Top intraday trading ideas for afternoon trade on Wednesday, November 20, 2019
Jindal Steel is a 'Buy' call with a target price of Rs 155 and a stop loss of Rs 135.
Base Metals: Copper, nickel, zinc trade lower in futures trade amid low demand
Copper futures on Wednesday traded 0.42 per cent lower at Rs 435.90 per kg in futures trade.
India plans incentives for 324 firms including Tesla to capitalize on trade war
India plans to provide land to 324 companies to set up a factory along with power, water and road access.
Rupee drops 10 paise to 71.81 as trade tensions weigh
Fresh foreign fund inflows and a rally in domestic stocks restricted the fall for the local unit, forex traders said.
India appeals against WTO panel ruling on export incentive schemes
The plea was made in the appellate body of the World Trade Organisation's (WTO) dispute settlement mechanism. The US has dragged India to the WTO under Article 27 of the organisation's Agreement on Subsidies and Countervailing Measures (SCM), which also provides for special and differential treatment to developing countries like India.
Oil prices extend losses on supply, trade war fears
Brent crude futures were at $60.70 a barrel, down 21 cents, or 0.34 per cent.
India’s abstinence from RCEP: Free marketeers getting it surprisingly wrong
FTAs, by definition, are about countries swapping market access in areas where they have respective comparative advantages in place.
Markets are flashing signs that trade is back on top of risk radar
Developed-nation bonds in the region extended recent gains Wednesday.
Precious Metals: Gold, silver ease in futures trade amid low demand
Globally, gold traded 0.11 per cent higher at $1,475.90 an ounce in New York.
China stocks close lower as concerns over trade talks with US resurface
The blue-chip CSI300 index fell 1.0 per cent, to 3,907.86.
Top intraday trading ideas for afternoon trade on Tuesday, November 19, 2019
DLF is a 'Sell' call with a target price of Rs 206 and a stop loss of Rs 220.
India appeals against WTO panel's ruling on export promotion measures
On October 31, the WTO had ruled that export subsidy programmes-MEIS, Export oriented units scheme and sector specific schemes, including Electronics Hardware Technology Parks Scheme and Bio-Technology Parks Scheme; Export Promotion Capital Goods Scheme; and Duty-Free Imports for Exporters Scheme- violated provisions of trade body’s norms.
Share market update: FMCG shares trade higher; Dabur gains 2%
The Nifty FMCG index was trading 0.24 per cent up at 31,048.45 .
Bhutan’s upcoming tourism policy likely to cause strong impact on tourism trade in Eastern India
Currently, Bhutan charges every foreign visitor $ 250 per day including $65 ‘Sustainable Development Fee (SDF)’ and $40 visa charge. But ‘Regional Tourists’ from India, Bangladesh and Maldives need not to pay SDF or visa fee. Now Bhutan is going to introduce SDF and a “permit processing fee” for the regional tourists too.
Gold rate today: Here is how the yellow metal will trade today
Bullion counter may remain positive, said brokerage house SMC Global.
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