Browse Category: best stock advisory tips in indore

Rupee opens at fresh 9-month low; down 18 paise

Rupee opens at fresh 9-month low; down 18 paise

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The Indian rupee opened at fresh 9-month low at 68.74 per dollar on Thursday. It has slipped 18 paise versus previous close 68.56. The rupee is near to its record closing low of 68.85 per dollar, which it has tested on August 28, 2013. Dollar rally across the board is continuing. December US Fed rate hike is now certain. While Rupee has weakened sharply against Dollar, it has in fact strengthened against currencies like euro and yen. Expected, the USD-INR to trade in a range of 68.65-69/dollar for the day.

OPEC experts resume talks on oil output cut, delegates upbeat

OPEC experts discussing how to implement a plan to cut oil output are likely to reach agreement later on Tuesday, a Nigerian delegate said, a possible sign of progress in finalizing the group’s first supply-limiting deal since 2008.

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The High-Level Committee – a technical body comprised mainly of OPEC governors and national representatives who report to their respective ministers – started a second day of talks at OPEC headquarters in Vienna at about 0930 GMT.

The committee does not decide policy. It will issue recommendations to OPEC’s next ministerial meeting, on Nov. 30.

नुस्ली वाडिया ने टाटा संस को भेजा नोटिस

नुस्ली वाडिया ने टाटा संस को भेजा नोटिस

 

 

टाटा संस को नुस्ली वाडिया ने मानहानि का नोटिस भेजा है। नुस्ली वाडिया ने टाटा संस पर उनकी छवि खराब करने के आरोप लगाए हैं। उन्होंने कहा है कि उनके खिलाफ लगाए गए आरोप तथ्यहीन, झूठे और प्रतिष्ठा को ठेस पहुंचाने वाले हैं। नुस्ली वाडिया ने मांग की है कि टाटा संस सभी आरोप तुरंत वापस ले। इधर इस मामले में टाटा संस का जवाब भी आया गया है। टाटा संस ने कहा है कि मानहानि नोटिस की उन्हें कोई जानकारी नहीं है।

 

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Japan lifts tsunami warning along northeast coast after quake

 

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The Japanese government today lifted its tsunami warning for the northeast coast of the country after a powerful earthquake shook the region earlier in the day. “The tsunami advisory has been lifted,” the Japan Meteorological Agency said in a statement released at 12:50 pm (0350 GMT) on its website.

Mumbai’s new TDR policy : What is?

Mumbai’s new TDR policy : What is?

 

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Mumbai has a new Transfer of Development Rights (TDR) policy that is linked to the width of the road beside the project’s site. As per the new policy, projects on roads that are less than nine metres, will be granted no TDR benefit, while projects on roads over 30 metres wide, will get FSI of 2.5. New TDR policy: How it affects Mumbai’s real estate market The modified policy allows buying/selling of TDR across the city. Earlier, the TDR could only be sold to developments north of where it was originally generated.

 

It will also allow developers to load additional FSI to developments, in areas where the demand is high. Furthermore, a developer can generate cash flows, by transferring the development rights to a potentially larger market. “As it will take time for additional TDR to be generated from this policy, it may lead to a short-term increase in the prices of TDR that is already available for purchase.

 

The purpose of TDR is to provide a certain amount of additional built-up area, in return for the area surrendered by the land owner. Developers, hence, are disappointed with the lack of additional construction benefits, for projects located near roads with a width of less than nine metres. This new policy will only benefit big developers, who are building projects along wider roads, they opine.

L&T bags Rs 1,926 cr projects in various business segments

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Engineering major Larsen & Toubro (L&T) today said its construction arm has bagged projects worth Rs 1,926 crore across various business verticals. In the power transmission and distribution segment, it bagged orders worth Rs 571 crore. The business continued its winning streak by garnering electrification work orders under the Integrated Power Development Scheme (IPDS) and Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY) schemes of the government, it said. A major order has been bagged from Odisha Power Transmission Corporation Ltd (OPTCL) for turnkey electrification works in five circles of the WESCO utility area in Odisha.

