Today's Stock Market Headlines on 2nd of May

                                                           Stock Market Headlines

• Asia tumble, with Nikkei selling off nearly 4%, ASX off 1.2% .
• Lupin looks to strengthen brand, specialty biz in US .
• Indiabulls Real Estate cuts debt by 16% to Rs 4,617 cr in FY16
• HDFC Q4 profit seen up 35% to Rs 2515 cr, NII may grow 6%:
• Exports: 17 out of 30 sectors in negative zone in March .
• Federal Bank net tanks 96% to Rs 10 cr .
• Govt wants PSUs to emulate private sector, buy back shares .
• Stocks in news: IOC, Nestle, Wipro, YES Bank, Skipper .
• Realty bubble? Another 'world's tallest tower' planned in Dubai .
• Bull's Eye: Buy Marico, SKS Micro, HDIL, Sun TV; sell Voltas .
• Why the Fed will never get what it wants:
• Postal dept's deficit jumps 14% to Rs 6,259 cr in FY15.
• Need stable policy, sudden changes affect investments:
• Top three cos add Rs 34,256 cr in m-cap;
• Coal supply to power sector ticks up 6% to 408 mt in 2015-16 .
• Commodity market getting back on its feet, turnover jumps 9% .
• Previous govts named schemes after members of one family: 
• Read More - Stock Tips

Air India likely to make 6% profit this fiscal

Air India - For the first time since merger of Indian Airlines into Air India, the national carrier is likely to report an operating profit of about Rs six crores in the current fiscal, owing to a combination of factors including lower fuel costs and Dreamliner operations, among others. 

The Dreamliners (Boeing 787-800) are helping the company to turnaround it's business in a big way, said Anil Mehta, the Officer on Special Duty (OSD) to the AI Chairman and Managing Director.At present, the state-run carrier has 21 Boeing 787-800 aircraft in its fleet of 107 planes.
 

"These (Dreamliner) aircraft have reduced our operating costs and increased our operating revenues in recent years... we will post an operating profit in the range of Rs 6 to Rs 7 crore this year," Mehta said during a press conference here today.
 

Mehta claimed that unlike the older aircraft having 195 seat capacity, the new Dreamliner is capable to take 256 passengers in single flight, enabling Air India to cover it's costs for the flights it operates through these aircraft.
 

"Such increase in seat capacity is a decisive factor in this business, as we are now able to take more passengers in single flight," he said.In addition, these aircraft burn less fuel and that has helped the airline reduce its fuel bill and the subsequent reduction in losses as well, he said.
 

Civil Aviation Secretary R N Choubey had also early last month said Air India was going to report operating profit, about Rs six crore, in this financial year.The airline is benefiting from fall in crude oil prices and improved operational efficiency, he had said.Besides, better on-time performance and increased availability of passenger aircraft have helped (Air India) in improving operational efficiency, Choubey had said.

Commodity Updates and Free Tips for Trading, 4 May 2015

Commodity updates: Mustard seed prices closed higher by 0.95 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for May 2015 contract closed at Rs. 3,822 per quintal, upward by 0.95 %, after opening at Rs. 3,798 against the last closing price of Rs. 3,786. It touched the intra-day maximum of Rs. 3,827. The commodity exchanges remained closed on May 1, 2015 on account of Maharashtra Day that is being observed in the financial capital Mumbai.

India produces 5.5 million MT to7 million MT annually and about 0.15 million MT is retained for scatter and direct consumption as seed which leaves about 4.8-5.1 million MT for squashing and extracting oil.

Jeera prices closed lower by 1.37 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export desired. At the NCDEX, jeera futures for May 2015 contract closed at Rs. 17,650 per quintal, down by 1.37 per cent, after opening at Rs. 17,895 against the last endimg price of Rs. 17,895. It touched the intra-day low of Rs. 17,180. The commodity exchanges remained ended on May 1, 2015 on account of Maharashtra Day that is being observed in the financial capital Mumbai.

Maize prices ended lower by 0.17 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak offtakes from the local buyers. At the NCDEX, maize futures for May 2015 contract closed at Rs. 1,194 per quintal, down by 0.17 per cent, after opening at Rs. 1,200 against the last ending price of Rs. 1,196. It touched the intra-day low of Rs. 1,166. The commodity exchanges remained closed on May 1, 2015 on account of Maharashtra Day that is being observed in the financial capital Mumbai.

Stock Market Free Tips For Trading: 

STOCK FUTURES

FUTURE: BUY APOLLO TYRE ABOVE 175 TGTS 175.75/177/178.75 SL 174 

STOCK FUTURES

FUTURE: BUY BHART FORGE ABOVE 1284 TGTS 1290/1300/1314 SL 1276 

EQUITY HNI

EQUITY HNI: BUY WOCKPHARMA ABOVE 1313 TGTS 1328/1348 SL 1298 

ULTRA EQUITY

ULTRA CASH: BUY HDFC ABOVE 1183 TGTS 1193/1208 SL 1171

EQUITY TIPS

CASH: BUY TITAN ABOVE 385 TGTS 388/393/400 SL 381

ULTRA FUTURES

ULTRA FUTURE: BUY WOCK PHARMA ABOVE 1330 TGTS 1350/1378 SL 1310 

STOCK OPTIONS

OPTION: BUY DLF 140 PUT ABOVE 7.75 TGTS 8.25/9/10.25 SL 7

ULTRA EQUITY

ULTRA CASH: HDFC HIT 1ST TGT 1193 HIGH OF 1194.55

STOCK OPTIONS

OPTION: DLF 140 PUT HIT 1ST TGT 8.25 BOOK PART PROFIT

EQUITY TIPS

CASH: TITAN BUY CALL HIT 1ST TGT 388 HIGH OF 388.30 BOOK PART PROFIT 

NIFTY FUTURES

NIFTY: BANK NIFTY SELL CALL HIT 1ST TGT 18599 LOW OF 18580 BOOK PART PROFIT

NIFTY OPTIONS

OPTION: NIFTY 8500 PUT HIT 1ST TGT 263 HIGH OF 265.75 BOOK PART PROFIT 

EQUITY TIPS

CASH: TITAN BUY CALL HIT 2ND TGT 393 HIGH OF 394.25 BOOK MORE PROFIT

Commodity updates for 1 May 2015

Mcx commodity tips: Lead prices surged on Thursday at the domestic markets due to the decline in the lead stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME lead stocks fell by 4325 metric tonnes to 174775 metric tonnes as on April 30, 2015. At the MCX, Lead futures, for the April 2015 contract, is trading at Rs 134.20 per kg, up by 0.41 %, after opening at Rs 133.30, against a last close of Rs 133.65. It touched an intra-day maximum of Rs 134.85 till the trading. Prices also rose as a result of high demand for the commodity from battery-maker in the spot market in the midst of strong overseas trend.

