Market opened with decline, Nifty below 17100Today the stock market opened with a fall. The stock market started with a fall on the third trading day of the week amid weak global cues.
All India Weather Forecast for April 27, 2022Weather systems made across the countryA cyclonic circulation lies over Southeast Madhya Pradesh and adjoining parts of Chhattisgarh at low levels.A trough is extending from the cyclonic circulation over Southeast Madhya Pradesh up to Interior Karnataka passing through Vidarbha and Marathwada.A North South Trough is extending from Sikkim to West Bengal.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain occurred over parts of Interior Karnataka and Andhra Pradesh.Thunderstorm accompanied with dust storm, thundershower occurred in many parts of western and northern parts of Rajasthan, Haryana, Delhi NCR and western Uttar Pradesh.Light rain occurred over Coastal Karnataka, Jammu and Kashmir, Sikkim, Arunachal Pradesh, parts of Assam and one or two parts of South Chhattisgarh and Kerala.Heat wave conditions were observed over one or two parts of Gujarat, Bihar and West Bengal.Probable weather activity during next 24 hoursDuring the next 24 hours, light to moderate rain is possible over parts of Assam, Arunachal Pradesh, Kerala and Karnataka.Light rain is possible over Northeast India, Sikkim, Andaman and Nicobar Islands and one or two parts of South Chhattisgarh, Andhra Pradesh and Western Himalayas.Heat wave conditions are possible over one or two parts of Gujarat, Vidarbha, Odisha, Coastal Andhra Pradesh, West Bengal, Rajasthan, Madhya Maharashtra, Bihar, Jharkhand, South Haryana, Delhi and South Uttar Pradesh
Sensex jumped 776 points on Tuesday to reach the level of 57,356.Rupee strengthens against dollar, gains 11 paise to close at 76.58.Gold shines brightly, till the writing of the news, the price reached Rs 51,680, up by Rs 287.Confusion in the cotton physical market, there was a drop in prices in the morning, then a slight increaseThe market remained stable withMalaysia palm oil rose, 108 ringgit increased to 7080 ringgit.
Big announcement of Haryana government, those sowing indigenous cotton will get a benefit of Rs 3 thousand per acreAfter increasing the target of sowing cotton, now the Haryana government has made another big announcement for the cotton farmers. The Agriculture and Farmers Welfare Department of the state is making constant efforts to increase the area under indigenous cotton. Under this, the state government has decided to provide financial assistance to the farmers sowing indigenous cotton. Under this decision, the Haryana government will provide assistance of Rs 3,000 per acre to the farmers sowing indigenous cotton. Registration required for assistanceTo get this assistance amount being given by the government, it is mandatory for the farmers to register. Registration will have to be done between 25 April to 31 May. Farmers can register themselves by visiting the portal “Meri Fasal Mera Byora” https://agriharyana.gov.in/. After registration, the physical verification of the information given by the farmers will be done and after that the amount will be provided to them. Sowing target of 19.25 lakh acres in 2022Like Punjab and Orissa, the cotton market in Haryana is also expected to increase. According to experts, selling cotton at twice the MSP is attracting farmers to cotton. The Haryana government has set a cotton sowing target of 19.25 lakh acres for the Kharif season 2022. In the last season, cotton was cultivated in 15.90 lakh acres of land here. In Haryana, cotton is grown mainly in Fatehabad, Hisar, Sirsa, Jind, Bhiwani, Faridabad, Rewari, Sonipat, Palwal Gurugram, Jhajjar, Panipat, Charkhi Dadri, Rohtag, Mewar and Narnaul districts. Complete arrangement of seedsFor the cultivation of cotton, mainly 3 types of seeds are used by farmers in Haryana namely Narma, Bt cotton and indigenous cotton seeds. The Agriculture Department has arranged more than 60 lakh packets of Bt cotton seeds if the farmers face any problem in increasing the cotton farming area. Such number of seeds is sufficient for the requirement here. At the same time, sufficient number of seeds are also available for different varieties of indigenous cotton like HD-107, 324, 123 and 432. Preparation for the management of pink caterpillarFor the last several years, pink larva disease is causing damage to the crops of North India. In 2021, the cotton crop was devastated to a great extent by Kois disease. That is why this time a lot of work is being done on the prevention of this disease. The Department of Agriculture and Farmers Welfare is conducting continuous programs to educate the farmers in the cotton growing districts. And for this reason, this time the government is giving more emphasis on cultivating indigenous cotton.
