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Showing posts with the label online share trading

Stock News: Metal & mining, capital goods stocks rise

Key benchmark indices once again dipped in negative zone in a quiet mid-morning session of trade. At 11:25 IST, the barometer index, the S&P BSE Sensex, was down 15.97 points or 0.05% at 29,303.13. The Nifty 50 index was down 3.10 points or 0.03% at 9,102.05. Domestic stocks struggled for direction in early trade. Key benchmark indices regained positive zone in morning trade soon after hitting intraday low in negative zone in early trade. Key benchmark indices regained positive zone in morning trade. The BSE Mid-Cap index was up 0.35%. The BSE Small-Cap index was up 0.37%. Both these indices outperformed the Sensex. The market breadth, indicating the overall health of the market, was positive. On the BSE, 1,362 shares rose and 1,074 shares fell. A total of 130 shares were unchanged. Most metal and mining stocks were in demand as copper prices rose in global commodity markets. Vedanta (up 1.21%), JSW Steel (up 2.22%), Tata Steel (up 0.63%), Steel Authority of India (Sail) ...

Worst-performing currency in Asia is back in favour Join our daily free Newsletter

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Asia's worst-performing currency is starting to come back into favour.  Malaysian assets are coming back onto the radar for global funds after they fled last November when policy makers clamped down on trading in offshore ringgit forwards to halt a currency slide. Neuberger Berman Group says the ringgit may be among the region's better performers in coming months, while an improving economy has convinced Nikko Asset Management Co to change its view of Malaysian bonds to neutral after earlier cutting holdings. 'The ringgit has a few things going for it now, Prashant Singh, Neuberger's senior portfolio manager for emerging market debt, said in an interview in #Singapore last week. 'If you look at the overall balance of payments, with the increase in commodity prices, the current account has improved. Foreign direct investment in #Malaysia has improved so that has helped. While still expecting the ringgit to weaken along with most Asian currencies against t...

A new roughly stock Chart: Chesapeake power company (NYSE:CHK) important Pivot point

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Chesapeake vitality organization (NYSE:CHK) critical Pivot factors as of 2017-04-14 (CHK inventory value as of publication: $5.89) it is a actual time view of the very important technical pivot factors for Chesapeake energy organization (NYSE:CHK) . The technical pivot factors we take a look at all surround the stock worth motion from the closing 10-buying and selling days throughout the last year. listed below are the pivots, starting with the tightest measures of give a boost to and resistance, after which shifting to the quite a lot of moving averages and annual range. There are explosive trends shaping the sector of technology at the moment and the stocks major these trends will also be recognized. tap here to learn about CML's Famed prime Picks. Chesapeake energy organization Pivot factors present value $5.89 Technical make stronger $5.85 Technical Resistance $6.32 52 Week Low $three.fifty six 10-day transferring reasonable $6.12 50-day moving moderate $5.seventy...

The merger with Cairn India to help us have a strong balance sheet: Anil Agarwal, Vedanta

Vedanta, says will bring the best of technology, people and the most sustainable and environmentally friendly way of functioning in the business of oil and gas, copper, zinc, iron ore. What can we expect going forward now from this integrated entity- Cairn-Vedanta?  We filed with the ROC, we had board meetings, all the formalities are complete. This was expected. This is a fully diversified, integrated natural resource company out of India. It is very important that in India we produce our own oil and gas, gold, silver, copper, iron ore and this company takes us in that direction. We have almost $500 billion worth imports.  We will bring the best of technology, best of people and the most sustainable and environmentally friendly way of functioning in the business of oil and gas, copper, zinc, iron ore. This merger comes at a time when you have spoken about how you want to be the next Rio Tinto or the BHP Billiton of the world and there is activism against BHP Billiton ...

Digitisation changing the face of agri sector

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Visit:  www.wealthitglobal.com Traditionally, agri warehousing industry was looked upon as an asset-heavy model which gave importance to creation of the warehousing space alone without any emphasis to efficient handling, scientific processes and management of the same. Lately, we see a shift in focus with increasing importance being attributed to systems and processes which are making agri logistics purely a services-driven sector. With a sector focused on services and better delivery modules, the players have initiated an integrated model wherein warehousing management, collateral financing and agri financing are provided under one umbrella. This has enabled the delivery of agri financing within hours of approval rather than days or months, as earlier. With the emphasis on better services and innovative delivery models, technology is set to be the key enabler for growth of this sector. There are very few integrated service providers receptive to the fact that technology ...