Market Calls

Election key for mkt; 25bps rate cut seen in June: IIFL   

18 May 2013, 4.16 pm  |  Source: CNBC-TV18

The market would be keenly watching elections for further direction, says Amar Ambani of IIFL. He sees a rate cut of 25bps in June however adds that t...

No asset class is risk-free: Axis Cap's Nandan Chakraborty   

18 May 2013, 3.19 pm  |  Source: CNBC-TV18

Property, gold, stocks – every asset class has been through highs and lows. Even though gold and property may seem the perfect investment in the pre...

Hedge funds sell gold after propping mkt a month ago  

18 May 2013, 12.37 pm  |  Source: Reuters

Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had ...

Sensex risks consolidation; SBI, CIL results key next week  

18 May 2013, 12.31 pm  |  Source: Reuters

Earnings of Coal India, SBI, Jet Airways will be key for the week ahead for our market....

Rupee edges down tracking broad dollar gains  

17 May 2013, 10.51 pm  |  Source: Reuters

The rupee weakened on Friday on the back of a broad rally in the dollar versus major currencies, but gains in domestic shares limited a sharp sell-off...

Dollar soars, global stocks gain amid talk of Fed QE exit  

17 May 2013, 10.28 pm  |  Source: Reuters

The dollar soared on Friday against a basket of currencies, reaching a nearly three-year peak, and global equity indexes gained as speculation mounted...

Gold falls to 1-month low as Fed comments lift dollar  

17 May 2013, 10.19 pm  |  Source: Reuters

Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as speculation that the Federal Reserve may soon rein in ...

FMCG sector becoming increasingly expensive: ICICI Direct   

17 May 2013, 8.34 pm  |  Source: Moneycontrol.com

FMCG stocks have become extremely expensive after recent rallies. ICICI Direct advises to remain cautious about the sectors which is generally treated...

Focus on midcaps; Lupin-new blue chip stock: PN Vijay   

17 May 2013, 8.32 pm  |  Source: CNBC-TV18

Investors must focus on mid cap companies now as market is likely to consolidate after a huge rally and large caps may not offer similar gains as earl...

Oil gains to near $96 as investors eye US economy  

17 May 2013, 8.12 pm  |  Source: AP

Oil prices rose to near USD 96 a barrel ahead Conference Board`s index of leading indicators for the US economy. ...

Get stock-specific as mkt recoups; bet on Lupin: Experts   

17 May 2013, 7.17 pm  |  Source: CNBC-TV18

Market experts advise investors to adopt a stock-specific approach to the market which closed on a consolidatory note on Friday and bet on the experts...

MCX Silverm August contract trades lower  

17 May 2013, 4.27 pm  |  Source: Moneycontrol.com

MCX Silverm August contract was trading at Rs 43500 down Rs 310, or 0.71 percent. SILVERM prices have moved down Rs 13662, or 23.90 percent in the Aug...

MCX Goldpetal June contract declines  

17 May 2013, 4.27 pm  |  Source: Moneycontrol.com

MCX Goldpetal June contract was trading at Rs 2610 down Rs 16, or 0.61 percent. GOLDPETAL prices have moved down Rs 414, or 13.69 percent in the June ...

Silver prices today: Updates on Silver rates in India  

17 May 2013, 3.38 pm  |  Source: Moneycontrol.com

Silver rates were trading higher in major cities of India. In Mumbai market, spot silver 999 prices gained by Rs 655 at Rs 44490 per one kilogram....

Gold's fall not over yet; sell now recommend experts   

17 May 2013, 3.34 pm  |  Source: CNBC-TV18

Experts' bearishness comes on the back of the metal seeing the worst decline in a month after investors cut their exposure to bullion. Gold exchange-t...

MCX Silvermic Nov contract slips 1%  

17 May 2013, 2.42 pm  |  Source: Moneycontrol.com

MCX Silvermic November contract was trading at Rs 44272 down Rs 447, or 1 percent. So far 268 contracts have been traded. Silvermic prices have moved ...

MCX Goldm July contract trades lower  

17 May 2013, 2.41 pm  |  Source: Moneycontrol.com

MCX Goldm July contract was trading at Rs 26046 down Rs 159, or 0.61 percent. GOLDM prices have moved down Rs 3954, or 13.18 percent in the July serie...

Don't see gold touching $1,100/oz by year-end: UBS   

17 May 2013, 1.25 pm  |  Source: CNBC-TV18

In a new note to clients, Credit Suisse's Ric Deverall forecasted that gold would plunge to USD 1,100 this year and eventually to USD 1,000 within fiv...

Brent slips, stays below $104 on demand woes, firm $  

17 May 2013, 12.32 pm  |  Source: Reuters

The US economy showed fresh signs of slowing in the second quarter, with factory activity slipping in the mid-Atlantic region while groundbreaking dec...

MCX Silver July contract trading flat  

17 May 2013, 12.15 pm  |  Source: Moneycontrol.com

MCX Silver prices have moved down Rs 21779, or 33.50 percent in the July series so far. At 11:28 hrs MCX SILVER July contract was trading at Rs 43231 ...

Gold to face more selling pressure: IIFL   

17 May 2013, 11.57 am  |  Source: CNBC-TV18

Tarang Bhanushali of IIFL believes that the dollar index hitting new highs would lead to further selling in gold prices in the near-term....

MCX Gold June contract trades flat  

17 May 2013, 11.34 am  |  Source: Moneycontrol.com

MCX Gold prices have moved down Rs 6067, or 18.85 percent in the June series so far. At 11:26 hrs MCX GOLD June contract was trading at Rs 26127 down ...

Commodity bets: How to play copper, crude, gold today   

17 May 2013, 10.55 am  |  Source: CNBC-TV18

Priyank Upadhyay of SSJ Finance & Securities recommends selling copper around Rs 398 per kilogram with stop loss above Rs 402 per kilogram and target ...

Indian rupee down 21 paise against dollar in early trade  

17 May 2013, 10.07 am  |  Source: PTI

Dealers attributed the rupee's fall to dollar gains against the euro and yen overseas but a higher opening in the domestic stock market capped the fal...

F&O cues: Nifty to hover in 5800-6200, says Amit Trivedi   

17 May 2013, 9.46 am  |  Source: CNBC-TV18

Amit Trivedi of Co-Founder of Investworks.in expects markets to head higher but cautions of significant increase in volatility going forward....

Dollar slips on weak US data, world stocks flat  

17 May 2013, 9.11 am  |  Source: Reuters

The dollar fell for the first time in six sessions against the euro, which rose 0.15 percent against the dollar to trade near USD 1.2905. ...

Indian rupee opens lower at 54.85 per dollar  

17 May 2013, 9.11 am  |  Source: Moneycontrol.com

The Indian rupee opened at 54.85 per dollar versus 54.77 yesterday.The rupee is likely to continue its positive streak today supported by hopes of a f...

Rupee to continue its positive streak today: Brahmbhatt  

17 May 2013, 8.54 am  |  Source: CNBC-TV18

The range for the day for rupee is seen between 54.60-55.10/USD. Rising trade gap is putting pressure on the current account deficit and that could ca...

Bonds likely to consolidate around current levels: Dalal  

17 May 2013, 8.51 am  |  Source: CNBC-TV18

The bond market will closely watch out for the new 10-year bond announcement, we expect the cut-off around 7.25-7.30 percent, says Dhawal Dalal, DSP B...

Gold edges up, headed for worst week in a month  

17 May 2013, 8.28 am  |  Source: Reuters

Gold edged up on Friday as stock markets paused after rally, but the metal was still on track for its worst weekly decline in a month as investors cut...