Today evening, the rupee strengthened by 11 paise to close at Rs 76.58 against the dollar.Today the stock market closed sharply.Today, where the Sensex rose by about 776.72 points, closed at the level of 57356.61 points. On the other hand, Nifty closed at the level of 17200.80 with a gain of 246.80 points.
Rupee strengthens by 22 paise against dollarRupee opened strongly against the dollar in the foreign exchange market today. Today the rupee opened with a gain of 22 paise at Rs 76.47 against the dollar. At the same time, on Monday, the rupee closed at Rs 76.69 with a weakness of 21 paise against the dollar. Sensex rises further, opens up 565 pointsToday the stock market opened with great momentum. Today the BSE Sensex fell by about 565.30 points and opened at the level of 57145.19 points. On the other hand, the Nifty of NSE opened with a fall of 172.80 points at the level of 17126.80 points.
The stock market rallied on the first day of the trading week, falling 617.26 points to 56,579.89. The rupee depreciated again, falling by 21 paise to 76.69 against the dollar. Gold also faded, falling by Rs 511 to Rs 51,750 by the time of writing. Cotton prices fell by Rs 500 to Rs 1000 in all mandis on Monday. Indonesia changed its palm oil export policy, causing a decline in the Malaysian market. 21 ringgitThe price fell to 6604.
Gujarat ready to become hub of spinning industry, preparing for investment of 3500 crores in one and a half yearGujarat has become such a state of our country where there is immense business potential. For the textile industry, there is nothing better than Gujarat. The quality of cotton of Gujarat is better than other states, which is why the demand for yarn here is also high. Due to high demand, many spinning mills here have made preparations for capacity expansion. Keeping this in view, it is planned to add at least 7 to 10 lakh new spindles in the coming one and a half to two years. According to the estimates of the Gujarat Spinners Association, an investment of Rs 3500 crore is to be made here in the coming year and a half. This information was given by Saurin Parikh, President of SAG Spinning Association Gujarat. He was speaking as an organizer in an event in the textile industry.Government is ready to helpRecently GCCI Textile Leadership Conclave 2022 was organized in Ahmedabad. The conclave was attended by almost all industry experts from ginning to textile manufacturers including officials of 27 associations from different states. Union Minister of State for Textiles Darshana Jardosh attended the event as the chief guest. He said that the government is ready to extend all possible help to the textile industry. Whatever demand is there from your government, tell us, we will try our best to fulfill it.10 new spinning mills to be startedIt was told on the occasion that last year spinners all over Gujarat have made a lot of profit due to good export and domestic use. At present there are 110 spinning mills in the state. Whose capacity is 45 lakh spindles. 10 new spinning mills are likely to be commissioned in the coming year. With cotton prices rising, there is a lot of enthusiasm among yarn manufacturers to earn margins. This is the reason why more than 7 lakh spindles are being added in the coming 18 to 24 months.
The rupee declined by 21 paise to close at Rs 76.69 against thedollar this evening.Today the stock market closed with a fall.Today, where the Sensex closed at a level of 56579.89, down 617.26 points. On the other hand, Nifty closed at the level of 16954.00 points down by 218.00 points
The US Department of Agriculture (USDA) has estimated the cotton production in Bangladesh as 1,55,000 bales in year 2022-23 which is an increase of 2.6% , than in year 2021-22.Harvested area of cotton is calculated as 46,000 hectares for the current year which is a rise of 2.2% than year 2021-22.In cotton year 2021, Bangladesh readymade garment (RMG) came up as the second largest exporter with a record of $35.81 billion.USDA also estimates the import of cotton for the year 2022-23, as 8.9 million bales, which is up by 7.2% over the year 2021-22, consequently because of high demands of yarn and fabrics at RMG industry.