Crude updates and Mcx commodity tips for 30 April 2015

Mcx commodity tips: Crude oil futures surged in the domestic and overseas market on Wednesday as investors and speculators booked fresh positions in the energy commodity as a weaker dollar boosted the demand for the fuel as an alternative asset. Weaker greenback makes crude cheaper for those holding other currencies, thus bolstering demand. Further, better than expected US stockpiles data eased fears over a worsening global supply glut. While US crude supplies rose for a sixteenth week on the trot to a record high, those at Cushing, the US’ largest oil storage hub fell. EIA said that US crude supplies climbed 1.91 million barrels to 490.9 million barrels in the week ended April 24, 2015, compared to analysts estimates of a 3.3 million barrels uptick. Meanwhile, stockpiles at Cushing fell by 514,000 barrels to 61.7 million barrels last week. Refineries in the US operated at 91.3 per cent of their capacity, up from 91.2 per cent in the last week, signaling a pickup in fuel desired. Investors shrugged off tepid US GDP data which showed that the world’s biggest economy grew only 0.2 per cent in Q1 following a 2.2 per cent increase in the previous quarter with gains in consumer spending slowing to 1.9 per cent from 4.4 per cent in Q4. Meanwhile, contracts to buy previously owned homes in the US rose sharply last month, signaling a pickup in the country’s housing market, supporting crude. US pending home sales climbed 1.1 per cent in March from the previous month when they climbed a revised 3.6 per cent. Oil may extend a rally today as slowing gains in US supplies boost sentiment. At the MCX, Crude oil futures, for the May 2015 contract, ended at Rs 3,755 per barrel, upward by 3.56 per cent, after opening at Rs 3,607, against the previous close price of Rs 3,626. It touched an intraday high of Rs 3,771 till the closing.

Securities in Ban For Trade Date 30-APR-2015: as per www.nse-india.com

           

1. CENTURYTEX 

2. UNITECH

Free trading tips:

STOCK FUTURES

FUTURE: SELL INDIAN OIL CORPORATION(IOC) BELOW 347 TGTS 345.50/342/338.50 SL 349

EQUITY HNI

EQUITY HNI: BTST TORNTPHARMA HIT 1ST TGT 1230 HIGH OF 1238.70 REC TO BUY @ 1215 BOOK PART PROFIT

STOCK FUTURES

FUTURE: BUY APOLLO TYRE ABOVE 173.50 TGTS 174.25/175.50/177.25 SL 172.50 

STOCK FUTURES

FUTURE: APOLLO TYRE HIT 1ST TGT 174.25 HIGH OF 174.55 BOOK PART PROFIT 

EQUITY HNI

EQUITY HNI: BUY ORISSAMINE ABOVE 2615 TGTS 2645/2700 SL 2580

ULTRA FUTURES

ULTRA FUTURE: SELL PNB BELOW 158 TGTS 156/153.20 SL 160 

ULTRA EQUITY

ULTRA CASH: BUY NAUKRI ABOVE 785 TGTS 792/802 SL 777

ULTRA FUTURES

ULTRA FUTURE: BUY HIND PETRO ABOVE 620 TGTS 625/632 SL 615 

ULTRA FUTURES

ULTRA FUTURE: HIND PETRO ALMOST HIT OUR 1ST TGT 625 HIGH OF 624.90 BOOK PART PROFIT 

COMEX PACK

COMEX: BUY CRUDE OIL ABOVE 58.70 TGTS 59.20/59.90 SL 58.20 

ULTRA EQUITY

ULTRA CASH: LIVHSGFIN BUY CALL HIT 1ST TGT 435 BOOK PART PROFIT

Chana prices closed lower by 0.05 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states. At the NCDEX, chana futures for May 2015 contract closed at Rs. 4,205 per quintal, down by 0.05 %, after opening at Rs. 4,210 against the last closing price of Rs. 4,207. It touched the intra-day low of Rs. 4,185.

Gold futures closed higher in the domestic market on Wednesday as investors and speculators booked fresh positions in the precious metal as a weaker dollar boosted the demand for the precious metal as an alternative asset. Weaker greenback makes gold cheaper for those holding other currencies, thus bolstering demand. Further, the US Federal Reserve stuck to its record low interest rate policy stance amid slowing growth in the world’s biggest economy, bolstering the appeal of the bullion as a store of value. The Fed re-iterated that it will undertake a maiden US interest rate lift-off since 2006, only when it sees improvement in the labour market while it saw inflation moving back to the 2 per cent goal gradually. With the economy barely growing up in Q1 and consumer spending & job gains slowing, analysts have pared back expectations of an initial rate rise to September from June earlier. Gold may extend gains today amid dimming expectations of a near-term US rate hike.

At the MCX, Gold futures for June 2015 contract closed at Rs 27,238 per 10 gram, up by 0.18 per cent after opening at Rs 27,123, against the last ending price of Rs 27,190. It touched the intra-day maximum of Rs 27,274 till the closing.

Zinc futures raised in the domestic market on Wednesday as investors and speculators booked fresh positions in the industrial metal amid a pickup in physical demand for zinc in the domestic spot market. Investors cast aside a drop in economic sentiment in the Euro area which signaled a slowing recovery in the 19-member economy. The gauge measuring Euro area economic sentiment fell to 103.7 in April from 103.9 in March.

