Precious metals and base metals are expected to witness downside pressure in today's trade on the back of a stronger dollar coupled with weak global market sentiments. Although the day opened with upbeat market sentiments in the morning.....
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Nymex crude oil prices declined by 1.8 percent today on the back of expectations of rise in US crude oil inventories coupled with increasing Greece political turm oil. Additionally, strength in dollar index also exerted downside pressure on prices......
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Nymex crude oil prices gained by 0.3 percent today on the back of expectations of rise in US consumer confidence index coupled with concerns over Iran's nuclear program. Additionally, a weaker dollar index also helped upside in prices of the commodity......
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http://commodity-intraday.blogspot.in/2012/05/mcx-copper-tips-and-crude-updates-for.html
Nymex crude oil prices declined 0.7 percent taking cues from unfavorable data from the major economies coupled with strength in the DX. In the Indian markets crude prices gained 0.7 percent on account of depreciation in the Indian rupee and were hovering around Rs.5003/bbl till 4:30p.m today...
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A couple of key elements threaten to shake up the market this week like a Colt 45 Magnum barrel lined up to your brain. Perhaps the most threatening of those is the geopolitical standoff between Russia and the West, with Ukraine held hostage in between
The market extended its southward journey for the second trading session of the October month with the Sensex falling 296.02 points or 1.11 percent to 26271.97 on Tuesday. The Nifty closed way below the 7900, down 93.15 points or 1.17 percent to 7852.40. About 1120 shares advanced while 1762 shares declined on the BSE. Hindalco Industries, Sesa Sterlite, Cipla, Dr Reddy's Labs, HDFC, DLF, Jindal Steel and Cairn India were top losers, falling 3-6 percent while NTPC, Gail India and Power Grid bucked the trend, up 1-1.5 percent followed by Tata Motors, Wipro and Tata Power with marginal gains.
Today Stock Tips
Kitex Garments Limited for long term buy
Cmp:338rs
Target:475rs
Return percentage:40%
Duration:9-12 months
5 year CAGR return expected:25-30%
5 year target potential range:1031rs-1254rs
Kitex Garments Ltd manufactures toddler wear for most of the international brands such as MotherCare, Toys R Us, Gerber etc and is ranked as the third largest company of such type in the world.Company also supplies to jockey.Group employees to over 8000 peeps.It is the only company in the world which uses Acutex 1 quality of input.Add up more safety features like 100% certified safe process and organic dyes using threads from the number 1 codes etc which makes it the most favorable supplier for infant clothes.The company has to its credit the Best Vendor Award from Toys R Us and Gerber for the past couple of years(among over 280 rivals).
The market extended its southward journey for the second trading session of the October month with the Sensex falling 296.02 points or 1.11 percent to 26271.97 on Tuesday. The Nifty closed way below the 7900, down 93.15 points or 1.17 percent to 7852.40. About 1120 shares advanced while 1762 shares declined on the BSE. Hindalco Industries, Sesa Sterlite, Cipla, Dr Reddy's Labs, HDFC, DLF, Jindal Steel and Cairn India were top losers, falling 3-6 percent while NTPC, Gail India and Power Grid bucked the trend, up 1-1.5 percent followed by Tata Motors, Wipro and Tata Power with marginal gains.
Today Stock Tips
Kitex Garments Limited for long term buy
Cmp:338rs
Target:475rs
Return percentage:40%
Duration:9-12 months
5 year CAGR return expected:25-30%
5 year target potential range:1031rs-1254rs
Kitex Garments Ltd manufactures toddler wear for most of the international brands such as MotherCare, Toys R Us, Gerber etc and is ranked as the third largest company of such type in the world.Company also supplies to jockey.Group employees to over 8000 peeps.It is the only company in the world which uses Acutex 1 quality of input.Add up more safety features like 100% certified safe process and organic dyes using threads from the number 1 codes etc which makes it the most favorable supplier for infant clothes.The company has to its credit the Best Vendor Award from Toys R Us and Gerber for the past couple of years(among over 280 rivals).
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