*Rupee depreciates against dollar, loses 12 paise*Rupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 12 paise at Rs 76.60 against the dollar. At the same time, on Friday, the rupee closed at Rs 76.48 with a weakness of 34 paise against the dollar.*Sensex collapses as soon as it opens, registers a fall of 754 points*Today the stock market opened with a fall. Today the BSE Sensex fell by 754.04 points and opened at the level of 56443.11 points. On the other hand, the Nifty of NSE opened with a decline of 230.80 points at the level of 16941.20 points.
*All India Weather Forecast for April 25, 2022**Countrywide weather systemsThe Western Disturbance is over North Pakistan and adjoining Jammu and Kashmir.An Induced Cyclonic Circulation lies over Central Pakistan.A Cyclonic Circulation is persisting over Southeast Madhya Pradesh and adjoining parts of Chhattisgarh.Another Cyclonic Circulation is persisting over Sri Lanka and adjoining areas.A Low Pressure Line is passing from South Chhattisgarh to Interior Karnataka across Telangana and Marathwada.*Weather movement across the country during the last 24 hours*During the last 24 hours, Assam, Arunachal Pradesh, Tamil Nadu and Goa experienced light to moderate rain with isolated heavy falls at a few places.Light to moderate rain occurred over Kerala, Madhya Maharashtra, parts of Marathwada, Sikkim and rest of Northeast India.Light rain occurred in one or two parts of Jammu and Kashmir and Telangana, Vidarbha, Chhattisgarh and Coastal Karnataka.Heat wave conditions are prevailing in isolated parts of Saurashtra and Kutch and heat wave conditions are prevailing in some parts of Gujarat region.*Weather activity likely during next 24 hours*During the next 24 hours, light to moderate rain at isolated places is likely over Arunachal Pradesh, eastern parts of Assam and Kerala and Tamil Nadu.Light to moderate rain is possible over rest of Northeast India, Sikkim and Coastal Karnataka.Scattered light rain may occur over Madhya Maharashtra, Marathwada, Goa, Jammu and Kashmir and Himachal Pradesh.Heat wave conditions may occur over Gujarat, Uttar Pradesh, Madhya Pradesh, parts of Madhya Maharashtra and one or two parts of Bihar, Jharkhand, Odisha, Gangetic West Bengal, Rajasthan and South Haryana.
Cotton production in Gujarat drops from 1.18 crores bales in 2017-18 to 90 lakh bales in 2020-21.Cotton sowing area decreased from 26.42 lakh hectare in 2017-18 to 22.50 lakh hectare in 2021-22.Gujarat Trade Association secretary Mr. Ajay Dalal says we expect an increase in sowing the crop for next year.Due to the lower demand in spinning mills cotton rate drops slightly in Maharashtra.
There was a slight decline in physical cotton in the North Zone. There was a slight decline in the Central Zone, prices fell in Gujarat and Madhya Pradesh, stability was seen in Maharashtra. There was no movement in cotton prices in South Zone, market remained stable. The rupee declined by 34 paise to close at Rs 76.48 against the dollar this evening. Malaysia Palm Oil rose on Friday, rising by 61 ringgit and reaching 6869 ringgit. The ban on Indonesia's edible oil exports led to a jump in the prices of edible oils.
The rupee declined by 34 paise to close at Rs 76.48 against the dollar this evening.Sensex closed down by breaking 714 pointsToday the stock market closed with a fall. Today, where the Sensex fell by about 714.53 points, closed at the level of 57197.15 points. On the other hand, Nifty closed at the level of 17172.00 points with a fall of 220.60 points.