 

Another order from Madhyanchal Vidyut Vitaran Nigam Ltd. (MVVNL), Lucknow, is for electrification works in the three tehsils of Unnao district in the state of Uttar Pradesh. Furthermore, the business has won orders from reputed customers for turnkey construction of solar PV plants in Uttarakhand and Rajasthan.

 

In building and factories vertical, it bagged an order worth Rs 514 crore for the construction of a medical college and a 500-bed hospital from Bihar Medical Services & Infrastructure Corporation Ltd, Bihar. The scope of the work includes civil, and external development.

निफ्टी 7950 के आसपास, सेंसेक्स 0.25% मजबूत

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बाजार में आज भी उतार-चढ़ाव के साथ कारोबार देखने को मिल रहा है, लेकिन राहत की बात ये है कि अब भी बढ़त बरकरार है। हालांकि दिन के ऊपरी स्तरों से बाजारों ने अपनी अच्छी खासी बढ़त जरूर गंवाई है। दिन के ऊपरी स्तरों से सेंसेक्स 200 अंकों से ज्यादा गिरा है, जबकि निफ्टी 50 अंकों से ज्यादा की तेजी गंवाई है। सेंसेक्स और निफ्टी में 0.25 फीसदी की बढ़त के साथ कारोबार नजर आ रहा है। इस समय निफ्टी 7950 के आसपास है, जबकि सेंसेक्स 25800 के आसपास है।

मिडकैप शेयरों में भी खरीदारी दिख रही है, लेकिन स्मॉलकैप शेयरों की चाल सुस्त है। बीएसई का मिडकैप इंडेक्स 0.3 फीसदी तक बढ़ा, जबकि निफ्टी का मिडकैप 100 इंडेक्स 0.4 फीसदी की मजबूती दिखा रहा है। बीएसई का स्मॉलकैप इंडेक्स सपाट नजर आ रहा है।

LME Inventory Data Today – 21/11/2016

The London Metal Exchange (LME) is the futures exchange with the world’s largest market in options and futures contracts on base and other metals. LME Inventory Reports Contains Previous Day Closing Stock of Commodities held in London Metal Exchange. Below are the Updated LME Inventory Today Report.

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Iraq To Offer Three Proposals To Implement OPEC Production Cut – WSJ

 Iraq will offer three new proposal at the upcoming OPEC meeting in Vienna to implement oil output cut, the Wall Street Journal reported on Sunday, citing Iraqi Oil Minister Jabbar Ali al-Luaibi.

 Luaibi told the Journal “Our alternatives are based on other variables and will make it easier for OPEC members to make a decision”, but he declined to give details over the proposals.

The Iraq oil ministry was not immediately available for comment.

Reuters reported last week that OPEC is moving closer towards finalizing this month its first deal since 2008 to limit oil output.

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Wall Street ends flat as financials’ rise offsets tech drop

US stocks closed little changed on Monday after rising dramatically the week before and a decline in the technology sector offset a steep rise in financial stocks as investors bet on higher interest rates. After choppy trading late in the session, the Dow ended at are cord high while the S&P 500 and the Nasdaq Composite dipped. “I think all we’re doing is trimming our sails a little from the violently positive rally we had post-election results last week,” said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.

 

The tech-heavy Nasdaq Composite has been under pressure since the November 8 election as investors poured money into sectors such as financials, industrials and energy, which are seen benefiting from President-elect Donald Trump’s policies. The financial index rose 2.3 percent, with banks including Bank of America JPMorgan providing the biggest boost. The index has risen 10.8 percent since the election on hopes of deregulation and higher interest rates. While the financial rally gained steam, the S&P technology index closed down 1.7 percent, leading the decliners. The index has fallen 3 percent since the election.

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