Thursday, June 4, 2015

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Stock Market News and Updates For 4 June 2015

Stock Market News : Mustard Seed prices closed lower by 0.65 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At NCDEX, Mustard Seed futures for June 2015 contract closed at Rs. 4,279 per quintal, down by 0.65 %, after opening at Rs. 4,300 against the last closing price of Rs. 4,307. It touched the intra-day low of Rs. 4,261.

Maize prices closed higher by 0.09 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the demand from exporters and poultry industries. At NCDEX, maize futures for June 2015 contract closed at Rs. 1,161 per quintal, up by 0.09 per cent, after opening at Rs. 1,165 against the previous closing price of Rs. 1,160. It touched the intra-day high of Rs. 1,177.

Morning Calls for Trading

ULTRA EQUITY
ULTRA CASH: BUY APLLTD ABOVE 549 TGTS 554/560 SL 542

EQUITY TIPS
CASH: BUY KRBL ABOVE 181 TGTS 182.50/185/188.50 SL 179

EQUITY HNI
EQUITY HNI: BUY NAUKRI ABOVE 800 TGTS 810/820 SL 785

ULTRA EQUITY
ULTRA CASH: BUY PEL ABOVE 965 TGTS 975/990 SL 950

STOCK OPTIONS
OPTION: BUY IRB INFRA 230 PUT ABOVE 7 TGTS 8/9.50/11 SL 5.50

NIFTY FUTURES
NIFTY: BUY BANK NIFTY ABOVE 17715 TGTS 17675/17735/17835 SL 17655 

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