Major points stated by Atul S Ganatra , president of CAI-In the upcoming season, the sowing area will increase up to 15-20% in India. As the crop has sown early, it will be harvested sooner which can possibly lower the cotton rates.Modern farmers are now aware of exchanges and trading concepts. Holds 15% of stock, to sell later.Due to decrease in May NYCE , cotton prices might drop down but MCX no more seems to get affected with fluctuations in NYCEMCX has approximately stocked 1 lakh bales whereas top 6 MNCs has 60 lakh bales. All of them coordinates with each other while selling and buying of bales and controls the market rates.USA has increased the sowing area for the crop up to 20-25%.The demand of removal of import duty on spinning mills is finally addressed by the government post two months, nevertheless CAI expresses gratitude.Spinning mill lobby urges government to impose a limit on stock of cotton.The coming half year seems extremely difficult for spinners.Tamil Nadu power loom people are expected to go on a strike so as to decrease the rates of yarn.Cotton yield is big concern in India as we own the largest area for the cultivation, still lag behind in average production. If we reach the average yield of world, our production can soar up to 40%.CAI urges the government to bring revolutionary changes in seed technology.Mill owners are disappointed by MNCs, alleged the latter of taking over all the profit earned.Many of the mills in Andhra Pradesh and Tamil Nadu have diverted towards Polyester and viscose. Some mills have sold their reserved stock at market rates and earned a handsome profit followed by ceasing the production, which directly indicates the lower consumption of cotton.Cotton trade has become more risky than before due to the new trading trends.
*Sensex collapses as soon as it opens, registers a fall of 588 points*Today the stock market opened with a fall. Today the BSE Sensex fell by about 587.79 points and opened at 57323.89 points. On the other hand, the Nifty of NSE opened with a decline of 176.30 points at the level of 17216.30 points.*Rupee depreciates against dollar, loses 16 paise*Rupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 16 paise at Rs 76.31 against the dollar. At the same time, on Thursday, the rupee closed at Rs 76.15 with a loss of 6 paise against the dollar.
All India Weather Forecast for April 22, 2022Countrywide weather systemsA Western Disturbance is persisting over Ladakh and adjoining areas, which is moving in an easterly direction.Another Western Disturbance is over eastern part of Afghanistan.A Cyclonic Circulation is persisting over Eastern parts of Uttar Pradesh.A trough is extending from the cyclonic circulation over Uttar Pradesh to Meghalaya across Bihar, West Bengal and Bangladesh.Another trough is extending from Chhattisgarh to South Interior Karnataka of Telangana.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain occurred at isolated places over Gilgit-Baltistan, Muzaffarabad and upstate Jammu and Kashmir.Light to moderate rain occurred at isolated places over Assam, Manipur, Mizoram, Tripura and Nagaland, Sub-Himalayan West Bengal and Sikkim.Dust storm accompanied by isolated light rain lashed parts of Haryana and Rajasthan.Light rain occurred over parts of Gujarat, Madhya Maharashtra, Konkan and Goa and parts of Sub-Himalayan West Bengal, Odisha, Kerala, Lakshadweep and Andaman and Nicobar Islands.Heat wave conditions are prevailing in parts of Himachal Pradesh, Haryana, Delhi, Madhya Pradesh and West Jharkhand.Weather activity likely during next 24 hoursDuring the next 24 hours, light to moderate rain with heavy to very heavy falls very likely over Sub-Himalayan West Bengal, Sikkim and Northeast India.Light to moderate rain may occur over Western Himalayas, Kerala, Karnataka, Madhya Maharashtra and Marathwada.Light rain is possible over Chhattisgarh, Gangetic West Bengal, Tamil Nadu, Lakshadweep, Andaman and Nicobar Islands and isolated parts of Jharkhand and Odisha.Dust storm or thundershowers are very likely to occur over parts of Punjab and Haryana.