At the MCX, Zinc futures for April 2015 contract closed at Rs 165.6 per 1 kg, up by 2.79 per cent after opening at Rs 161.1, against the previous closing price of Rs 161.50. It touched the intra-day high of Rs 166.6 till the closing.

Commodity Updates and Free Tips for 29 April 2015

Stock Market News: Mustard Seed prices ended lower by 1.66 % on Tuesday 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 the NCDEX, Mustard Seed futures for May 2015 contract closed at Rs. 3,801 per quintal, down by 1.66 %, after opening at Rs. 3,847 against the last closing price of Rs. 3,865. It touched the intra-day low of Rs. 3,794.

Free trading calls

ULTRA FUTURES

ULTRA FUTURE: BUY BPCL ABOVE 762 TGTS 767/774 SL 757

STOCK FUTURES

FUTURE: BUY ARVIND ABOVE 254.50 TGTS 256/258.50/262 SL 252.50

EQUITY HNI

EQUITY HNI: BUY HINDUNILEVER ABOVE 864 TGTS 872/883 SL 854

OPTIONS HNI

OPTION HNI: BUY IDBI 75 CALL ABOVE 1 TGTS 1.75/2.75 SL 0.10

STOCK FUTURES

FUTURE: BUY HIND PETRO ABOVE 622.25 TGTS 625.25/630.25/637.25 SL 618.25 

ULTRA EQUITY

ULTRA CASH: BUY INDIABULLS ABOVE 54.50 TGTS 55.40/57.40 SL 53.50 

EQUITY TIPS

CASH: BUY UNIONBANK ABOVE 143.60 TGTS 144.80/147.10/152.20 SL 142.10 

ULTRA EQUITY

ULTRA CASH: BUY IBREALEST (INDIABULLS REAL ESTATE LTD) ABOVE 54.50 TGTS 55.40/57.40 SL 53.50 

ULTRA FUTURES

ULTRA FUTURE: BUY HEXAWARE ABOVE 313 TGTS 314.25/316 SL 311.75 

STOCK FUTURES

FUTURE: ARVIND HIT 1ST TGT 256 BOOK PART PROFIT

OPTIONS HNI

OPTION HNI: BUY IDBI 75 CALL ABOVE 1 TGTS 1.75/2.75 SL 0.10

OPTIONS HNI

OPTION HNI: IDBI 75 CALL MADE A HIGH OF 1.65 NEAR TO OUR 1ST TGT 1.75 BOOK PART PROFIT AND REVISE SL AT COST

Chana prices closed lower by 0.62 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states. At the NCDEX, chana futures for June 2014 contract closed at Rs. 4,200 per quintal, down by 0.62 per cent, after opening at Rs. 4,238 against the previous closing price of Rs. 4,226. It touched the intra-day low of Rs. 4,165.

Barley prices closed lower by 1.36 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the demand from beer and cattle-feed makers. At the NCDEX, barley futures for May 2015 contract closed at Rs. 1,266 per quintal, down by 1.36 per cent, after opening at Rs. 1,292 against the previous closing price of Rs. 1,283.5. It touched the intra-day low of Rs. 1,263.5.

Jeera prices closed higher by 1.76 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At the NCDEX, jeera futures for May 2015 contract closed at Rs. 18,190 per quintal, up by 1.76 per cent, after opening at Rs. 17,770 against the previous closing price of Rs. 17,875. It touched the intra-day high of Rs. 18,340.

Securities in Ban for Trade Date 29-APR-2015: as per www.nse-india.com

1.WOCKPHARMA

2.IBREALEST

3.CENTURYTEX

4.UNITECH

Stock Market News and Free trading tips for 28 April 2015

Stock Market News: Natural Gas futures slumped in the domestic and overseas market on Monday as investors and speculators exited positions in the energy commodity amid bets that the end of the winter season may curb demand for the heating fuel. Latest weather forecasting models called for mostly mild weather across the US. About 49 per cent of American households use natural gas for heating purposes.

At the MCX, Natural Gas futures for April 2015 contract closed at Rs 157.3 per 1 kg, down by 2.48 per cent after opening at Rs 160, against the previous closing price of Rs 161.3. It touched the intra-day low of Rs 155.4 till the closing.

Crude oil futures jumped in the domestic market on Monday as investors and speculators continued to book profits in the energy commodity which hit the highest level this year last week as the worsening conflict in Yemen sparked concerns over supply disruptions from the oil-rich Middle East, and a falling oil rig count signaled lower US production, going forward. Still, investors remained skeptical amid record US supplies which have surged for 15 straight weeks and now stand at an all-time high of 489 million barrels. Meanwhile, US services activity expanded at a weaker clip in April while a regional factory gauge plunged, signaling a deepening slowdown in the world’s biggest economy, clouding the demand outlook for the fuel. The gauge measuring US services fell to 57.8 in April from 59.2 in March, with a reading above 50 signaling expansion. The index measuring manufacturing in the Texas region fell to -16 this month from -17.4 in March, below the reading of 0 that separates expansion from contraction. Oil may extend its bearish ride today on expectations that US crude stockpiles rose for 16 straight weeks and after Saudi Arabia said that it was willing to supply China additional fuel, if needed.

At the MCX, Crude oil futures, for the May 2015 contract, closed at Rs 3,611 per barrel, down by 1.07 per cent, after opening at Rs 3,642, against the previous close price of Rs 3,650. It touched an intraday low of Rs 3,601 till the ending.

Zinc prices rose by 0.98 per cent on Monday at the domestic markets due to the decline in the zinc stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME zinc stocks fell by 2650 metric tonnes to 478725 metric tonnes as on 27 April 2015. Zinc futures for April 2015 contract, at MCX, were trading at Rs 144.50/kg, upward by 0.98 % after opening at Rs. 143.30 against the last ending price of Rs. 143.10. It touched the intra-day high of Rs. 145.40 till the trading.

