Pace Research Commodity Market : Gold Off Two-Week Lows On Trump Tax Reform Doubts

Gold on Thursday edged away from two-week lows hit in the previous session on scepticism over President Trump's proposed U.S. tax reform, with markets awaiting central bank meetings in Europe and Japan. 

Pace Research is a team of highly experienced research analysts who delivers their best recommendations in Commodity market. Our products range from intraday stock advisor services in both BSE/NSE & MCX/NCDEX. The services cover both type of intraday trading & positional trading along with proper investment recommendations. 
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Gold Slips To Two-Week Lows As Rallying Equities Boost Risk Appetite

Gold dipped on Wednesday to a two-week low after a near 1 percent decline in the previous session as increased investor appetite for risk boosted equities and dulled demand for safe-haven assets.


Russia May Raise Oil Output If Sees No Risks Of Price Fall

Russia is ready to keep its oil production stable, but may increase output if it feels that prices are unlikely to fall as a result. A fragile balance has been reached in the global oil market, which should not be disturbed by any "sharp moves", according to the agency. A decision on whether to extend a deal to curb oil output into the second half of the year would depend on how well the Organization of the Petroleum Exporting Countries and other producers stick to their production cut pledges. OPEC, along with Russia and other non-OPEC producers, pledged to cut output by 1.8 million barrels per day (bpd) in the first half of 2017. The option of extending the cuts was set out in last year's deal. 
Pace Research India is a team of highly experienced research analysts who delivers their best recommendations in Commodity market. Our products range from intraday stock advisory services in both MCX/NCDEX.
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Pace Research Opening Bell : Sensex Opens 100 pts Lower On Caution Ahead of RBI Meet Outcome

Equity benchmarks opened lower on Thursday, with the Sensex falling more than 100 points on profit booking as investors maintained cautious stance ahead of outcome of RBI Monetary Policy Committee meet later today. Weak global cues also weighed.

The 30-share BSE Sensex was down 117.91 points at 29,856.33 and the 50-share NSE Nifty fell 36.60 points to 9,228.55.

The Indian rupee declined in early trade. It has opened lower by 18 paise at 65.05 per dollar versus 64.87 Wednesday. For More Info : www.paceresearchindia.com and call : 8817774774

Sensex Extends Gains, Nifty Above 9250; Maruti Suzuki Up 4%

Benchmark indices extended its gains after trading almost flat through the morning, with the Nifty advancing above 9250-mark.
The Sensex was up 53.86 points at 29964.08, while the Nifty was up 24.70 points at 9262.55. The market breadth continued to be healthy with 1,908 shares advancing against a decline of 875 shares. Around 143 shares were unchanged.

Maruti Suzuki and Adani Ports were the top gainers on both indices, while HDFC, Coal India and Infosys were the top losers. For More Info : www.paceresearchindia.com and call : 8817774774

Market Consolidate Ahead of RBI MPC Meet

Benchmark indices were seen consolidating ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting on Thursday.

The Sensex was down 12.08 points at 29898.14, while the Nifty was up 2.50 points at 9240.35. The market breadth remained healthy as 1,747 shares advanced against a decline of 689 shares, while 106 shares were unchanged.

Adani Ports, Tata Steel and Bharti Infratel were among the top gainers, while HDFC and Mahindra & Mahindra lost the most on both indices. For More Info : www.paceresearchindia.com and call : 8817774774

Pace Research India Morning Bell

The 30-share BSE Sensex was down 25.72 points at 29,395.68and the 50-share NSE Nifty gained 14.55 points at 9,093.45.

The Indian rupee gained in the early trade on Monday. It has opened higher by 14 paise at 65.28 per dollar versus 65.42 Friday.

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Pace Research Closing Bell

Gainers
Symbol	LTP	% chng	Volume
BANKBARODA ICICIBANK SBIN GAIL KOTAKBANK	168.30 275.55 275.95 382.30 878.45	3.76 3.22 2.77 1.43 1.19	2,32,41,365 1,74,77,506 2,00,78,052 34,41,355 22,79,509

Losers
Symbol	LTP	% chng	Volume
GRASIM TECHM ZEEL TCS AMBUJACEM	1,059.85 472.35 516.60 2,428.00 229.70	-2.94 -2.03 -1.34 -1.31 -1.27	36,72,634 22,01,527 10,64,835 25,49,000 16,12,912

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Sensex, Nifty Remain Steady After Morning Gains

After surging ahead from the opening sessions, the market held on to its extended gains, led by a rally in banks.

The Sensex was up 117.89 points at 29450.05, while the Nifty was up 26.20 points at 9112.50. The market breadth was narrowing as 1,031 shares declined against an advancement of 1,435 shares. Around 169 shares were unchanged.

