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Know how this week was for textile investorsHave a look at the stock report of major textile companies from June 20 to June 26For the last few months, there was a downtrend in the stock market, which also affected the investors of textile companies. But the last week can be said to be a mixed response for textile investors. In fact, this time there was a slight decrease in the share value of almost all the companies as compared to last month, but there was a positive change in the market cap of the companies. Let's know how the report of major textile companies was on the platform of BSC -Vardhman TextileCurrent Prize - 277.05Lowest Prize - 245.50Highest Prize - 281.35Movement - 10.78 percentArvind LimitedCurrent Price - 89.50Lowest Prize - 82.00Highest Price- 91.75stir-4.07 percentWelspun LimitedCurrent Price- 74.10Lowest Prize-67.05Highest Price - 74.55Movement-6.54 percentNitin Spinners LimitedCurrent Price - 207.85Lowest Prize - 182.10Highest price-210.00stir- 3.98Akshita Cotton LimitedCurrent Price – 194.90Lowest Price- 205.80Highest Price - 170.65stir-8.28%Raymond LimitedCurrent Price-854.60Lowest Prize-797.00Highest Prize-895.20Movement- -3.33 percent

Today evening the rupee closed with a weakness of 5 paise at Rs 78.34 against the dollar.Sensex rises, closes by 462 pointsToday the stock market closed sharply.Today, where the Sensex rose by about 462.26 points, closed at the level of 52727.98 points.On the other hand, Nifty closed at the level of 15699.30 points with a gain of 142.60 points.  

Cotton cultivation will be done in 70 lakh acres in TelanganaDue to the rapid jump in the prices of cotton, cotton remains the first choice of farmers this Kharif season. This time the area under cotton has increased in almost all the states. According to sources, this time there is a possibility of cotton cultivation in Telangana too. A total of 1.42 crore acres will be cultivated in Telangana this Kharif season. In which the largest part will be from cotton cultivation. The area under cotton cultivation has been fixed at 70 lakh acres.In a recent meeting in Telangana, several suggestions were made for sowing in Kharif season. Among kharif crops other than cotton, red gram has been suggested to be cultivated in 15 lakh acres while 45 lakh acres of land will be used for paddy cultivation. On this occasion, Agriculture Minister Niranjan Reddy directed the officials to provide adequate quantity of seeds and fertilizers to the farmers. At the same time, he urged the farmers to minimize the use of urea and artificial fertilizers so that the fertilizer capacity of the soil is maintained.

Bangladesh becomes biggest export market for IndiaRecently, data for the month of April of India's imports and exports was released. According to these new figures, there has been a steady decline in the export of cotton yarn from India. India exported 72,600 tonnes of cotton yarn in April 2022, which was 18.54 percent less than the previous year. And month-on-month the decrease was 31.13 percent. According to the report, the maximum exports from India were made to Bangladesh. Bangladesh accounts for 49 percent of the total exports. While the share of China in the export of cotton yarn was only 7 percent.Know which country's shareIn the export of major varieties of cotton yarn, China and Egypt were second only to Bangladesh. The share of both these countries was 7 percent. This was followed by Portugal and Peru with 4 percent of exports. Vietnam and Turkey accounted for 3 percent of cotton yarn exports. Guatemala, South Korea and Colombia accounted for 2 percent and other countries accounted for 17 percent of the total cotton yarn exported.Continuous decrease in exports from ChinaExported yarn varieties include HS Code-5205, Carded-CB-25S-1, Combed CB-25S-1, Combed C-25-30S-1, Combed C30-47S-1. Is. The report released mainly mentions the decrease in exports from China. According to this, 63.42 percent of C8-25S-1 cards were exported to China last year, which declined to 61.49 percent this year.

Rupee opens 7 paise stronger against dollarRupee opened with strength today against the dollar in the foreign exchange market. Today the rupee opened with a strength of 7 paise at Rs 78.23 against the dollar. At the same time, the rupee on Thursday closed at Rs 78.30 with a strength of 8 paise against the dollar.  Sensex rises 525 points to openToday the stock market opened with great momentum. Today the BSE Sensex opened with a gain of 524.78 points at the level of 52790.50. On the other hand, the Nifty of NSE opened with a gain of 161.00 points at the level of 15717.70 points.

