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Showing posts with label CapitalStars Reviews. Show all posts
Showing posts with label CapitalStars Reviews. Show all posts

Thursday 6 August 2015

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CLOSING BELL 06-AUG-2015

CS CLOSING BELL:
NIFTY SPOT UP 20@8588
SENSEX UP 75@28298
BANK NIFTY FUTURES UP 86@19102
HAVE A NICE DAY!
WWW.CAPITALSTARS.COM +917316790000


DAILY NIFTY SMART MOVERS

SCRIPTS
PRICE
VOLUME             (IN 000’S)
PRE. CLOSE
CHANGE (%)
CHANGE (Rs.)
1830.20
1766.61
1779.60
2.84
50.60
705.85
1102.88
691.90
2.02
13.95
162.00
4882.39
159.00
1.89
3.00
4260.40
431.51
4191.80
1.64
68.60
382.25
7472.18
376.40
1.55
5.85

DAILY NIFTY TOP   LAGGARDS






SCRIPTS
PRICE
VOLUME (000’S)
PRE. CLOSE
CHANGE (%)
CHANGE (Rs.)
533.10
1487.52
550.60
-3.18
-17.50
326.00
5449.90
331.80
-1.75
-5.80
431.25
3989.05
438.50
-1.65
-7.25
165.20
1699.73
167.20
-1.20
-2.00
913.55
901.61
923.30
-1.06
-9.75

Wednesday 5 August 2015

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Opening Bell 05-Aug-2015

CS NIFTY FUTURES (AUG)  OVERVIEW:
TREND MIXED TO BULLISH
RES2:8650
RES 1:8605
SUP1:8525
SUP2:8475
---------------------------

CS BANK NIFTY FUTURES (AUGUST ) OVERVIEW:
TREND MIXED TO BULLISH
RES 2:19275
RES 1:19195
SUP1:18960
SUP2:18860
----------------------------

CS OPENING BELL :
NIFTY SPOT UP 47@8562
SENSEX UP 162@28227
BANK NIFTY FUTURES UP 82@19142
HAPPY TRADING
WWW.CAPITALSTARS.COM +917316790000

Tuesday 4 August 2015

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Opening Bell 04-Aug-2015

CS NIFTY FUTURES (AUG)  OVERVIEW:
TREND  MIXED TO  BULLISH
RES2:8650
RES 1:8605
SUP1:8525
SUP2:8495
-------------------------------
CS BANK NIFTY FUTURES (AUGUST ) OVERVIEW:
TREND  MIXED TO BULLISH
RES 2:19275
RES 1:19150
SUP1:18825
SUP2:18715
--------------------------------
CS OPENING BELL :
NIFTY SPOT UP 10@8552
SENSEX UP 47@28237
BANK NIFTY FUTURES UP 72@19032
HAPPY TRADING
WWW.CAPITALSTARS.COM +917316790000

Monday 3 August 2015

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INDIAN BENCHMARKS 03-Aug-2015

INDIAN BENCHMARKS  are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 10 points higher.                                                  
                                      
                                                          
Headlines for the day:

  •  L&T Q1 margins below estimate; order inflows decline
  •  ICICI Bank zooms as Q1FY16 marks healthy growth in earnings
  • Sun TV Q1 net profit at Rs197 crore; stock up 9%
  • Titan drops as weak jewellery sales dent Q1 performance

Results on 3rd August

HCL TECH, ABAN OFFSHOR , HEROMOTOCO , IBULLREALESTATE , BHARAT FORGE
                                                                                                                                                                                                                                                   

Trend in FII flows: The FIIs were net  sellers of Rs  - 277.77 Cr in the cash segment on Friday while the DIIs were net buyers of Rs   1021.34 Cr, as per the provisional figures released by the NSE.

Monday 27 July 2015

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Bank Nifty Market Trends 27-July

Nifty levels:  
Nifty spot close @8521
Nifty future close @8540

Today’s view on Nifty

Nifty future closed around its suppot level, no selling remain above 8520 keep buying, we may see buying from lower level.

Bank Nifty levels:  
Bank nifty spot close @18640
Bank nifty future close @18895

View on Bank nifty

Profit booking is expected from upper level, keep buy on dips. No selling above 18300 please.  

