Friday, 28 December 2018

Asian Stocks Mixed As US Futures Retreat

Wall Street’s wild afternoon rebound failed to reverberate through to Asia on Friday, with the region’s benchmarks putting in a mixed performance and U.S. futures retreating. The yen edged up, heading for its best two-week advance since February.
Equity benchmarks fell in Tokyo, saw modest gains in Sydney, Seoul and Hong Kong. Earlier, the S&P 500 Index erased a drop of almost 3 percent in its afternoon recovery the biggest upward reversal since 2010. It’s been a week of superlatives for stock traders, after American shares climbed the most in more than nine years on Wednesday. In other markets, 10-year Treasury yields held below 2.80 percent, and oil traded around $46 in New York. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Thursday, 27 December 2018

Asian Shares Ride Wall Street Surge, Oil Rally

Asian shares on Thursday latched on to a dramatic surge on Wall Street as markets, battered by a recent drum roll of deepening political and economic gloom, cheered upbeat U.S. data and the Trump administration’s effort to shore up investor confidence. In a buying frenzy that was as spectacular as the recent rout, U.S. stocks soared with the Dow Jones Industrial Average rocketing more than 1,000 points for the first time on Wednesday. That helped push MSCI’s broadest index of Asia-Pacific shares outside Japan up about 0.9 percent and away from eight-week lows. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Friday, 21 December 2018

Sharp Sell-Off Grips D-Street As Sensex Cracks 250 Points, Nifty Gives Up 10,900

Sharp selling in the past few minutes has dragged indices lower. The Sensex is down over 250 points, while the Nifty has given up 10,900. All sectoral indices are trading in the red, with maximum pain visible among automobiles, banks, energy, consumption and the IT space. The Nifty Midcap index is down around a percent. 
The Sensex is down 273.23 points or 0.75% at 36158.44, while the Nifty is down 91.70 points or 0.84% at 10860.00. The market breadth is negative as 791 shares advanced, against a decline of 1052 shares, while 94 shares were unchanged. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 20 December 2018

Rupee Recovers, But Trades Lower At 70.52 Per Dollar

The Indian rupee has recovered from the lows but trading lower by 12 paise  at 70.52 per dollar on Thursday against previous close 70.40.
Rupee gained in the early hour of the session after the dollar came under pressure against its major crosses and fall in global crude oil prices. On the domestic front, rupee was supported after the RBI decided to scale up the amount of liquidity infusion by Rs 10,000 crore to Rs 50,000 crore this month after a review of the evolving liquidity conditions.
For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 19 December 2018

Asia Stocks Hesitant As Investors Rush To Bonds

Asian share markets played second string to bonds on Wednesday as a spectacular fall in the price of oil spurred speculation the U.S. Federal Reserve might be done with tightening after its policy meeting later in the session. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.4 percent, while Shanghai blue chips were flat. Japan’s Nikkei steadied after an early dip and E-Mini futures for the S&P 500 added 0.4 percent. Oil had stolen the show as a supply glut saw Brent shed almost 6 percent overnight. U.S. crude was last down another 13 cents at $46.11 a barrel, while Brent recouped just 4 cents to $56.30.
For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 17 December 2018

Asian Shares Hobbled By Mounting Risks To Global Growth

Asian share markets began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the broadening impact of international trade frictions.
MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.1 percent in early Monday trade, led by losses in China and Hong Kong. 
On Wall Street on Friday, the S&P 500 lost 1.91 percent to 2,599.95, marking its lowest close since April 2. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Friday, 14 December 2018

Wall Street Ends Flat As Nervous Investors Flock To Defensive Shares

The S&P 500 finished little changed after a volatile session on Thursday, as investors continued to be spooked by uncertainty on both domestic and international issues, driving up bids for defensive shares while financials and consumer discretionary stocks were the biggest drags.
The S&P 500 posted 11 new 52-week highs and 47 new lows; the Nasdaq Composite recorded 14 new highs and 328 new lows.
On U.S. exchanges 7.55 billion shares changed hands, compared to the 8.02 billion average for the last 20 sessions. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 13 December 2018

Asian Shares, Sterling Up On Pause In Brexit, Trade Fears

Asian shares and the pound moved higher on Thursday as investors breathed a sigh of relief after British Prime Minister Theresa May survived a no-confidence vote, and as China appeared to be taking more steps to meet U.S. demands to open its markets. Sterling rallied from a 20-month low after the vote, and was holding onto gains early in the Asian trading day, trading at $1.2629. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Friday, 30 November 2018