Stock Market Tips

STOCK FUTURES

FUTURE: BUY BPCL ABOVE 743 TGTS 746/751/758 SL 739

EQUITY HNI

EQUITY HNI: BUY CENTURYTEXTILE ABOVE 640 TGTS 650/670 SL 630 

STOCK FUTURES

FUTURE: BPCL HIT 1ST TGT 746 HIGH OF 747.70 BOOK PART PROFIT 

STOCK FUTURES

FUTURE: BUY UPL ABOVE 452.50 TGTS 454/456.50/460 SL 450.50 

EQUITY HNI

EQUITY HNI: CENTURYTEXTILE BUY CALL HIT 1ST TGT 650 CMP 652 BOOK PART PROFIT

STOCK FUTURES

FUTURE: BUY AXIS BANK ABOVE 528.50 TGTS 531.50/536.50/543.50 SL 524.50

EQUITY TIPS

CASH: BUY KARURVYSYA BANK ABOVE 486 TGTS 490/495/505 SL 481 

ULTRA FUTURES

ULTRA FUTURE: BUY BHARAT FORGE ABOVE 1181 TGTS 1191/1205 SL 1171 

STOCK OPTIONS

OPTION: BUY ARVIND 250 CALL ABOVE 3 TGTS 4/5.50/8 SL 1.50

ULTRA EQUITY

ULTRA CASH: BUY NBCC ABOVE 743 TGTS 750/765 SL 735

INTERNATIONAL FOREX PACK

I FOREX: BUY GBPUSD ABOVE 1.5230 TGTS 1.5250/1.5280 SL 1.5210

Mcx commodity tips and Market updates for 27 April 2015

Mcx commodity tips: Chana prices closed higher 1.44 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. At NCDEX, chana futures for May 2015 contract ended at Rs. 4,099/quintal, up by 1.44 per cent, after opening at Rs. 4,062 against the previous closing price of Rs. 4,041. It touched the intra-day high of Rs. 4,131.

Mustard seed prices closed bigger by 2.18 % on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At NCDEX, mustard seed futures for May 2015 contract closed at Rs. 3,800/quintal, up by 2.18 per cent, after opening at Rs. 3,737 against the previous closing price of Rs. 3,719. It touched the intra-day high of Rs. 3,824.

Jeera prices closed lower by 2.55 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export desired. At NCDEX, jeera futures for May 2015 contract ended at Rs. 17,990/quintal, down by 2.55 per cent, after opening at Rs. 18,500 against the previous ending price of Rs. 18,460. It touched the intra-day low lying of Rs. 17,910.

Barley prices closed higher by 2.94 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of strong demand from beer and cattle-feed making industries against restricted supply in physical markets. At NCDEX, barley futures for May 2015 contract closed at Rs. 1,262 per quintal, up by 2.94 per cent, after opening at Rs. 1,228 against the previous closing price of Rs. 1,226. It touched the intra-day high of Rs. 1,268.

Free Trading Tips for Monday

ULTRA FUTURES

ULTRA FUTURE: BUY ADANI ENETRPRISE ABOVE 665 TGTS 670/677 SL 660

ULTRA FUTURES

ULTRA FUTURE: BTST HEXAWARE HIT 1ST TGT 310.50 HIGH OF 311.10 AS REC TO BUY @ 308.50 OM FIRDAY BOOK PROFIT AND EXIT

INTERNATIONAL FOREX PACK

I FOREX: SELL GBPUSD BELOW 1.5166 TGTS 1.5146/1.5116 SL 1.5186 

ULTRA FUTURES

ULTRA FUTURE: SELL HEXAWARE BELOW 305.50 TGTS 304.25/302.50 SL 306.75 

ULTRA FUTURES

ULTRA FUTURE: SELL WOCK PHARMA BELOW 1536 TGTS 1531/1524 SL 1541 

ULTRA FUTURES

ULTRA FUTURE: WOCK PHARMA ALMOST HIT 1ST TGT 1531 LOW OF 1531.10 BOOK PART PROFIT AT CMP

STOCK FUTURES

FUTURE: BUY AURO PHARMA ABOVE 1240 TGTS 1246/1256/1270 SL 1231 

STOCK OPTIONS

OPITON: BUY ADANIENT 660 CALL ABOVE 8 TGTS 10/13/18 SL 5

FUTURE BONANZA

FUTURE BOANANZA: BUY UPL ABOVE 439 TGT 444/451 SL 434

EQUITY HNI

EQUITY HNI: BUY CRISIL ABOVE 1851 TGTS 1871/1901 SL 1830

FUTURE BONANZA

FUTURE BONANZA: BUY WOCK PHARMA ABOVE 1527 TGTS 1537/1551 SL 1517

Stock Market Tips For 10 April 2015

Stock Market News: Chana prices ended lower by 1.05 % on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states. At the NCDEX, chana futures for April 2015 contract ended at Rs. 3,852 per quintal, downward by 1.05 %, after opening at Rs. 3,898 against the last ending price of Rs. 3,893. It touched the intra-day low of Rs. 3,842.