MARKET COMMENTERY

Key benchmark indices dropped sharply on last trading day of the week. After trading with small losses in first half of the day's trade, key benchmark indices extended fall and hit fresh intraday low in late trade. The barometer index, the S&P BSE Sensex was provisionally off 229.67 points or 0.81% at 28,141.17. The market breadth indicating the overall health of the market was negative. Key benchmark indices edged lower today, 24 July 2015, as complete washout of Lok Sabha proceedings in the first week of the monsoon session, because of a political tussle between the National Democratic Alliance (NDA) government and the Congress party triggered concerns about the passage of key reform bills.

STOCK BUZZ
1. Axis Bank's gross non-performing assets on absolute basis edged higher to Rs 4251.18 crore as on 30 June 2015 from Rs 4110.19 crore as on 31 March 2015 and Rs 3463.27 crore as on 30 June 2014. The ratio of gross non-performing assets to gross advances stood at 1.38% as on 30 June 2015, higher than 1.34% each as on 31 March 2015 and 30 June 2014. The ratio of net non-performing assets to net advances stood at 0.48% as on 30 June 2015, higher than 0.44% each as on 31 March 2015 and 30 June 2014.

2. ABB India's revenue rose 6.03% to Rs 1932 crore in Q2 June 2015. The company said the growth in revenue was on account of efficient execution and conversion of order backlog across divisions. ABB India said that over the years, the company's initiatives towards operational excellence have been yielding results, fortifying profit margins.

HOT PURSUIT
1. Meanwhile, the Ministry of Water Resources said today, 24 July 2015, that water storage available in 91 important reservoirs of the country as on 16 July 2015 was 58.96 billion cubic metres (BCM) which is 37% of total storage capacity of these reservoirs. This storage is 115% of the storage of corresponding period of last year and 108% of storage of average of last ten years. The present storage position during current year is better than the storage position of last year and is also better than the storage of average of last ten years. The total storage capacity of these 91 reservoirs is 157.799 BCM which is about 62% of the total storage capacity of 253.388 BCM which is estimated to have been created in the country.

2. Greece yesterday, 23 July 2015 reportedly moved another step closer to receiving its third bailout package, after the country's parliament approved a second set of economic overhauls required by lenders. The legislative approval is a precondition by the Greece's international creditors for starting official negotiations on the 86-billion-euro ($94.51 billion) aid program, aimed at helping the country stave off a debt default and get back on an economic-growth track.

OPTION STRATEGY

1. In today’s session we have seen put writing in nifty 8500 put so we can consider this as a strong support.

2. RELIANCE 1020/1000 calls were so active, we have seen good rally in stock more upside is expected as remain above 1020, we may see 1100/1120 level in coming days. 

3. AXIS BANK 590/600 calls were so active, more buy side is expected, major resistance for the stock will be 611 once close above this level we may see 630/640 level. 

STOCKS TO WATCH

TATAMOTORS:  
Buy TATAMOTORS above 395 stock may show some good rally we may see 410/420 level in coming days.

CEAT
Buy CEAT above 760 stock may show 790/800 level, remain below 760 more down side is expected.

ACC: 
Sell ACC below 1460 we may see 1420/1390 level as remain below 1460 levels.
TOP PICKS OF THE DAY

BUY RELIANCS ABOVE….? TGT…..?STOP LOSS……?
BUY ICICI BANK ABOVE…..?...TARGET….?..STOPLOSS…?
SELL VOLTAS BELOW….? STOCK MAY SHOW 290/280 LEVEL IN COMING DAYS WITH STOP LOSS…?

Thursday 23 July 2015

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CapitalStars : INDIAN BENCHMARKS

CapitalStars: Indian Benchmarks Updates

INDIAN BENCHMARKS  are likely to open on a flat to positive note as the global cues look mixed with SGX Nifty trading 2 points higher.                                      
                                                          
Headlines for the day: CapitalStars
Star Ferro and Cement Q1FY2016 earnings grow by 70.7% YoY
Bharti Infratel Q1FY16 earnings In line performance; appoints Citi for ADR listing
Ceat Ltd Q1FY16 results: Fall in raw material cost drives profitability                                                                           

Trend in FII flows: The FIIs were net  buyers of Rs  450.32 Cr in the cash segment on Wednesday while the DIIs were net sellers of Rs   -351.77 Cr, as per the provisional figures released by the NSE.