US Stocks Turn Higher On Federal Reserve Minutes; Dollar Recovers Slightly

Wall Street turned positive on Thursday after the U.S. Federal Reserve released minutes of its latest policy meeting, while the dollar rose and Treasury yields softened after investors digested recent comments by Fed Chair Jerome Powell. World stocks were higher, but it was a mid-day recovery for U.S. stocks, which had sunk amid jitters over U.S.-China trade talks. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 26 November 2018

Asian Shares Tick Up But Oil Rout Dampens Sentiment

Oil prices traded near their lowest levels since October last year, having dived 8 percent on Friday for the biggest weekly losses in nearly three years, with rising US production intensifying fears of a supply glut. Asian shares edged higher on Monday, though investors were cautious as plunging oil prices fanned worries about a dimming outlook for the global economy. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 20 November 2018

Asia Down As WallStreet Knocked By Tech Sell-Off

Australian stocks lost 0.7 percent and tech-heavy South Korean shares dropped 0.9 percent. Asian stock markets slipped on Tuesday, extending sharp overnight losses on Wall Street as technology firms bore the brunt of worries about slackening demand, while the dollar sagged after weak US data further sapped confidence in the currency. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 15 November 2018

Rupee Opens Higher At 72.06 Per Dollar

The Indian rupee opened higher by 26 paise at 72.05 per dollar on Thursday versus previous close 72.31. On Wednesday the rupee closed 36 paise higher at 72.31 against Tuesday's close 72.67 per dollar.
Rupee consolidated in a narrow range but marginal appreciation was seen in the first half of the sessions following drop in global crude oil prices. In the past few sessions crude was weighed down after citing softening demand and after remarks from Saudi Arabia’s energy minister saying OPEC was considering cutting supply next year. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 13 November 2018

Asian Shares Pare Losses On US-China Trade Optimism, Oil Slides

Asian shares pared losses on Tuesday as hopes for a de-escalation of the Sino-U.S. tariff war drew support from reports that China’s top trade negotiator was preparing to visit the United States ahead of a meeting between the two countries’ leaders. The South China Morning Post reported, citing sources from both sides, that Liu He may visit Washington as part of the preparations for the talks between U.S. President Donald Trump and his Chinese counterpart Xi Jinping on the sidelines of the G20 summit in Argentina later this month. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 1 November 2018

Indian Rupee Opens Higher At 73.87 Per Dollar

The Indian rupee opened higher by 8 paise at 73.87 per dollar on Thursday versus previous close 73.95. Rupee came under pressure and fell to the lowest level in two weeks following broad strength in the dollar against its major crosses. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 29 October 2018

Bond Prices Hit 11-Week High; Rupee Rises Against Dollar

The yield of the 10-year government bonds on Monday fell five basis points to hit a near 11-week low after the Reserve Bank of India said it will buy back bonds worth Rs 40,000 crore in November through open market operations (OMO). The 10-year gilt yield stood at 7.829% from its Friday’s close of 7.876%. Bond yields and prices move in opposite directions. Meanwhile, the rupee was trading at 73.35 a dollar, up 0.17% from its Friday’s close of 73.47. The currency opened at 73.30 a dollar. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 25 October 2018

Asian Stocks Lose $5 Trillion So Far This Year With No End In Sight

Asia’s main equity gauge has finally succumbed, entering a bear market overnight. The region’s equities have already lost more than $4.9 trillion in value this year, and Thursday isn’t looking pretty. The MSCI Asia Pacific Index fell 2.1 percent. Japan’s Topix index plunged 2.9 percent, heading for its lowest close since September 2017, while the Nikkei 225 Stock Average lost 3.5 percent.
The Kospi 100 Index’s 2.6 percent slide took the South Korean gauge into bear-market territory after data showed the economy grew less than projected in the third quarter. Chinese markets also tanked. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 24 October 2018

Rupee Opens Strong, Gains 34 Paise At 73.23 Per Dollar

The Indian rupee gained in the early trade on Wednesday. It opened higher by 34 paise at 73.23  per dollar versus 73.57 yesterday. On Tuesday the rupee ended the volatile day on flat note amid easing crude oil prices and rising dollar selling by banks and exporters. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 23 October 2018

