Base Metal Levels:

Base Metal Levels: Copper: Immediate Resistance at 450--460 Immediate Support at 410--420 Aluminium: Immediate Resistance at 150--160 Immediate Support at 135--130 Zinc: Immediate Resistance at 200--210 Immediate Support at 180 --170 Lead: Immediate Resistance 170--160 Immediate Support at 140--130 Nickel: Immediate Resistance at 1200--1250 Immediate Support at 970--9...

Gold & Silver Levels:

Gold & Silver Levels: Gold: Immediate Resistance at 38000—38500 Immediate Support at 34500—34000 Silver: Immediate Resistance at 42700--43000 Immediate Support at 41500—410...

Nifty down over 170 points; India VIX surges 14%

The Sensex is down 542 points at 36,575, while the Nifty is trading lower by 171 points at 10,826                                     Equity benchmark indices opened on a weak note on negative global...

Top buy and sell ideas

The benchmark indices closed moderately in green on August 2, but weakness continued for the fourth straight week in a row, keeping the Nifty below psychological 11,000 level. The BSE Sensex after witnessing a swing of 768 points closed 99.90 points higher at 37,118.22 on August 2 but lost 2 percent...

Rupee opens at lowest level against dollar since May 17

The rupee dived 54 paise on August 2 to close at an over six-week low of 69.60 against the US dollar. The Indian rupee slipped in the early trade on August 5 as it opened at the lowest level since May 17 against the US dollar. It opened lower by 55 paise at 70.14 per dollar on Monday...

RBI Policy: MPC likely to cut policy rate by 25 bps amid concerns of economic slowdown

 RBI Governor Shaktikanta Das said in an interview that the switch to accommodative stance in June policy review amounted to a 25 basis points cut.   Monetary Policy Committee (MPC) is expected to deliver a fourth consecutive rate cut of 25 basis points on August 7, amid concerns of...

Stock picks of the day: Nifty may trade in a 430 points range

The Nifty is trading below 20, 50 and 100-day SMA's which are important short term moving average, indicating negative bias in the short term.   On the weekly chart, the Nifty index has formed a Bearish candle with a long lower shadow indicating buying at lower levels. The index is also...

Stocks in the news: ITC, RIL, Nestle, NIIT, Coffee Day, DHFL, Union Bank, Bata India, JK Cement

Nestle India | NIIT | Coffee Day Enterprises | DHFL | Union Bank | Bata India and JK Cement are stocks which are in the news today. Results on August 5: Indian Hotels Company, Berger Paints(I), Hindustan Oil Exploration Company, KEI Industries, Vishnu Chemicals, Entertainment Network...