Today evening, the rupee strengthened by 18 paise to close at Rs 77.55 against the dollar.Huge rise in Sensex, closed up by 1534 pointsToday the stock market closed sharply.Today, where the Sensex rose by about 1534.16 points, closed at the level of 54326.39 points.On the other hand, Nifty closed at 16266.20 with a gain of 456.80 points.
Rupee opens 21 paise stronger against dollarRupee opened with strength today against the dollar in the foreign exchange market. Today the rupee opened with the strength of 21 paise at Rs 77.51 against the dollar. At the same time, on Thursday, the rupee closed at Rs 77.74 with a weakness of 14 paise against the dollar.
Sensex rises again, opens up 759 pointsToday the stock market opened with great momentum. Today, the BSE Sensex opened with a gain of 759.11 points at the level of 53551.34 points. On the other hand, the Nifty of NSE opened with a gain of 237.60 points at the level of 16047.00 points.
All India Weather Forecast for May 20, 2022Countrywide weather systemsConditions are becoming favorable for further advance of Southwest Monsoon into some more parts of South and Central Bay of Bengal and some parts of South Arabian Sea during next 48 hours.A Cyclonic Circulation lies over North Interior Tamil Nadu and adjoining region.A trough is extending from Northeast Madhya Pradesh to Interior Tamil Nadu across Vidarbha, Marathwada and Interior Karnataka.A Cyclonic Circulation is persisting over East Central parts of Rajasthan.A Western Disturbance is over Jammu and Kashmir and adjoining region.An East West Trough is running from North West Rajasthan to West Assam passing through South Uttar Pradesh, South Bihar and Sub Himalayan West Bengal.Weather movement across the country during the last 24 hoursDuring the last 24 hours, moderate to heavy rains occurred over many parts of Meghalaya, Assam, Arunachal Pradesh and parts of Kerala.Light to moderate rain with isolated heavy falls occurred over Andaman and Nicobar Islands, rest of Northeast India and parts of Karnataka.Light to moderate rain occurred over Lakshadweep, Rayalaseema, Coastal Andhra Pradesh, parts of Telangana, Sikkim, Sub-Himalayan West Bengal and Uttarakhand.Light rain occurred at isolated places over Tamil Nadu, parts of Chhattisgarh, Jharkhand, North Punjab, North Haryana, Jharkhand, Goa and Northeast Madhya Pradesh.Weather activity likely during next 24 hoursDuring the next 24 hours, light to moderate rain with isolated heavy falls is likely over Coastal Karnataka, North Interior Karnataka, parts of Kerala, Lakshadweep, Andaman and Nicobar Islands, West Assam and Meghalaya.Light to moderate rain may occur over rest of Northeast India, Sub-Himalayan West Bengal, East parts of Bihar, parts of Rayalaseema, Tamil Nadu, Jammu and Kashmir, Gilgit-Baltistan, Muzaffarabad, Ladakh and parts of Himachal Pradesh.Light rain is possible over Uttarakhand, East Jharkhand, parts of Odisha, South Chhattisgarh, Vidarbha, Marathwada, South Konkan and Goa, one or two parts of South Madhya Maharashtra and Coastal Tamil Nadu.Heat wave is possible in isolated parts of Rajasthan, South Haryana and Madhya Pradesh and heatwave may reach parts of Odisha by May 21 and 22.
The rupee declined by 14 paise to close at Rs 77.72 against the dollar this evening.Huge fall in Sensex, 1416 points closed after breakingToday the stock market closed with a fall.Today, where the Sensex closed at a level of 52792.23 points, down 1416.30 points.On the other hand, Nifty closed at a level of 15809.40 points down by 430.90 points.
Sensex collapses as soon as it opens, registers a fall of 885 pointsToday the stock market opened with a fall. Today the BSE Sensex fell by about 884.50 points and opened at the level of 53324.03 points. On the other hand, the Nifty of NSE opened with a decline of 263.30 points at the level of 15977.00 points.