European Shares Fall To Lowest Levels In Nearly Two Years

European shares fell to their lowest levels in nearly two years on Tuesday as a new batch of third-quarter earnings failed to offset growing concerns on Brexit, Italy's budget, Saudi isolation, trade wars, Chinese growth and US interest rates. The pan-European STOXX 600 was down 1.1 per cent at 0826 GMT, its lowest level since December 2016 as it headed towards a fifth day of losses after a negative close in Asia and on Wall Street. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Friday, 19 October 2018

Sensex Falls 350 Pts, China Rebounds

Benchmark indices continued to trade lower amid China's growth concerns and continued correction in NBFCs & HFCs. The 30-share BSE Sensex was down 347.92 points or 1.00 percent at 34,431.66 and the 50-share NSE Nifty fell 110.10 points or 1.05 percent to 10,342.90. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 17 October 2018

NBFC Stocks Slide 1-8% On Strong Market Day

Indian benchmark indices are trading strong on Wednesday with Nifty hovering around 10,650 level and Sensex is up more than 200 points at 35386.86. Shares of non-banking financial companies (NBFCs) are trading lower on Wednesday morning even though the Indian market is trading on positive note. Dewan Housing, HDFC, Ujjivan Financial, MAS Financial Services, Edelweiss Financial, IIFL Holdings, Indiabulls Housing Finance, Satin Creditcare and L&T Finance Holdings, among others were down 1-8 percent on Wednesday. Indian benchmark indices are trading strong on Wednesday with Nifty hovering around 10,650 level and Sensex is up more than 200 points at 35386.86. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 16 October 2018

Sensex, Nifty Extend Gains Led By Auto, Banking Stocks

Benchmark indices BSE Sensex and NSE’s Nifty 50 gained for the third straight session on Tuesday as investors shifted their focus to September quarter earnings season from global trade and geopolitical tensions. Hero MotoCorp and Infosys are among the key companies reporting their Q2 results later in the day. Asian stocks edged higher, although increasing tensions between Saudi Arabia and the West fanned geopolitical concerns and capped gains. Earlier in the U.S. the tech-heavy Nasdaq indexes led losses and the S&P 500 Index slipped. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 15 October 2018

Asian Shares Slip On Lingering Trade, US Rates Worries

Asian shares slipped on Monday as worries over Sino-US trade disputes, a possible slowdown in the Chinese economy and higher US borrowing costs tempered optimism despite a rebound in global equities late last week. Oil prices jumped and Saudi Arabian shares tumbled on rising diplomatic tensions between Riyadh and the West after the monarchy warned against threats to punish it over disappearance of a journalist. 
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 per cent while Japan's Nikkei dropped 0.9 per cent. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Friday, 12 October 2018

Global Stock Slump Shows Signs Of Easing As Asian Stocks Edge Higher

Japan’s Topix index fell 0.7 percent, bringing this week’s slide to almost 6 percent. The Shanghai Composite was little changed. Hong Kong’s Hang Seng index rose 0.5 percent. Australia’s S&P/ASX 200 Index lost 0.2 percent. South Korea’s Kospi index gained 0.7 percent. The S&P 500 fell 2.1 percent Thursday. Futures were up 0.6 percent. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 9 October 2018

Indian Rupee Trades Around 74 Per Dollar

The Indian rupee erased some of its morning gains, trading marginally higher at around 74 per dollar on Tuesday. It has opened higher by 19 paise at 73.87 per dollar versus previous close 74.06.
Rupee touched a record low of 74.22 per dollar on Friday after central bank kept the repo rate unchanged at 6.50 percent but changed the stance from Neutral to Calibrated Tightening. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 4 October 2018

RBI Starts Inspecting NBFCs For Exposure To High-Risk Assets

The Reserve Bank of India (RBI) has started an inspection of several non-banking finance companies (NBFCs) to assess their exposure to high-risk assets,
The central bank has called for an inspection of several systematically important companies to check which of them have over-leveraged their loan exposures to the risky portfolios. The scrutiny on the NBFCs has been tightened. NBFCs, including HFCs, have grown dramatically over the last 3-4 years. The industry's loan growth was 21.2 percent, while its borrowings grew by 19.1 percent. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 3 October 2018