Stock Market Tips For 10 April

ULTRA FUTURES 

ULTRA FUTURE: BUY BPCL ABOVE 820 TGTS 825/832 SL 815 

NIFTY FUTURES 

NIFTY: SELL NIFTY BELOW 8794 TGTS 8774/8744/8694 SL 8819 

STOCK OPTIONS 

OPTION: BUY RECLTD 330 CALL ABOVE 14 TGTS 15/16.50/19 SL 12.50 

OPTIONS HNI 

OPTION HNI: BUY JP ASSOCIATE 25 CALL ABOVE 1.70 TGTS 2.10/3.10 SL 1.20 

ULTRA FUTURES 

ULTRA FUTURE: SELL WOCK PHARMA BELOW 1854 TGTS 1849/1842 SL 1859 

STOCK OPTIONS 

OPTION: BUY VOLTAS 300 CALL ABOVE 10.75 TGTS 11.75/13.25/15.75 SL 9.25 

EQUITY TIPS 

CASH: BUY VOLTAS ABOVE 294.50 TGTS 296.50/299.50/304.50 SL 292 

STOCK FUTURES 

FUTURE: BUY BHARAT FORGE ABOVE 1341 TGTS 1347/1357/1371 SL 1333 

ULTRA FUTURES 

ULTRA FUTURE: BPCL MADE A HIGH OF 824.65 NEAR TO OUR 1ST TGT 825 BOOK PART PROFIT AT CMP 824.60 

ULTRA OPTIONS 

ULTRA OPTION: BUY TATAPOWER 80 CALL ABOVE 1.70 TGTS 2.20/3.20 SL 1.20 

EQUITY HNI 

EQUITY HNI: BUY MCX ABOVE 1145 TGTS 1160/1180 SL 1130 

STOCK OPTIONS 

OPTION: VOLTAS 300 CALL HIT 1ST TGT 11.75 BOOK PART PROFIT 

FUTURE BONANZA 

FUTURE BONANZA: BUY HDIL ABOVE 137 TGTS 138.25/140 SL 135.75

Barley prices ended higher by 0.66 % on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of strong desired from beer and cattle-feed making industries against restricted supply in physical markets. At the NCDEX, barley futures for April 2015 contract ended at Rs. 1,145 per quintal, up by 0.66 %, after opening at Rs. 1,145 against the last ending price of Rs. 1,137.5. It touched the intra-day high of Rs. 1,155.5.

Mustard Seed prices ended lower by 0.14 % on Thursday 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 desired of mustard meal. At the NCDEX, Mustard Seed futures for May 2015 contract ended at Rs. 3,593 per quintal, downward by 0.14 %, after opening at Rs. 3,600 against the last ending price of Rs. 3,598. It touched the intra-day low of Rs. 3,575.

Maize prices ended lower by 1.09 % on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak off takes from the local buyers. At the NCDEX, maize futures for May 2015 contract ended at Rs. 1,180 per quintal, downward by 1.09 %, after opening at Rs. 1,185 against the last ending price of Rs. 1,193. It touched the intra-day low of Rs. 1,177.

Jeera prices ended higher by 2.78 % on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At the NCDEX, jeera futures for April 2015 contract ended at Rs. 16,820 per quintal, up by 2.78 %, after opening at Rs. 16,545 against the last ending price of Rs. 16,365. It touched the intra-day high of Rs. 17,280.

Crude oil futures surged in the domestic market on Thursday as the hefty losses in the last session a midst a record US stockpile glut, offered good bargain buying opportunity to investors, in the energy commodity, at existing levels.

Further, a Saudi Arabian oil official termed the current decreased in oil prices as “temporary” with crude seen stabilizing at USD 55- USD 60 per barrel amid stronger desired. “I’m very optimistic about recovery of oil prices. The world’s current political, economic or petroleum problems are temporary and their effect on the whole world system is limited”.

A sustained progress in the labour market of the world’s largest economy also lifted the desired outlook for the fuel. Firings in the US slumped to a 15-year low over the past month as average jobless claims in the four weeks ended April 4 stood at 282,250, the lowest since June 2000. Unemployment claims rose by 14,000 to 281,000 last week, lagging estimates of a rise to 283,000. Oil may extend gains today amid uncertainty over negotiations related to Iran’s nuclear program.

At the MCX, Crude oil futures, for the April 2015 contract, ended at Rs 3,215 per barrel, up by 1.04 %, after opening at Rs 3,195, against the last close price of Rs 3,182. It touched an intraday high of Rs 3,250 till the ending.

Gold futures ended lower in the domestic and overseas market on Thursday as investors and speculators exited positions in the precious metal amid renewed fears that the US Federal Reserve is moving towards undertaking a maiden interest rate hike since 2006, dimming the appeal of the bullion as a store of value.

Minutes from the Fed’s newest policy meet in March signaled that policymakers were split over the prospect of an initial rate lift-off in June, a divide that occurred before the insipid March payrolls data was released. Despite the slow downward in the world’s biggest economy evident by recent tepid data, Federal Reserve Bank of New York President William Dudley feels that a June rate hike is still an option if economic data were to pick up over the next couple of months. Gold futures may rebound today amid a pickup in physical desired for the precious metal in Asia.

At the MCX, Gold futures for June 2015 contract ended at Rs 26,521 per 10 gram, downward by 0.89 % after opening at Rs 26,700, against the last ending price of Rs 26,760. It touched the intra-day low of Rs 26,462 till the ending.

Natural Gas futures slumped in the domestic and overseas market on Thursday as investors and speculators exited positions in the energy commodity after US gas supplies rose more than estimated last week, signaling weaker desired for the weather-sensitive fuel in the world’s biggest economy.

At the MCX, Natural Gas futures for April 2015 contract ended at Rs 162.80 per 1 kg, downward by 2.98 % after opening at Rs 168.2, against the last ending price of Rs 167.8. It touched the intra-day low of Rs 162.4 till the ending.

Zinc futures surged in the domestic market on Thursday as investors and speculators booked fresh positions in the industrial metal as a rebound in German industrial output in February signaled a pickup in Europe’s biggest economy, lifting the desired outlook for industrial metals. German industrial output climbed by 0.2 % in February from the last month, when it fell 0.4 

At the MCX, Zinc futures for April 2015 contract ended at Rs 135.65 per 1 kg, up by 1.04 % after opening at Rs 134.15, against the last ending price of Rs 134.25. It touched the intra-day high of Rs 135 till the ending.

Commodity Tips and Updates for 9 April 2015

Stock Market News: Natural Gas futures jumped in the domestic and overseas market on Wednesday as investors and speculators exited positions in the energy commodity ahead of weekly US supplies data to be released on Thursday which may show a stockpile-build last week, signaling weakening demand for the fuel in the world’s biggest fuel consumer. At the MCX, Natural Gas futures for April 2015 contract ended at Rs 163.90 per 1 kg, downward by 2.67 % after opening at Rs 167.3, against the last ending price of Rs 168.4. It touched the intra-day low-lying of Rs 163.4 till the ending.

