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The INDIA VIX is down 3.9% at 11.2. the S&P BSE Sensex is trading at 30,103 down 30 points while NSE Nifty is trading at 9358 up 6 points. The BSE Metal index is the top losing index post lunch hours on Thursday, with Tata Steel and Hindalco together majorly contributing to the index losses and dragging it to lower levels.   The index is trading at 11167 down by 0.76%.The stocks that are dragging the index down are NMDC, Tata Steel, Hindustan Zinc, Hindalco and JSW Steel. NMDC is trading down by 2%, Tata Steel is down by 1.5%, Hindustan Zinc is down by 1.2%, JSW Steel is down by 1% and Hindalco is down by 0.94%.   The only stock in the index that is trading in green is Vedanta. The stock is up by 0.19% at Rs 234.  At 3 PM, the S&P BSE Sensex is trading at 30,103 down 30 points while NSE Nifty is trading at 9358 up 6 points. A total of 82 stocks registered a fresh 52-week high in trade today, while 18 stocks touched a new 52-week low on the NSE.  ...

Silver trading range for the day is 39367-40621.Silver dropped as investors dumped safe-haven assets amid reduced concerns over the French presidential elections.U.S. Treasury Secretary Steven Mnuchin confirmed that the Trump administration’s tax plan will include a 15% corporate tax rate. Holdings at ishares silver trust gained by 0.90% i.e. 91.27 tonnes to 10272.97 tonnes from 10181.70 tonnes. Contact us: - +91-9913158794 Or visit:- http://www.profitstreet.in/ Mail us at:-  info@profitstreet.in

Akshaya Tritiya, which falls on the coming Friday, is considered an auspicious day to buy the precious metal and this year we might witness a spurt in gold demand. The waning effect of demonetisation coupled with the recent strength of the rupee has made the asset class look attractive. But before taking the decision, it is worth considering the factors that might impact gold prices in the future as a large part of this incremental purchase is likely to be from the perspective of investment rather than consumption. The return on gold investment for Indians would be a function of two broad factors – the movement of gold prices in the international market and the behaviour of Indian currency vis-a-vis the US Dollar. How did gold fare in 2016? After the stellar run in the first half of 2016, gold failed to hold on to the gains in the second half and ended the year with a point to point gains of 8 percent in prices. Volume growth was even more tepid, growing at 2 percent. ...

India’s benchmark BSE Sensex crossed the magic 30,000-mark and Nifty hit all-time high in opening trade on Wednesday, monitoring global cues and traders who're upbeat on prospects of quicker financial growth. international markets, too, were up on possible tax cuts, prone to be introduced on Wednesday via President Donald Trump to stimulate the usa economy and the result of the French election allaying rapid concerns of political uncertainty in the euro zone. Sensex opened at 30030.20 and rose nearly zero.5% to the touch 30089.seventy four in morning change, whereas Nifty hit document 9,347.sixty five. On Tuesday, the broader NSE Nifty closed at an all-time high of 9,306.60, while the Sensex ended up 1% higher at 29,943.24, on world cues and powerful revenue by using Reliance and other blue-chip corporations. The 30-share BSE Sensex has flirted with the 30,000-mark a few instances in intraday buying and selling but has never closed that degree. Wednesday might be the ...

Gold and silver prices on the Multi Commodity change had been trading decrease in early trade on Tuesday as a consequence of lack of demand of treasured metals from jewellers, industries and outlets. The yellow metallic was once buying and selling 0.38 per cent, or Rs 111, down at Rs 29020 per 10 gram round 10.20 am (IST), while the white metallic was once down 0.18 per cent, or Rs 75, at Rs forty one,054 per 1 kg. SPDR Gold belief GLD, the arena’s biggest gold-backed change traded fund, said its latest holdings stood at 860.17 tonnes, up 1.48 tonnes, from earlier industry day. Holdings of the biggest silver-backed ETF, new york's iShares Silver belief SLV, stood at 10,119.87 tonnes, remain unchanged from earlier trade day. “we predict prices to change vary bound for the day, after a sharp fall within the previous session on a market-pleasant French presidential vote, even if tensions over North Korea offered give a boost to for protected-haven bullion.” “we predi...

