Soyabean yesterday we have seen that market has moved 1.08% on good spot demand and expecting area under soybean may fall this year as it gave lower returns than cotton and pulses last year. In the Indore spot market, soybean rose by 15 rupees to 1,909 rupees per 100 kg. Market has opened at 1943 & made a low of 1943 versus the day high of 1969. The total volume for the day was at 77850 lots and the open interest was at 129850.Support for soyabean is at 1946 below that could see a test of 1932. Resistance is now seen at 1972 above that could see a resistance of 1984.
Mentha oil July contract gained Rs 4.4 and settled at Rs 703.2 a kg on buying suppor
Pepper August delivery gained Rs 516 and settled at Rs 19893/quintal on robust local demand, lim
Guar yesterday we have seen that market has moved 0.84% on good demand for guar gum from overseas countries amid a supply shortage. Demand from oil drilling companies is good. Exports may be better this year. In the Jodhpur spot market, guar seed slipped 15 rupees to end at 2,401 rupees per 100 kg. Market has opened at 2508 & made a low of 2489 versus the day high of 2530. The total volume for the day was at 362040 lots and the open interest was at 189590.Now support for the guar is seen at 2497 and below could see a test of 2473. Resistance is now likely to be seen at 2538, a move above could see prices testing 2555.
U.S. nickel exports fell 45.8% in May from the previous month, but was up 128.9% from the previous year, the Commerce Department reported. Nickel has touched a low of Rs 904.1 a kg after opening at Rs.913, and last traded at Rs 905.For today market is looking for the support at 897.5, a break below could see a test of 890 and where as resistance is now likely to be seen at 919.1, a move above could see prices testing 933.2.
U.S. zinc exports rose 96.4% in May from the previous month, and was up 154.6% from the previous year, the Commerce Department reported. Zinc yesterday we have seen that market has moved -0.88%. Market has opened at 86.05 & made a low of 84.8 versus the day high of 86.6. The total volume for the day was at 23392 lots and the open interest was at 6920.Now support for the zinc is seen at 84.5 and below could see a test of 83.7. Resistance is now likely to be seen at 86.3, a move above could see prices testing 87.3.Geojit Investments has initiated an Accumulate view on Tanla Platforms Limited, arguing that the company remains well placed to benefit from strong industry tailwinds and steady ex
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Motilal Oswal Financial Services has issued a BUY recommendation on Poonawalla Fincorp, underpinned by improving asset quality, calibrated growth in retail lending, and a strengthened balance sheet
ICICI Securities has reiterated a BUY call on ICICI Lombard General Insurance, underscoring a compelling risk-reward equation driven by consistent earnings growth, improving sector
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JSW Infrastructure is entering a decisive growth phase as capacity expansion, logistics integration, and strategic international partnerships begin to reshape its long-term earnings trajectory.
ICICI Securities has reiterated a BUY recommendation on Aditya Infotech, setting a target price of Rs 1,850, implying an upside of roughly 15% from the current mar
Motilal Oswal Financial Services has reiterated a BUY recommendation on VA Tech Wabag, highlighting strong order inflows, robust revenue visibility, and improving profitability out
Main Regional Stories
Anand Rathi Research has reiterated a BUY recommendation on Hindustan Copper Limited with a revised 12-month target price of Rs650, compared with the current market price of around Rs527.
The rapid rise of artificial intelligence tools has led many investors to experiment with ChatGPT as a way to forecast cryptocurrency prices, particularly for assets like Bitcoin and Ethereum.
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BlackRock has taken a decisive step in reshaping institutional access to Ethereum by launching the iShares Staked Ethereum Trust (ETHB) on Nasdaq, a product designed to capture both price appreciation and the blockchain’s native staking rewards.