Stock Trading Tips

STOCK FUTURES

FUTURE: BUY BPCL ABOVE 835.50 TGTS 838.50/843.50/850.50 SL 831.50

STOCK FUTURES

FUTURE: BPCL HIT 1ST TGT 838.50 HIGH OF 838.75 BOOK PART PROFIT 

ULTRA FUTURES

ULTRA FUTURE: SELL WOCK PHARMA BELOW 1961 TGTS 1956/1949 SL 1966

FUTURE BONANZA

FUTURE BONANZA: BUY HEXAWARE ABOVE 327.50 TGTS 330/333.50 SL 325

STOCK OPTIONS

OPTION: BUY VOLTAS 300 CALL ABOVE 12 TGTS 13/14.50/17 SL 10.50 

ULTRA FUTURES

ULTRA FUTURE: WOCK PHARMA HIT 1ST TGT 1956 LOW OF 1950 NEAR TO OUR FINAL TGT 1949 BOOK PROFIT AND EXIT

ULTRA EQUITY

ULTRA CASH: SELL ABB BELOW 1380 TGTS 1367/1352 SL 1395 

ULTRA FUTURES

ULTRA FUTURE: BUY HDIL ABOVE 136 TGTS 136.65/137.50 SL 135.25 

STOCK FUTURES

FUTURE: BUY JUBILANT FOOD ABOVE 1620 TGTS 1626/1636/1650 SL 1612 

EQUITY HNI

EQUITY HNI: BUY TATAELXSI ABOVE 1385 TGTS 1400/1450 SL 1370 

OPTIONS HNI

OPTION HNI: JSWENERGY 120 CALL HIT 1ST TGT 4.85 HIGH OF 66.25 REC TO BUY @ 7 APRIL

Mustard seed prices ended higher by 1.25 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for April 2015 contract ended at Rs. 3,572 per quintal, upward by 1.25 %, after opening at Rs. 3,522 against the last ending price of Rs. 3,528. It touched the intra-day high of Rs. 3,604.

Chana prices ended higher 2.51 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. At the NCDEX, chana futures for April 2015 contract ended at Rs. 3,881 per quintal, upward by 2.51 %, after opening at Rs. 3,790 against the last ending price of Rs. 3,786. It touched the intra-day high of Rs. 3,908.

Jeera prices ended higher by 3.97 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At NCDEX, jeera futures for April 2015 contract ended at Rs. 16,365/quintal, upward by 3.97 %, after opening at Rs. 15,600 against the last ending price of Rs. 15,740. It touched the intra-day high of Rs. 16,365.

Barley prices ended higher by 3.54 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of strong demand from beer and cattle-feed making industries against restricted supply in physical markets. At the NCDEX, barley futures for April 2015 contract ended at Rs. 1,140/quintal, upward by 3.54 %, after opening at Rs. 1,102 against the last ending price of Rs. 1,101. It touched the intra-day high of Rs. 1,145.

Maize prices ended lower by 0.41 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak off takes from the local buyers. At NCDEX, maize futures for April 2015 contract ended at Rs. 1,208 per quintal, downward by 0.41 %, after opening at Rs. 1,200 against the last ending price of Rs. 1,213. It touched the intra-day low of Rs. 1,200.

Crude oil futures tumbled in the domestic and overseas market on Wednesday as investors and speculators exited positions in the energy commodity after oil storage in the US hit a fresh record as inventories soared by the most since March 2001, exacerbating a global supply glut. At MCX, Crude oil futures, for the April 2015 contract, ended at Rs 3,182 per barrel, downward by 4.3 %, after opening at Rs 3,303, against the last close price of Rs 3,325. It touched an intraday low of Rs 3,166 till the ending.

Zinc futures ended higher in the domestic market on Wednesday as investors and speculators booked fresh positions in the industrial metal amid a pickup in physical demand for zinc in the domestic spot market. At MCX, Zinc futures for April 2015 contract ended at Rs 134.25 per 1 kg, up by 0.22 % after opening at Rs 133.5, against the last ending price of Rs 133.95. It touched the intra-day high of Rs 134.5 till the ending.

Gold futures ended lower in the domestic market on Wednesday as investors and speculators exited positions in the precious metal tracking a bearish trend in the overseas market as minutes from the US Federal Reserve’s March policy meet signaled a split among FOMC officials over the prospect of an initial interest rate lift-off in June. At the MCX, Gold futures for June 2015 contract ended at Rs 26,670 per 10 gram, downward by 0.43 % after opening at Rs 26,880, against the last ending price of Rs 26,875. It touched the intra-day low of Rs 26,671 till the ending.

Gold Futures for June 2015 Contract Ended at Rs 26,875

DAILY BUZZ

Gold futures ended lower in the domestic market on Tuesday as investors and speculators exited positions in the precious metal tracking a bearish trend in the overseas market as a stronger dollar curbed the demand for the bullion as an alternative asset. At MCX, Gold futures for June 2015 contract ended at Rs 26,875 per 10 gram, down by 0.45 % after opening at Rs 26,980, against the last ending price of Rs 26,997. It touched the intra-day low of Rs 26,852 till the ending.

