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INDIAN EQUITY MARKET OUTLOOK – 16 OCT 2017

Mkts seen opening higher; SGX Nifty up 32 pts; Indian Indices: Indian benchmark indices are likely to start holiday-shortened week on positive note on Monday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and bullish trend across global peers. SGX Nifty is trading up 32 points. Driven by strong IIP numbers and

Stocks to look out for today: 16 OCT 2017

Nifty extended its rally for the second day in a row and touched new all time high level on Friday. However, the up-move was arrested near the trend line plotted from previous crucial swing highs. Moreover, unlike the Nifty, peers such as the Sensex, Mid-Cap and Small-Cap indices couldn’t imitate the move of Nifty i.e.

TOP CORPORATE NEWS- 12 OCT 2017

Cyient Q2 earnings better than estimates Cyient Q2 earnings highlights: Net Profit surges 29% at Rs109.7 crore Revenue up 6% at Rs965.4 crore EBITDA up 23.4% at Rs139.8 crore Ø Realty stocks in demand Realty stocks after Finance Minister Arun Jaitley was quoted as stating that there is a strong case to bring real estate

MCX COMMODITY MARKET NEWS & LEVELS – 12 OCT 2017

Gold Prices Gain In Asia As Fed Minutes Seen Slightly Dovish. Gold gained in Asia as the Fed appears on track for a December rate hike, but set a somewhat overall dovish tone on the track for 2018 in minutes released overnight. Federal Reserve policymakers had a prolonged debate about the prospects of a pickup

INDIAN EQUITY MARKET MORNING UPDATE – 12 OCT 2017

Mkts break 3-day gaining streak; Nifty below 10K; Indian Indices: Key benchmark markets logged modest losses in volatile trade led by slide in bank stocks. S&P BSE Sensex, fell 90.42 points or 0.28% to settle at 31,833.99. The Nifty 50 index fell 32.15 points or 0.32% to settle at 9,984.80. The Sensex and the Nifty,

MCX COMMODITY EVENING NEWS UPDATES – 11 OCT 2017

Gold Prices Lower Ahead of Federal Reserve Minutes – Gold prices were lower on Wednesday as investors awaited the minutes of the Federal Reserve’s September policy meeting later in the day, which were expected to reinforce expectations for a December rate hike. Expectations that the Fed will raise interest rates in December pressured prices lower.

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