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market CapitalStars specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX.

Thursday 9 July 2015

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Nifty And Bank Nifty News Updates

Nifty levels:  

Nifty spot close @8522
Nifty future close @8537

Today’s view on Nifty

Good recovery from lower level keep buying on dips, as nifty closed above its resistance level, so good buying opportunity we may see 8600-8650 levels.    

Bank Nifty levels:

Bank nifty spot close @18825
Bank nifty future close @18868

View on Banknifty

Buy as remain above 18400, consolidation seen from upper level, so be cautious we may see profit booking. No sell keep buy on dips.


MARKET COMMENTERY

Banking, cement, pharma stocks and index heavyweights HDFC, ITC, Reliance Industries (RIL) and L&T led a strong intraday rebound on the domestic bourses. After staging a strong intraday rebound in afternoon trade, key benchmark indices surged in late trade as European stocks and US index futures trimmed intraday losses. However, by the time India's stock markets had closed at 15:30 IST, European stocks had weakened once gain. Asian and European stocks edged lower today, 6 July 2015, after Greek voters overwhelmingly rejected reform measures put forward by the country's international creditors in a referendum held yesterday, 5 July 2015, a result seen as increasing the chances of Greece exiting the shared currency. The strong intraday rebound for key benchmark indices in India materialised as global crude oil prices slumped. The decline in crude oil prices augur well for India.

STOCK BUZZ

1. Kotak Mahindra Bank rose 1.33%. As per reports, the Foreign Investment Promotion Board (FIPB) on Friday, 3 July 2015 cleared the bank's proposal to raise foreign investment limit to 55% from 49%. Kotak Mahindra Bank had approached FIPB after the Reserve Bank of India barred overseas investments in the bank as foreign shareholding hit the permissible threshold following the merger of ING Vysya Bank with Kotak Mahindra Bank.

2. Index heavyweight and engineering and construction major L&T advanced 0.68% to Rs 1,820. The stock hit high of Rs 1,822 and low of Rs 1,766.60.

HOT PURSUIT

1. Meanwhile, the monsoon has entered a weak phase if the data released by the India Meteorological Department (IMD) is any indication. For the country as a whole, cumulative rainfall during this year's monsoon season was near normal until 5 July 2015. This is a far cry when compared to a reading 24% above the Long Period Average (LPA) for the South West monsoon until 24 June 2015. Region wise, the southwest monsoon was 5% above the Long Period Average (LPA) in Northwest India, 2% above the LPA in Central India, 2% above the LPA in South Peninsula and 4% below the LPA in East & Northeast India until 5 July 2015.

2. The IMD said in its daily monsoon update issued yesterday, 5 July 2015, that the Southwest Monsoon was active over Arunachal Pradesh and Sub-Himalayan West Bengal & Sikkim and Normal over Assam & Meghalaya, Gangetic West Bengal, Jharkhand, Bihar and Coastal Karnataka during past 24 hours until 8:30 IST.

OPTION STRATEGY

1. In today’s session we have seen call buying in nifty 8600 call so we can consider this as a strong resistance.

2. KOTAK BANL 1500 & 1520 CALLS were so active, stock is really in bullish move more rally is expected up to 1460. 

3. AMBUJA 240 calls were in action today, stock showed us gain from lower level, more buying above 230. 

STOCKS TO WATCH

ZEEL: 

Buy ZEEL above 369 stocks may show 378-382 in coming days, Below 369 major support will be 359.

TATASTEEL: 

Sell TATASTEEL as remain below 300 we may see some new lows. Buy only above 300.

ACC: 

Buy ACC as remain above 1480 stock may show 1530/1550 level in coming days, below 1480 major support 1450.

TOP PICKS OF THE DAY

1. BUY ONGC ABOVE….? TGT…..?STOP LOSS……?
2. BUY GAIL ABOVE…..?...TARGET….?..STOPLOSS…?
3. SELL AMBUJA BELOW….? STOCK MAY SHOW 210/200 LEVEL IN COMING DAYS WITH STOP LOSS…?

