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India's fuel demand rose 6.4% year-on-year in January

Consumption of fuel, a proxy for oil demand, totaled 18.34 million tonnes, data from the Petroleum Planning and Analysis Cell of the oil ministry showed. India's fuel demand rose 6.4 percent in January compared with the same month last year. Consumption of fuel, a proxy for oil demand, totaled 18.34 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed. Sales of gasoline, or petrol, were 13.2 percent higher from a year earlier at 2.37 million tonnes. Cooking gas or liquefied petroleum gas (LPG) sales increased by 11.0 percent to 2.31 million tonnes, while naphtha sales fell 1.2 percent to 1.26 million tonnes. Sales of bitumen, used for making roads, were 15.1 percent up, while fuel oil use edged unchanged in January. For more trading tips find  top 10 stock advisory company Indore

Risk-off environment threatens an even deeper decline in copper prices in 2019

Markets will be faced with many issues as we head into 2019, but if the price of copper experiences increased selling that pushes it to a new low in thin market conditions before end-2018, a buying opportunity in the red metal could arise Do something different, now what? You can find Best Stock Market Advisory in Indore for daily share market recommendations. Copper rallied smoothly in 2016 and 2017 but the red metal has experienced profit-booking this year. The copper market fell victim to a stronger dollar, higher US interest rates, and the trade dispute between the US and China, which is weighing on economic growth in Asia and threatens to impact the global economy. Copper is a metal that is a bellwether for other commodities as well as markets across all asset classes. The red metal is a barometer of economic progress around the world. In 2018, the price of Comex copper was around $3 until June. The threat of a strike at the world's leading copper mine i...

साल के आखिरी दिन देश के शेयर बाजार के शुरुआती कारोबार में मजबूती का रुख

घरेलू शेयर बाजार की शुरुआती बढ़त और अमेरिकी मुद्रा में नरमी के बीच सोमवार को अंतर बैंकिंग मुद्रा बाजार में रुपया शुरुआती कारोबार में डॉलर के मुकाबले 20 पैसे बढ़कर 69.75 रुपये प्रति डॉलर पर पहुंच गया. Market Tips and recommendations Follow  Marketcaptains   साल के आखिरी दिन सोमवार को देश के शेयर बाजार के शुरुआती कारोबार में मजबूती का रुख है. प्रमुख सूचकांक सेंसेक्स सुबह 10.28 बजे 102.35 अंकों की बढ़त के साथ 36,179.07 पर कारोबार करते देखा गया.  पिछले कारोबारी सत्र में शुक्रवार को भी शेयर बाजार मजबूती के साथ बंद हुए थे. प्रमुख सूचकांक सेंसेक्स 269.44 अंकों की तेजी के साथ 36,076.72 पर और निफ्टी 80.10 अंकों की तेजी के साथ 10,859.90 पर बंद हुआ था.  बंबई स्टॉक एक्सचेंज (बीएसई) का 30 शेयरों पर आधारित संवेदी सूचकांक सेंसेक्स सोमवार सुबह 162.47 अंकों की मजबूती के साथ 36,239.19 पर खुला.  वहीं घरेलू शेयर बाजार की शुरुआती बढ़त और अमेरिकी मुद्रा में नरमी के बीच सोमवार को अंतर बैंकिंग मुद्रा बाजार में रुपया शुरुआती कारोबार में डॉलर के मुकाबले 20 पैसे...

Expect crude prices to remain sideways; gold to trade with upward bias

Global oil demand has increased from 97.25 mbpd in 2017 to 98.79 mbpd in 2018 and is set to increase by another 1.3 percent in 2019. Indian macroeconomic outlook majorly depends on how crude prices move. During 2018, the sharp rally in crude prices internationally impacted the rupee and subsequently Indian equity market also fell. And once crude started falling, Indian equity market too gradually started inching up. On the other hand, gold price changes reflect more about the prevailing global macro outlook. Gold has been lying low for the large part of 2018 but is rising now as global growth uncertainty has resurfaced. Going forward, crude prices are expected to remain sideways; gold is expected to trade with an upward bias. For more trading tips find   top 10 advisory company in Indore  In Q4CY18 gold price has rallied by 6 percent and has crossed its 200-day moving average. Fundamental demand drivers for gold are jewelry, bars and coins, central ba...

EURINR is expected to move sideways: Angel Broking

According to Angel Broking, EURUSD appreciated by 0.69 percent yesterday while EURINR depreciated by 0.59 percent during the same time frame. Angel Broking's currency report on EURINR EURUSD appreciated by 0.69 percent yesterday while EURINR depreciated by 0.59 percent during the same time frame. ECB in its latest monetary policy meeting yesterday will end the QE program by the end of Dec’18. The ECB also said it would continue to reinvest cash from maturing bonds for an extended period of time. Meanwhile, EU current account surplus released earlier on the day rose to €23 billion in October from €17.6 billion in September. For more related new of banking follow  Marketcaptain on twitter you can also find the best stock advisory company Indore.