All India Weather Forecast for June 24, 2022Weather systems made across the countryA Western Disturbance is over Jammu and Kashmir and adjoining areas which is moving eastwards.A Cyclonic Circulation is persisting over Jharkhand and adjoining parts of North Odisha.A trough is extending from the cyclonic circulation over Jharkhand and Odisha up to North Coastal Andhra Pradesh.Another trough is extending from South Gujarat Coast to Kerala Coast.Weather movement across the country during the last 24 hoursDuring the last 24 hours, heavy to very heavy rainfall occurred at one or two places over Odisha, East Rajasthan, Coastal Karnataka, parts of Konkan and Goa and over Manipur and Andaman and Nicobar Islands.Light to moderate rain occurred over parts of Gujarat, Madhya Pradesh, Chhattisgarh, Kerala, Lakshadweep, Rayalaseema, Interior Maharashtra, Jharkhand, Assam, Jammu and Kashmir and parts of Himachal Pradesh.ADVERTISEMENTLight rain was observed at one or two places over Interior Karnataka and Telangana, Uttar Pradesh, Bihar, Rajasthan and Himachal Pradesh.Northwesterly dry winds have started over parts of Northwest India and Central India, increasing the temperature.Weather activity likely during next 24 hoursDuring the next 24 hours, light to moderate rain at isolated places is likely over Andaman & Nicobar Islands, Coastal Karnataka, parts of Konkan & Goa, Madhya Maharashtra, Sub-Himalayan West Bengal.Light to moderate rain with isolated heavy falls is possible over Sikkim, Assam, Arunachal Pradesh, Nagaland, Interior Maharashtra, South Chhattisgarh and Odisha. ,Light to moderate rain may occur over rest of Northeast India, Interior Odisha, Kerala, Interior Karnataka, parts of Tamil Nadu, Rayalaseema, Telangana and Lakshadweep.Light rain is possible at one or two places over Bihar, Jharkhand, Gangetic West Bengal, North Chhattisgarh, South and East Gujarat, parts of Southwest and East Madhya Pradesh and Western Himalayas.The weather of Northwest India including Punjab, Haryana, Delhi, most parts of West and Central Uttar Pradesh, northern parts of Rajasthan and Madhya Pradesh will remain dry for at least the next 2 to 3 days.The maximum temperatures are likely to rise further over parts of Northwest and Central India.

Rising cotton prices increased the problems, by October, only 5 to 7 percent of ginning and pressing factories in the country will be able to operateThe limited availability of cotton has put the ginning and pressing unit operators in jeopardy. Due to prevailing cotton prices and limited availability of cotton in the market, most of the factories have closed their operations. According to a research, there are a total of 3500 ginning and pressing units across the country. Out of which only 5 to 7 percent units will be able to operate till October. Most of the factories are forced to shut down their operations from now on.35% reduction in spinners consumption Cotton Association of India President Atul Ganatra said that speculators in the futures market have artificially increased the prices of cotton in the Indian market. However, in the last week, there has been a fall in the futures price of December. Cotton is being sold in India at a price of about 98 thousand to 1 lakh rupees per candy. With cotton becoming so expensive, the operation of ginning and pressing mills has become completely impractical. Generally, ginners sell their final products to spinners. But the consumption of spinning mills has also come down by 30 to 35 percent. The demand for spinners will remain high due to higher raw material prices. Only 20 factories out of 650 in Gujarat are operationalThe owner of a ginning and pressing factory in Gujarat said that out of the total ginning and pressing factories in the country, 650 factories are in Gujarat, out of which only 20 to 25 factories are operational at present. And due to lack of raw material, this factory may also stop working by the first week of July. Gujarat is followed by 500 factories in Maharashtra, 400 factories in Andhra and Telangana together, 350 odd factories in Punjab and Haryana, 250 in Karnataka and 125 in Tamil Nadu.

Rupee closed at Rs 78.30 with a gain of 6 paise against the dollar this evening.Sensex rises, closes up 443 points.Today the stock market closed sharply.Today, where the Sensex closed at the level of 52265.72 points with a gain of 443.19 points. On the other hand, Nifty closed at 15556.70 with a gain of 143.40 points.

