Is Budget A Bad Omen For Indian Market?

The Indian Market is moving quite sluggish on the last day of the month and it is definitely caused by the upcoming Budget today. Many people are not trading today due to a common conception that, on the budget day market gives negative returns. Although, this Bad Omen had already started with morning trading session, where the Sensex and Nifty was trading with the respective loss of 112.93 and 48.10 points. Currently, Sensex is trading with the loss of 359.90 points and 117.55 points. With the excitement of having the Budget in their favor, Banking sector is showing high movements. Along with the Small Cap and Mid Cap Indexes, FMCG, IT and Metal Sector have also got affected by the upcoming budget and currently moving under the negative zone. In MCX Commodity Market, Silver and Crude oil are trading with the loss of 0.52% and 2.43% whether Gold has hiked up by 237 points and moving in positive zone. In Base Metals, except Aluminium all other commodities are trading with minor losses. Until now the NCDEX Commodity Market has received mixed trading and performing average with minor highs and lows.

Stock Future Investment Advice by Money-Maker

@ SELL DISHTV FUTURE BELOW 67 TARGETS 65 , 63 61 STOPLOSS 71

@ SELL UNIONBANK FUTURE BELOW 106.5 TARGETS 103.5 , 100.5 97.5 STOP LOSS 112.5

@ SELL STAR FUTURE BELOW 871.5 TARGETS 866.5 , 861.5 856.5 STOP LOSS 881.5.

 @ BUY JISLJALEQS FUTURE ABOVE 56.75 TARGETS 58.75 , 60.75 62.75 STOP LOSS 52.75

NSE F&O List Updation & RCF Joint Venture with PSU's

The NSE F&O list has been updated by adding 7 new shares today. These shares are - United Spirits, Cummins India, Tata Elxsi, KPI Technologies, PC jewelers, Granules India and Indo Count Industries. All these stocks seem to have higher movements today. Through the joint venture with other PSU's, the Rashtriya Chemicals & Fertilizers Ltd will buy the 11% stake in Sindri unit of Food Corporation of India. This deal made a big positive impact on RCF's Stock. The company has received the hike of 3.61% today. Tata Steel has left its Sheeshgarh based Iron Ore Mine, which is gonna affect the companies Bastar Plant. The Tata Steel's stock hasn't much acted till now but keeps possibilities for higher movements.

Thursday Morning News with Hot Stock Updates

Thursday trading Session gave bit paced opening to the market. After a surprising recovery of the American Market on Wednesday, Asian Market is performing average today. Rupee opened with the hike of 9 paise at 68.47 against the Dollar. NSE Banking and Energy Sector are moving under the loss. BSE IT, Banking and Auto Sector have received major loss, whether Metals, Healthcare and FMCG are performing well and holding the market. In hot stock updates, GVK Power and Infrastructure is talking to Sajjan Jindal Groups to sell its airport estates. After taking a big jump, company stock is currently trading at 6.89 with the gain of 2.84%. Reliance Power has got the approval to increase the tariff and along with this approval, CERC ordered them to give compensation of 347 crore rupees. The company stock is moving up with the hike of 2.05%.
The SDR conversion package of IVRCL has got approval from the Joint Lenders Forum. Now they will get the 51% stake of the total revenue of Lenders company. This news made a big positive impact on IVRCL stock as they are currently up with the hike of 7.12%. Expert advice to invest here for higher returns.

Soybean price and Soy oil prices declined

Soybean prices future declined on weak demand 

In NCDEX, Soybean March futures yesterday opened on flat note and it traded down for most part of the day. The prices continued to decline yesterday due to fall in demand for soybean amid record low soy meal exports and lower crush margin. For today we continue to be on bearish side due to weaker demand scenario of soybean in the domestic markets. Decline in soy meal exports and lower crush margin is expected to weigh on the prices. 

Soy oil prices declined on higher supply 

Refined Soy oil March futures at NCDEX platform yesterday opened on a negative note and it traded down throughout the day. The prices closed down yesterday tracking negativity from domestic soybean prices and also overseas market. The Ref. Soy oil future prices may continue trading on a weaker note, today. Higher supplies of imported soy oil in the domestic market are expected to rise which may pressurize the prices. 

