Rupee opens 4 paise higher at 82.59 against the US dollarThe Indian rupee opened 4 paise higher on Tuesday amid a pullback in the greenback and US Treasury yields ahead of a slew of key economic data. The local currency opened at 82.59 a dollar as compared to previous close of 82.63.
India on track for lowest monsoon rains in 8 years - sourcesIndia is bracing for the lowest monsoon rains in eight years, two meteorological officials told Reuters on Monday, with an El Nino weather pattern causing rainfall to drop from August to September, the lowest in more than a century. Most are on track to dry up.Shortage of summer rains could make essential commodities like sugar, pulses, rice and vegetables more expensive and push up overall food inflationThe monsoon, vital to India's $3 trillion economy, provides about 70% of the rain needed in the country to water crops and replenish reservoirs and aquifers. Nearly half of agricultural land in the world's most populous country lacks irrigation.A senior India Meteorological Department (IMD) official said, "El Nino reduced rainfall in August and it will have a negative impact on September rainfall as well." He declined to be identified as he was not authorized to provide information to the media.The official said India is poised to end the June-September monsoon season with a rainfall deficit of at least 8%, which would be the highest since 2015, when El Nino also reduced rainfall.The Meteorological Department did not immediately respond to requests for comment.The Indian Meteorological Officer is expected to announce its September forecast on August 31.In its previous full-season forecast on May 26, the IMD had projected a rainfall deficit of 4% for the season, assuming limited impact from the El Nino weather pattern.El Nino is a warming of Pacific waters that usually accompanies dry conditions in the Indian subcontinent.Meteorological officials said earlier this month that India was headed for its driest August in more than a century.The current monsoon has been uneven, with June rainfall being 9% below average, but July rainfall again being 13% above average.Another IMD official said the southwest monsoon would start withdrawing from northwest India on time or a little before the normal date of September 17.He said that the delayed withdrawal of monsoon has resulted in above average rainfall in the last four Septembers."In September, the northern and eastern states may receive less than normal rainfall. However, we may see an improvement in rainfall over the southern peninsula," said another official.September rains are crucial for winter-sown crops such as wheat, rapeseed and chickpea.A Mumbai-based dealer of a global trading house said, "Due to scanty rains in August, the soil moisture level has gone down. We need good rains in September, otherwise sowing of winter crops will be affected."
Rupee strengthened by 2 paise against dollarThe rupee strengthened by 2 paise to close at Rs 82.63 against the dollar this evening.Sensex up 110 pointsToday the stock market closed with a boom.Today, where the Sensex closed at a level of 64996.60 points with a gain of about 110.09 points.On the other hand, the Nifty closed at the level of 19306.00 points with a gain of 40.20 points.
Maharashtra: Be careful..! pink bollworm attack on cottonAkola: Pink bollworm infection has been found on cotton in some parts of the district. It has been clarified by the Agriculture Department that if the farmers take timely measures, then it is possible to control it.A team from Agriculture Department visited the farm at Vyala, Khirpuri in Balapur taluka. In this bollworm outbreak was found on cotton crop. Bollworm infestation has also been detected in parts of Akola, Akot, Telhara taluks. Pink bollworm infestation has been observed in cotton sown in the first week of June and cotton currently in flower, leaf and small bolls. Pink bollworms were found in each flower at the emergent or cotyledon stage. The leaves of such flowers are different. Second and third instar larvae of pink bollworm have been observed in withered flowers entering young bollards from flowers. The prevalence of pink bollworm in cotton fields is currently found to be 10 to 20 percent. So the