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Tuesday, September 25, 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 by US President Donald Trump for action to raise global supply, said Motilal Oswal.
Concerns about production shortfalls are encouraging traders to remain long on the commodity. On the other hand, strength in the dollar against its major crosses also weighed on the rupee.
Today, USD-INR pair is expected to quote in the range of 72.50 and 73.20, it added.
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Source:https://www.moneycontrol.com/news/business/markets/indian-rupee-opens-lower-by-26-paise-at-72-89-per-dollar-2982901.html
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Opening bell (25 Sep 2018)


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Monday, September 24, 2018

Learn Easy Strategy in Share Market


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D-Street recoups marginally, Sensex down 400 points; Nifty around 11,000


Automobiles, banks, metals, pharma, and FMCG are all trading lower. Nifty Midcap index is down 3 percent

Gold prices rose by Rs 75 to Rs 30,890 per 10 grams in futures trade Monday as speculators raised bets even as the precious metal weakened overseas.
At the Multi Commodity Exchange, gold for delivery in December was trading higher by Rs 75, or 0.24 per cent, to Rs 30,890 per 10 grams in a business turnover of 326 lots.
The yellow metal for delivery in October too gained Rs 62, or 0.20 per cent, to Rs 30,644 per 10 grams in 797 lots.

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Source: https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-d-street-recoups-marginally-sensex-down-400-points-nifty-around-11000-2978361.html
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MCX Support and Resistance Level (24 Sep 2018)


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NCDEX Support and Resistance Level (24 Sep 2018)


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International Market Updates (24 Sep 2018)


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Closing Bell: Sensex ends 192 pts lower, Nifty below 11,600 even as RBI cuts rate

Market at close:  Benchmark indices ended lower but off day's low after Reserve Bank of India (RBI) slashed repo rate by 25 bps to 6...