Friday, 28 September 2018

Ircon International Shares Fall 11% On Market Debut

Ircon International made a tepid stock exchange debut on Friday. The state-owned railway engineering and construction company was listed at Rs 422 a share on NSE, down 11.16% from its issue price of Rs 475 a piece. The Rs 467 crore initial public offer (IPO) was subscribed 9.9 times during its share sale between 17 and 19 September with a price band of Rs 470-475 per share. For more information please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 27 September 2018

Rupee Gains Against Dollar As Govt Hikes Import Duties

The Indian rupee on Thursday strengthened against the US dollar after the government increased tariffs on imported goods to narrow current account deficit. The rupee was trading at 72.40 a dollar, up 0.30% from its Wednesday’s close of 72.62. The home currency opened at 72.41 per dollar. The 10-year gilt yield stood at 8.04%, below its previous close of 8.072%. Bond yields and prices move in opposite directions. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 26 September 2018

Rupee Trades Flat Against Dollar Ahead Of Fed Decision

The Indian rupee was trading little changed against the US dollar ahead of the outcome of US Federal Reserve’s policy meeting due later on Wednesday.The rupee was trading at 72.73 to a dollar, down 0.03% from its Tuesday’s close of 72.70. The home currency opened at 72.72 per dollar. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 25 September 2018

Coal India, Tata Steel Drag Nifty Metal Index Down

Benchmark NSE Nifty50 index was up 26 points at 10,993, while the BSE Sensex was up 108 points at 36,413. The Nifty Metal index was trading 0.60 per cent down at 3,610 
Among the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red. Axis Bank, YES Bank, Sun Pharma, IndusInd Bank and Infosys were among the top gainers in the Nifty index. Indiabulls Housing Finance, GAIL (India), BPCL, HPCL and PowerGrid were among the top losers in the Nifty pack of stocks. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Sensex, Nifty Swing; DHFL Shares Fall 22%; Yes Bank Rises 4%

BSE Sensex and NSE’s Nifty 50 were volatile on Tuesday amid weak global cues and continued selloff in financial stocks over fears of a liquidity crunch. In global markets, Asian stocks struggled as a fresh round of US-China tariffs and a surge in oil prices to near four-year highs added to worries about risks to global growth. Brent crude prices traded above $80 a barrel as OPEC and its allies signaled less urgency to boost output despite US pressure. Moreover, the US Federal Reserve begins its two-day policy meeting later on Tuesday. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 24 September 2018

Rupee Opens Lower Against US Dollar

The Indian rupee weakened against the US dollar on Monday, tracking panic selling in the local equity markets. The rupee was trading at 72.49 to a dollar, down 0.39% from its Friday’s close of 72.20. The home currency opened at 72.47 per dollar.For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961

Friday, 21 September 2018

Sensex, Nifty Hold Gains; Yes Bank Shares Sink

BSE Sensex opened at 37,278.89, up 157 points, or up 0.42%, from its previous close. It surged 368 points to a high of 37,489.24. The Nifty 50 opened at 11,271.30, up 36.95 points, or 0.32%, from its previous close. The 50-share index jumped 112.45 points to a peak of 11,346.80. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961

Tuesday, 18 September 2018

Sensex, Nifty Volatile; Auto, Banking Stocks Top Losers

Benchmark indices BSE Sensex and NSE’s Nifty 50 traded cautious on Tuesday amid rising global trade tensions. Both the indices lost over 1% in the previous session. The rupee was trading little changed against the US dollar as traders awaiting further government measures to support the currency. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961

Rupee Recovers Up 10 Paise Against US Dollar In Early Trade

The rupee Tuesday recovered 10 paise to 72.41 against the US dollar amid volatility in early trade on fresh selling of the US currency by exporters and banks. The rupee, after opening lower at 72.65 against the US dollar, quickly recovered to trade 10 paise higher at 72.41 at the Interbank Foreign Exchange. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961

Monday, 17 September 2018

Sensex Drops 300 Pts, Nifty Below 11,450

Benchmark equity indices plunged over half a per cent in early trade on Monday following subdued Asian cues amid reports that Washington was about to announce a new round of tariffs on Chinese imports, setting the stage for possible reprisals by Beijing. The BSE Sensex was trading 277 points, or 0.73 per cent, down at 37,813.87 in early trade, while the 50-share NSE Nifty index was down 76 points, or 0.66 per cent, at 11,438. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Friday, 14 September 2018

Rupee Gains 54 Paise Against US Dollar After CPI Inflation Shrinks To 10-Month Low

The rupee opened higher on Friday, surging 54 paise to 71.6425 against the US dollar, after retail inflation eased to a 10-month low. The rupee also rebounded on the government’s assurance that all steps would be taken to ensure the domestic currency does not depreciate to unreasonable levels, said a PTI report. “No fundamental rationale for rupee to depreciate to levels we saw till yesterday. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Wednesday, 12 September 2018

Rupee Recovers Dramatically, Pushes Sensex Higher By 200 Points; Nifty Above 11,350

The Sensex is up 240.98 points or 0.64% at 37654.11, while the Nifty is higher by 65.90 points or 0.58% at 11353.40. The market breadth is negative as 923 shares advanced, against a decline of 1,538 shares, while 161 shares were unchanged. The Indian currency is massively off its lows and has recovered over 57 paise. 
Buying counters are buzzing in the afternoon trade, with gains seen in FMCG, metals, pharmaceuticals, and energy names. The Nifty Midcap index is back in the green as well, up over quarter of a percent. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 911117996

