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The effect of the huge fall in the US stock market last night was seen in Asian stock markets including Indian today.Today evening, the rupee depreciated by 66 paise to close at Rs 76.92 against the dollar.Today the stock market closed with a huge fall.Today, where the Sensex fell by about 866.65 points, closed at the level of 54835.58 points. On the other handNifty closed at the level of 16411.30 points down by 271.40 points.Today Malaysia Palm Oil continued its decline, falling 317 Ringgit (₹ -5.5/kg) to close at 7065.  

Sensex collapses as soon as it opens, registers a decline of 883 pointsToday the stock market opened with a fall. Today the BSE Sensex fell by about 883.46 points and opened at 54818.77 points. On the other hand, the Nifty of NSE opened at a level of 16411.30 points down by 271.40 points.

Rupee slammed against dollar, opened 37 paise weakIn the foreign exchange market, the rupee opened with a fall today against the dollar. Today the rupee opened with a gain of 37 paise at Rs 76.62 against the dollar. At the same time, the rupee on Thursday closed at Rs 76.26 with a gain of 16 paise against the dollar.

All India Weather Forecast for May 06, 2022Weather systems made across the countryThe Western Disturbance is over North Pakistan and adjoining areas.An Induced Cyclonic Circulation lies over Central Pakistan and adjoining Punjab.A trough is extending from Punjab to Manipur across East Rajasthan, North Madhya Pradesh, North Chhattisgarh, Jharkhand, West Bengal and South Assam.A Cyclonic Circulation is persisting over Southeast Uttar Pradesh.A trough is extending from Vidarbha to South Tamil Nadu via Telangana and Rayalaseema.A low pressure area has developed over South Andaman Sea and adjoining region. It may further intensify into a depression and move in a north-westerly direction initially.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain with isolated heavy falls occurred over Punjab, Uttar Pradesh, Northeast Madhya Pradesh, Rayalaseema, Kerala, Coastal Karnataka, Tamil Nadu and Sikkim.Dust storm, thunderstorm and hailstorm activities were witnessed at isolated places over Punjab, Haryana, Delhi and parts of Uttar Pradesh.Light to moderate rain occurred at isolated places over Jammu and Kashmir, Gilgit-Baltistan, Muzaffarabad, Himachal Pradesh, Ladakh, Uttarakhand, Andhra Pradesh, Andaman and Nicobar Islands and Telangana.Light rain occurred at isolated places over Chhattisgarh, Jharkhand, Bihar, Coastal Andhra Pradesh, East Arunachal Pradesh, Assam, Manipur, Mizoram, Tripura, Nagaland and Lakshadweep.The minimum temperatures have dropped significantly over Punjab, Haryana, Delhi, Uttar Pradesh, parts of North Chhattisgarh and North and Northeast Madhya Pradesh.Probable weather activity during next 24 hoursDuring the next 24 hours, isolated heavy to very heavy rain is likely over South Karnataka, Kerala, Tamil Nadu and Andaman & Nicobar Islands.Light to moderate rain may occur over Manipur, Mizoram, Tripura, Meghalaya, Sikkim, parts of Odisha, West Bengal, Jammu and Kashmir, Himachal Pradesh and Uttarakhand.Light rain, dust storm, thundershowers are very likely to occur over parts of North Rajasthan and at isolated places over Punjab, Delhi and Haryana.Light rain is possible over Coastal Andhra Pradesh, Rayalaseema, Bihar, Jharkhand, West Bengal and one or two parts of Telangana.Heat wave conditions may occur at isolated parts of North Madhya Maharashtra and Vidarbha.

U.S. EXPORT SALES FOR WEEK ENDING 28/04/2022Cotton:  Net sales of 232,400 RB for 2021/2022 were up 92 percent from the previous week and up noticeably from the prior 4-week average.  Increases primarily for China (99,700 RB, including decreases of 13,500 RB), Vietnam (65,800 RB, including 1,000 RB switched from Indonesia and 400 RB switched from South Korea), Bangladesh (24,000 RB), Turkey (15,400 RB, including decreases of 1,600 RB), and India (14,900 RB, including decreases of 1,200 RB), were offset by reductions for the Philippines (900 RB).  Net sales of 93,200 RB for 2022/2023 were primarily for Turkey (36,300 RB), Pakistan (19,800 RB), Guatemala (14,600 RB), Peru (9,600 RB), and Indonesia (6,600 RB).  Exports of 426,600 RB were up 11 percent from the previous week and from the prior 4-week average.  The destinations were primarily to China (156,500 RB), Turkey (74,200 RB), Vietnam (65,100 RB), Pakistan (48,000 RB), and Mexico (14,100 RB).  Net sales of Pima totaling 3,400 RB were down 74 percent from the previous week and 47 percent from the prior 4-week average.  Increases reported for China (2,800 RB), Vietnam (1,300 RB, including 400 RB switched from Japan and 400 RB - late), Pakistan (1,000 RB, including 900 RB switched from the United Arab Emirates and 900 RB - late), Thailand (600 RB, including 300 RB switched from Japan, 300 RB switched from unknown destinations, and 300 RB - late), and Indonesia (100 RB switched from Japan, including 100 RB - late), were offset by reductions for the United Arab Emirates (900 RB), Japan (800 RB), India (400 RB), and unknown destinations (400 RB).  Net sales of 4,000 RB for 2022/2023 were primarily for India (2,600 RB).  Exports of 21,200 RB were up noticeably from the previous week and up 72 percent from the prior 4-week average.  The destinations were primarily to India (8,300 RB), Peru (3,500 RB), Thailand (1,700 RB, including 300 RB - late), China (1,700 RB, including 1,300 RB - late), and Turkey (900 RB).   Optional Origin Sales:  For 2021/2022, the current outstanding balance of 57,200 RB is for Vietnam (52,800 RB) and Pakistan (4,400 RB).   Exports for Own Account: For 2021/2022, the current exports for own account outstanding balance is 100 RB, all Vietnam. Late Reporting: For 2021/2022, net sales totaling 1,700 RB of pima cotton were reported late for Pakistan (900 RB), Vietnam (400 RB), Thailand (300 RB), and Indonesia (100 RB).  Exports totaling 3,900 RB of pima cotton were reported late to China (1,300 RB), Pakistan (900 RB), Vietnam (400 RB), Switzerland (400 RB), Germany (400 RB), Thailand (300 RB), Colombia (100 RB), and Indonesia (100 RB).                     