farmers who have sown in the first week of June should monitor the crop. The possibility of such outbreak on cotton crop at flowering stage in other regions also cannot be ruled out. The Agriculture Department has appealed to the farmers to survey their crops and take timely control measures.In the areas where the cotton crop has become 50 to 60 days old, flowering has started. Under these conditions, the female pink bollworm lays an egg on the underside of an open flower. Micro larvae emerge from this and enter the flowers and by closing the opened petals with the help of threads in the mouth, the larvae remain in the flowers. Infected flowers look like unopened rose buds and are easily recognized. These flowers are called 'Domkali'. A pink caterpillar can be seen making its abode in it. Because the caterpillars feed on the inside of the flowers, the flowers often fail to turn into pods and fall off. If the flower turns into a pod, the caterpillar enters the pod and pupates in the pod. This causes damage. The Agriculture Department has advised that farmers should take measures.Outbreak of pink bollworm has been found on cotton. If farmers take timely measures, then losses can be avoided. - Shankar Kirve, District Agriculture Superintendent Officer Akola. Source: LoksattaMaharashtra: Be careful..! pink bollworm attack on cottonAkola: Pink bollworm infection has been found on cotton in some parts of the district. It has been clarified by the Agriculture Department that if the farmers take timely measures, then it is possible to control it.A team from Agriculture Department visited the farm at Vyala, Khirpuri in Balapur taluka. In this bollworm outbreak was found on cotton crop. Bollworm infestation has also been detected in parts of Akola, Akot, Telhara taluks. Pink bollworm infestation has been observed in cotton sown in the first week of June and cotton currently in flower, leaf and small bolls. Pink bollworms were found in each flower at the emergent or cotyledon stage. The leaves of such flowers are different. Second and third instar larvae of pink bollworm have been observed in withered flowers entering young bollards from flowers. The prevalence of pink bollworm in cotton fields is currently found to be 10 to 20 percent. So the farmers who have sown in the first week of June should monitor the crop. The possibility of such outbreak on cotton crop at flowering stage in other regions also cannot be ruled out. The Agriculture Department has appealed to the farmers to survey their crops and take timely control measures.In the areas where the cotton crop has become 50 to 60 days old, flowering has started. Under these conditions, the female pink bollworm lays an egg on the underside of an open flower. Micro larvae emerge from this and enter the flowers and by closing the opened petals with the help of threads in the mouth, the larvae remain in the flowers. Infected flowers look like unopened rose buds and are easily recognized. These flowers are called 'Domkali'. A pink caterpillar can be seen making its abode in it. Because the caterpillars feed on the inside of the flowers, the flowers often fail to turn into pods and fall off. If the flower turns into a pod, the caterpillar enters the pod and pupates in the pod. This causes damage. The Agriculture Department has advised that farmers should take measures.Outbreak of pink bollworm has been found on cotton. If farmers take timely measures, then losses can be avoided. - Shankar Kirve, District Agriculture Superintendent Officer Akola. Source: Loksatta
Pakistan Weekly Cotton Review: Spot rates rise on volatile market.KARACHI: The cotton rate witnessed extraordinary fluctuations from Rs 15,00 to Rs 2,500 per head. The spot rate was increased by Rs 900 per head. Due to high rate of US Dollar and less supply of Footi, the prices are facing volatility.Pakistani stakeholders organized an important meeting of the Organic Cotton Accelerator (OCA) in Dubai. It is being told that 25 lakh bales of cotton are yet to be imported from abroad. However, it is looking unlikely that more deals will be signed due to the unavailability of the US dollar.The rate of cotton was increased from Rs 1,000 to Rs 2,000 per head and later fell from Rs 5,00 