Rupee At Fresh Low vs US Dollar; Plunges 17 Paise In Early Trade

The Indian rupee plunged to a fresh low of 72.8675 against the US dollar, falling 17 paise in opening trade on Wednesday. The rupee opened at 72.75 and slipped to a new low of 72.87/$, down 17 paise from its Tuesday’s close at 72.6950 vs dollar, Bloomberg data showed. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Tuesday, 11 September 2018

Rupee Recovers Mildly, Opens 15 Paise Higher At 72.30 Per US Dollar

The rupee opened on a positive note on Tuesday, recovering almost 15 paise to open at 72.2962 against the US dollar. The domestic currency had tumbled nearly 93 paise to a fresh record low of 72.6738 against the greenback during afternoon trade on Monday, before staging a mild recovery to close trade at 72.4450, Bloomberg data showed.For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Monday, 10 September 2018

Indian Rupee Opens At Fresh Record Low Of 72.18 Per Dollar; Down 45 Paise

The Indian rupee opened at a fresh record low of 72.18 per dollar on Monday, down 45 paise from previous close 71.73. On Friday, rupee consolidated in a narrow range and appreciated marginally against the US dollar, ahead of the important non-farm payrolls number that showed the US economy added 201,000 jobs in August, said Motilal Oswal. On the other hand, unemployment rate fell to 3.9% in August compared to 3.8% in the previous month. The dollar rose against its major crosses following robust jobs number that strengthened prospects that the Federal Reserve would consider raising twice rate this year. Today, USD-INR pair is expected to quote in the range of 72.05 and 72.50, it added. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Friday, 7 September 2018

Nifty FMCG Index In The Green; Dabur, HUL Among Top Gainers

FMCG stocks were trading in positive territory in afternoon trade on Friday, keeping the sectoral index up. The Nifty FMCG index was trading 0.47 per cent up at 31,305. Equity benchmarks Sensex and Nifty were showing rangebound movement amid lower Asian cues even as the rupee recovered from its earlier lows. 
The NSE Nifty50 index was up 33 points at 11,570, while the BSE Sensex was up 56 points at 38,299. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Indian Rupee Opens Marginally Higher At 71.95 Per Dollar

The Indian rupee opened marginally higher at 71.95 per dollar on Friday versus 71.99 Thursday. Yesterday the Indian currency settled at 71.99 per US dollar, down 24 paise from the previous close of 71.75, after hitting a fresh record low of 72.10 intraday Thursday. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Thursday, 6 September 2018

Nifty Resumes Uptrend, Sensex Rises Over 100 Points Amid Weak Rupee

The Sensex is up 117.22 points or 0.31% at 38135.53, while the Nifty is higher by 27.40 points or 0.24% at 11504.40. The market breadth is positive as 1,356 shares advanced, against a decline of 1,147 shares, while 152 shares were unchanged. The rupee has fallen over 3 percent in the past one month. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Rupee Recovers 9 Paise Against US Dollar In Early Trade

The rupee Thursday recovered from its all-time low by rising 9 paise to 71.66 against the US dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US currency by exporters and banks. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Wednesday, 5 September 2018

Indian Rupee Opens Higher At 71.40 Per Dollar

The Indian rupee opened higher by 18 paise at 71.40 per dollar on Wednesday versus previous close 71.58. Yesterday the rupee plunged by 37 paise to end at a record low of 71.58 against Monday's closing 71.21 per dollar. Rupee continued its record fall for the fifth straight session against US dollar. On Tuesday, rupee managed to open on positive note but after witnessing wide swings, it finally closed at its historic low of 71.58. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Tuesday, 4 September 2018

Sensex Falls 100 Points; Nifty Falls Below 11,550

The Sensex is down 145.64 points or 0.38% at 38166.88, and the Nifty down 61.50 points or 0.53% at 11520.90. The market breadth is negative as 695 shares advanced, against a decline of 1,948 shares, while 145 shares were unchanged. Infosys, TCS, and HCL Tech are the top gainers, while Asian Paints, SBI, UltraTech Cement and Grasim have lost the most. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

Asian Shares To Come Under Pressure From Trade, Emerging Markets Worries

Asian shares fell in early trade on Tuesday, amid growing concerns over escalating international trade disputes and as emergency austerity measures in Argentina highlighted turbulence in emerging markets. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 per cent after European shares ended mostly flat, though a weak British pound helped to lift London's blue-chip FTSE almost 1 per cent. Japan's Nikkei slid 0.3 per cent and Australian shares were 0.2 per lower. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961

Monday, 3 September 2018

Sensex Marginally Off Its High Point, Nifty Manages To Hold 11,700

Shares are marginally off their high points, but the Nifty is managing to hold 11,700. The Sensex is trading above 38,700-mark as well. The Sensex is up 79.67 points or 0.21% at 38724.74, and the Nifty up 23.20 points or 0.20% at 11703.70. The market breadth is positive as 1,461 shares advanced, against a decline of 860 shares, while 108 shares are unchanged.
The Bank Nifty is trading flat with a negative bias, while all other sectoral indices are trading in the green. IT, metals and pharma have extended their gains, while, autos are trading higher too. Energy stocks are seeing some weakness, with the Nifty energy index falling 0.2 percent. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961