Rupee rumbles against dollar, opened 14 paise weakRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 14 paise at Rs 77.72 against the dollar. At the same time, on Wednesday, the rupee closed at Rs 77.58 with a weakness of 2 paise against the dollar.
The rupee declined by 2 paise to close at Rs 77.58 against the dollar this evening.Share market decline, Sensex breaks 110 points moreToday the stock market closed with a fall.Today, where the Sensex fell by about 109.94 points, closed at the level of 54208.53 points.On the other hand, Nifty closed at the level of 16240.30 points down by 19.00 points.
Rupee opens 2 paise stronger against dollarRupee opened with strength today against the dollar in the foreign exchange market. Today the rupee opened with a strength of 2 paise at Rs 77.54 against the dollar. At the same time, on Tuesday, the rupee closed at Rs 77.56 with a weakness of 11 paise against the dollar.
All India Weather Forecast for May 18, 2022Countrywide weather systemsConditions are favorable for further advance of Southwest Monsoon into some parts of South Bay of Bengal, entire Andaman Sea, Andaman Islands and parts of East Central Bay of Bengal during next 2 to 3 days.A Cyclonic Circulation is persisting over South-West Bay of Bengal off Tamil Nadu Coast.Another cyclonic circulation lies over Lakshadweep and adjoining southeast Arabian Sea.A trough is extending from Northeast Madhya Pradesh to North Interior Tamil Nadu across Vidarbha and Interior Karnataka.Another trough is lying at a low level from West Uttar Pradesh to Jharkhand.A cyclonic circulation is persisting over the adjoining Punjab region.Weather movement across the country during the last 24 hoursDuring the last 24 hours, Assam, Meghalaya, Arunachal Pradesh, Karnataka and Lakshadweep received moderate to heavy rains.Light to moderate rain with isolated heavy falls occurred over Tamil Nadu, Rayalaseema, Sikkim, East Bihar and Andaman and Nicobar Islands.Light to moderate rain occurred over parts of Himachal Pradesh, Uttarakhand and West Bengal.Light rain occurred over East Uttar Pradesh, parts of Bihar and one or two parts of Goa, Telangana, Chhattisgarh and Coastal Andhra Pradesh.Heat wave conditions were observed over parts of Punjab, Himachal Pradesh, South along with Uttar Pradesh and Northeast Madhya Pradesh.Weather activity likely during next 24 hoursDuring the next 24 hours, moderate to heavy rains are likely to continue over Meghalaya, parts of Assam, Arunachal Pradesh, Andaman and Nicobar Islands, South Karnataka and Kerala.Light to moderate rain with isolated heavy falls is possible over Tamil Nadu, Rayalaseema and Sikkim.Light rain with one or two places may occur over Western Himalayas, Eastern parts of Bihar and West Bengal.Light rain is possible over Jharkhand, Odisha, Chhattisgarh, Telangana and parts of Vidarbha and Goa.Heat wave conditions are possible over parts of Madhya Pradesh, Bihar and Jharkhand.
The rupee declined by 11 paise to close at Rs 77.56 against the dollar this evening.Sensex rises by 1345 pointsToday the stock market closed sharplyToday, where the Sensex closed at the level of 54318.47 points with a gain of 1344.63 points.On the other hand, Nifty closed at the level of 16259.30 points down by 417.00 points.
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Rupee rumbles against the dollar, 24 paise open weakRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 24 paise at Rs 77.69 against the dollar. At the same time, on Friday, the rupee closed at Rs 77.45 with a weakness of 3 paise against the dollar.
Sensex rises further, opens up 262 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 262.08 points to open at the level of 53235.92 points. On the other hand, the Nifty of NSE opened with a gain of 87.20 points at the level of 15929.50 points.