Cotton prices increased by 39 percent in 5 months in Madhya PradeshThis season the price of cotton has increased surprisingly. In almost all the mandis of all the states of the country, the graph of cotton prices has gone up completely. (smartinfo)Talking about the figures, in Madhya Pradesh alone, the price of cotton has increased by 28 percent in the last 5 months. At the beginning of the year, the price of a cotton candy here was 69,750, while exactly 5 months later, on May 2, the price of cotton candy was recorded at 97,250. For the first time in the history of the state, a difference of Rs 27,500 was seen in the cotton price in just five months.Along with cotton, there has been a significant increase in the prices of other related products like comber, khal and seed. On January 1, 2022, the price of comber in the state was Rs 97 per kg, while on May 2, 2022 it increased by Rs 30 to Rs 127 per kg. (smartinfo)The price of Khal has also increased significantly during this time period. On January 1, the khal was sold at a price of Rs 3450 per quintal, while on May 2, 2022 its price reached Rs 3625 per quintal. There has also been a significant increase in the price of seed in the state. The seed price was Rs 3700 per quintal on 1 January 2020, which has increased to 4200 per quintal on 5 May 2022.

Today evening, the rupee strengthened by 16 paise to close at Rs 76.26 against the dollar.The stock market closed sharply.Today, where the Sensex closed at the level of 55702.23 points with a gain of 33.20 points. On the other hand, the Nifty closed at the level of 16682.70 points with a gain of 5.10 points.  

Sensex returns, opens up 515 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 515.45 points to open at the level of 56184.48 points. On the other hand, the Nifty of NSE opened with a gain of 158.70 points at the level of 16836.30 points.

Rupee opens 27 paise stronger against dollarRupee opened with strength today against the dollar in the foreign exchange market. Today the rupee opened with a strength of 27 paise at Rs 76.14 against the dollar. On the other hand, the rupee on Wednesday gained 10 paise to close at Rs 76.41 against the dollar.

All India Weather Forecast for May 05, 2022Weather systems made across the countryA Western Disturbance is persisting over Jammu and Kashmir and adjoining region.An Induced Cyclonic Circulation lies over Central Pakistan and adjoining region.A trough is extending from Punjab to Bangladesh passing through Haryana, South Uttar Pradesh, South Bihar and West Bengal.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain with isolated heavy falls occurred over Manipur, Telangana, Coastal Odisha, Andaman and Nicobar Islands, Himachal Pradesh and Interior Tamil Nadu.Light to moderate rain occurred over rest of Northeast India, rest of Tamil Nadu, Coastal Karnataka, Rayalaseema and Jammu and Kashmir.Light rain occurred in one or two parts of West Bengal, East Madhya Pradesh, Chhattisgarh, Vidarbha, Coastal Andhra Pradesh and Vidarbha, North Punjab and North Haryana.The heat wave has stopped in the country.Probable weather activity during next 24 hoursModerate to heavy rain with very heavy rain at one or two places is very likely over Andaman and Nicobar Islands for the next 2-3 days. The sea condition will be rough to very rough over South Andaman Sea and adjoining parts of southeast Bay of Bengal. There will be high waves in the sea and strong winds can blow.Light to moderate rain is possible over Northeast India, Sub-Himalayan West Bengal, Sikkim parts of Odisha and isolated parts of Kerala over Tamil Nadu.Light to moderate rain may occur over Jammu and Kashmir, Gilgit-Baltistan, Muzaffarabad, Himachal Pradesh, Uttarakhand, East Uttar Pradesh, Bihar, Jharkhand, parts of Chhattisgarh, Interior Karnataka, Rayalaseema, Coastal Karnataka and one or two parts of Telangana.Light rain and thundershowers are very likely to occur over parts of Punjab, Haryana, North Rajasthan, Delhi and West Uttar Pradesh.

On Wednesday evening, the Sensex lost 1307 points and closed at 55669.03.  Rupee gains strength against dollar, gains 10 paise to close at 76.41.The fall in gold, till the writing of the news, the price reached Rs 50647, falling by Rs 161.  There was a slight increase in the cotton physical market in the North Zone, the rest of the entire India market remained stable.  Soyabean seed rose by Rs 100-150 per quintal to reach 7150-7400.