US ban on Xinjiang products violates trade rules: Chinese associationThe U.S. ban on all imports from China's Xinjiang Uygur Autonomous Region is in violation of international economic and trade rules, the China National Textile and Apparel Council (CNTAC) said Wednesday.The U.S. ban on all imports from China's Xinjiang Uygur Autonomous Region is in violation of international economic and trade rules, the China National Textile and Apparel Council (CNTAC) said Wednesday.The CNTAC said it strongly opposes the U.S. ban, which has not only seriously damaged the overall interests of China's textile industry, but will also harm the normal order of the global textile industry.The remarks came after a ban on imports of all products related to Xinjiang by the U.S. Customs and Border Protection on Tuesday, based on the so-called "Uyghur Forced Labor Prevention Act."Xinjiang cotton, the quality of which is recognized globally, accounts for about 20 percent of the world's total cotton output and is a vital guarantee for the healthy and sustainable development of both the Chinese and global textile industries, the CNTAC said.Noting that the U.S. move is a malicious suppression of China's textile industry, the council said it seriously jeopardizes the security and stability of the industrial and supply chains of the global textile industry, and hurts the interests of workers in the global textile industry.Stressing that forced labor is explicitly prohibited under Chinese law, the CNTAC said that Chinese textile enterprises strictly abide by the laws, and that the so-called forced labor does not exist in China's textile industry.The CNTAC said it believes that China's textile industry will respond effectively to various risks and challenges with the support of the Chinese government.

Rupee opens 12 paise stronger against dollarRupee opened with strength today against the dollar in the foreign exchange market. Today the rupee opened with a strength of 12 paise at Rs 78.26 against the dollar. At the same time, on Wednesday, the rupee closed at Rs 78.38 with a weakness of 31 paise against the dollar.Sensex rises further, opens up 38 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 37.77 points to open at the level of 51860.30 points. On the other hand, the Nifty of NSE opened with a gain of 12.30 points at the level of 15425.60 points.

All India Weather Forecast for June 23, 2022Weather systems made across the countryA Western Disturbance is over Jammu and Kashmir and adjoining areas.The Induced Cyclonic Circulation lies over Northwest Rajasthan.Another Cyclonic Circulation is persisting over Jharkhand and adjoining parts of Odisha.A trough is extending from South Gujarat Coast to Kerala Coast.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain occurred at isolated places over Jammu and Kashmir, Coastal Karnataka, parts of Vidarbha, South Madhya Pradesh and Jharkhand, Rajasthan, Marathwada and Uttarakhand.Punjab, Haryana, remaining parts of Madhya Pradesh, Konkan and Goa, Madhya Maharashtra, Marathwada, Kerala, Tamil Nadu, Telangana, Coastal Andhra Pradesh, Andaman and Nicobar Islands, parts of western Uttar Pradesh and West Bengal, Sikkim and Northeast India Light to moderate rain occurred in some parts.Except South Tamil Nadu, East Madhya Pradesh, East Uttar Pradesh and Gujarat, rest of the country received light rain.Weather activity likely during next 24 hoursDuring the next 24 hours, light to moderate rain with light rain very likely over parts of Sikkim, Sub-Himalayan West Bengal, parts of Assam, Meghalaya, Konkan & Goa, Coastal Karnataka, Andaman & Nicobar Islands .Light to moderate rain with one or two heavy spells is possible over Odisha, South Chhattisgarh, Madhya Maharashtra Coastal Karnataka and South Gujarat.Light to moderate rain is possible over rest of Northeast India, parts of Bihar, Jharkhand, West Bengal, Interior Odisha, Vidarbha, Marathwada, Telangana, Kerala, Interior Karnataka, Lakshadweep, South Gujarat and Western Himalayan regions.Light rain is possible over Chhattisgarh and Tamil Nadu.The weather is very likely to remain dry for at least next 3 to 4 days over western Himalayas, Punjab, Haryana, Delhi, Rajasthan, Kutch, most parts of Uttar Pradesh, Madhya Pradesh, western parts of Jharkhand and most parts of Bihar.