to Rs 1,000 per head. There was an extraordinary fluctuation in the price of cotton from about Rs.15,00 to Rs.25,00 per head. The price per 40 kg foot was increased from Rs 7.00 to Rs 8.00. Many ginning factories have partially suspended their operations due to unviability.However, due to the rising value of the US dollar, cloth spinners wanted to buy cotton, while ginners were also running after cotton, which has pushed cotton prices to a high of Rs 20,000 a head and footies from Rs 8,200 to Rs 9,300. It has become Rs. Per 40 Kgs.However, after the fall in the market on Friday morning, panic was seen among the ginners, as a result of which the prices of futi and cotton started falling.The price of cotton in Sindh has increased from Rs 8,00 to Rs 1,000 per head to Rs 19,000. The rate of foot per 40 kg is between Rs 7,800 to Rs 8,500 after increasing from Rs 6,00 to Rs 7,00. Cotton rates in Punjab range from Rs 19,500 to Rs 20,000 per head, while footy rates range from Rs 7,800 to Rs 9,000 per 40 kg.Cotton rates in Balochistan range from Rs 19,000 to Rs 19,300 per head and cotton between Rs 8,000 to Rs 9,300 per 40 kg. There was a slight increase in the rates of Khal, Cottonseed and Oil.The spot rate committee of the Karachi Cotton Association increased the spot rate by Rs 900 per head and closed it at Rs 19,200 per head.According to the USDA's weekly export and sales report, 38,900 bales were sold for the year 2023-24. China topped the list by purchasing 31,700 tonnes of bales. Vietnam was second with 10,800 bales. Bangladesh bought 5100 bales and stood third.52,800 bales were sold for the year 2024-25. Malaysia topped the list by purchasing 26,400 bales. Pakistan bought 22,000 bales and stood second. Mexico bought 4,400 bales and ranked third.The government has decided to implement a track-and-trace system in ginning factories to fully document the cotton trade and trace the actual production/sale of the commodity.Companies like Artistic Milliners, which has started scaling it up, also shared valuable feedback. It was said that for this purpose we need non-GMO plus organic seed banks which can give us better production as seeds will play an important role in this.Many well-known names of the cotton industry participated in it. M. Adil Naseem Osawala (Naseem Usman & Sons), Hina Adil Osawala (Musab Seeds Corporation), Dr. Javed Hasan (APTMA), Dr. Khalid (SAWIA), Hafiz Muhammad Bux (WWF), Shahid Saleem (Reeds), Dr. Shahid Zia (Lok Sanjh), Khwaja Noman (Control Association). Lubna Khalid (IDFL), Saqib Sohail and Imar Ahmed (Artistic Milliners), Asad Sorti (Sorty Ant), Maqbool Baig (Interloop), Asad Bajwa, Hussain Memon, Babar Bajwa (CABI), Usman and Rahol (Inditex) participated . The event was hosted by Asif Mehmood, Jyoti Sharma and Rude Shutta (OCA).Meanwhile, cotton importers say that import contracts for the years 2022-23 and 2023-24 have been signed for around 25 lakh bales of Pakistani weight (155 maunds) cotton from abroad.This year, if cotton production in the country is 10 million bales, there will be no need to enter into new import deals except long staple cotton as domestic consumption is expected to be around 12.5 million to 30 million bales. , However, the lack of US dollars may pose difficulties
Rupee rises against dollar, opens 7 paise strongerThe rupee opened strongly against the dollar today. Today, the rupee opened at a level of Rs 82.58 against the dollar with a gain of 7 paise. On the other hand, on Friday, the rupee closed at a level of Rs 82.65 against the dollar with a weakness of 7 paise.Stock market started with a boomToday, the BSE Sensex opened at a level of 65047.37 points with a gain of about 160.86 points. On the other hand, the NSE's Nifty opened at a level of 19322.80 points with a gain of 57.00 points. A total of 2,062 companies opened for trading on BSE today.
Rupee weakens by 8 paise against dollarThis evening, the rupee closed at a level of 82.65 against the dollar with a weakness of 8 paise.Sensex dropped 365 pointsToday the stock market closed with a fall.Today, where the Sensex closed at a level of 64886.51 points with a fall of 365.83 points.On the other hand, the Nifty closed at a level of 19265.80 points with a decline of 120.90 points.