Asian Shares Ease, Euro Near 6-Week Low On Italian Woes

Asian shares ticked lower on Wednesday and the euro held at six-week lows as Italy’s mounting debt and Rome’s budget plan set it on a collision course with the European Union. Japan’s Nikkei eased 0.1 percent on a stronger yen. Australian shares were a touch firmer while New Zealand’s benchmark index fell 0.3 percent. Investors remained jittery even as a new U.S.-Mexico-Canada trade agreement appeared to ease global trade tensions. For more information please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 1 October 2018

Indian Rupee Opens Lower By 12 Paise At 72.60 Per Dollar

The Indian rupee opened lower by 12 paise at 72.60 per dollar on Monday versus previous close 72.48. Last week, rupee consolidated in a range of 72.50 and 73 (Spot) ahead of the important RBI policy statement that is expected to be released today. For more information please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Friday, 28 September 2018

Sensex Gains 200 Points Led By HDFC Twins, Reliance; Nifty Above 11,000

The BSE Sensex and NSE’s Nifty 50 erased all opening gains and tuned volatile on Friday following losses in auto and housing finance stocks. Asian stocks rounded out a volatile month with gains, with Japanese shares outperforming thanks to a slide in the yen to the weakest level this year. Shares in Hong Kong and Australia also gained, with Chinese shares nudging higher. Oil prices inched up on Friday, with investors trying to gauge the potential impact on supply from looming U.S. sanctions on Iran’s crude exports. The Indian rupee strengthened against the US dollar, tracking the gains from Asian currency market. For more information please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 27 September 2018

Sensex Jumps Over 50 Pts, Nifty50 Nears 11,100

Sensex and Nifty traded in the positive terrain in early trade Thursday as investor sentiment got a boost after India raised import duty on 19 products in an attempt to strengthen the Indian rupee. The rupee on Thursday opened 20 paise higher at 72.41 against dollar. 
The US Federal Reserve, overnight, hiked rates by 25 basis points which was much along the expected lines. The 30-share Sensex was 61 points, or 0.17 per cent, up at 36,603, while Nifty was 19 points, or 0.17 per cent, up at 11,072. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 26 September 2018

Benchmarks Trade In A Narrow Range Amid Weakness In FMCG, IT

Benchmark indices have gave up all its morning gains with Nifty is trading around 11,050 mark, while Sensex is doing nearly 100 points. Market breath is in favor of advances, as about 1242 shares have advanced, 887 shares declined, and 122 shares are unchanged. Tata Motors, ITC, Maruti Suzuki, HUL and Wipro are the top losers on the Sensex. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 25 September 2018

Indian Rupee Opens Lower By 26 Paise At 72.89 Per Dollar

The Indian rupee slipped in the early trade on Tuesday. It opened lower by 26 paise at 72.89 per dollar versus previous close 72.63. Yesterday, the rupee rose marginally against the US dollar but gains for the currency was short lived after global crude oil prices rallied to fresh highs. Brent crude oil rose to the highest level in four years after Saudi Arabia and Russia ruled out any immediate increase in production despite calls. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Friday, 21 September 2018

Nifty Back At 11,000; Nifty Midcap Down 4%

The Sensex is down 374.74 points or 1.01% at 36746.48, while the Nifty is down 149.70 points or 1.33% at 11084.70. The market breadth is negative as 381 shares advanced, against a decline of 2,127 shares, while 133 shares are unchanged.
Automobiles, banks, FMCG, infra, metals and pharmaceuticals are all seeing a selloff, while the Nifty Midcap index is down over 4 percent. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961

Wednesday, 19 September 2018

Sensex Gains 100 Pts, Nifty50 Above 11,300; MCX Climbs 4%

Sensex and Nifty opened higher on Wednesday, tracking positive global cues, shrugging off worries regarding Sino-US trade war. Asian stocks rose and US Treasury yields hovered near four-month highs on Wednesday. The 30-share Sensex was 84 points, or 0.23 per cent, up at 37,375, with 22 stocks in the black. The NSE counter part Nifty50 was 24 points, or 0.21 per cent, up at 11,303, with 35 stocks advancing and 15 declining. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961

Tuesday, 18 September 2018

Sensex Deepens Cuts, Nifty Trades Around 11,350

The Sensex is currently down 89.78 points or 0.24% at 37495.73, while the Nifty is lower by 32.00 points or 0.28% at 11345.80. The market breadth is negative as 896 shares advanced, against a decline of 1,226 shares, while 155 shares were unchanged. HUL and Yes Bank are the top gainers, while Vedanta, State Bank of India, and Hindalco have lost the most. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961

