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Wednesday, June 30, 2010
Amfi proposes more accountability, bigger role for MF trustees
Crude sinks
Gold Falls In India; Steady On COMEX
U.S. stock futures pointed to a partial bounce after the last session's hammering, helped after European banks sought a smaller amount of central bank loans than markets had anticipated. But a report on jobs looms as worries about the global economy intensify.
The euro rallied after the results of the ECB tender. S&P 500 futures rose 8.5 points to 1,043.90 and Nasdaq 100 futures added 12.5 points to 1,776.00. Futures on the Dow Jones Industrial Average rose 63 points.
Indian gold futures on MCX for August delivery are trading down over Rs 45 per 10 grams. The commodity slipped to as low as Rs 18801. The traders may sell it on break of Rs 18800 with the target of Rs 18730 and Rs 18675 levels. The stop loss may be placed near Rs 18870-80 levels.
Most active August gold futures are trading up nearly $ 2 at $ 1244 per ounce. The traders may sell it again with the target of $ 1235 and $ 1230 levels.
FIIs in selling mode
Weekly Scenario: Equity Diversified Funds Gains More than Index Funds
Religare MF Announces Changes in the Fund Management Team
ICICI Prudential MF Launches Gold ETF
Taurus MF Unveils Taurus MIP Advantage
IDFC Capital Protection Oriented Fund – Series III Floats On
Religare MF Appoints Custodian of Physical Gold Held by Gold ETF
Canara Robeco MF Launches Large Cap+Fund
Friday, June 25, 2010
MFs heave a sigh of relief as Sebi extends debt norm deadline
Amfi set to turn into self-regulatory body
Bullion metals glitter
Crude manages to inch up
FIIs step up buying
Escorts MF Declares Dividend For Opportunities Fund
Wednesday, June 23, 2010
Crude prices erase earlier gains
Gold Edges Up As Dollar Weakens
Gold for August delivery rose $5.40, or 0.4%, to $1246.40 an ounce in electronic trading on Globex. It may face a resistance near $1249 levels.
Attention turns to the Federal Open Market Committee, which releases its interest rate decision at 2:15 p.m. Eastern. Economists don't expect a rate move or even a changing of the language saying rates will be kept low for an extended period of time.
Wednesday's session features data on May new-home sales, which are expected to drop sharply, as existing home sales did in data released on Tuesday.
In markets the U.S. stock futures rose, pointing to a partial recapturing of the previous session's losses as the Federal Reserve is expected to again refrain from signalling interest rate hikes. S&P 500 futures rose 4.7 points to 1,095.20 and Nasdaq 100 futures climbed 7.5 points to 1,885.70. Futures on the Dow Jones Industrial Average added 40 points.
MCX August gold futures are trading at Rs 18728 per 10 grams. The traders may buy it again on break of Rs 18750 with target of Rs 18810-825 and a stop loss near Rs 18710.
FIIs continue buying
ICICI Pru MF to Introduce Exit Load for Switch-out Transactions
ICICI Pru MF Declares Dividend For Discovery Fund
Mutual funds offload shares worth Rs 231.70 crore on 22 June 2010
Indian Mutual Fund Industry Moves towards Inclusive Growth
- Strong distribution
networks are crucial. Learning's can be taken from other sectors like
FMCG, telecom, to get a new perspective
- Assessment of
regulatory and business trends in other global economies, on similar
businesses
Tuesday, June 22, 2010
Oil Tumbles On Sharp Appreciation In Dollar
U.S. stock futures declined Tuesday, with worries over the health of the European banks at the forefront as the Federal Reserve begins its two-day interest rate setting meeting.
S&P 500 futures fell 5.4 points to 1,105.20 and Nasdaq 100 futures fell 7 points to 1,892.50. Futures on the Dow Jones Industrial Average dropped 40 points.
NYMEX light sweet oil for August contract is trading down $1.07, falling as much as $ 77.33 per barrel. The July futures contract expires today.
Tuesday's session includes data on May existing home sales as the Federal Open Market Committee begin its two-day meeting. As is custom, no comment is expected on the first day.
Front month futures contract on MCX are trading at Rs 3593 down just Rs 2 per barrel. The weakness in Indian Rupee is saving the domestic commodities from falling in tandem with the international commodities. The traders may watch for support between Rs 3460-3435 levels. A break of that may take it to Rs 3500 levels.
Diverse Trades Seen In Domestic & International Gold
U.S. stock index futures dipped on Tuesday as investors took a more cautious view over China's vow of more yuan flexibility, while data on home sales was on tap later in the morning.
Most active august gold futures on COMEX lost nearly $ 8 falling as low as $ 1233 per ounce. The traders may watch for next support around $ 1229 levels.