21 अप्रैल, 2022Highlights of CAI President Atul Ganatra's live interviewCotton area will increase by 15 to 25 percent across India in the coming season.Early sowing this time is expected to lead to early arrivals, which is likely to help cotton prices.Farmers have become aware and smart, have understood exchange and trading, that's why they have stopped selling goods, still 15 percent cotton stock is with farmers.Cotton prices are expected to come down somewhat after the May ice futures market is cut. But currently MCX is not able to run in accordance with IceMCX has an estimated stock of 1 lakh bales while top 6 MNCCs have a stock of 60 lakh bales and they buy and sell together in good coordination and influence (control) market prices. And carry out their business by doing researchCotton sowing has also increased in the USA, an increase of about 20 to 25 percent.Government accepts demand for removal of import duty on spinning mills two months late, still CAI welcomes decision. Our demand is that even after September, import duty should be completely removed so that free trade can be done.The next 6 months are going to be very difficult for Spigening Mills.Powerlooms in Tamil Nadu are considering going on strike to reduce yarn rates.Spinning mills lobby government to impose stock limit on demand cotton.Cotton yield is a huge problem in India. The yield of cotton is the lowest in India and the area is the highest.We are repeatedly telling the government that there is a need to revolutionize the country's seed technology.Mills is unhappy with MNCs, he says MNCs are causing huge losses, taking away all the profits there.Several mills in Andhra Pradesh and Tamil Nadu have diverted up to 5 lakh spindles from cotton to polyester and viscose. There is also news that some mills have made a good profit by saving their reserve stock from the market price and have stopped production. Grasim Nagda has also increased production of viscose fiber to 15000 bales per day whose market price is around Rs 190 to 200 per kg while clean cotton cost is around Rs 350 per kg. It is clear that now the consumption of cotton will be reduced. Now the cotton business is risky, the way of doing business has changed.
Today evening the rupee strengthened by 6 paise to close at Rs 76.14 against the dollar.Sensex closed up by 874 pointsToday the stock market closed sharply. Today, where the Sensex closed at the level of 57911.68 points with a gain of about 874.18 points.On the other hand, the Nifty closed at the level of 17392.60 points with a gain of 256.10 points.
| title | Created At | Action |
|---|---|---|
| Market opened with decline, Nifty below 17100 | 27-04-2022 10:38:12 | view |
| All India Weather Forecast for April 27, 2022 | 27-04-2022 07:43:42 | view |
| Sensex jumped 776 points on Tuesday to reach the level of 57,356. | 26-04-2022 18:13:27 | view |
| Big announcement of Haryana government, those sowing indigenous cotton will get a benefit of Rs 3 thousand per acre | 26-04-2022 16:30:17 | view |
| Today evening, the rupee strengthened by 11 paise to close at Rs 76.58 against the dollar. | 26-04-2022 16:05:54 | view |
| Rupee strengthens by 22 paise against dollar | 26-04-2022 10:50:33 | view |
| The stock market rallied on the first day of the trading week, falling 617.26 points to 56,579.89. | 25-04-2022 18:22:32 | view |
| Gujarat ready to become hub of spinning industry, preparing for investment of 3500 crores in one and a half year | 25-04-2022 17:21:15 | view |
| The rupee declined by 21 paise to close at Rs 76.69 against the dollar this evening. | 25-04-2022 15:57:44 | view |
| The US Department of Agriculture (USDA) has estimated the cotton production in Bangladesh as 1,55,000 bales in year 2022-23 which is an increase of 2.6% , than in year 2021-22. | 25-04-2022 15:16:44 | view |
| *Rupee depreciates against dollar, loses 12 paise* | 25-04-2022 10:02:26 | view |
| *All India Weather Forecast for April 25, 2022* | 25-04-2022 07:49:45 | view |
| Cotton production in Gujarat drops from 1.18 crores bales in 2017-18 to 90 lakh bales in 2020-21. | 23-04-2022 16:26:51 | view |
| There was a slight decline in physical cotton in the North Zone. | 22-04-2022 17:55:10 | view |
| The rupee declined by 34 paise to close at Rs 76.48 against the dollar this evening | 22-04-2022 16:13:12 | view |
| Major points stated by Atul S Ganatra , president of CAI- | 22-04-2022 13:31:20 | view |
| *Sensex collapses as soon as it opens, registers a fall of 588 points* | 22-04-2022 09:56:44 | view |
| All India Weather Forecast for April 22, 2022 | 22-04-2022 08:02:44 | view |
| Highlights of CAI President Atul Ganatra's live interview | 21-04-2022 17:59:04 | view |
| Today evening the rupee strengthened by 6 paise to close at Rs 76.14 against the dollar. | 21-04-2022 16:05:34 | view |