Monday, 17 September 2018

Nifty Hovers Around 11,400, Sensex Down 400 Points

The benchmark indices are trading lower with Nifty hovering around 11,400 mark and Sensex is down 410.48 points at 37,680.16. About 966 shares have advanced, 1328 shares declined, and 157 shares are unchanged. HDFC Bank, Reliance Industries, HDFC, Infosys and ITC are the negative contributors to the Sensex. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Friday, 14 September 2018

Wall Street Rises With Apple, Easing Trade Concerns

The Dow Jones Industrial Average rose 147.07 points, or 0.57 percent, to 26,145.99, the S&P 500 gained 15.26 points, or 0.53 percent, to 2,904.18 and the Nasdaq Composite added 59.48 points, or 0.75 percent, to 8,013.71. The Dow inched closer to its all-time high hit on January 26, closing at its highest since February 1 and just 1.8 percent below the January 26 close. The S&P 500 and the Nasdaq had already moved past their January peaks to record highs in prior weeks. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Wednesday, 12 September 2018

Sensex Trades Higher, Nifty Looks To Hold 11,300

The Sensex is up 75.45 points or 0.20% at 37488.58, while the Nifty is higher by 15.00 points or 0.13% at 11302.50. The market breadth is negative as 768 shares advanced, against a decline of 1,374 shares, while 106 shares were unchanged. Pharmaceuticals have reversed their losses and trading in the green, while FMCG and IT sectors are also seeing a rally. The positive moves in these sectors, along with a rally in index heavyweights such as ITC, HUL and HDFC Bank are helping the indices stay in the green zone. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Tuesday, 11 September 2018

Sharp Selloff Drags Sensex Over 300 Points, Nifty Sheds 1%

The Sensex is down 319.32 points or 0.84% at 37602.85, while the Nifty is down 100.20 points or 0.88% at 11337.90. The market breadth is negative as 928 shares advanced, against a decline of 1,569 shares, while 153 shares were unchanged. The Indian rupee has also extended its losses and trading near the low points. It is currently trading near 72.60 per US dollar. The Nifty Midcap index is trading in the red, down around 1 percent. M&M and SBI are the top gainers, while ITC, Power Grid, and Titan have lost the most. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Monday, 10 September 2018

Asian Shares On Slippery Slope As Donald Trump Raises Stake In Trade War, Dollar Gains

Asian shares started the week in the red on Monday, faltering for the eighth straight day while the dollar held on to recent gains as U.S. President Donald Trump raised the stakes in the heated trade dispute with China. MSCI’s broadest index of Asia-Pacific shares outside Japan was last down 0.7 percent, piling on losses from last week when it dropped 3.5 percent for its worst weekly showing since mid-March. 
Japan’s Nikkei opened lower but quickly pared losses after revised second quarter gross domestic product data showed the world’s third-biggest economy grew at its fastest pace since 2016. Chinese shares were also down with the blue-chip index off 1 percent while Shanghai’s SSE Composite stumbled 0.7 percent. Hong Kong’s Hang Seng index slipped 0.9 percent. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Friday, 7 September 2018

Sensex, Nifty Off Lows After Autos, FMCG See A Pullback

The Sensex is down 66.33 points or 0.17% at 38176.48, and the Nifty down 18.00 points or 0.16% at 11518.90. The market breadth is narrow as 931 shares advanced, against a decline of 809 shares, while 104 shares are unchanged. Sun Pharma is down 4 percent on reports that US drug regulator has issued 6 observations to its Halol unit in Gujarat. Yes Bank and Power Grid are the other top losers. Tata Motors and Bajaj Auto are the other lead gainers. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Thursday, 6 September 2018

Sagar Cements Rises 3% Post Company Reports 24% Jump In August Cement Sales Nos

Shares of Sagar Cements rose 3.4 percent intraday Thursday as company reported robust sales numbers for the month ended August 2018. The company's consolidated August sales are up by 24 percent at 2,47,051 MT versus 1,99,179 MT in August 2017. The share touched its 52-week high Rs 1,161.40 and 52-week low Rs 711 on 04 January, 2018 and 23 July, 2018, respectively. Currently, it is trading 36.07 percent below its 52-week high and 4.42 percent above its 52-week low. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Wednesday, 5 September 2018