This week's Cotton AccountDetails from 9 May 2022 to 14 May 2022Traders need to be very cautious due to uncertain boom in cotton trade. Keeping this in mind, we have brought you a complete account of last week's cotton. Let's know all the important information related to the world of cotton.Weather- The temperature was very high in most places last week. In most of the cotton areas, the area of cotton is larger due to early sowing. It is being said that the new cotton crop will come early and in abundance.Inflows - Last week cotton inflows have been recorded around 3 lakh bales. At present the daily inflow of cotton is 40 thousand bales per day. Prices continue to rise, ginning factories are getting the benefit.Cotton and Yarn – Yarn prices are stable but demand remains. The price of cotton has also come down, its demand is also very limited. Selling cotton has become a challenge for ginners these days.Ice Cotton - ICEE July futures last week 1.59 plus weekly change. This is the best time for multinational companies to sell cotton in India. It is likely that the government will now make effective efforts to reduce prices. ICE Kajulai futures rose 1.59 cents. It closed last week at 145.20.MCX - MCX May futures closed at 48,700 last week with a gain of 1940 points. The June futures market closed at 48,660 points with a gain of 2180 points.NCDX Cotton and Khaal – On the NCDX platform, April saw an increase of 19.5 points in Cotton while the Khaal market remained negative. Khaal closed the month of May with a decrease of 58 points at 2856. A decrease of 77 points was recorded in June and 81 points in July. Currencies - Due to the record rise in dollar prices, this week saw a lot of fluctuations in the currencies of various countries. But at the end of the week most of the currencies showed a positive change. Indian rupee appreciated by 0.53 points, Pakistani rupee by 6.1 points, Chinese currency by 0.2238 points, Australian dollar by 0.02914 points and Malaysian ringgit by 0.02805 points. While the Brazilian real recorded a negative difference of 0.0221.OTHER EXCHANGE MARKET - Indian cotton prices have touched their highest levels. MCX futures key cotton price has moved higher than the Kotlook A index. At the end of the week, Kotlook A Index was down 3.25, Brazil Cotton Index was up 7.49, USDA Spot Rate was up 1.59, MCX Spotrate was up 1870. Whereas no difference was observed in KCA spot rate of Pakistan.A look here too – Last week in commodity markets brought negative spreads for Gold, Silver and Crude. At the end of the week, gold prices were down $75.5, silver was down $1.247 and crude was down $0.45.Summary Report - Cotton prices hit all-time high due to speculators' play. The benefit of this rise in prices has been given only to farmers and engineers while other textile channels are also finding it difficult to extract their margins. Looking at the current scenario, it seems that Indian cotton prices will remain bullish. MCX futures are in the hands of speculators. Due to the limited number of outstandings and low volumes, they can play as they wish. In such a case, the businessman should speed up the business based on his wisdom and discretion.
Today on the occasion of Buddha Purnima, there was no business in the foreign exchange market today due to holiday.Sensex returned, closed by 180 pointsToday the stock market closed sharply.Today, where the Sensex closed at the level of 52973.84 points down by about 180.22 points.On the other hand, Nifty closed at a level of 15842.30 with a fall of 60.10 points.
