Wednesday, September 4, 2013

Economic Times Updates for 5th September,2013

Economic Times Updates for 5th September,2013

Business Standard
ؠ Nothing new in S&P warning of downgrade: Raghuram Rajan, RBI Governor
ؠ 'GDP growth may slip below 1-2% if CAD halves'
ؠ Gold buyers rush to order now import rules are clear
ؠ JSW Steel, JSPL to bid for Stemcor's Indian assets
ؠ TCS wins multi-year project from Macau telecom co
ؠ Insurance bill to be taken up in winter session: FM
ؠ Exporters can re-book 50% of cancelled forwards: RBI
ؠ Banks won?t need RBI nod for new branches: Rajan
ؠ PFRDA bill passed, to speed up social security platform
ؠ India to ask US for orderly exit from QE at G-20
ؠ RBI to offer banks a window to swap fresh FCNR (Banks) deposit dollar funds
ؠ Govt may slap anti-dumping duty on a bulk drug from EU cos
ؠ RBI permits urban co-operative banks to undertake short-selling of govt bonds

Business Line
Mint
ؠ Order for bringing FMC under Finance Ministry expected
ؠ SEBI to follow international body?s guidelines on monitoring depositories
ؠ WDM witnesses trade worth Rs 3,721.70 cr on NSE
ؠ MCX-SX cash segment turnover up 4.25% in August
ؠ Govt identifies areas for growth of electronics
ؠ CESC arm synchronises 300 MW Maharashtra power plant

ؠ Shares gain, gold falls as Syria strike looks limited
ؠ Now, Moody?s warns on India?s sovereign rating
ؠ BMW may export bikes developed with TVS Motor
ؠ Tata Motors to launch diesel Nano car by end of March
ؠ Future Group in talks to sell 65% stake in ACK Media: report
ؠ Jet Airways increases fares by steep 25%

Financial Express

Financial Chronicle
ؠ Raghuram Rajan takes charge as new RBI Governor, unveils 'big package', vows more
ؠ Reliance Industries on track to invest over $24 bn in key projects by 2017
ؠ Hiring express slows down as economy runs out of steam, layoffs at GVK, GMR, DLF
ؠ RBI intervenes aggressively to support faltering rupee
ؠ Indian private debt placements up 11% in April-June quarter
ؠ Services activity shrinks again in August, weakest since 2009

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Tuesday, September 3, 2013

Economic Times Updates for 4th September,2013

Economic Times Updates for 4th September,2013


Business Standard
ؠ S&P: Chances of India downgrade higher
ؠ India's external debt profile deteriorates: RBI report
ؠ Daily circuit limit on Sensex, Nifty from October 1
ؠ Missile test in Mediterranean not linked to Syria: US
ؠ 'Indian investors optimistic about global economy'
ؠ Global factory activity highest since June 2011 - PMI
ؠ West Asia war fears, S&P warning wound markets
ؠ Govt clears 17 FDI proposals worth Rs 993 cr
ؠ Microsoft to acquire Nokia's handset business for $7.2 bn
ؠ RIL considers rewarding shareholders again
ؠ Banks must avoid upfront disbursal of home loans to builders: RBI
ؠ Gujarat Gas, GSPC sign MoU for long term gas supply

Business Line

Mint
ؠ Raghuram Rajan to take over as RBI Governor on Thursday
ؠ GAIL pipeline could cause unrest: TN
ؠ WDM witnesses trade worth Rs 3,346.98 cr on NSE
ؠ NCDEX seeks govt intervention to maintain quality of pepper
ؠ Rangarajan for steep increase in diesel prices
ؠ Bhutan rolls out red carpet for Indian IT industry
ؠ Reliance Industries eyes oil blocks in Venezuela
ؠ NSEL crisis: Working groups to submit reports on 12 Sept
ؠ Banks barred from financing ?innovative? housing schemes
ؠ Obama presses Congress as Syria refugee crisis mounts
ؠ Auto sales continue decline in Aug, outlook remains muted
ؠ Re plunge prompts Mangalore Refinery to embrace Iran

Financial Express
Financial Chronicle

ؠ NHAI sees red on road ministry?s tough norms for premium rejigging
ؠ NSEL defaults on 3rd pay-out: Members pay Rs 15.4cr vs Rs 174cr
ؠ stocks hit 52-week low amid market crash
ؠ C Rangarajan shocks, says 'adjustment' in Indian Re called for
ؠ GoldSachs cuts FY14 GDP forecast to 4%; sees Re at 72/$
ؠ Sensex down over 651 points as Re falls past 68
ؠ BNP upgrades MphasiS to buy from hold
ؠ India needs strong framework for fin conglomerates: IMF
ؠ CoalMin sets another deadline; asks CIL to sign FSAs by 6/9
ؠ India Inc raises $3.71b in July via ECB, FCCB route

