Browse Category: Indian Stock Market Tips

Today’s Market Call Updates by Ripples Financial Advisory

PREMIUM CASH CALL-

BUY BBTC ABOVE 840 TGT 856,890 SL 816 BELOW

CASH CIRCUIT CALL-

BUY VATECH WABAG ABOVE 630 TGT 650 SL 610 BELOW

HNI CALL-

BUY FEDERAL BANK FUTURE ABOVE 90.40 TG 90.70 91.70 SL 89.40 BELOW

OPTION PREMIUM CALL-

BUY PNB 135CE ABOVE 4.60 TGT 5,6.20 SL 3.95 BELOW

Most valuable Financial Advisory with the name of accurate tips provider here invites you to trade in a financial market with risk-free work click here for more >> http://www.ripplesadvisory.com/free-trial.php

EXCLUSIVE >> FAQs of STOCK MARKET by Ripples Financial Advisory

 Q.What are value dates?

A. A value date is a day on which the transaction takes place. For foreign currency transaction, it takes T+2 days to settle the transaction. We have Four type of rates available with banks : Spot rate, Cash, Tom and Forward rate: Cash/Spot rate: Value today Tom/Spot rate: Value Tomorrow Spot rate: Value at T+2 Forward rate: Value beyond T+2 days

Q.What are Nostro and Vostro accounts?

A. A Nostro account is an account held in a foreign country by a domestic bank, denominated in the currency of that country. A Vostro account is a local currency account maintained by a local bank for foreign bank. Nostro and Vostro accounts are used to facilitate settlement of foreign exchange and trade transactions.

Q.What is an EEFC A/c?

A. Exchange Earners’ Foreign Currency Account (EEFC) is an account maintained in foreign currency with a bank. It is a facility provided to exporters, to credit 100 percent of their foreign exchange earnings to the account, so that the account holders do not have to convert foreign exchange into Rupees and vice versa, thereby minimizing the transaction costs. No interest is payable on EEFC accounts.

Q.What are the permissible Credits and Debit into this account?

A. Permissible Credits • Inward remittance through normal banking channels • Advance remittance received by an exporter • Payment received for export of goods and services from India • Professional earnings like consultancy fees, etc Permissible Debits • Payment outside India towards a permissible current account transaction • Payment of customs duty etc.

Q.How are forward premiums/discounts determined?

A. Forward premiums and discounts is an interest rate differential between two currency. If the difference between forward exchange rate and spot exchange rate of one currency is a positive value, it is known as forward premium and if it is a negative value it is known as forward discount. In other words, if the spot ‘futures exchange rate’ is higher than the spot exchange rate then it is known as forward premium and if it is lower than spot exchange rate then it is known as a forward discount.

Q.What determines forward premiums for the dollar against the rupee?

A. In USD/INR market forward premiums determined by two factors a. Interest rate differential and Demand and supply of currencies due to partial convertibility of rupee and immature money market in India.

Q.What is a foreign exchange contract?

A. An agreement made to convert one currency into another currency at a specific rate on a specific date. Forward contracts are used to lock in exchange rates (a forward rate) for a specific future date, or for a range of dates. Forward contracts are often used as a tool to eliminate the impact of adverse currency moments. A forward rate is calculated by taking the spot rate and adding or subtracting forward points. Forward rates are determined by the interest rate differential between the countries of the two currencies which are being exchanged.

For more subscribe us Free >> Free Stock Cash Tips

Gold steady near 3-1/2 month high, focus on Trump economic policy

Gold prices held steady on Friday near 3-1/2-month highs hit in the previous session amid tempered expectations of a U.S. rate hike in March and as investors awaited clarity on President Donald Trump’s economic policy.

Spot gold was mostly unchanged at $1,249.37 per ounce at 0326 GMT after hitting its highest since Nov. 11, 2016 at $1,251.14 in the previous session. The metal has gained more than 1 % so far this week. U.S. gold futures were also firm at $1,250.80.  www.ripplesadvisory.com.

Spot gold may gain more to $1,278 as it has more or less broken above a resistance at $1,249, Reuters technical analyst Wang Tao said.

“Thursday’s action showed us that gold bugs assumed that the U.S. Federal Reserve will likely stand pat in March and may not move until much later,” INTL FCStone analyst Edward Meir said.

Agriculture Minister Expects Record Rabi Crop Production On Sharp Rise In Sowing Acreage

For news on Indian Stock Market Tips,Mcx Commodity Trading Tips please visit us at http://ripplesadvisory.com or call at 9303093093.

As per latest release by Agriculture , the sowing of wheat grew by 7%, while the increase in pulses was 11% and in oilseeds it was 6% as compared to last year. As a result, we are expecting 221.4 LMT record production in pulses. Similarly the wheat production is expected to be 965 LMT.

Union Government has framed a policy to transfer the MSP directly to the accounts of farmers in a transparent manner. Government has increased the MSP of pulses and oilseeds considerably and there is steady increase in the MSP of paddy and wheat.

The minister told that during the ongoing Kharif Marketing Season a record 444 LMT of paddy has been procured from the farmers. The minister said that farmers have produced record pulses, however, there were complaints that they were not getting even then MSP for Moong and Arhar.

The Government immediately responded, first, by increasing the buffer stock of pulses from 1.5 MT to 20 LMT in order to protect farmers’ interests. Further the Government has engaged 3 central agencies viz. FCI, NAFED and SFAC to procure pulses directly from farmers which is still going on.

