Dollar tumbles due to uncertainty over rate hike – Sharekhan

Dollar

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Source: Sharekhan USD-INR: The Indian rupee appreciated by 0.41 percent in yesterday’s trading session on likely inflows into local shares. Further, rise in risk appetite in the global markets after positive trade data from China and weakness in dollar supported rupee. India Finance Minister assured that the government will take…

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Market Mantra: The Money Daily – September 9, 2015

Market Mantra

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Market Mantra Opportunity in crisis! Another bright start for Sensex, Nifty Just the other day the main indices were reeling at 14-month lows and suddenly buying frenzy has caught on scaling indices higher. The revival in global equity markets coincided with the brain storming session titled ‘Recent global events: Opportunities…

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Nifty It is a reversal – Sharekhan

Nifty

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Source: Sharekhan Market on September 08, 2015: Resistance at 7660 We had mentioned in our High Noon report today that today’s close will be very crucial. We had also said that if the index manages to close in the positive territory today then we will see a reversal in the…

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We expect the bearish sentiment to drive oil prices lower – Angel Commodities Pvt Ltd

drive oil prices lower

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Bullion Gold Spot gold prices declined by 0.31 percent on Monday to close at $1119.1 per ounce as stock markets firmed and the dollar steadied, and after U.S. payrolls data failed to provide clarity on the timing of a Federal Reserve rate hike. Spot gold lost 1 percent last week…

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India Monsoon Watch – Weakening monsoon ups commodity price risk – Religare Securities Ltd

commodity price risk

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Source: Religare Securities Ltd Our follow-on checks with Religare’s pan-India commodities team suggest that most regions in India have received deficient rainfall in Jul-Aug’15, post a good beginning in June. As per IMD, India’s rainfall has been 12% below LPA during June to early September. A poor monsoon has damaged…

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Sell Gold @ 26650 Target Rs.26300 – Sushil Finance

Sell Gold

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Gold Gold eased back towards its lowest since mid-August on Monday as stock markets firmed and the dollar steadied, and after U.S. payrolls data failed to provide clarity on the timing of a Federal Reserve rate hike. Having failed to benefit from recent turmoil in stock markets after China devalued…

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The traders to play safe and invest in risk-free assets like the safe-haven Yen – Angel Broking Pvt Ltd

Angel Broking

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Source: Angel Broking Pvt Ltd Outlook for the near-term Disappointing data releases from the nation like Non-Farm Employment Change (173K in August from 245K in July), CPI data (0.1 percent in August from 0.3 percent in July) and robust data releases like Prelim GDP data (3.7 percent in June quarter…

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Indian Rupee tumbles on firm dollar and FII outflows – Sharekhan

Indian Rupee

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USD-INR: The Indian rupee depreciated by 0.54 percent in yesterday’s trading session as Foreign Investors liquidated their investments from local shares. Rise in risk aversion in the global markets on worries over China’s economic health added downside pressure. Further, Iran has asked India to pay $6.5 billion oil dues in…

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Bank Nifty Crucial Support Around 7500-7480… – Way2Wealth

Bank Nifty

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Source: Way2Wealth NIFTY SPOT The week began with marginally positive opening as indicated during the pre-opening session and indices test tad higher above 7700 during the first hour of trade. But once again, such bounces proven to be short-lived and nifty trimmed all its gains mainly on account of sharp…

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