According to the reports, the American College of Physicians is calling for a comprehensive U. S. strategy to control tobacco use, rather than the current piecemeal state action.
Natural gas ended weak but recovered most of its losses lifted by expectations fo
Jeera July contract dropped Rs 271 and settled at Rs 12730 a kg on profit-booking after prices rose nearly 9 percent in the last eight sessions. Local demand has come down as traders fear a further fall in prices. At Unjha, the benchmark spot market in Gujarat, jeera fell 117 rupees to end at 12,764 rupees per 100 kg. The contract made intraday low of Rs 12650 a kg and high of Rs 12950 a kg. Support for jeera is at 12603 below that could see a test of 12477. Resistance is now seen at 12903 above that could see a resistance of 13077.
Turmeric yesterday we have seen that market has moved -1.62% on sluggish spot demand and on hopes of a revival in the monsoon, which may boost sowing. Buyers are waiting for further correction in prices on hopes of higher acreage this year. In Nizamabad spot market, turmeric dropped 175 rupees to end at 14,683 rupees. Market has opened at 14440 & made a low of 14196 versus the day high of 14452. The total volume for the day was at 7845 lots and the open interest was at 9905.Support for turmeric is at 14147 below that could see a test of 14043. Resistance is now seen at 14403 above that could see a resistance of 14555.
Chana gained Rs 13 and settled at Rs 2262 per quintal on buying interest at lower levels supported by a decline in daily arrivals in the spot market. Demand for chana dal usually picks up in the rainy season. In Delhi spot market, chana fell 8 rupees to end at 2,200 rupees per 100 kg. The volume was noted at 97740 lots. Support for chana is at 2235 below that could see a test of 2209. Resistance is now seen at 2275 above that could see a resistance of 2289.
Soyabean yesterday we have seen that market has moved -0.9% due to a drop in export prices of meal, higher stocks and weakness in overseas markets. In the Indore spot market, soybean fell by 19 rupees to 1,890 rupees per 100 kg. Market has opened at 1930 & made a low of 1914 versus the day high of 1933. The total volume for the day was at 28780 lots and the open interest was at 99780.Support for soyabean is at 1912 below that could see a test of 1903. Resistance is now seen at 1931 above that could see a resistance of 1941.Indian markets were trading positive on Friday and NSE Nifty touched all-time highs on investor optimism.
News in Focus
Taiwan Semiconductor Manufacturing Company (TSMC) has shattered expectations with a record-setting third-quarter profit, lifted by explosive demand for artificial intelligence chips that continue t
Motilal Oswal Financial Services Limited has suggested a Neutral Call on BSE Limited with a target price of Rs 2,250 for the next one year.
Prabhudas Lilladher has reaffirmed its BUY rating on Tata Consultancy Services (TCS), setting a target price of Rs 3,800.
Romania has achieved a landmark milestone in its digital transformation journey, being selected among the first six European Union countries to host cutting-edge AI Factory centers under the EuroHP
Indian markets were trading firm on Friday as global market sentiment has improved. US markets closed near their all-time highs on Thursday and Futures trading was slightly positive this morning.
Main Regional Stories
Axis Securities has issued a BUY recommendation for Star Cement Ltd, citing robust capacity expansion and strong market positioning in the Northeast and Eastern regions.
Infosys, HCL Technologies, TCS, Tech Mahindra and other technology stocks witnessed sustained buying in today's session. Indian markets faced selling pressure towards the end of the trading session.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has made a transformative $2 billion investment in Polymarket, marking one of the largest funding rounds in the history of prediction market platforms.
