Market Updates Blog

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Commodity Market Important Updates for 24 July 2017

Gold futures closed high in the domestic market on Friday as turmoil in the White House and weakness in the U.S. dollar spurred haven demand for the precious metal. A weaker dollar tends to be supportive to commodities, like gold, priced in the currency, making them more attractive to buyers using weaker monetary units. Yellow…

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Top Stocks to be Focused for 24 July 2017

Avenue Supermarts: The company, which owns DMart chain of supermarkets, on Saturday reported a 47.60 % year-on-year (YoY) rise in net profit at Rs 174.77 crore for the June quarter. The Radhakishan Damani-promoted firm had reported Rs 118.44 crore profit in the corresponding quarter of last year. Colgate-Palmolive: In a first, Colgate-Palmolive’s global CEO Ian…

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Stock Market Headlines for 24 July 2017

Market Update: Nifty inches towards 10000, Sensex gains 200 pts; ITC, RIL lead FIIs raise stake in 345 firms in June quarter, but 21 of those rose over 100% Stay with winners! Top 12 wealth creators across sectors for a period of 2-3 years HDFC Bank Q1 profit seen up 21% at Rs 3,923 cr,…

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Opening bell: Nifty, Bank open at record high, Sensex higher

Equity benchmarks started off the week on a positive note, with the Nifty and Bank indices opening at record highs. The 30-share BSE Sensex was up 51.05 points at 32,079.94 and the 50-share NSE Nifty gained 9.05 points at 9,924.30. About two shares advanced for every share falling on the BSE. Lupin gained 2 %…

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Cardamom futures up by 1.37 % in market

Cardamom futures were trading high in the domestic market on Friday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Cardamom futures for August 2017 contract was trading at Rs 1076.20 per kg, up by 1.37 %, after opening at Rs 1065,…

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Commodity Market Important Updates for 21 July 2017

Gold futures closed higher in the domestic market on Thursday as the euro jumped in the wake of a European Central Bank meeting, putting pressure on the U.S. dollar. Gold futures for August 2017 contract ended at Rs 28316 per 10 grams, up by 0.23 %, after opening at Rs 28,217 against a previous close…

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Top Stocks to be Focused for 21 July 2017

Balaji Telefilms: Reliance IndustriesBSE 1.88 % has picked up a 25 per cent stake in India's leading TV content production company Balaji Telefilms. RILBSE 1.88 % and Balaji Telefilms announced on Thursday that the former will pick up 2.52 crore preferential shares of Balaji Telefilms at Rs 164 apiece, making a total investment of Rs…

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Stock Market Headlines for 21 July 2017

Market Live: Sensex rises 100 pts, Nifty above 9900 ahead of Reliance Industries AGM Reliance Industries shares surge 4%; what analysts expect from 40th AGM Balaji Telefilms zooms over 100% in 2017; here’s why Porinju thinks it is still a good deal A decisive move above 9,900 required; 5 stocks which can give up to…

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Opening bell: Sensex rises 100 pts, Nifty above 9900

Equity benchmarks rebounded with moderate gains in opening today, backed by Reliance Industries (up 1.8 %) and Wipro (up 5 %) after solid earnings performance. The 30-share BSE Sensex was up 51.64 points at 31,956.04 and the 50-share NSE Nifty gained 11.80 points at 9,885.10. Balaji Telefilms was up 5 % as Reliance Industries picked…