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.