Telangana cotton growth story hinges on innovations: ExpertsHYDERABAD: Telangana's cotton fields hold tremendous potential and its farmers lead the country by displaying remarkable resilience, experts have suggested, to boost productivity growth in the state, and to ensure that For cotton growers to continue their progress, there should be High Density Planting System (HDPS).With HDPS, the density of cotton plant population has increased significantly, potentially quadrupling the number to 26,000 plants per acre. This innovative approach has the potential to increase both cotton production and overall productivity by an estimated 30-40 per cent, showing a promising increase from the current lint yield of 450 kg/ha to 750 kg/ha. Cotton occupies an important place in Telangana's agricultural GDP, contributing 43 per cent. This is further enhanced by the effective irrigation system enabled by the water resources of the various projects.M Ramasamy, President, Rasi Seeds, underlined the importance of HDPS in revolutionizing the cotton industry in the state. “Empowering the farmers is our goal. HDPS, by optimizing plant density and land use, paves the way for higher cotton productivity,” he said, highlighting why it is important now.Dr. Cater Heck, international cotton expert and vice president of agricultural and environmental research at Cotton Inc., USA, said India's remarkable progress in cotton productivity is coming to the fore as the agricultural landscape evolves. Now more than ever, it is more important than ever to embrace cutting-edge scientific breakthroughs, which provide us with the opportunity to increase yields and improve the livelihoods of our farmers.
Pakistan: The spot price increased by more than Rs 500 per headLAHORE: The spot rate committee of the Karachi Cotton Association (KCA) on Thursday hiked the spot rate by Rs 500 per head and closed it at Rs 19,400 per head. The local cotton market remained buoyant and the volume of business was satisfactory.Cotton analyst Naseem Usman told that the spot rate has increased by Rs 900 in two days. The rate of new cotton crop in Sindh is Rs 19,500 per head. The rate of footi in Sindh is between Rs 8,000 to Rs 9,000 per 40 kg. Cotton rates in Punjab range from Rs 20,000 to Rs 20,200 per head and cotton between Rs 8,000 to Rs 9,000 per 40 kg. Cotton rates in Balochistan range from Rs 19,000 to Rs 19,700 per head, while footy rates range from Rs 8,000 to Rs 9,000 per 40 kg.Around 600 bales of Hyderabad, 800 bales of Mirpur Khas, 1600 bales of Sanghar, 200 bales of Nawab Shah, 200 bales of Sarkand, 1200 bales of Shahdadpur were sold at Rs.19,000 per head, 3400 bales of Saleh Pat were sold 19,000 to Rs 19,200 per head, 2400 bales of Tando Adam sold for Rs 18,325 to Rs 19,100 per head, 800 bales of Mehrab Pur Rs 19,100 per head, 600 bales of Miyan Channu, 1200 bales of Lodhran were sold. 20,000 per head, 200 bales of Chishtian, 400 bales of Fakir Wali were sold at 19,500 per head, 600 bales of Vehari were sold at 19,500 to 19,700 per head, 200 bales of Bahawalpur 19,100 Sold at the rate of Rs. per head. , Chichavatni 400 bales, Dera Ghazi Khan 800 bales were sold at Rs 19,700 per head, Dera Ghazi Khan 800 bales at Rs 19,500 to Rs 20,000 per head, Layya 800 bales at Rs 19,400 to Rs 19,600 Sold at the rate of per head. Man, Haroonabad 600 bales was sold at Rs 19,600 to Rs 19,800 per head, Murid Wala 200 bales at Rs 19,900 per head, Haasil Pur 200 bales, Gojra 200 bales, Burewala 400 bales at Rs 19,800 per head. Per head, Arif Wala 200 bales, Ahmed Pur East 200 bales were sold at Rs 19,500 per head, Fort Abbas 600 bales at Rs 19,700 per head, Winder 600 bales, Lasbela 600 bales and Utal 600 bales per head. Sold at the rate of Rs.19,000 per head.The spot rate committee of the Karachi Cotton Association increased the spot rate by Rs 400 per head and closed it at Rs 19,400 per head. Polyester fiber was available at Rs 365 per kg.
