NCDEX SUPPORT & RESISTANCE LEVEL (4 OCT 2018)

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Sensex dips 200 pts, Rupee off record low; Europe trades higher

The Indian rupee hit new record low of 73.41 on strong demand for the American currency from importers amid rising global oil prices and unabated capital outflows.On IT services front after rupee depreciation, HSBC said the hopes are running high now as reflected in premium valuations.It...

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NCDEX Support & Resistance Level

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Opening Bell ( 3 Oct 2018)

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Nifty forms bullish candle, closes above 11,000; next target seen at 11,170

India VIX fell by 2.22 percent to 16.61 levels. Volatility has to cool down to form a short term top then only Nifty can form a short term bottom process for a temporary bounce back process, experts said.The Nifty50 after flat opening fell sharply but formed the bottom and managed...

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India's crude steel output up 3.7% in August

India's crude steel output increased 3.7 per cent to 8.8 million tonne (MT) in August 2018, according to the World Steel Association (worldsteel). The country had produced 8.5 MT during the same month last year, the global industry body said in its latest report. "Global crude steel production...

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Indian rupee trades lower around 72.80 per dollar

Indian rupee is trading near the day's low point. It is trading lower by 35 paise at 72.83 per dollar versus previous close 72.48. It has touched 72.86 during the day, while it touched all-time low of 72.96 per dollar in the month of September. Last week, rupee consolidated in a range of 72.50...

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