STOCK MARKET INTRA DAY TIPS

PREMIUM STOCK TIP : BUY ZUARI ABOVE 379 TARGET 384 WITH SL 373

ZUARI ACHIEVED TARGET  384 MARKET  HIGH IS 387.80

 

MM FUTURE POWER : TIP BUY CEAT TYRE FUTURE ABOVE 1360 TOTAL 12 LOTS WITH SL 1350

CEAT FUTURE ON FIREEEE NOW AT 1383.40

MM ELITE OPTION TIP : BUY JINDAL STEEL 130 CALL ABOVE 6.70 TARGET 7.50 WITH SL 5.80 TOTAL 12 LOTS

JINDAL STEEL 130 CALL  TG 7.50  MKT HIGH IS 7.70

Equity Market News :-IDBI Bank cuts deposit rates for various buckets

IDBI Bank hasIDBI Bank lowered interest rates on retail term deposits by 0.5 % for maturity between 31 days to up to 2 years, reported PTI. The new rates on these deposits range from 4.50 % to 6.40 %. For senior citizens, the new rates will be ranging from 4.5% to 6.90 %. All maturity buckets from above 2 years onwards to up to 20 years have been cut by 0.75 % to 6 %.

 
Senior citizens will get 6.50 % interest for all maturity buckets. On recurring deposits of regular customers, rates are slashed by 0.50-0.75 % to 6.40-6 % for 1 year to up to 10 years. For senior citizens, the recurring deposit rate is reduced by 0.5 % for 1-2 year tenure. For over 2 years to 10 years bucket, rates are down by 0.75 % each to 6.50 %.
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COMMODITY MARKET NEWS :- LME DATA UPDATE

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. Here is Todays MCX LME INVENTORY LEVEL Which contains Lme Copper, Zinc, Aluminium, Nickel, Lead & Tin.

lme 5

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Gold rises to 1-week high on weaker dollar, geopolitical worries

caddis-gif-2Gold prices hit one-week highs on Tuesday, buoyed by a weaker dollar on tepid economic data from the United States and as investors turned to safe-haven assets on worries over geopolitical tensions.

Spot gold had risen 0.2 % to $1,255.51 per ounce at 0334 GMT, while U.S. gold futures were up 0.3 % at $1,257.9.

Spot gold hit its highest since March 28 at $1,257.10.

SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, climbed 0.53 percent to 836.77 tonnes on Monday from 832.32 tonnes on Friday.

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