Rupee opens flat at 82.58 against the US dollar ahead of Fed Chair Jerome Powell's speechThe Indian rupee opened marginally lower against the US dollar on Friday, snapping three-day gaining streak, as the dollar index reached near two-month high amid cautiousness ahead of Federal Reserve Chair Jerome Powell's speech. The local currency opened at 82.58 as compared to previous close of 82.57 a dollar.Sensex Declines 200 Points, Nifty Below 19,350 On Weak Cues.The two key equity benchmarks, Sensex and Nifty, on Friday began in the red tracking a weak note amid tepid global trends. The BSE Sensex was down 204 points to 65,048. On the other hand, the NSE Nifty50 was trading at 19,323, down 64 points.
Rupee strengthened by 12 paise against dollarThe rupee strengthened by 12 paise to close at Rs 82.57 against the dollar this evening.Sensex fell 108 pointsToday the stock market closed with a fall.Today, where the Sensex closed at a level of 65252.34 points with a fall of 180.96 points.At the same time, Nifty closed at 19386.70 points with a fall of 57.30 points.
Pakistan: The spot rate increased by Rs 400 in one day's rise.LAHORE: The spot rate committee of the Karachi Cotton Association (KCA) on Wednesday hiked the spot rate by Rs 400 per head and closed it at Rs 18,900 per head. The local cotton market remained upbeat and the trading volume was satisfactory.Cotton analyst Naseem Usman said that the rate of new cotton crop in Sindh is between Rs 18,800 to Rs 19,000 per head. The rate of footi in Sindh is between Rs 7,800 to Rs 8,800 per 40 kg. Cotton rates in Punjab range from Rs 19,800 to Rs 20,000 per head and cottonseeds range from Rs 8,000 to Rs 9,000 per 40 kg. Cotton rates in Balochistan range from Rs 18,700 to Rs 19,000 per head, while footy rates range from Rs 8,000 to Rs 9,000 per 40 kg.Around, 200 bales of Hyderabad were sold at Rs.18,550 per head, 1800 bales of Tando Adam at Rs.18,400 to Rs.18,600 per head, 1200 bales of Shahdadpur at Rs.18,500 to Rs.18,600 per head, 600 bales were sold. Daur, 800 bales of Bandhi, 800 bales of Bukhari, 600 bales of Khairpur were sold at Rs.18,500 per head, 1400 bales of Mehrabpur at Rs.18,500 to Rs.18,700 per head, 1200 bales of Rohri at Rs.18,500 per head. 18,600 per head, 2000 bales of Saleh Pat at Rs.18,500 to 18,700 per head, 600 bales of Sarhari at Rs.18,700 per head, 600 bales of Nawab Shah at Rs.18,500 per head, 400 bales were sold. Dera Ghazi Khan, Vehari sold for Rs.19,500 per head in 200 bales, Khanewal in 800 bales for Rs.19,200 to Rs.19,400 per head, Layya in 1600 bales at Rs.18,900 to Rs.19,200 per head, Marot in 400 bales. 19,000 per head, Fakir Wali 1800 bales at Rs 19,000 to Rs 19,300 per head, Bahawalpur 400 bales, Yajman Mandi 400 bales at Rs 19,100 per head, Burewala 1200 bales at Rs 19,300 per head. 19,200 to 19,500 per head, 1000 bales of Lodhran at Rs 19,500 per head, 2800 bales of Harunabad at Rs 19,000 to 19,400 per head and 200 bales of Sadiqabad at Rs 19,400 per head.The spot rate committee of the Karachi Cotton Association on Wednesday increased the spot rate by Rs 400 per head and closed it at Rs 18,900 per head. Polyester fiber was available at Rs 365 per kg.
Rupee opens 22 paise stronger against dollarThe rupee opened strongly against the dollar today. Today, the rupee opened at a level of Rs 82.46 against the dollar with a weakness of 22 paise. On the other hand, on Wednesday, the rupee strengthened by 25 paise to close at Rs 82.68 against the dollar. In this way, the rupee has strengthened by about 50 paise in two days.Know how the stock market will move today, where will be the earningsToday the Indian stock market can start with a boom. Whereas, GIFT Nifty was also trading at higher levels in the early hours. Apart from this, Hong Kong is performing better in the Asian market this morning. The GIFT Nifty, earlier known as SGX Nifty, was trading at 19,516.5, up 12 points or 0.06%, at 7.29 am on Thursday. GIFT Nifty today opened at 19,504.5 and traded in the range of 19,521.5 to 19,481 respectively.