Indian Market Under Big Fall, Gold & Silver Boosted Up

Although, The Indian Domestic Market made a nice opening in the morning today, but the market didn't take much longer to fall into the negative zone and ended up in a very badly. The Indian Market was weakened by increased market selling and weak global signs. Except, Asian Paints Most of the Sensex and Nifty stocks ended up with loss. The top benchmark index Sensex closed at 23410.18 after losing 378.61 points and Nifty closed at 7109.55 with the loss of 125 points. The MCX Commodity Market is also facing the same situation. Except, Gold Silver and Mentha Oil all other base metals are trading with negative signs. In major base metals, Gold is moving up with the hike of 188 points, Silver is moving up with the hike of 34 points and Crude oil moving down with the loss of 32 points.

Gold price down in domestic market,

NCDEX Tips 

Gold price fell by Rs 60 in the second day of the trading session, the price came to Rs 28910 per 10 gm. The price dropped to Rs 340 in two days.

Silver in the recovery trend, the Silver price rose by Rs 150  came to Rs 37250 per Kg.

Due to lower demand in domestic market, Gold has declined and not benefited by strong global cues.  

Asian Market Down, Spice Jet & Gayatri Projects Hiked Up

On the last trading day of this week, due to the increased sell in the American Market, Asian Market opened with loss. The Japanese Benchmark Index Nikkei 225 dropped by 300 points (2.17%) in the morning trade. Except Cospi, all other Asian Indexes are moving with red sign. The Indian Benchmark Sensex is currently trading at 23647.30 with the loss of 1.92 points and Nifty is trading at 7190.25 with the loss of 1.50 points.

The shares of Auto, Infra, Pharma, Metal, Capital goods are getting sold, which is pushing on the pressure on Indian Stock Market. Nifty's Metal Index received the drop of 1%, Pharma Index by 0.6% and Auto Index by 0.5%. 

Due to the increased traveling passengers in January, the record load factor of Spice Jet has been increased by 92.1%. This announcement made a positive impact on Spice Jet. Currently, Spice Jet is trading at 68.75 with the hike of 4.64%. Gayartri Projects made an agreement with Telangana Power for the production of 570 Megawatt electricity for next 8 years. Gayatri Stock took a big jump after receiving this contract. According advice to invest in these stocks for higher returns.

Stock Future Trading Calls for tomorrow By Moneymaker Indore

@ Buy HEROMOTOCORP future above 2630 targets 2660, 2690 Stop Loss 2585.

@ Buy HINDUNILVR Future above 835 targets 845, 855 stop loss 820.

@ Buy AJANTPHARM future above 1285 targets 1300, 1315 Stop Loss 1262.5

 @ Buy INFY future above 1130 targets 1142 , 1154 Stop Loss 1112.

Market News on S & P in Action, HCL New Contract & BPCL Kerala Approval

In Wednesday Morning Session, Rupee opened at 68.49 with the loss 12 paise against the Dollar. After this drop, Rupee went down to the lowest of the last 2 years.

The rating agency S&P is planning to downgrade the government banks due of their debts. S&P have put the Indian Overseas Bank on credit watch and thinking to negative the rating of Bank of India, while continuing the negative outlook on Syndicate Bank. After this news, Indian Overseas Stock received a big fall and currently trading at 22.70 with the loss of 4.62%. The present status of Bank of India is not much different from other Government banks. However, it is moving down with the loss of 2.63%.

HCL Tech has got the biggest outsourcing contract with the Swedish car manufacturer company Volvo. The deal is worth 1.8 Billion Dollar. Although, the company stock is currently moving in negative zone with major possibilities to rise up in near future.

Bharat Petroleum Corporation Limited has got the Environmental approval for the 337 crore Rupees pipeline contract in Kerela. This news made a big positive impact on BPCL stocks and experts advice to invest here for higher returns.  

MCX Crude Oil Trading Strong Updates by Money Maker Financial

Crude Oil rallied strongly today. Estimates of production cuts at the beginning of Crude in the international market was bouncing around 5 percent. But in Doha, Saudi, Russia and Venezuelan oil ministers meeting early gains after crude oil have been reduced.