Monday 6 July 2015

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Nifty News For Today 06- June- 2015

Nifty levels:  

Nifty spot close @8485
Nifty future close @8495

Today’s view on Nifty

Good recovery from lower level keep buying on dips, we may see 8500 as a resistance level and 8370 as a support level for nifty.    

Bank Nifty levels:  
Bank nifty spot close @18529
Bank nifty future close @18750

View on Banknifty  

Buy as remain above 18400, consolidation seen from upper level, so be cautious we may see profit booking. No sell keep buy on dips.

MARKET COMMENTERY

Banking stocks and index heavyweight HDFC led gains for key benchmark indices on the last trading session of the week today, 3 July 2015. The barometer index, the S&P BSE Sensex, regained the psychological 28,000 level. A small decline had pushed the Sensex below the psychological 28,000 level yesterday, 2 July 2015. The market breadth indicating the overall health of the market was positive. The Sensex provisionally rose 145.33 points or 0.52% to 28,091.13. Metal shares declined.

STOCK BUZZ

1. Most PSU banks stocks edged higher. Union Bank of India (up 4.67%), Central Bank of India (up 2.36%), Vijaya Bank (up 1.22%), Bank of India (up 0.95%), Syndicate Bank (up 0.85%), Canara Bank (up 0.67%), United Bank of India (up 0.62%), Bank of Baroda (up 0.60%), State Bank of India (up 0.50%), Punjab National Bank (up 0.32%), Allahabad Bank (up 0.28%), IDBI Bank (up 0.16%) and Indian Bank (up 0.04%), edged higher. UCO Bank (down 0.28%), Corporation Bank (down 0.39%), Punjab and Sind Bank (down 0.47%), Andhra Bank (down 0.72%) and Bank of Maharashtra (down 2.07%) edged lower.

2. Metal shares declined. Steel Authority of India (down 2.32%), Vedanta (down 2.01%), JSW Steel (down 1.97%), Bhushan Steel (down 1.83%), Hindustan Zinc (down 1.46%), Tata Steel (down 1.12%), Hindustan Copper (down 0.71%), Hindalco Industries (down 0.45%) and National Aluminum Company (down 0.13%) edged lower. NMDC was up 0.17%.

HOT PURSUIT

1. Meanwhile, the Reserve Bank of India (RBI) Governor Dr. Raghuram G. Rajan yesterday, 2 July 2015, said that the Indian economy was recovering and there were signs of capital investments picking up. Rajan said that the government was trying to put stalled projects back on track. He said that the monsoon, thus far, was above normal. Exports were relatively weak and the weakness was on account of global factors. The RBI governor said that the RBI will continue to do spade work for sustainable growth in the coming year. The RBI governor was speaking to the media after the conclusion of a meeting of the Central Board of Reserve Bank of India in Chennai.

2. The IMD expects rainfall to be above normal over northwest, central and over some parts of east India during the period from 6 to 10 July 2015. Rainfall activity may remain above normal over west India during 11-15 July 2015 and over northern plains during 16-20 July 2015, as per IMD's Extended Range Forecast. The IMD has forecast below normal rainfall activity over interior Peninsular India.

OPTION STRATEGY

1. In today’s session we have seen call writing in nifty 8500 call so we can consider this as a strong resistance.
2. RELIANCE 1020 & 1050 CALLS were so active, stock is really in bullish move more rally is expected up to 1050. 
3. AMBUJA 240 calls were in action today, stock showed us gain from lower level, more buying above 230. 

STOCKS TO WATCH

TITAN:  
Buy TITAN above 360 stocks may show 375-380 in coming days, Below 360 major support will be 353.
TATASTEEL:
Sell TATASTEEL as remain below 300 we may see some new lows. Buy only above 300.
SBIN: 
Buy SBIN as remain above 263 stock may show 280/290 level in coming days, below 263 major support 254.

TOP PICKS OF THE DAY
1. BUY ONGC ABOVE….? TGT…..?STOP LOSS……?
2. BUY GAIL ABOVE…..?...TARGET….?..STOPLOSS…?
3. SELL AMBUJA BELOW….? STOCK MAY SHOW 210/200 LEVEL IN COMING DAYS WITH STOP LOSS…?