Rupee strengthened by 25 paise against dollarThe rupee strengthened by 25 paise to close at Rs 82.69 against the dollar this evening.Sensex up 213 pointsToday the stock market closed with a boom.Today, where the Sensex closed at a level of 65433.30 points with a gain of about 213.27 points.On the other hand, the Nifty closed at the level of 19444.00 points with a gain of 47.50 points.
Ginners will boycott the tenders of Cotton Corporation regarding BIS certificationNagpur: The Vidarbha Cotton Association (VCA), is going to be. Its members, over 400 ginners, cotton growers, traders and brokers, have given a call to boycott the annual tender of the Cotton Corporation of India (CCI), which buys cash crops from farmers at the minimum support price (MSP). The call for protest may shock the farmers of the region, disrupting the procurement cycle.CCI does ginning during ginners' meetings held at Hinganghat Kalmeshwar on Tuesday and after buying cotton from farmers. Cotton Ginning and Pressing Tenders are invited inviting ginners to process the raw stock. Cotton bales are made by the Bureau of Indian Standards. Research: Ginners to boycott Cotton Corporation's tenders on BIS certification.Various parameters, changes in climatic conditions, waste content, multiple harvesting seasons affect the final characteristics of cotton. VCA members say, CCI then stores the bales in its godowns where these are further taken for processing into yarn, in textile mills to make cloth and apparel.BIS proceeds on the basic premise that the arrival of quality raw cotton is not in their hands. “BIS can be applied on a product like gold, but not on lumps. Farmers start bringing raw cotton from October, while November to April is the peak season. Many farmers of Maharashtra have kept their stocks withheld till now. It is expected to get good price in August also. Irfan Khoje, a ginner and VCA member from Narkhed, said it is practically not possible to meet the BIS norms. “We are processors, not manufacturers. Not only ginners, but farmers will also suffer a lot by ignoring these rules,'' he said.Another member of the VCA, Bhavesh Shah said that ginning is happening. The industry is directly linked to the farmers. Processing of the best cotton is sometimes delayed in ginningIt rains or gets mixed with the leaves. If BIS forces us, then we have to ask farmers to bring desirable quality. If we do this, the gendarmes will be seen as anti-farmer,” he said.It is almost certain that it will be impossible for farmers to bring cotton as per BIS norms, said Narendra Chandak, a farmer and ginner. “BIS is not applicable on any agricultural commodity. Quality checks should not be imposed on us,'' Chandak ji said.Cotton consultant Govind Vairale believes that moisture is the only constraint. While the rest of the parameters can be complied with. at the beginning of the cotton season. So the moisture percentage stipulation should be relaxed from 8% to 12%. Later, the moisture should be up to 8%. All other specifications can be done. Should not be implemented as per BIS norms,” he said.