Mcx commodity tips and Stock Tips

STOCK FUTURES

FUTURE: BUY BPCL ABOVE 821 TGTS 824/829/836 SL 817

ULTRA FUTURES

ULTRA FUTURE: BUY BHARAT FORGE ABOVE 1337 TGTS 1347/1361 SL 1327 

ULTRA FUTURES

ULTRA FUTURE: BUY WOCK PHARMA ABOVE 1989 TGTS 1994/2001 SL 1984 

NIFTY FUTURES

NIFTY: SELL BANK NIFTY BELOW 18625 TGTS 18585/18525/18425 SL 18675 

STOCK FUTURES

FUTURE: BPCL HIT 1ST TGT 824 HIGH OF 825.90 BOOK PART PROFIT 

NIFTY FUTURES

NIFTY: BANK NIFTY SELL CALL HIT 1ST TGT 18585 LOW OF 18577 BOOK PART PROFIT 

NIFTY BONANZA

NIFTY BONANZA: BUY BANK NIFTY ABOVE 18600 TGTS 18680/18780 SL 18500 

FUTURE BONANZA

FUTURE BONANZA: BUY HDIL ABOVE 128.00 TGTS 129.25/131 SL 126.85 

EQUITY HNI

EQUITY HNI: BUY ABB ABOVE 1354 TGTS 1369/1389 SL 1339

ULTRA FUTURES

ULTRA FUTURE: BOOK PART PROFIT IN BHARAT FORGE BUY CALL AT CMP 1344.80 NEAR TO OUR 1ST TGT 1347

FUTURE BONANZA

FUTURE BONNZA: HDIL HIT 1ST TGT 129.25 HIGH OF 129.60 BOOK PART PROFIT OF RS 5000 IN SINGLE LOT

Crude oil futures sweep in the domestic market on Tuesday as investors and speculators booked fresh positions in the energy commodity ahead of EIA data set for release on Wednesday, which may show a second straight weekly decline in US crude production, easing fears of a global supply glut. At MCX, Crude oil futures, for the April 2015 contract, ended at Rs 3,325 per barrel, up by 2.18 %, after opening at Rs 3,240, against the last close price of Rs 3,254. It touched an intraday high of Rs 3,365 till the ending.

Natural Gas futures ended bigger in the domestic and overseas market on Tuesday as investors and speculators booked fresh positions in the energy commodity amid speculation that cooler than normal temperatures may boost heating demand for the fuel in the world’s biggest fuel consumer. At MCX, Natural Gas futures for April 2015 contract ended at Rs 168.40 per 1 kg, up by 1.57 % after opening at Rs 166.5, against the last ending price of Rs 165.8. It touched the intra-day high of Rs 169.9 till the ending.

Zinc futures surged in the domestic market on Tuesday as investors and speculators booked fresh positions in the industrial metal after private sector output in the Euro area surged to the highest level in 11 months in March 2015, signaling a pickup in the 19-member economy, lifting the demand outlook for zinc. At MCX, Zinc futures for April 2015 contract ended at Rs 133.95 per 1 kg, up by 1.02 % after opening at Rs 132.65, against the last ending price of Rs 132.60. It touched the intra-day high of Rs 134.45 till the ending.

Chana prices ended bigger 0.05 % on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. At the NCDEX, chana futures for April 2015 contract ended at Rs. 3,785 per quintal, up by 0.05 %, after opening at Rs. 3,800 against the last ending price of Rs. 3,783. It touched the intra-day high of Rs. 3,812.

Jeera prices ended bigger by 2.81 % on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At NCDEX, jeera futures for April 2015 contract ended at Rs. 15,720 per quintal, up by 2.81 %, after opening at Rs. 15,450 against the last ending price of Rs. 15,290. It touched the intra-day high of Rs. 16,150.

Barley prices ended bigger by 0.92 % on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of strong demand from beer and cattle-feed making industries against restricted supply in physical markets. At NCDEX, barley futures for April 2015 contract ended at Rs. 1,098.5 per quintal, up by 0.92 %, after opening at Rs. 1,096 against the last ending price of Rs. 1,088.5. It touched the intra-day high of Rs. 1,106.

Mustard Seed prices ended lower by 0.25 % on Tuesday 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 April 2015 contract ended at Rs. 3,528 per quintal, down by 0.25 %, after opening at Rs. 3,540 against the last ending price of Rs. 3,537. It touched the intra-day low of Rs. 3,526.

Maize prices ended lower by 1.56 % on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of bigger global supplies and weak offtakes from the local buyers. At NCDEX, maize futures for April 2015 contract ended at Rs. 1,202 per quintal, down by 1.56 %, after opening at Rs. 1,212 against the last ending price of Rs. 1,221. It touched the intra-day low of Rs. 1,192.

About Forex Tips

Rupee downward over new demand of dollar

The rupee slide 13 paise at 62.32 against the US dollar in trade today at the Interbank Foreign Exchange due to recognition of the American currency overseas. Fresh desired for the dollar from importers also weighed on the local currency but a bigger opening in the domestic equity market limited the rupee's losses. The rupee had closed 30 paise bigger at 62.19 against the American currency in yesterday's trade on encouraged selling of dollars by banks and exporters on hopes of foreign capital arrival in view of strong equity market.

About Derivatives Updates

Bank Nifty Index opened upward at 18666.60 with +61.15 points up from the last day ending at 18605.45 and ended negative at 18469.30. From the opening we saw hyper movement in Bank Index opened upward and near 10.30 O’clock Bank Index traded with day max of 18669.60 and around 12.45 O’clock Bank Index slide downward and traded with day low of 18351.80, till ending Bank Index regained but could not sustain at its last level and closed negative at 18469.30 with -0.73%, -136.15 points down and the full day Bank Nifty Index traded between 18669.60 to 18351.80 At the end of the market day Bank Nifty futures Loosed -0.97%, -180.50 points downward to close at 18485.00 from the last day ending at 18665.50 with the premium of +15.70 points and percent change in open interest of +8.62%.