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Friday, August 2, 2013

Market Support & Resistance for Currency for 5th August,2013

Market Support & Resistance for Currency for 5th August,2013

USDINR:

S3 : 60.39
S2 : 60.60
S1 : 61.03
PIVOT : 61.24
R1 : 61.67
R2 : 61.88
R3 : 62.31

EURINR:

S3 : 79.87
S2 : 80.14
S1 : 80.65
PIVOT : 80.92-
R1 : 81.44
R2 : 81.70
R3 : 82.22

GBPINR:

S3 : 91.26
S2 : 91.71
S1 : 92.44
PIVOT : 92.89
R1 : 93.62
R2 : 94.07
R3 : 94.80

JPYINR:

S3 : 60.88
S2 : 61.02
S1 : 61.28
PIVOT : 61.42
R1 : 61.68
R2 : 61.82
R3 : 62.08

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Thursday, August 1, 2013

Market Support & Resistance for Currency for 2nd August,2013

Market Support & Resistance for Currency for 2nd August,2013

USDINR:

S3 : 59.78
S2 : 60.17
S1 : 60.45
PIVOT : 60.83
R1 : 61.11
R2 : 61.50
R3 : 61.78

EURINR:

S3 : 78.94
S2 : 79.55
S1 : 79.97
PIVOT : 80.58
R1 : 81.00
R2 : 81.61
R3 : 82.03

GBPINR:

S3 : 91.20
S2 : 91.60
S1 : 92.09
PIVOT : 92.49
R1 : 92.99
R2 : 93.38
R3 : 93.88

JPYINR:

S3 : 60.12
S2 : 60.69
S1 : 61.10
PIVOT : 61.67
R1 : 62.09
R2 : 62.66
R3 : 63.07

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Tuesday, July 30, 2013

FREE MCX-SX CURRENCY 1ST SESSION CALLS: 31.07.2013

FREE MCX-SX CURRENCY 1ST SESSION CALLS: 31.07.2013

BUY USDINR (AUG) SA 61.6375 SL 61.2975 Target 61.7150 / 61.7550
USDINR (AUG) INTRADAY TREND : UP SL 60.3625
Short USDINR (AUG) SB 61.1954 SL 61.5350 Target 61.1154 / 61.0754
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Buy EURINR (AUG) SA 81.7375 SL 81.2725 Target 81.8375 / 81.8775
EURINR (AUG) INTRADAY TREND : UP SL 80.1400
Short EURINR (AUG) Sb 81.1226 SL 81.5875 Target 81.0226 / 80.9826
-----------------------------------------------------------------
Buy GBPINR (AUG) SA 93.9350 SL 93.4250 Target 94.0325 / 94.0725
GBPINR (AUG) INTRADAY TREND : UP SL 92.4650
Short GBPINR (AUG) SB 93.2575 SL 93.7675 Target 93.1600 / 93.1200
-----------------------------------------------------------------
Buy JPYINR (AUG) SA 62.8500 SL 62.5175 Target 62.9475 / 62.9875
JPYINR (AUG) INTRADAY TREND : UP SL 61.5300
Short JPYINR (AUG) SB 62.4175 SL 62.7500 Target 62.3200 / 62.2800
-----------------------------------------------------------------

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Monday, July 29, 2013

Free Currency Market Support & Resistance for 30 July,2013

Market Support & Resistance for Currency for 25 July,2013

USDINR:

S3 : 58.94
S2 : 59.14
S1 : 59.41
PIVOT : 59.61
R1 : 59.88
R2 : 60.08
R3 : 60.35

EURINR:

S3 : 78.58
S2 : 78.76
S1 : 79.01
PIVOT : 79.18
R1 : 79.43
R2 : 79.61
R3 : 79.85

GBPINR:

S3 : 90.79
S2 : 91.10
S1 : 91.48
PIVOT : 91.78
R1 : 92.16
R2 : 92.47
R3 : 92.85

JPYINR:

S3 : 60.19
S2 : 60.37
S1 : 60.68
PIVOT : 60.86
R1 : 61.17
R2 : 61.35
R3 : 61.66

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Sunday, July 28, 2013

Market Support & Resistance for Currency for 29 July,2013

Market Support & Resistance for Currency for 26 July,2013


USDINR:

S3 : 58.44
S2 : 58.58
S1 : 58.82
PIVOT : 58.96
R1 : 59.21
R2 : 59.34
R3 : 59.59


EURINR:

S3 : 77.67
S2 : 77.82
S1 : 78.10
PIVOT : 78.26
R1 : 78.53
R2 : 78.69
R3 : 78.96

GBPINR:

S3 : 89.93
S2 : 90.16
S1 : 90.57
PIVOT : 90.80
R1 : 91.21
R2 : 91.44
R3 : 91.85

JPYINR:

S3 : 9.02
S2 : 59.23
S1 : 59.57
PIVOT : 59.78
R1 : 60.12
R2 : 60.33
R3 : 60.67

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