Pakistan: Good business in cotton marketLAHORE: The spot rate committee of the Karachi Cotton Association (KCA) on Tuesday hiked the spot rate by Rs 100 per head and closed it at Rs 18,500 per head. The local cotton market remained firm and the trading volume was satisfactory.Cotton analyst Naseem Usman said that the rate of new cotton crop in Sindh is between Rs 18,400 to Rs 18,500 per head. The rate of footi in Sindh is between Rs 7,000 to Rs 8,300 per 40 kg. The rate of cotton in Punjab is between Rs 19,200 to Rs 19,500 per head and the rate of foot is between Rs 7,700 to Rs 8,800 per 40 kg. Cotton rates in Balochistan range from Rs 18,300 to Rs 18,500 per head, while footy rates range from Rs 7,800 to Rs 8,600 per 40 kg.About 400 bales of Mehrab Pur, 1,000 bales of Khair Pur, 800 bales of Rohri at Rs 18,300 to Rs 18,350 per head, 1600 bales of Saleh Pat at Rs 18,300 to Rs 18,500 per head, 2200 bales of Shahdad Pur were sold. Sold at Rs 18,300 to Rs 18,400 per head, 800 bales of Mir Pur Khas, 200 bales of Sarkand sold at Rs 18,300 per head, 3200 bales of Tando Edam sold at Rs 18,400 to Rs 18,500 per head 400 bales of Daur were sold at Rs 18,300 to Rs 18,400 per head, Halani 400 bales at Rs 18,400 per head, Dera Ghai Khan 200 bales, Haroonabad 600 bales at Rs 18,900 per head, Lodhran 400 bales, 800 bales per head were sold Fort Abbas, Fakir Wali 1200 bales for Rs 19,000 per head, Vehari 1800 bales for Rs 18,900 to Rs 19,000 per head, Khanewal 500 bales for Rs 19,000 to Rs 19,200 per head, Hasil 400 bales were sold. Pur was sold for Rs 18,900 to Rs 19,000 per head, Laiya 400 bales, Sadiqabad 200 bales at Rs 18,900 per head, Jalal Pur 600 bales at Rs 19,000 to Rs 19,100 per head, Donga Bonga 400 bales were sold. 19,100 per head and 200 bales of Ahmed Pur East were sold at Rs.19,000 per head.The spot rate committee of the Karachi Cotton Association increased the spot rate by Rs 100 per head and closed it at Rs 18,500 per head. Polyester fiber was available at Rs 365 per kg.
Rupee rallied against dollar, opened weak by 6 paiseThe rupee opened strongly against the dollar today. Today, the rupee opened at a level of Rs 83.00 with a weakness of 6 paise against the dollar. On the other hand, on Monday, the rupee strengthened by 17 paise to close at Rs 82.94 against the dollar.Know which 3 stocks to bet on in the share market today, you will earnToday i.e. on Wednesday, the Indian stock market can open with a green mark. But ups and downs are likely to remain. In early hours today, GIFT Nifty is trading at higher levels which is expected to give a positive opening to Sensex and Nifty 50. However, on the other hand, Asian markets are trading mixed. As far as American stocks are concerned, trading has closed with a fall in the night. GIFT Nifty, earlier known as SGX Nifty, was trading at 19,357.5, up 43 points, or 0.22 per cent, at 7.32 am on Wednesday.
Rupee strengthened by 17 paise against dollarThe rupee strengthened by 17 paise to close at Rs 82.94 against the dollar this evening.Sensex up 3 pointsToday the stock market closed with a boom.Today, where the Sensex closed at a level of 65220.03 points with a gain of about 3.94 points.On the other hand, the Nifty closed at 19396.50 points with a gain of 2.90 points.
Pakistan: The spot price of cotton has increased amid continuous purchase of mills.LAHORE: The spot rate committee of the Karachi Cotton Association (KCA) on Monday hiked the spot rate by Rs 100 per head and closed it at Rs 18,400 per head. The local cotton market remained buoyant and the volume of business was satisfactory.Cotton analyst Naseem Usman said that the rate of new cotton crop in Sindh is between Rs 18,400 to Rs 18,500 per head. The rate of footi in Sindh is between Rs 7,500 to Rs 8,500 per 40 kg. The rate of cotton in Punjab is Rs 19,000 per head and the rate of cotton is between Rs 7,800 to Rs 8,600 per 40 kg. Cotton rates in Balochistan range from Rs 18,400 to Rs 18,500 per head, while footy rates range from Rs 8,000 to Rs 8,600 per 40 kg.About 200 bales of Nawab Shah, 1000 bales of Chaudagi, 200 bales of Bukhari, 200 bales of Sultanabad were sold at Rs 18,300 per head, 600 bales of Tando Adam, 3800 bales of Shahdadpur were sold at the rate of Rs 18,300 to Rs 18,400 per head. 200 bales of Mir Pur Khas, 400 bales of Khadro, 200 bales of Saleh Pat were sold at the rate of Rs 18,200 per head, 200 bales of Saleh Pat were sold at the rate of Rs 18,200 to 18,300 per head, 800 bales of Khair Pur Sold for Rs.18,200 to Rs.18,300 per head, 200 bales of Daur sold for Rs.18,200 to Rs.18,225 per head, 600 bales of Fakir Wali sold for Rs.18,800 to Rs.19,000 per head, 800 bales of Fort Abbas sold for Rs.18,800. 19,000 per head, Chishtian 600 bales, Marot 400 bales, Harunabad 1000 bales, Rahim Yar Khan 1200 bales at Rs 18,800 per head, Chichavatni 200 bales, Miyan Channu 200 bales at Rs 18,900. Per mind, 400 bales of Lodharan were sold at Rs.18,800 to Rs.18,900 per mind.The spot rate committee of the Karachi Cotton Association increased the spot rate by Rs 100 per head and closed it at Rs 18,400 per head. The rate of polyester fiber was increased by Rs 5 and was available at Rs 365 per kg.
