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Showing posts with label Equity Calls. Show all posts
Showing posts with label Equity Calls. Show all posts

Monday 20 August 2018

Gold prices to trade lower today: Angel Commodities @CapitalStars - 20 Aug 2018

04:34  Clara Mellor  No comments

capitalstars

 According to Sources, on Thursday, spot gold prices declined 0.06 percent to close at $1173.6 per ounce as prices clawed back from a 19 - month low on short - covering and as the U.S.

 Sources report on Gold

 On Thursday, spot gold prices declined 0.06 per cent to close at $1173.6 per ounce as prices clawed back from a 19 - month low on short - covering and as the U.S. dollar softened following news that Beijing will hold trade talks with Washington late this month. A Chinese delegation led by Vice Minister of Commerce Wang Shouwen will meet with U.S. representatives led by Under Secretary of Treasury for International Affairs David Malpass, the Ministry of Commerce said, offering a glimmer of hope for progress in resolving a conflict that has set world markets on edge. On the MCXC, gold prices declined 1.36 per cent to close at Rs.29330 per 10 gms.

 Outlook

We expect gold prices to trade lower today continuing its weakness from the previous trading session while there are chances tensions smoothening between US and China it remains to be seen how the meeting between China and the US delegated on trade talks proceed. On the MCX, gold prices are expected to trade lower today, international markets are trading higher by 0.12 per cent at $1185 per ounce


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Sunday 5 August 2018

OPENING BELL @CAPITALSTARS - 6 AUG 2018

21:32  Clara Mellor  No comments


capitalstars


 CS OPENING BELL:

 NIFTY SPOT UP 61@11422
SENSEX SPOT UP 237 @37793
BANK NIFTY FUTURES SPOT UP 208@ 27984

HAPPY TRADING!
WWW.CAPITALSTARS.COM  
+917440449744

 CS NIFTY FUTURES (JUNE ) OVERVIEW

 TREND BEARISH
RES2: 11500
RES 1:11440
SUP1:11260
SUP2:10910

 WWW.CAPITALSTARS.COM +917440449744
CS BANK NIFTY FUTURES (JUNE ) OVERVIEW

 TREND BULLISH 
RES 2: 28100
RES 1: 27880
SUP1: 27400
SUP2: 27200

 WWW.CAPITALSTARS.COM +917440449744

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Tuesday 10 July 2018

Gammon Infra locked at 5% lower circuit on termination of concession pact with APRDC - 11 July 2018

22:40  Clara Mellor  No comments
CAPITALSTARS

 The project is operational since November, 2015 and has contributed Rs 57.89 crore to the consolidated revenue of the company for financial year 2017-18.

 Shares of Gammon Infrastructure Projects has locked at 5 percent lower circuit on termination of contract with APRDC.

 The company's unlisted subsidiary Rajahmundry Godavari Bridge has terminated the concession agreement with (APRDC) Andhra Pradesh Road Development Corporation for project of bridge across Godavari river.

 "It has served a notice of termination of the concession agreement in respect of its project for design, construction, finance, operation and maintenance of a 4.15 kms long four-lane major bridge across river Godavari along with 10.34 kms of total approach roads on either side of the bridge in the state of Andhra Pradesh on BOT basis on account of several breaches of the said concession agreement by APRDC, company said in release.

 The project is operational since November, 2015 and has contributed Rs 57.89 crore to the consolidated revenue of the company for financial year 2017-18.

 Consequent to serving of the termination notice, the termination payments aggregating to Rs 1123.37 crore has become due and payable by APRDC within 15 days of the termination notice.

 Union Bank of India, one of the lenders for the project has, on July 9, 2018 initiated and served corporate insolvency resolution process against RGBL before the Hon'ble National Company Law Tribunal, Mumbai Bench (NCLT).

 RGBL has represented to Union Bank of India to reconsider moving the proceedings before NCLT and explore better options in the interest of the project, lenders and all stakeholders.

 At 10:30 hrs Gammon Infrastructure Projects was quoting at Rs 1.42, down Rs 0.07, or 4.70 percent on the BSE.

 There were pending sell orders of 436,086 shares, with no buyers available.

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