3:15 pm Acquisition: India's fourth largest device services and products firm HCL applied sciences lately mentioned it will gather US- based urban achievement services (UFS) for as much as USD 30 million (over Rs 193 crore) in cash. usais a provider of mortgage trade course of and fulfilment services. based in 2002, the company has over 350 highly professional experts. It has three centres in the usa. the full cash consideration for this transaction is as much as USD 30 million, including contingent funds topic to sure financial milestones, HCL mentioned in a regulatory submitting. The deal is anticipated to be accomplished through June this yr, topic to sure closing stipulations together with transfer of licences and approval of the customers, it delivered. 3:05 pm Market replace: Benchmark indices received additional, monitoring rally in European friends after the centrist Emmanuel Macron won the primary spherical of the French election. The 30-share BSE S...

Gold costs rose reasonably on Friday as buyers awaited the primary-round of vote casting within the presidential French election on the weekend and imaginable bulletins about tax adjustments in the U.S.. Gold prices rose rather on Friday as investors awaited the first-spherical of vote casting in the presidential French election on the weekend and imaginable bulletins about tax adjustments in the U.S.. Spot gold was up zero.three p.c at $1,284.sixty two an oz. by 2:30 p.m. EDT (1830 GMT), on course to shut the week little changed after 5 straight weeks greater. U.S. gold futures settled up 0.four p.c at $1,289.10. “the big information over the weekend would be the French election and the market will likely be to an extent on cling beforehand of that,” said Mitsubishi commodities analyst Jonathan Butler. There used to be attainable for safe-haven buying of gold after France said safety forces were fully mobilized for the weekend vote after an Islamist militant killed a policem...

sellers said an organization buck against some world currencies overseas also weighed on the rupee but a better opening of the domestic equity market capped the autumn. The rupee weakened with the aid of 9 paise to 64.sixty five towards the greenback in early change today at the Inter- bank overseas change market on elevated demand for the American forex from importers and banks. dealers mentioned an organization greenback in opposition to some international currencies out of the country additionally weighed on the rupee but a better opening of the domestic equity market capped the autumn. The rupee edged higher by means of 2 paise in opposition to the American unit to shut at 64.fifty six in the day gone by’s exchange on emergence of mild promoting of the American buck by banks and exporters. meanwhile, the benchmark BSE Sensex rallied 161.ninety five points, or zero.fifty five per cent, to 29,584.34 in early exchange. Visit - Profit Street

until the principles of trading in futures and choices completely, that you must end up working big losses, as Chirag Gupta, a 27-yr-previous day trader just lately did. imagine investing about Rs 11,250 in the inventory market and getting a return of Rs 6.08 lakh in a span of five minutes. however when the dealer sends you the contract word, the securities transaction tax (STT) for the exchange is over Rs 24 lakh -- almost four times the profit -- and it is not a printing mistake. It took place with 27-yr-old management pupil Chirag Gupta. When about five minutes had been left for the markets to close, Gupta noticed that he might purchase Nifty call options at 5 paise per unit and make a revenue of around Rs 2.75 a unit. He bought options that Nifty will close above 8,600 and it closed at eight,602.75. Gupta bought all of the Nifty quite a bit (three,000) he could within the short span of time. One Nifty lot has 75 units. Later, he realised that his dealer ha...

The Indian equity markets traded on a negative-to-flat observe throughout the early morning trade session on Wednesday. in line with market observers, heavy promoting power witnessed in steel, banking and car shares dragged the equity markets lower. the broader fifty one-scrip Nifty of the national stock exchange (NSE) inched-down by means of 10.forty five factors or 0.eleven per cent to 9,094.70 points. The barometer 30-scrip delicate indexse (Sensex) of the BSE, which opened at 29,369.90 factors, traded at 29,295.sixty four factors (round 9.30 a.m.) -- lower by using 23.46 points or 0.08 per cent from the previous shut at 29,319.10 factors. The Sensex has so far touched a high of 29,373.55 points and a low of 29,266.seventy two points right through the intra-day exchange. VISIT - Profit Street

The Indian rupee opened flat at 64.50 per dollar today against previous close of 64.51. eleven: fifty nine am Buzzing inventory: Shares of Berger Paints India rose 2.7 percent intraday Tuesday after its subsidiary signed a memorandum of business exploration with NBCC. the corporate's subsidiary Bolix, S.A. Poland and NBCC sign memorandum of business exploration to deliver exterior Thermal Insulation and Composite methods (ETICS) solutions to India. "NBCC and Bolix, S.A. Poland signed a memorandum of business exploration at New Delhi, in furtherance of a joint initiative to bring to ETICS, a proven resolution for making improvements to power performance of temperature controlled structures," company stated in release. eleven:39 am Coal India falls: Coal India saw promoting force on Tuesday as buyers grew to become cautious on analysts’ views on the inventory. the general public sector entity was once within the news recently after the coal quality watchdo...