Rupee opens marginally higher at 83.08 against the US dollarThe Indian rupee opened marginally higher against the US dollar on Tuesday amid a recovery in other Asian currencies. The local currency opened at 83.08 a dollar as compared to previous close of 83.11.Slight rise in Sensex, but Jio Financial hits lower circuit againToday, the stock market has started with a slight boom, but Jio Financial's stock has again hit the lower circuit. Keep in mind that even after the listing yesterday, a lower circuit was installed in it, which did not open again till evening. Today the Share Market started with a boom. Today, the BSE Sensex opened at a level of 65266.18 points with a gain of about 50.09 points. On the other hand, the NSE's Nifty opened at a level of 19412.20 points with a gain of 18.60 points.
| title | Created At | Action |
|---|---|---|
| Rupee opens 4 paise higher at 82.59 against the US dollar | 29-08-2023 09:21:42 | view |
| India on track for lowest monsoon rains in 8 years - sources | 28-08-2023 17:13:14 | view |
| Rupee strengthened by 2 paise against dollar . | 28-08-2023 16:50:33 | view |
| Maharashtra: Be careful..! pink bollworm attack on cotton | 28-08-2023 13:35:46 | view |
| Pakistan Weekly Cotton Review: Spot rates rise on volatile market. | 28-08-2023 11:46:24 | view |
| Rupee rises against dollar, opens 7 paise stronger | 28-08-2023 09:31:08 | view |
| Rupee weakens by 8 paise against dollar .. | 25-08-2023 16:47:35 | view |
| Telangana cotton growth story hinges on innovations: Experts | 25-08-2023 11:46:45 | view |
| Pakistan: The spot price increased by more than Rs 500 per head | 25-08-2023 10:20:51 | view |
| Rupee opens flat at 82.58 against the US dollar ahead of Fed Chair Jerome Powell's speech | 25-08-2023 09:17:15 | view |
| Rupee strengthened by 12 paise against dollar.. | 24-08-2023 16:12:47 | view |
| Pakistan: The spot rate increased by Rs 400 in one day's rise. | 24-08-2023 10:19:56 | view |
| Rupee opens 22 paise stronger against dollar. | 24-08-2023 09:30:29 | view |
| Rupee strengthened by 25 paise against dollar. | 23-08-2023 16:21:06 | view |
| Ginners will boycott the tenders of Cotton Corporation regarding BIS certification | 23-08-2023 11:23:31 | view |
| Pakistan: Good business in cotton market | 23-08-2023 10:46:06 | view |
| Rupee rallied against dollar, opened weak by 6 paise | 23-08-2023 09:21:40 | view |
| Rupee strengthened by 17 paise against dollar. | 22-08-2023 16:14:46 | view |
| Pakistan: The spot price of cotton has increased amid continuous purchase of mills. | 22-08-2023 10:25:42 | view |
| Rupee opens marginally higher at 83.08 against the US dollar | 22-08-2023 09:29:49 | view |