Tuesday 30 June 2015

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Nifty and Bank Nifty Summary For Today

Nifty levels:

Nifty spot close @8318
Nifty future close @8328

Today’s view on Nifty

Due to the global weakness nifty opens gap down, but good recovery from lower level. Buy on every dip that will be a good strategy 8400-8450 will be a immediate targets.  

Bank Nifty levels:  
Bank nifty spot close @18268
Bank nifty future close @18240

View on Banknifty

Good recovery from lower level buys above 18200 for the target of 18600-18800.

lMARKET COMMENTERY

Banking stocks and index heavyweights ITC, HDFC, L&T and Reliance Industries (RIL) led a strong intraday rebound for key benchmark indices today, 29 June 2015. Recovery on the domestic bourses began in early afternoon trade. Earlier during the trading session, equity benchmark indices in India had slumped as the collapse of Greek rescue talks roiled global markets. The strong intraday recovery on the domestic bourses materialised as global crude oil prices fell. The barometer index, the S&P BSE Sensex, was provisionally off 127.97 points or 0.46% to 27683.87. The broad market depicted weakness. There were more than two losers against every gainer on BSE. The BSE Mid-Cap index was off 1.37%. The BSE Small-Cap index was off 1.49%. The decline in both these indices was higher than the Sensex's decline in percentage terms.

STOCK BUZZ
Tech Mahindra fell 7.45% to Rs 483. In its business update, the company announced during trading hours today, 29 June 2015, that the company's Q1 June 2015 results have some headwinds and tailwinds which could see a risk of marginal decline in both revenue and EBITDA (earnings before interest, taxation, depreciation and amortization) margin of the company on sequential basis. Tech Mahindra said that a seasonally weak mobility business will be a drag on Q1 revenues and EBITDA of the company. H1 B visa costs will be another drag on margins, the company said. On the other hand, favourable currency movements could help both revenue and margins, the company said.

Index heavyweight and IT major Infosys fell 1.42% at Rs 991.85. The stock hit a high of Rs 999 and a low of Rs 980 in intraday trade. The company during trading hours today, 29 June 2015, announced the launch of Finacle SME Enable to help banks enhance support and service for their small and media enterprise (SME) customers. The first-of-its-kind, mobile-based financial and business management solution is exclusively designed to help SMEs not only experience banking services on the move, but also manage their business operations efficiently, Infosys said in a statement.

HOT PURSUIT


1. Meanwhile, the Reserve Bank of India (RBI) yesterday, 28 June 2015, clarified that RBI Governor Dr. Raghuram G. Rajan had not suggested at a London Business School conference on 25 June 2015 that the world risked sliding into another Great Depression as reported by sections of the media. The RBI clarified that what Rajan had said at that conference was that the policies followed by major central banks around the world were in danger of slipping into the kind of beggar-thy-neighbour strategies that were followed in the 1930s. Rajan called for new rules of the game in the international monetary system, a call that he has made before and is gaining some traction. The Great Depression was a period of great turmoil caused by many factors and not just beggar-thy-neighbor policies, according to the clarification issued by the RBI.


2. Foreign portfolio investors (FPIs) bought shares worth net Rs 328.20 crore from the secondary equity market yesterday, 25 June 2015, as per data from Central Depository Services (India). Domestic institutional investors (DIIs) sold shares worth a net Rs 8.45 crore yesterday, 25 June 2015, as per provisional data released by the stock exchanges.

OPTION STRATEGY

1. In today’s session we have seen call buying in nifty 8200 call so we can consider this as a strong support.

2. RELIANCE 1020 & 1050 CALLS were so active, stock is really in bullish move more rally is expected up to 1050.

3. ZEEL 350 calls were in action today, stock showed us gain from lower level, more buying above 340.

STOCKS TO WATCH

TITAN:  
Buy TITAN above 360 stock may show 370-380 in coming days.
ITC:
Sell ITC below 310 stock may show 300/295 in coming days. Above 310 major resistances will be 317.
SBIN: 
Buy SBIN as remain above 263 stock may show 280/290 level in coming days, below 263 major support 254.