Sensex Sheds Over 200 Points, Nifty Trades Around 11,400

The Sensex is down 374.96 points or 0.98% at 37782.96, while the Nifty is down 122.10 points or 1.06% at 11398.20. The market breadth is negative as 676 shares advanced, against a decline of 1,868 shares, while 165 shares were unchanged. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Tuesday, 4 September 2018

Indian Rupee Extends Losses After Opening At Record Low

The Indian rupee is trading around 71.33 per dollar after it opened at another fresh record low of 71.28 versus previous close 71.21. Yesterday the rupee closed to a record low of 71.21, down 22 paise from the Friday's close of 70.99, after hitting intraday low of 71.23. Rupee had a positive start on Monday as it opened higher by 19 paise at 70.80 per dollar but it reversed all its morning gains and closed lower on the back of concerns over rising crude oil prices. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961

Monday, 3 September 2018

Rupee Recovers 22 Paise, Opens At 70.78 Against Dollar

The rupee on Monday opened 22 paise higher at 70.78 against the US dollar NSE 1.48 % on account of some selling of American currency by banks and exporters. The Indian economy grew at 2-year high of 8.2 per cent in the April-June quarter of the current fiscal on good show by manufacturing and farm sectors, according to the government data released on Friday. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961

Friday, 31 August 2018

The Indian Rupee Breached A 71 Mark For The First Time On Friday

The Indian rupee breached a 71 mark for the first time on Friday. It has opened at a fresh record low of 70.95 per dollar versus previous close 70.74.

Yesterday the rupee ended at fresh life time low of 70.74 the dollar due to month-end demand for the US currency from importers and rising crude oil prices.

However, during the the rupee slipped to a record low of 70.90 to a dollar.

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The Market Has Opened Flat On The First Day Of The September

The market has opened flat on the first day of the September futures & options series.

The Sensex is down 32.76 points at 38657.34, while the Nifty is down 10 points at 11666.80. About 551 shares have advanced, 397 shares declined, and 50 shares are unchanged.

Grasim, TCS, Yes Bank, BPCL, Vedanta, Hindalco, Power Grid, Axis Bank are under pressure. Also, Nifty Bank was down 0.3 percent.


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Thursday, 30 August 2018

Equity Benchmarks Extended Their Winning Streak To Record Fresh Life-Time

Equity benchmarks extended their winning streak to record fresh life-time highs in August 2018.

This followed a global equity rally and expectation of domestic earnings pick up as fears of escalating trade wars played down. Sentiments remained strong despite the rupee hitting fresh lows.

The Nifty remains on a strong footing amid broad based participation and continuance of rising peak and trough formation.
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The market traded mildly lower amid volatility ahead of expiry of August

The market traded mildly lower amid volatility ahead of expiry of August derivative contracts later today. The weakness in rupee and rising crude oil prices weighed on market sentiment.

The 30-share BSE Sensex fell 44.34 points to 38,678.59 and the 50-share NSE Nifty declined 18.90 points to 11,673 but the market breadth was positive.

About three shares advanced for every two shares falling on the BSE.

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Wednesday, 29 August 2018

The Nifty Continues To Form Higher Highs And Higher Lows And Closed

The Nifty continues to form higher highs and higher lows and closed at a fresh high.

It is approaching the upper end of the rising channel placed at 11,830-11,850 levels. A sustained trade above 11,770 can extend the current upmove towards 11,850-11,925.

However, a trade below 11,650 can trigger profit booking and can drag the index lower to 11,550, which is also the lower end of the channel.

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After Days Of Positive Openings It Is A Flat Start For Equity Benchmarks

After days of positive openings, it is a flat start for equity benchmarks on this Wednesday morning, with the Nifty managing to hold 11,700-mark.

The Sensex is down 11.77 points or 0.03% at 38884.86, while the Nifty is lower by 10.70 points or 0.09% at 11727.80.

The market breadth is positive as 518 shares advanced, 310 shares declined, while 59 shares were unchanged. Banks are trading mixed, as the Bank Nifty is trading lower by one-fifth of a percent, while the PSU bank index is up over half a percent.

For more information ✆ +91 9111-179961 or Visit Dollar Advisory