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Natural gas ended higher on forecasts for hot weather and expectations for increa
Jeera August contract gained Rs 491 and settled at Rs 15175 a kg on buying interest at lower levels after falling more than 3 percent in the previous session and on lower stocks. Output in Turkey and China is expected to be lower this year. At Unjha, the benchmark spot market in Gujarat, jeera fell 120 rupees to end at 14,505 rupees per 100 kg. The contract made intraday low of Rs 14451 a kg and high of Rs 15235 a kg. Support for jeera is at 14672 below that could see a test of 14170. Resistance is now seen at 15456 above that could see a resistance of 15738.
Tapan Saha, the director, is soon going to release a woman-centric movie entitled Amrita.
Turmeric yesterday we have seen that market has moved -0.3% as hopes of higher acreage and sluggish overseas inquires weighed on sentiment. Turmeric cultivation usually starts in the last week of May and continues till August and a lengthy harvesting process begins from January. Market has opened at 14822 & made a low of 14720 versus the day high of 14930. The total volume for the day was at 4510 lots and the open interest was at 8695.Support for turmeric is at 14719 below that could see a test of 14615. Resistance is now seen at 14929 above that could see a resistance of 15035.
Chana gained Rs 17 and settled at Rs 2334 per quintal on buying interest at lower levels after fallBOB Capital Markets has upgraded Kalyan Jewellers to BUY from HOLD with a target price of Rs 786, implying about 18% upside from Rs 664.
News in Focus
Featured, India Business, Analyst View, BOB Capital Markets, Bullion Update, India, Kalyan Jewellers
Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Steel Sector, Tata Steel
ICICI Securities has retained its BUY call on Tata Steel with a revised sum-of-the-parts target of Rs 230, implying 24% upside from Rs 185 over 12 months.
Axis Securities has kept its BUY call on Pricol Ltd with an unchanged target price of Rs 935, about 28% above the Nov. 5 closing price of Rs 728.
Featured, India Business, Analyst View, Auto Sector, BOB Capital Markets, India, Mahindra & Mahindra
BOB Capital Markets has retained its BUY rating on Mahindra & Mahindra but trimmed its target price to Rs 4,387 from Rs 4,530, still implying about 40% upside from the Rs 3,128 market price.
Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Retail Sector, Swiggy
ICICI Securities has maintained its BUY rating on Swiggy but cut its target price to Rs 400 from Rs 520, still implying about 90% upside from the Rs 211 market price.
ICICI Direct, the retail research arm of ICICI Securities, has maintained its BUY call on Stylam Industries with a revised 12-month target price of Rs 3,750, about 21% above the current market pric
Main Regional Stories
ICICI Direct, the retail research arm of ICICI Securities, has reiterated its BUY call on Saregama India with a 12-month target price of Rs 740, about 16% above the Rs 638 market price, after the RPSG Group music label posted a robust September qu
Featured, India Business, Analyst View, Stock Markets, BOB Capital Markets, Cera Sanitaryware, India, Mumbai
BOB Capital Markets has maintained its BUY rating on Cera Sanitaryware with a target price of Rs 6,437, implying about 34% upside from the Nov. 5 closing price of Rs 4,802.
ICICI Securities has maintained its BUY call on Power Grid Corporation of India, trimming its target price to Rs 350 from Rs 360, which implies about 35% upside from the current market price of Rs 260.
Featured, Analyst View, Futures & Options, Stock Markets, Banking Sector, ICICI Securities, India, SBI
ICICI Securities has maintained its BUY call on State Bank of India with an unchanged target price of Rs 1,300, implying about 34% upside from the current market price of Rs 970.
