Turmeric futures declined on fresh arrivals || Castor seed regains on short recovering

 Turmeric October futures on NCDEX declined nearly Rs. 140 per quintal on fresh arrivals in the spot market. October futures is currently trading near Rs. 6400 per quintal. We can expect a mix trend in today’s session. Prices may recover in the early trading session.

Castor Seed: Castor seed futures recovered from lower levels on short recovering. October futures on NCDEX up by Rs. 60 per quintal and closed higher at Rs. 4154 per quintal. Domestic demand may also increase this week and thus supports the prices. It may further recover up to Rs. 4220 per quintal. RM Seed declined from its higher levels and closed at Rs. 3595 per quintal. 

Today NSE Nifty cross 8000 levels @ Updates By moneymaker Experts

NSE Markets are moving constantly & Maked new high Today. In this buoyant market Nifty moved beyond 8000, the BSE Sensex crossed 26,800 for the first time.

According to Our Expert Nifty is expected to move swiftly. Nifty to 9000 levels are possible in the next budget. The recent improvement in consumer demand is a major factor behind the boom of shares is proved. The market rally further Bank, Infrastructure, FMCG, Pharma and IT stocks remain a major contribution.

Ashok Leyland sales up 17% in August:- 

The month-on-month by 6.1 per cent to the total sales of Ashok Leyland has 8331 units. Ashok Leyland units were sold in July 7847.

 

Ashok Leyland in August, 17 per cent of the total sales year-on-year is 8331 units. In August of Ashok Leyland LCV (light commercial vehicle) sales rose 14 per cent year-on unit is 2501. In August, while medium and heavy commercial vehicle sales rose 18 per cent year-on-year is 5830 units.

Stock Market continued their winning streak for the fourth straight session

 Markets continued their winning streak for the fourth straight session with the Nifty ending at a fresh record closing high. The Sensex ended 117 points higher at 26,560 and the Nifty gained 31 points to end at 7,936.The cabinet committee members will be meeting in evening today, which also drove the market higher. 

Report suggested that the cabinet may clear divestment of government’s 5 percent stake in ONGC via offer for sale (OFS) and may approve coal supply linkages to power plants. The euro is cracking under pressure on Wednesday as feverish speculation of further policy stimulus in the euro zone drove bond yields to all-time lows and lifted Asian stocks to peaks not seen in almost seven years. The rupee weakened against the US dollar and was closed at Rs 60.43. Dollar index, a basket of currencies traded against the greenback, hit 13- month high.