TOP PICKS OF THE DAY

1. BUY ONGC ABOVE….? TGT…..?STOP LOSS……?
2. BUY GAIL ABOVE…..?...TARGET….?..STOPLOSS…?
3. SELL AMBUJA BELOW….? STOCK MAY SHOW 210/200 LEVEL IN COMING DAYS WITH STOP LOSS…?

Tuesday 9 June 2015

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INDIAN BENCHMARKS & Agri Commodity News Updates

INDIAN BENCHMARKS  are likely to open on a cautious note as the SGX Nifty is trading 15 points lower.                                                       
                                                                                                   
Headlines for the day:
Sun TV tanks 25% as MHA denies security clearance.
Wockhardt drops on recalling 2 drugs in US.
Bank of Baroda dips on revising retail deposit rates                                                                                                                                                                                                             
Trend in FII flows: The FIIs were net sellers of Rs  -749.12 Cr in the cash segment on Monday while the DIIs were net buyers of Rs  529.82 Cr, as per the provisional figures released by the NSE.

Agri Commodity News

CS TURMERIC   (JULY) OVERVIEW:
TREND : MIXED TO BEARISH
RESIST 2:7810
RESIST 1:7660               
SUP1:7400
SUP2:7280
STRATEGY:  SELL ON RISE

CS SOYABEAN (AUGUST) OVERVIEW:
TREND : MIXED TO BEARISH
RESIST 2:3915
RESIST 1:3835
SUP1:3695
SUP2:3635
STRATEGY: SELL ON RISE

CS CHANA  (JULY) OVERVIEW:                          
TREND:  MIXED TO BEARISH
RESIST 2:4785
RESIST 1:4735
SUP1:4640
SUP2:4600
STRATEGY: SELL ON RISE

CS DHANIYA (JULY) OVERVIEW:
TREND :  MIXED TO BEARISH
RESIST 2:13220
RESIST 1: 12810             
SUP1:12110
SUP2:11820
STRATEGY: SELL ON RISE

WWW.CAPITALSTARS.COM +917316790000

CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX. CapitalStars provide recommendations Live through SMS & Chat room services. Our SMS facility is a very effective system which ensures the instant message delivery without any loss of time, so the clients get sufficient time to execute their trades in order to fetch maximum Profits.
 For more detail call: 9977499927 or visit us www.capitalstars.com

Friday 5 June 2015

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INDIAN BENCHMARKS NEWS FOR TODAY

INDIAN BENCHMARKS  are likely to open on a subdued note as the global cues look mixed with SGX Nifty trading 37.50 points lower.

Headlines for the day:

Bajaj Finance to come up with Rs1400 crore QIP
Lupin gets USFDA approval of hypertension drug
Just Dial shelves plans to raise Rs1,000 crore, approves shares buy back

Trend in FII flows: The FIIs were net buyers of Rs  511.9 Cr in the cash segment on Thursday while the DIIs were net buyers of Rs  772.04 Cr, as per the provisional figures released by the NSE.


CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market CapitalStars specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX.


For Any Query Feel Free to Contact Us... 9977499927 or visitwww.capitalstars.com

Monday 11 May 2015

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CapitalStars Updates: Sensex, Nifty hold early gains !!!

The market is in high spirits and is holding its early gains. The Sensex is up 247.91 points or 0.9 percent at 27353.30 and the Nifty is up 68.40 points or 0.8 percent at 8259.90. About 1306 shares have advanced, 396 shares declined, and 113 shares are unchanged. Metals, auto and pharma stocks are lending major support to the indices. 

Hindalco is up 3 percent while Hero, HDFC, Tata Steel and Bajaj Auto are top gainers. HUL is down 2 percent. Oil prices held steady in Asia today after an interest rate cut by China boosted demand hopes in the world's top energy consumer, while a healthy US jobs report also provided support, analysts said. US benchmark West Texas Intermediate for June delivery eased eight cents to USD 59.31 while Brent crude for June rose two cents to USD 65.41 in late-morning trade.

 China's central bank on Sunday cut its key rates by 25 basis points- after two similar moves since November, as it looks to support the world's number two economy, which grew last year at its slowest pace since 1990. The move is the latest stimulus by the People's Bank of China, which has also twice this year reduced the amount of cash lenders must keep in reserve.

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market CapitalStars specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX.
 

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