Gold prices steady, focus shifts to timing of US rate hikes

FREE TRIALS and more STOCKS recommendations just on one simple click  http://www.ripplesadvisory.com

Gold prices held steady on Monday, with investors looking ahead to a clutch of speeches from U.S. Federal Reserve officials later in the week for clues on the timing of possible interest rate hikes.

Spot gold had edged down 0.1 percent to $1,234.28 per ounce by 0319 GMT, while U.S. gold futures fell 0.3 %to $1,235.2. Spot gold may break support at $1,233 per ounce, according to Reuters technical analyst Wang Tao.

Gold trading range for the day is 29223-29517.Gold prices eased but notched a weekly gain as investors opted for the safe-haven qualities of bullion due to uncertainty about U.S. and European politics.Fed Chair Janet Yellen said U.S. interest rates may need to be raised in March.Holdings of SPDR Gold, have risen 5.6 % so far this month, the most since June 2016.

Silver Hits Above $18 Levels

Silver trading range for the day is 42689-43123.Silver prices ended with a loss but tallied a third consecutive weekly gain as political uncertainty continued to boost investment demand for the metal.
Silver futures managed to recover as a rebound in global Gold futures helped sentiments. COMEX Silver futures extended rally after testing a five month low under $16 per ounce. Increase in demand prospects from solar equipment industry in 2017 is triggering good bargain buying. Silver outsmarted Gold sharply last year.

Click www.ripplesadvisory.com

The white metal added about 17% in value, closing the year around $16.30 per ounce. However, retail demand in India remains lax following the Demonetization move and would take a while to rebound. India’s Silver imports also slipped by 33% to Rs 196 crores. COMEX Silver ended just above $18 per ounce levels. MCX Silver futures for March also rose near Rs 43000 per kg levels after testing lows near Rs 42K.

Aluminium futures keep head above water

Aluminium futures were trading higher during morning trade in the domestic market on Wednesday as investors and speculators build up fresh bets in the industrial metal amid increase in physical demand for aluminium at the domestic spot market.

 

Aluminium trading range for the day is 124.5-127.9.Aluminium prices gained on renewed concerns about potential closures of Chinese smelters to cut pollution.In a sign of growing public anger about pollution, hundreds of residents in a northeastern Chinese city protested against the building of an aluminium processing plant.If the proposed measures are applied this should impact a significant proportion of current China steel and aluminium output.

 Get live News Updates visit us at www.ripplesadvisory.com or One Missed Call on @98-27-80-80-90.   

At the MCX, aluminium futures for February 2017 contract is trading at Rs 126.60 per kg, up by 0.56 per cent, after opening at Rs 126.40, against a previous close of Rs 125.90. It touched the intra-day high of Rs 126.60

image001-1

Leading finance company, Muthoot Finance Ltd has informed in a filing to the Bombay Stock Exchange that the Board of Directors of the Company in its meeting held on February 13, 2017, have decided to make an additional investment in M/s. Muthoot Homefin (India) Limited (MHIL), Subsidiary Company by way of purchase of 17,00,000 equity shares of face value Rs. 10/- each at a price of Rs. 11.37/- per share aggregating to Rs. 1.93 Crs approximately from an existing shareholder.

Post the investment, Muthoot Finance Ltd. will have 88.27 per cent shareholding in MHIL. Meanwhile, shares of the company were trading at Rs 334.80 apiece, up 1.92 per cent from the previous close at 09:30 hours on BSE.

HURRY UP two days FREE TRIAL invest money make more of it click here http://www.ripplesadvisory.com/free-trial.php

J&K Bank to raise Rs 250 cr via issue of shares to state government

cs-01

J&K Bank will issue over 3.65 crore shares on preferential basis to the state government to raise Rs 250 crore. J&K Bank said the allotment to Government of Jammu & Kashmir, promoter and majority shareholder of the bank, will be at Rs 67.39 per share aggregating to over Rs 249.99 crore. “It is proposed to offer, issue and allot on a preferential basis, equity shares of the Bank for an amount not exceeding Rs 250 crore to the J&K Government,” J&K Bank said in a regulatory filing.

It said it is raising funds to meet needs of bank’s growing business, including long term capital requirements for pursuing its growth plans and to maintain its capital adequacy ratio. The bank will issue 3,65,55,051 equity shares to the state government.

 

“The preferential issue is proposed to be made to the J&K Government, the promoter and majority shareholder of the bank, who’ve conveyed their intention to infuse capital into the bank. With the preferential issue of shares, Jammu & Kashmir Government’s stake in the bank will rise to 56.45 percent from 53.17 per cent as of now.

 

Intraday Calls/Intraday Tips and FREE TRIALS just on one simple click http://www.ripplesadvisory.com/free-trial.php

Philippine Continues To Shut down Nickel mines due to environmental Regulations

According to the official announcement of the Ministry of Natural Resources and Environment of the Philippines (DENR) published there were twenty of nickel mining enterprises have been involved in final list, including eighteen enterprises have been shut down and two enterprises have suspended.

Updates Visit Us www.ripplesadvisory.com or Get Free Trials Just Give One Missed Call  9303093093.

SMM survey estimated that twenty nickel mining enterprises are required to close or suspend in 2016 total volume of about 19,85 million wet tons, it was equivalent to about 14.19 – 14.92 million tons of metal. To foresee that Philippines environmental regulation will be more strictly in 2017.