Lead futures trade higher on spot demand

At the Multi Commodity Exchange, lead for delivery in the current month traded higher by five paise, or 0.03 per cent, to Rs 150.95 per kg in a business turnover of 2,029 lots.

Supported by pick up in demand at the domestic spot markets, lead futures traded a shade higher at Rs 150.95 per kg on Wednesday as speculators enlarged positions.

At the Multi Commodity Exchange, lead for delivery in the current month traded higher by five paise, or 0.03 per cent, to Rs 150.95 per kg in a business turnover of 2,029 lots.

Market analysts said strong demand from battery-makers in spot market mainly influenced lead futures.

More related news follow Market captain

Comments

Keep 5-yr investment horizon for Long Term Equity Fund

Though the fund has done well over past five years, the investors must be prepared to tolerate short-term under performance in case there is a sudden rally that overlooks fundamentals . Investment strategy The scheme has invested in a concentrated portfolio of around 25 stocks. The stocks are picked up on a bottom-up basis. The fund manager identifies investment opportunities that would deliver over a five-year time frame. “We don’t put much emphasis on the macro environment and the associated factors since they are not predictable and not within anyone’s control. Should you invest now? The scheme’s portfolio has cut its net exposure to Indian stocks over past two years. Compared to 62 percent in September 2016, it came down to 55 percent in September 2017 and to 45 percent now, in line with rising valuations of quality companies. High cash levels and exposure to overseas stocks have helped the fund to weather recent sharp correction in Indian stocks. If

Government company MSTC is going to raise money from the primary market

IPO of Government Company MSTC Government company MSTC is going to raise money from the primary market. The company is going to introduce an IPO of Rs 226 crore. This IPO will open on March 13 (Wednesday). It can be invested till March 15 (Friday). The company has fixed the price band for the share price of 121-128. Through this IPO, the central government is going to sell its 1.76 crore shares of this company, which will be equal to 25 percent of its paid-up equity capital. After this IPO, the government's stake in the company will be reduced to 64.85 per cent, which is 8 per cent now. The company is headquartered in Kolkata. It filed a petition to present an IPO on February 1. Market regulator SEBI had given the green signal to the company on February 28 to present an IPO. The company has entrusted the management of Equity Capital to the issue management. The company started in the year 1964. The company is mainly active in the export of scraps. It has mini ratna st

मेंथा ऑयल रेट टुडे: हफ्तेभर में 4% लुढ़का मेंथा, ₹1300 के नीचे जा सकता है भाव

मेंथा ऑयल का भाव एक हफ्ते में 4 फीसदी गिर चुका है. आगे भी कीमतों में तेज गिरावट के संकेत हैं. इसकी वजह नई फसल की आवक है. इस साल मेंथा का बंपर उत्पादन होने की उम्मीद है. कारोबारियों को जून में कीमतों में बड़ी गिरावट की आशंका है. मेंथा का सबसे ज्यादा उत्पादन उत्तर प्रदेश में होता है. ओरल केयर, फार्मास्युटिकल, परफ्यूम और कन्फेक्शनरी बनाने वाली कंपनियां मेंथा का इस्तेमाल करती हैं. मेंथा तेल की कीमतें पिछले महीने 1,360 रुपये प्रति किलोग्राम तक लुढ़क गईं. गुरुवार को एमसीएक्स पर मेंथा ऑयल का मई वायदा 0.20 फीसदी की गिरावट के साथ 1370 के आसपास कारोबार कर रहा था. वहीं दूसरे नजदीकी कॉन्ट्रैक्ट जून डिलीवरी का भाव 1,255 रुपये प्रति किलोग्राम पर कारोबार कर रहा था. एंजल ब्रोकिंग के डिप्टी वाइस प्रेसीडेंट (कमोडिटीज एवं करेंसी) अनुज गुप्ता ने कहा, 'हमें उम्मीद है कि आगे मेंथा ऑयल में गिरावट बढ़ सकती है. मई कॉन्ट्रैक्ट का भाव नीचे में 1,300-1,280 रुपये प्रति किलोग्राम तक गिर सकते हैं. कंपनियां मेंथॉल और क्रिस्टल बनाने के लिए भी मेंथा ऑयल का इस्तेमाल करती हैं. मेंथा को पुदीना भी क

Market Captain Investment Advisor

Search This Blog