On the contrary MCX August bullion is trading over Rs 60 at Rs 18610 per 10 grams. The counter needs to break the range of Rs 18650-18540 for direction. A fall below Rs 18540 may take it to Rs 18500 and Rs 18440 levels.
MCX July Silver futures fell to as low as Rs 29283 down Rs 85 per kg. The commodity may find next support at Rs 29250 levels, a break of that may take it to below Rs 29140-100 levels.
FIIs continue buying
Blog Archive
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2010
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June
(85)
- Amfi proposes more accountability, bigger role for...
- Crude sinks
- Gold Falls In India; Steady On COMEX
- FIIs in selling mode
- Weekly Scenario: Equity Diversified Funds Gains Mo...
- Religare MF Announces Changes in the Fund Manageme...
- ICICI Prudential MF Launches Gold ETF
- Taurus MF Unveils Taurus MIP Advantage
- IDFC Capital Protection Oriented Fund – Series III...
- Religare MF Appoints Custodian of Physical Gold He...
- Canara Robeco MF Launches Large Cap+Fund
- MFs heave a sigh of relief as Sebi extends debt no...
- Amfi set to turn into self-regulatory body
- Bullion metals glitter
- Crude manages to inch up
- FIIs step up buying
- Escorts MF Declares Dividend For Opportunities Fund
- Crude prices erase earlier gains
- Gold Edges Up As Dollar Weakens
- FIIs continue buying
- ICICI Pru MF to Introduce Exit Load for Switch-out...
- ICICI Pru MF Declares Dividend For Discovery Fund
- Mutual funds offload shares worth Rs 231.70 crore ...
- Indian Mutual Fund Industry Moves towards Inclusiv...
- Oil Tumbles On Sharp Appreciation In Dollar
- Diverse Trades Seen In Domestic & International Gold
- FIIs continue buying
- UTI MF Declares Dividend under 2 Schemes
- DSP BlackRock MF announces changes in fund managers
- Principal MF Declares Dividend For Large Cap Fund
- HDFC Mutual Fund set to launch HDFC Gold Exchange ...
- Franklin Templeton MF Announces Change in Key Pers...
- Templeton Monthly Income Plan Declares Dividend
- FT India Life Stage Fund of Funds Declares Dividend
- Crude sheds gains
- Yellow metal strikes new record high
- FIIs continue buying
- HDFC Mid-Cap Opportunities Fund to be converted in...
- Tata MF Announces Dividend for Equity Opportunitie...
- Mutual funds in selling mode
- FIIs step up buying
- WPI inflation at 10.16% in May 2010
- Escorts MF Declares Dividend For Opportunities Fund
- Franklin Templeton MF Declares Dividend for India ...
- Tata MF Announces Dividend for Contra Fund
- Crude shoots up
- Bullion metals turn pale
- FIIs in selling mode
- Food, non-food and fuel inflation rises further at...
- Food, non-food and fuel inflation rises further at...
- ICICI Pru MF Launches Nifty Junior Index Fund
- Mutual funds continue buying
- Equity Funds Performance Review - May 2010
- Total Assets of MF Witness Fall of 8.09%
- Oil Marches Towards $83 Ahead Of Stockpiles Data
- Gold Falters Heavily As Dollar Loses Steam
- FIIs in buying mode
- DSP BlackRock Micro Cap Fund to be converted into ...
- Sundaram BNP Paribas MF Announces Change in Key Pe...
- Mutual funds in buying mode
- Oil Swings Up And Down
- Gold On Record Rally; Hits Fresh All Time High
- FIIs offload shares worth a net Rs 832.21 crore in...
- Mutual funds step up selling
- SEBI powers investors on MF gains
- Domestic Gold Crashes Nearly Rs 200
- Oil Rebounds Sharply From Days Low
- FIIs continue buying
- Mutual funds in selling mode
- Investing in MIP, fixed deposits or FMPs?
- Life insurers oppose Irda's surrender charge norms
- Focus on debt funds, not on NAVs, Sebi tells fund ...
- Precious metals shine
- Crude continues to glide down
- FIIs in selling mode
- AAUM Rises by 4.47% in May
- Mutual funds continue selling
- SEBI panel recommends maintaining expense ratio at...
- Investors Rush For Gold As Euro Gets Fired
- Oil Vulnerable To Euro Zone Worries
- FII outflow crosses Rs 9400 crore in May 2010
- ICICI Pru MF to Open Subscription under Two Schemes
- Franklin Templeton Fixed Tenure Fund – Series XIV ...
- IDFC Capital Protection Oriented Fund – Series II ...
- Mutual funds in selling mode
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June
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