ICICI Bank, SBI and Bank of Baroda were top gainers on the indices, while Bajaj Auto, TCS, Grasim and Tech Mahindra were the top losers. Fore join us please visit : www.paceresearchindia.com and Call : 8817774774

Pace Research Opening Bell : Sensex Higher In Opening

The 30-share BSE Sensex was up 18.44 points at 29,350.60and the 50-share NSE Nifty gained 17.70 points at 9,104.00. 

The Indian rupee gained marginally in the early trade. It has opened at 65.48 per dollar versus previous close 65.52.

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Pace Research Closing Bell

NIFTY CLOSE @ 9086.30(+55.85) 
SENSEX CLOSE @ 29332.16(+164.48) 
BANK NIFTY CLOSE @ 20895.50(+114.15)

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Nifty Consolidates Around 9050; Yes Bank up 2%

The market witnessed some consolidation after extending its gains in the previous sessions.The 30-share Sensex was up 92.01 points at 29259.69, while the Nifty was up 33.05 points at 9063.50. The market breadth was narrowing as 1,641 shares had advanced against a decline of 951 shares. Around 188 shares were unchanged.

Tata Motors, GAIL, and Yes Bank were among the top gainers, while TCS, ITC and Eicher Motors were the top losers on both the indices. For Any Information visit : www.paceresearchindia.com and Call : 8817774774

Pace Research Opening Bell : Nifty Above 9050

Equity benchmarks opened higher on Thursday after sell-off in previous session but immediately came off day's high amid sideways trade in global peers. 
The 30-share BSE Sensex was up 76.94 points at 29,244.62 and the 50-share NSE Nifty gained 22.85 points at 9,053.30. 

The Indian rupee opened marginally higher at 65.40 per dollar against previous close of 65.44. For any information visit : www.paceresearchindia.com and call : 8817774774 

Pace Research Financial and Economics News Update Today

Aadhaar card may soon be a must for filing income tax returns, and applying for pan card : 

The Centre plans to make having an Aadhaar card mandatory for filing income tax returns and compulsory to apply for a PAN (permanent account number) card.

The government has proposed a limit of Rs 3 lakh for cash transaction to be reduced to Rs 2 lakh. Transactions will be considered illegal beyond that stipulated the upper limit. The penalty for violating this is a fine equivalent to the amount of transaction.This is part of steps to reduce dependence on cash and crack down on black money. For Any Info : www.paceresearchindia.com and Call : 8817774774

Sensex Down 250 pts, Nifty At Day's Low | Bhartiartl dips and Hcltech Gains

Benchmark indices extended losses in morning, with Sensex sink 250 points. The 30-share BSE Sensex fell 246.38 points to 29,239.07 and the 50-share NSE Nifty declined 79.05 points to 9,042.45. More than two shares declined for every share rising on the BSE.

Hindalco Industries lost 3 percent on fall in commodity prices while HCL Technologies and Axis Bank were only gainers among Nifty stocks. More Info : www.paceresearchindia.com and Call : 8817774774

Pace Research India Morning Update

Equity Benchmarks extended losses for third consecutive session Wednesday, tracking global weakness on North Korea missile test and concerns over Donald Trump's tax promises.

The 30-share BSE Sensex was down 144.04 points at 29,341.41 and the 50-share NSE Nifty fell 74.30 points to 9,047.20.

The Indian rupee slipped in the early trade. It has opened lower by 27 paise at 65.56 per dollar versus 65.29 Tuesday.
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Pace Research India Closing Bell

NIFTY CLOSE @ 9121.50(-5.35)

SENSEX CLOSE @ 29485.45(-33.29)

BANK NIFTY CLOSE @ 21019.00(-91.25)

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Sensex Falls Over 100 pts; Idea Sinks 5%, D-Mart Jumps 117% To Rs 648

Equity benchmark indices extended losses in afternoon trade, with the Sensex falling more than 100 points on further profit booking.

The 30-share BSE Sensex was down 118.38 points at 29,400.36 and the 50-share NSE Nifty fell 30.25 points to 9,096.60. The gap between advances and declines widened as about two shares declined for every share rising on the BSE.

Investors remained on sidelines for overall equity market due to lack of global and domestic cues but the scenario is completely different for Avenue Supermarts that crossed market capitalisation of more than Rs 40,000 crore on listing day today.

The stock touched an intraday high of Rs 648.35, up 116.8 percent over its issue price of Rs 299.

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Sensex Extends Losses, Nifty Around 9100; Axis Bank Down 3%

The Sensex was down 80.31 points at 29438.43, while the Nifty was down 20.45 points at 9106.40. The market breadth pointed to selling pressure as 906 shares advanced against a decline of 1,517 shares, while 147 shares were unchanged.

Dr Reddy’s Laboratories, Axis Bank and Idea Cellular were among the top losers on both the indices, while Larsen & Toubro, ONGC, Bosch and Grasim were the top gainers. For More Info : www.paceresearchindia.com and Call : 8817774774