Support may limit downside in NCDEX turmeric

by www.thehindubusinessline.com
Turmeric prices, which were beaten down strongly since the beginning of the year, has been witnessing a recovery since September. The turmeric futures contract traded on the National Commodity and De...
Read Full Article On www.thehindubusinessline.com
Latest
In his first ever tweet, Goldman Sachs CEO Lloyd Blankfein condemned Trump's move stating it was "a setback for the environment and the U.S.'s leadership position in the world."
Meal kit company Blue Apron likes to say that it provides "a better way to cook." But will it provide investors hungry for good food companies a better way to trade? The public market could soon find
Trump's withdrawal from the Paris Accord will likely lead to an international boycott of American goods and of travel to the United States. Trump may quickly learned that the world won't sit idly by a
The departure of Antonio Horta-Osorio’s vastly remunerated chief spin doctor Matt Young leaves the newsworthy Lloyds chief without a spokesman. No shortage of possible replacements. 
Banking giant Lloyds has completed its acquisition of consumer credit card business MBNA from Bank of America after regulators backed the £1.9bn deal.
Reports suggest that PepsiCo is in talks to acquire All Market, the owner of popular coconut water brand Vita Coco. If a deal goes through, it will be a significant addition to PepsiCo’s increasing po
Like the proverbial canary in a coal mine, Best Buy’s experience foretells much for retail supply chains in the age of digital demand. Read on for Kevin O'Marah's insight.
Despite market regulator directives on fair compensation for shareholders to exit, who are part of the delisted company, the promoters are alleging violating the guidelines and providing meager compen
Restaurant companies are employing different methods of expansion. While McDonald’s is moving towards a 95% franchised model, 50% of Starbucks' restaurants are still company owned. The company is grow
China Telecom , the smallest of the three wireless carriers in China, has seen its wireless and wireline broadband subscriber base expand over the last few quarters, with its long-term outlook also re
The on-demand streaming space is increasingly getting crowded. While Netflix is the market leader with a 50 million+ strong user base, Amazon Prime Video is making in-roads among viewers with its huge
Deutsche Bank is reportedly in the process of exiting its retail banking operations in Poland – a move that will allow the German bank to raise some much-needed cash while also reducing its portfolio
Niyogin Fintech (formerly M3 Global Finance), a Mumbai-based NBFC, is planning to raise up to ?235 crore through preferential issue of shares to a group of marquee investors. The company will use th.
Reliance Infrastructure’s (RInfra) ?2,500-crore Infrastructure Investment Trust (InvIT) fund has been assigned AAA (triple A) rating by CARE and ICRA, indicating a stable outlook for the issue.RInfr.
Kolkata-based road company Bharat Road Network (promoted by SREI Infrastructure Finance) and Gujarat-headquartered NBFC MAS Financial Services have received approval from the Securities and Exchange.
Despite improved global cues majority of oils in Indore mandis on Thursday traded lower on weak physical demand with soy refined declining to Rs 618-20 (630-32 last week), while soy solvent ruled at
Comex gold futures edged lower on Thursday but held near the five-week highs hit in the previous session, as expectations that the US Federal Reserve will hike interest rates this month weighed on pr
Sugar market ruled weak on Thursday on back of lower-than-expected demand amid steady supplies. At Vashi prices went down further by Rs 5- Rs10 as stockists sold the commodity at lower price to manag
Prices of turmeric, including the hybrid variety dropped on Thursday due to lack of up-country demand. "Traders are buying less quantity for want of upcountry demand, while the stockists have ..
Despite improved global cues majority of oils in Indore mandis on Thursday traded lower on weak physical demand with soy refined declining to Rs 618-20 (630-32 last week), while soy solvent ruled at
The spot pepper prices continued to stay firmer on Thursday as the sellers have withdrawn demanding higher prices. High range sellers were not ready to sell below Rs 525 a kg while Pulpally and B...
Edible oils market witnessed higher volume at steady prices on Thursday as stockists came forward with fresh orders in anticipation of higher demand in the days ahead of the onset of monsoon. Firm...
Investor with short-term perspective can buy the stock of JK Tyre and Industries at current levels. Since taking support at around ?110 in late December 2016, the stock has been on an intermediate-t.
Manugraph India said that it has received a notice of strike dated May 18, 2017 from Manugraph India Ltd Employees Union regarding settlement of wage revision for bargaining employees. “Though negot.
NBCC on Thursday said it has auctioned office space in an upcoming commercial tower at Nauroji Nagar in the national capital for ?1,100 crore. The government had engaged NBCC as the implementing and.
Steelco Gujarat has commenced commercial production of a new colour coating line from June 1. In a post-market-hours disclosure to the exchanges, the company said the new product — pre-painted galvan
If you haven’t noticed, the U.S. markets have been somewhat complacent recently. The VIX (a gauge of stock market volatility) is at multi-decade lows while the MOVE index (the equivalent index for bo
Extending gains for the second consecutive session, the rupee today rose by 3 paise to 64.48 a dollar, shrugging off weaker-than-expected GDP numbers. Forex market sentiment turned bit shaky after ..
The investment value of several top foreign portfolio investors (FPIs) in Indian shares has doubled or nearly doubled in the past three years.Government of Singapore Investment Corporation (GIC Pte) h
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading: 9630 • Nifty 50 Futures S1 S2 R1 R2 COMMENT 9...
Alrosa, the Russian diamond mining group, has sought tax concessions from the Government of India (GoI) for enabling the to set up an office in this country, for sale to diamantaires here.It has begun
Mutual funds (MFs) have dropped the pace of buying amid the benchmark indices touching record highs in May.According to statistics from the Securities and Exchange Board of India (Sebi), fund managers
President Trump is expected to announce soon whether the U.S. will remain in the Paris Climate accord that over 195 countries entered into in 2015 to limit global warming. In this note we discuss the
Hewlett-Packard Enterprise announced its fiscal Q2 results on Thursday, May 31. The results were in line with our expectations, as the company’s revenues declined by 13% year-on-year (5% decline after

Recent News

Kevin Durant works contract to free team financially

Forward Kevin Durant is willing to sign for less than the maximum contract extension with the Warriors this summer to help the team keep its star-studded roster intact, according to an ESPN report
Read Full Story

Headway in empowerment of youth contractors ? Gov?t

About 29 youth companies have benefited from the Citizen Economic Empowerment (CEE) policy through maintenance contracts worth P59 million during the 2016/2017 financial year.
Read Full Story

PAC queries role of Mohohlo?s Phikwe taskforce

Public Accounts Committee (PAC) has raised a concern at what it believes is duplication of roles between the recently established Selebi-Phikwe Economic Revitalisation Programme and SPEDU.
Read Full Story

Stadium traffic study lists improvements needed by 2020 NFL season

Every time a sold-out Las Vegas Raiders home game ends in 2020, thousands of vehicles are expected to take to local streets within an hour, according to a traffic impact study submitted Thursday to Cl
Read Full Story

MTN to face another court battle with Turkcell

Turkey’s biggest telecommunications firm said on Wednesday that after years of delay its R55.06bn lawsuit against cellular giant MTN would finally be heard
Read Full Story

Trump's lawyers urge Supreme Court to bring back his revised travel ban

President Trump’s lawyers asked the Supreme Court late Thursday to revive his temporary ban on foreigners arriving from six majority-Muslim nations, setting the stage for a potentially far-reachin
Read Full Story