 In the meeting it was agreed on the fact that the three countries will increase from the current level of Crude production. Production cuts has not yet been spoken. Yesterday's meeting in Tehran with Iranian Oil Minister. After the meeting, Saudi Arabia's oil minister said that crude oil prices will not interfere in any way, will determine the market price of Crude.

Money Maker Research Intraday Cash Tips

Commodity Jeera prices hits 2% upper circuit on lower supply in the spot market

Jeera futures continued to trade higher tracking reports of crop damage in Northern Gujarat due to disease and on concerns on yield due to lower moisture levels. Jeera Mar contract closed the day at Rs.14705 per quintal, higher by 1.87% from its previous close.

According to our sources, a disease has affected plant and 5% damage is expected on output. Spot markets are trading higher taking positive cues from the futures market.

 Advice: Our research team Advice Sold Agri Jeera around 14,700 march Contract targets 14500, 14300 stop loss 14911.

Stock and Commodity Updates for Today

On Wednesday Morning Session, Indian Stock Market opened with the negative sign. The top Indian Benchmark Indexes are moving down with the loss around 0.75%. Currently, BSE Sensex Live at 23819.24 with the drop of 201.74 points & NSE Nifty Live at 7230.65 after dropping by 67.55 points. Auto, Banking, Real Estate and Pharma Indexes got struck down by current market condition after dropping by 1.5%. IT and MNC's Sectors are holding the market with the lead of 0.5%. In such a critical situation, few companies like Bata India, Lupin, NTPC, Gale India and LIC Housing Finance keeps big chances to give profitable returns.

In MCX Commodity Market, Gold and Silver both are moving down with the loss. In MCX, Gold April contract is trading at 28280/10 gram with the loss of 160 rupees & Silver March contract is trading at 36820/10 kilo with the loss of 424 rupees. Crude oil is moving on an average with the minor loss of 14 points with less expected movement.

Equity & Stock Future Premium Calls By Money Maker

Dear Trader today Our Research team have generated big momentum calls for intraday, so you can Watch our Advices.

ZICOM: You can Sell ZICom around 75 with 5000 to 8000 share targets 73.50 stop loss 78.

 HINDALCO: Sell HINDALCO future around 67 with in 5 to 10 lot targets 65.85 with in stop loss 67.6.

Commodities trading updates

Crude oil is volatile today, the price fell in domestic market but it is trading with a gain in the global market. Brent crude reached to 34.5$ while NYMEX crude is looking above 31$.  

At MCX Crude Oil is trading near Rs 2087 slipped more than 3%.while Natural gas is trading with a gain near Rs 143.90. 

Gold is trading above 9 months above level, taking the support of weak INR in the market. At MCX, the Gold is trading at Rs 27831.00 with 1. 12% gain and Silver is trading at Rs 464 with gain of 1.30%.   

Commodity Bullion Tips by Money Maker Research 

Why MCX Gold Rose 8 Percent in Week @ Updates Money Maker

Gold on MCX Trading 5 month upper levels. Intentional market also is seeing boom and broken 3 month Record. By the Support of international market MCX Gold Continue jump to upper levels. However, increasingly looks slightly subdues strong. In silver today after yesterday's sharp business is extremely small in scope. MCX Gold is trading around Rs 27,530 were flat. While Silver around Rs 35,850 with a marginal gain of 0.1 percent seems.

Sell MCX Gold April around 27,550 to 27,520 Targets 27460, 27410 Stop Loss 27591.

MCX Crude Oil Boom Ceased Now @ Updates By Money Maker

Last week, a rise in crude oil has today brakes. However, despite the decline of two per cent Brent still above 35 dollar, while Nymex crude has come down to 33 dollar. The sharp decline in China's manufacturing data, while South Korea's exports fell at the 2009 level. The Asian countries have deepened fears of a slowdown in the economy.

By the Support of international Market MCX Crude oil also Seeing Red Signal, Currently it is trading around 2,250. And We are Expected Crude may fall around 2,100 level again.

@@ All trader can Sell MCX Crude oil around 2,300 to 2,250 for february contract targets 2,100 with in Stop Loss 2351.