2018 review: 5 major lessons that investors can learn from market

It has been a tough year for the market as benchmarks have posted gains of 3-5 percent so far against 29-30 percent they had posted during 2017. Focusing on quality, looking at valuations and looking at long-term factors are some of the few lessons that an investor could learn from 2018 markets, experts said. It has been a tough year for the market as benchmarks have posted gains of 3-5 percent so far against 29-30 percent they had posted during 2017. The year has been even more challenging for mid and small caps, each index shedding 12-15 percent during the year. In 2017, both categories returned around 50 percent. For more free trading tips find  Top 10 Stock Advisory Company Indore Though such times come and go in the market, experts tell you to keep these five lessons in mind to make an informed investment decision. Experts believe that an investor must pay heed to valuations of stocks that they wish to buy, sell or hold. Last year witnessed valuations bei...

Bucking the trend: 20 stocks gave stellar returns even as mid, smallcaps disappointed

After a dismal performance in 2018, the year 2019 is expected to be a good year on hopes of earnings revival and rally in select stocks The broader markets are heading to close 2018 on a disappointing note after a stellar run in 2017. The year started on a strong note with madcap and smallcap indices hitting record highs in January but the correction in subsequent months stunted their growth trajectory. Experts feel the key reason was the high valuations after a stupendous run in 2017. The BSE Midcap index fell 15 percent (versus 48 percent rally in 2017) and smallcap plunged nearly 25 percent (versus 60 percent upside) while the 30-share BSE Sensex gained 5.6 percent upside. "Despite such huge corrections, midcaps are still relatively overvalued with respect to largecaps due to overly optimistic earnings projections.. He further said earnings growth hasn't matched the nominal GDP growth as well as the growth in valuation multiples for the past few years, in...

Gold pulls back from 5-week high as dollar edges higher

Spot gold was down 0.3 percent at $1,234.71 per ounce as of 0422 GMT, after hitting its highest since Oct. 26 at $1,241.86 an ounce in the previous session. U.S. gold futures were down 0.5 percent at $1,240.2 per ounce. Gold prices dipped on Wednesday, retreating from a more than five-week top hit in the previous session, as the dollar crawled higher. Spot gold was down 0.3 percent at $1,234.71 per ounce as of 0422 GMT, after hitting its highest since Oct. 26 at $1,241.86 an ounce in the previous session. U.S. gold futures were down 0.5 percent at $1,240.2 per ounce. "Gold is mainly tracking the U.S. dollar," said Brian Lan, managing director at dealer GoldSilver Central in Singapore. Market Tips and recommendations Follow Market Captains . "Today's move in gold prices is a correction because yesterday prices were up quite a bit." The dollar index, which measures the greenback against a basket of six major currencies, edged up about 0.1 p...

5 Secretes that make Rakesh Jhunjhunwala Successful Investor

Rakesh jhunjhunwala is indeed successful stock market investor. So question arise that what are things/qualities that makes Rakesh Jhunjhunwala successful & billionaire Investor? India has many so-called stock experts, trader stock analysts but none of the trader or stock analyst is as successful as Rakesh Jhunjhunwala. So with close observation I could locate following 5 secretes that make Rakesh Jhunjhunwala successful billionaire Investor. 1) Capital:- To make money you need money, this may not be true in many cases but in case of stock market you need a lot of capital to become zero to hero or to become successful billionaire Investor. But another big thing is capital can be made also. This is what rakesh jhunjhunwala has done. How he has gone with a starting capital of Rs 5,000 to a net worth of a few thousand crore rupees is now the stuff of urban legend. (2) Knowledge:- In today’s world for every business or job you need relevant experience an...

How do people get rich from stock markets?

Everyone wants to earn money from the   share market    and wants to become rich quickly, And we Indians are not the exception to this rule. This is the only minded passion that motivates lakhs of people in the country to invest in the stock market every year. After buying gold, investing hard money in the purchase and sale of listed stocks on the stock market is a quick recipe for millions of people looking for quick money. However, with any kind of investment, there are several risks in trying to earn money from equity. In those days when stock prices fall without warning, you can lose the pile of money within minutes. But on Flip side, if you are a careful investor who follow all of Dos and Don to invest in the stock market - this is the best way to make quick money for you. So if you are thinking already - how can I invest in the stock market and be rich in myself? do not worry; We've covered it. Share Bazar: - How to invest in the stock market in India ...