All India Weather Forecast for May 16, 2022Countrywide weather systemsSouthwest Monsoon has advanced into South Andaman Sea, Nicobar Islands and adjoining southeast Bay of Bengal.The Cyclonic Circulation lies over Coastal Andhra Pradesh and adjoining region.A trough is passing through Sub-Himalayan West Bengal from Bihar to Assam and Meghalaya.A Western Disturbance is persisting over North Pakistan.The Cyclonic Circulation lies at 500 hpa over Kerala and adjoining southeast Arabian Sea.Weather movement across the country during the last 24 hoursDuring the last 24 hours, Kerala, Assam, Meghalaya, Arunachal Pradesh and Lakshadweep experienced moderate to very heavy rain with isolated heavy falls.Light to moderate rain with one or two heavy spells occurred over rest of Northeast India, Tamil Nadu and West Bengal.Light to moderate rain occurred over South Interior Karnataka, Andaman and Nicobar Islands and Chhattisgarh.Light rain occurred over Rayalaseema and Interior Karnataka.Heat wave conditions persisted over Rajasthan, Haryana, Delhi, parts of South Uttar Pradesh, most parts of Madhya Pradesh and Punjab.Heat wave conditions are persisting over Northwest Madhya Pradesh and Southwest Uttar Pradesh.Weather activity likely during next 24 hoursDuring the next 24 hours, moderate to heavy rains with very heavy falls at a few places are likely over Northeast India, Andaman and Nicobar Islands, Kerala, Coastal and South Karnataka.Light to moderate rain with one or two heavy spells may occur over Sikkim, Sub-Himalayan West Bengal, Interior Tamil Nadu and Lakshadweep.Light to moderate rain may occur at one or two places over Northeast Bihar, parts of Chhattisgarh, North Interior Karnataka and Goa.Light rain is possible over Rayalaseema, Odisha, South Madhya Maharashtra, Goa, Telangana and Western Himalayas.Light rain and dust storm and thundershowers are very likely to occur over northern parts of Punjab and Haryana. Light dust storm is very likely to occur over remaining parts of Punjab, Haryana, West Uttar Pradesh and isolated parts of Delhi NCR.Heat wave conditions with isolated heat wave conditions may occur at isolated places over Rajasthan, parts of Madhya Pradesh, South Uttar Pradesh, Haryana and Delhi.Heat wave conditions are likely over parts of Vidarbha, North Madhya Maharashtra and Gujarat.
Sensex rises further, opens up 111 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 111.45 points to open at the level of 52905.07. On the other hand, the Nifty of NSE opened with a gain of 30.20 points at the level of 15812.40 points.
CAI again reduced its cotton crop estimate, said 323.63 lakh bales from 2021-22 seasonThe Crop Committee of the Cotton Association of India recently held a meeting on 13 May 2022. In this meeting, 15 prominent members from different cotton producing regions of the country participated. In the meeting, the committee arrived at the April estimates of cotton crop for the 2021-22 season and prepared an estimated cotton balance sheet based on the data received. According to this sheet, CAI has reduced its consumption estimate for the current year 2021-22 to 320 lakh bales per 170 kg. Whereas last year the consumption estimate was 335 lakh bales of 170 kg. At the same time, the consumption figure is estimated to be 200 lakh bales per 170 kg by 30 April 2022.estimation of productionIn terms of production, CAI has also reduced its production estimate for the season 2021-22. Now the estimated production is 323.63 lakh bales per 170 kg. While the previous estimate was 335.13 lakh bales per 170 kg. Have a look at the changes made in the State wise Cotton Production Estimates -Changes in arrival figures alsoIndian cotton arrivals during the months of October 2021 to April 2022 are estimated at 277.49 lakh bales per 170 kg. By 30 April 2022, about 85 percent of Indian cotton arrivals have been exhausted. According to CAI data from 2017-18 to 2019-20, 15.64 per cent of the total crop arrivals comes between May 1 and September 30. This includes the arrival of the new crop of August and September along with the current season.A look at import-exportThe import of cotton in India has been estimated at 1.5 million bales per 170 kg. Whereas the import of season 2021-22 is 5 lakh bales more than the estimate. The committee has also reduced its exports to 40 lakh bales per 170 kg. In the meeting, the committee has estimated its closing stock to be 53.63 lakh bales per 170 kg on September 30, 2022.
The rupee declined by 3 paise to close at Rs 77.45 against the dollar this evening.Stock market fall, Sensex breaks 137 points moreToday the stock market closed with a fall.Today, where the Sensex closed at the level of 52793.62 points with a fall of 136.69 points.On the other hand, Nifty closed at a level of 15782.20 points down by 25.80 points.