On the first day of new fiscal, Indian equities open with an upward trend

On the first day of new fiscal, Indian equities open with an upward trendWith a key market index up nearly 100 points within an hour of trading on Thursday, Indian equities began trading on the first day of the new fiscal on a firm note, backed by strong cues from other Asian markets.

Opening at 17,555.04 points against the previous close at 17,527.77 points, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE) rose to a high of 17,654.79 points soon after.

With a gain of 97.88 points, or 0.56 percent, an hour into trading, the index was ruling at 17,625.65 points.

Death of a giraffe to be probed by the federal officials

Death of a giraffe to be probed by the federal officials They will investigate the death of an 8-month-old giraffe at Utah's Hogle Zoo in Salt Lake City, Federal officials have said.

The Salt Lake Tribune reported on Wednesday that the review was prompted by a request by People for the Ethical Treatment of Animals.

Jamar the giraffe was found dead in his enclosure Sunday. Jamar was standing off alone shaking when she saw the calf last on Thursday, Zoo patron Shawna Silva said.

She said "You could see his body trembling. He did not look well."

Author of Chess teaching book sent to prison for sex abuse

Author of Chess teaching book sent to prison for sex abuseDespite his protestations that he didn't sexually prey on boys interested in learning the game, a chess teacher has been sent to prison in Colorado.

Robert Snyder, 55, author of the "Chess for Juniors" book series, was given an open sentence Tuesday by Larimer County District Judge Dave Williams, the Denver Post reported on Wednesday. The newspaper also said that the sentence means he will serve at least 12 years and possibly life behind bars.

Commodity Outlook for Crude Oil by KediaCommodity

Crude OilOil rose as the euro's rise against the dollar offset U.S. government data showing crude inventory rose more than expected and gasoline stocks had a surprise build.  U.S. Energy Information Administration oil inventory report showed crude oil stocks rose by 2.9 million barrels to 354.2 million barrels last week. The increase topped the forecast for a rise of 2.4 million barrels, while gasoline inventories logged a modest but surprise gain. Now support for the crude is seen at 3717 and below could see a test of 3683. Resistance is now likely to be seen at 3774, a move above could see prices testing 3797.

Trading Ideas:

Commodity Outlook for Silver by KediaCommodity

SilverSilver rose with gold on a day the dollar softened. Technically, buying was encouraged by the ability of the silver to hold 26900 level. Now technically market is trading in the range as RSI for 18days is currently indicating 55.43, where as 50DMA is at 26001 and silver is trading above the same and getting support at 26812 and below could see a test of 26690 level, And resistance is now likely to be seen at 27048, a move above could see prices testing 27162. Spread between Silver MAY & JUL contacts yesterday ended at 206, we have seen yesterday that the silver market had traded with a positive node and settled 0.39% up. Spread yesterday traded in the range of 140 - 206.

Singer Sowmya Raoh ties up with New York based EEG Talent

Singer Sowmya Raoh ties up with New York based EEG TalentEEG, the North American Management Agency has decided to sign Sowmya Raoh, a leading Bollywood singer. EEG is a well established management company in America. They have helped South Asian artists to enter into American market and show their talent.

Sowmya made her debut in Bollywood with the film JUNGLE. Since JUNGLE (Aiyyo Aiyyo Rama), she has sung for various films including PYAAR TUNE KYA KIYA (Rhounde Hai...), COMPANY (Aankhon Mein Rahon), DUM

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