while Dr Reddy's Lab, Sun Pharma, TCS, Corporation Bank are trading with marginal gains.

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SOURCE: https://www.moneycontrol.com/news/business/markets/market-live-banks-drag-nifty-below-11400-sensex-falls-250-pts-rupee-hits-a-record-low-2835551.html
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Opening Bell (13 Aug 2018)

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