Nifty futures opened upward at 8711.65 with +21.85 points from the last day ending at 8689.80. From the opening we saw constantly selling in Nifty Future Nifty opened with day max of 8727.65 and slide downward and near 12.30 o’clock Nifty made a day low of 8616.90 and ended negative at 8640.60. At the end of the day Nifty futures Loosed -0.60%, -52.00 points downward to close at 8637.80 from the last day ending at 8689.80 with daily discount of 22.50 points and percent change in open interest of +1.49%

Crude Oil futures Jumped in the Domestic and Overseas Market

Crude oil futures jumped in the domestic and overseas market on Monday after Saudi Arabia, the world’s biggest oil exporter, raised prices for its Asian buyers amid an improvement in refining margins. The most prominent crude player in the OPEC cut the discount on its main Arab light grade crude oil May sales to Asia as demand from refiners in the region improved. State-owned Saudi Arabian Oil Co., known as Saudi Aramco, has upped official selling prices for Asia for a second straight month while the country’s Oil Minister signaled an improvement in global demand, offering a boost to crude oil prices which have been battered amid fears over a worsening global supply glut. Investors are also betting that it may take some time for Iranian oil to return to the market even as the Islamic nation struck a preliminary nuclear accord with six global powers last week, with the deadline for the final deal being June 30. Despite the landmark nuclear accord, the pace of increasing of economic and financial sanctions against Iran is expected to be very slow to ensure compliance. Oil may extend gains today amid bets that the pace of US stockpile-build may slow while Iranian oil may make a very gradual return. At the MCX, Crude oil futures, for the April 2015 contract, ended at Rs 3,254 per barrel, up by 7.15 %, after opening at Rs 3,075, against the previous close price of Rs 3,037. It touched an intraday high of Rs 3,263 till the closing.

MCX Commodity Tips

EQUITY HNI

EQUITY HNI: BAJAJFINSV BUY CALL ALMOST HIT 1ST TGT 1450 HIGH OF 1449.90 BOOK PART PROFIT

STOCK OPTIONS

OPTION: BUY POWERGRID 150 CALL ABOVE 2.25 TGTS 2.75/3.50/4.75 SL 1.50

EQUITY HNI

EQUITY HNI: BUY BAJAJFINSV ABOVE 1435 TGTS 1450/1470 SL 1420 

EQUITY TIPS

CASH: RALLIS INDIA SELL CALL HIT 1ST TGT 230 BOOK PART PROFIT 

STOCK OPTIONS

OPTION: BHEL 230 CALL HIT 1ST TGT 11.50 CMP 11.85 

NIFTY FUTURES

NIFTY: BANK NIFTY BUY CALL ALMOST HIT 1ST TGT 18730 HIGH OF 18729.90 BOOK PART PROFIT

STOCK FUTURES

FUTURE: ALLAHABAD BANK HIT 1ST TGT 102.50 HIGH OF 102.60

STOCK OPTIONS

OPTION: BHEL 230 CALL ALMOST HIT 1ST TGT 11.50 CMP 11.45 BOOK PART PROFIT

ULTRA OPTIONS

ULTRA OPTION: WOCKPHARMA 1900 CALL HIT 1ST TGT 111 CMP 111.55 BOOK PART PROFIT

STOCK FUTURES

FUTURE: ALLAHABAD BANK MADE A HIGH OF 102.35 NEAR TO OUR 1ST TGT 102.50 BOOK PART PROFIT AND MAINTAIN SL AT COST

FUTURE BONANZA

FUTURE BONANZA: BUY WOCK PHARMA ABOVE 1935 TGTS 1945/1959 SL 1914 

EQUITY TIPS

CASH: SELL RALLIS INDIA BELOW 232 TGTS 230/227/222 SL 234.50

Gold futures ended lower in the domestic market on Monday as investors and speculators booked fresh positions in the precious metal after tepid US jobs data signaled a cooling labour market recovery in the world’s biggest economy, raising bets that the US Federal Reserve may delay planned monetary tightening, bolstering the appeal of the bullion as a store of value.Gold may fall today as a stronger dollar curbs the demand for the precious metal as an alternative asset. At the MCX, Gold futures for June 2015 contract ended at Rs 26,997 per 10 gram, up by 1.5 % after opening at Rs 26,645, against the last closing price of Rs 26,597. It touched the intra-day maximum of Rs 27,095 till the closing.

Zinc futures increased in the domestic market on Monday as investors and speculators booked fresh positions in the industrial metal after a faster expansion in services activity in China, the world’s biggest metals consumer, signaled an easing slow downward in the country’s economy, lifting the demand outlook for zinc. At the MCX, Zinc futures for April 2015 contract ended at Rs 132.60 per 1 kg, up by 0.11 % after opening at Rs 132.50, against the last closing price of Rs 132.45. It touched the intra-day max of Rs 134.50 till the closing.

Natural Gas futures jumped in the domestic and overseas market on Monday as investors and speculators exited positions in the energy commodity as the onset of the spring season was set to bring warmer temperatures throughout the US, cutting demand for the heating fuel in the world’s biggest economy. At MCX, Natural Gas futures for April 2015 contract ended at Rs 165.80 per 1 kg, downward by 1.90 % after opening at Rs 168, against the last closing price of Rs 169. It touched the intra-day low of Rs 165 till the closing.

Chana prices ended higher 3.18 % on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. At the NCDEX, chana futures for April 2015 contract ended at Rs. 3,792 per quintal, up by 3.18 %, after opening at Rs. 3,709 against the previous closing price of Rs. 3,675. It touched the intra-day high of Rs. 3,813.

Barley prices ended lower by 2.29 % on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the demand from beer and cattle-feed makers. At NCDEX, barley futures for April 2015 contract ended at Rs. 1,090 per quintal, downward by 2.29 %, after opening at Rs. 1,113 against the previous closing price of Rs. 1,115.5. It touched the intra-day low of Rs. 1,086.

Mustard seed prices closed bigger by 2.49 % on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At NCDEX, mustard seed futures for April 2015 contract closed at Rs. 3,540/quintal, up by 2.49 %, after opening at Rs. 3,488 against the last closing price of Rs. 3,454. It touched the intra-day high of Rs. 3,573.

Maize prices ended lower by 0.57 % on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak offtakes from the local buyers. At NCDEX, maize futures for April 2015 contract closed at Rs. 1,225 per quintal, downward by 0.57 %, after opening at Rs. 1,221 against the previous closing price of Rs. 1,232. It touched the intra-day low of Rs. 1,218.

Jeera prices ended higher by 3.98 % on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At NCDEX, jeera futures for April 2015 contract ended at Rs. 15,290 per quintal, upward by 3.98 %, after opening at Rs. 14,845 against the last closing price of Rs. 14,705. It touched the intra-day high of Rs. 15,290.