Tuesday, 27 November 2018

WallStreet Rallies As Cyber Monday Shoppers Log On

The Dow Jones Industrial Average rose 354.29 points, or 1.46 percent, to 24,640.24, the S&P 500 gained 40.89 points, or 1.55 percent, to 2,673.45 and the Nasdaq Composite added 142.87 points, or 2.06 percent, to 7,081.85.
Wall Street bounced back on Monday as bargain hunters returned in force after last week’s sell-off and expectations of a flurry of holiday cyber-spending drove up shares of retailers. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 26 November 2018

Rupee Opens Higher By 21 Paise At 70.46 Per Dollar

The Indian rupee gained in the early trade on Monday. It opened higher by 21 paise at 70.46 per dollar versus 70.67 Thursday. There is a major support of USDINR at 69.40 and it will respect this level and bounce back to the levels of 71.80 and 72.56. INR has under performed most of its EM peers in the last six months. This underperformance can be attributed to a concoction of worsening global and domestic factors. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 21 November 2018

Asia Stocks Drop, Oil Stymied As Growth Woes Grip Global Markets

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.55 percent. Australian stocks lost 1 percent and Japan’s Nikkei fell 1.3 percent. Asian stocks fell on Wednesday, weighed by a renewed bout of selling on wallstreet, and crude oil struggled after a sharp slide as economic growth concerns gripped global markets. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 20 November 2018

Nifty Slips Below 10,700, Sensex Falls Over 200 Pts

Benchmark indices are under pressure in the afternoon trade as Nifty slipped below 10,700 level and Sensex shed more than 200 points.
The Sensex is down 232.98 points at 35541.90, while Nifty is down 81.40 points at 10,682. About 826 shares have advanced, 1505 shares declined, and 129 shares are unchanged. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 19 November 2018

Rupee Trades Lower Against Dollar

The Indian rupee was trading marginally weaker against US dollar as traders avoided taking long positions ahead of Reserve Bank of India’s key board meeting due later on Monday. The rupee was trading at 72 a dollar, down 0.11% from its Friday’s close of 71.93. The currency opened at 71.93 a dollar. The 10-year government bond yield stood at 7.82% from its previous close of 7.816%. So far this year, the rupee has declined 11.2%, while foreign investors have sold $5.30 billion and $7.72 billion in the equity and debt markets, respectively. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Friday, 16 November 2018

Nifty, Sensex Hit More Than Four-Week High On Energy, Bank Boost

Indian shares rose to their highest in over four weeks on Friday and were headed for their third straight weekly gain, boosted by a surge in top financial and energy stocks. The broader NSE Nifty rose as much as 0.7 percent, and the benchmark BSE Sensex climbed 0.8 percent, their highest level since Oct. 17. The NSE Nifty was up 0.35 percent at 10,653.85 by 0607 GMT, while the BSE Sensex rose 0.36 percent to 35,388.33. The indexes are set to finish the week about 0.8 percent higher. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wall Street Climbs On Hopes Of Easing Trade Tensions

The Dow Jones Industrial Average rose 208.77 points, or 0.83 percent, to 25,289.27 and the Nasdaq Composite added 122.64 points, or 1.72 percent, to 7,259.03. US stocks rose on Thursday on optimism the United States and China could resolve their trade dispute, after a news report said Washington would pause further tariffs on Chinese imports. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 15 November 2018

Asia Edges Up As Oil Slide Slows; Pound, Euro Firm On Brexit Optimism

Australian stocks rose 0.15 percent while Japan’s Nikkei shed 0.5 percent. Asian stocks edged up on Thursday as a steep slide in crude oil prices which had chilled investor sentiment slowed, while the pound and euro were supported after British Prime Minister Theresa May gained cabinet support for a Br exit deal. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 14 November 2018

Wall Street Gives Up Early Gains As Energy Weighs On Stocks

Wall Street struggled for momentum on Tuesday, giving up early gains as a rebound in technology stocks and renewed hope for progress in trade talks were offset by drops in Boeing and energy stocks. Boeing Co reported a 37 percent increase in 737 deliveries in October but shares fell on concerns related to last month’s deadly crash of a 737 operated by Indonesia’s Lion Air. The stock was last down 2.6 percent, providing the biggest drag on the Dow.
Energy stocks weighed heaviest on the S&P 500, driven down after crude prices fell 7.2 percent. Technology bounced back from recent losses, edging the Nasdaq into positive territory. U.S.-China trade tensions enjoyed a reprieve as negotiations between the world’s two largest economies appeared to be making headway. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 13 November 2018

Rupee, Bond Prices Gains As Retail Inflation Eases To 13-Month Low

Indian rupee and bond prices gained on Tuesday after consumer price inflation slowed to a 13 month low which eased fears of expected rate hike in the near term. The home currency was trading at 72.72 a dollar, up 0.24% from its Monday’s close of 72.89. The currency opened at 72.79 a dollar. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 12 November 2018

Rupee Falls 26 Paise Ahead Of CPI, IIP Data; Opens At 72.76 Per US Dollar

Rupee opened on a weak note in the morning trade falling 26 paise to 72.76 per US dollar ahead of CPI and IIP data due today.  The domestic currency opened lower at 72.74 and plunged further to 72.76 against the greenback, down 26 paise over its previous close, at the Interbank forex market. The rupee climbed 50 paise to end Friday at 72.50 per US dollar as crude oil prices slipped below the USD 70 per barrel mark. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Friday, 2 November 2018

Rupee Gains Past 73 Against Dollar, Trades At One-Month High As Crude Oil Prices Continue To Fall

The rupee traded below the 73 per dollar mark today for the first time since October 1, rising over 70 paise to an intra-day high of 72.86 against the US dollar. The rupee started on a strong note today, rising nearly 30 paise against the US dollar from its previous close, after crude prices fell to seven-month lows in the global market and foreign institutional investors infused fresh capital into the domestic markets. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 1 November 2018

Sensex Down Over 100 Points, Nifty Around 10,350

Equity benchmarks are trading lower, with the Sensex down over 100 points. The Nifty is around 10,350-mark. The Sensex is down 105.55 points or 0.31% at 34336.50, and the Nifty down 36.80 points or 0.35% at 10349.80. The market breadth is positive as 1,440 shares advanced, against a decline of 768 shares, while 1,449 shares were unchanged. Yes Bank and Larsen & Toubro were the top gainers, while Infosys, Wipro, HCL Tech and Tech Mahindra lost the most.  For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961