COMMODITY SAMACHAR SECURITIES PVT. LTD.

October 29, 2024

📊29 OCT 2024

ACTION FOR THE DAY🧐

📈GIFT NIFTY INDICATES NIFTY TO OPEN POSITIVE 40 POINTS GAP UP🟢

INDEX SUPPORT & RESISTANCE LEVELS

✅ NIFTY
S1- 24317.60, S2- 24267.50, S3- 24229.05
R1- 24406.15, R2 – 24444.60, R3- 24494.70

✅ BANK NIFTY
S1- 51206.61, S2- 51085.08, S3- 51011.51
R1- 51401.71, R2 – 51475.28, R3- 51596.81

🎯 NO TOP STOCKS FOR THE DAY 🎯

📌 RESULTS SESSION Q2

SARLA PERFORMANCE Q2 Result

NET PROFIT UP 195 % AT 19.23 CR (YOY), UP 15 % (QOQ)

REVENUE UP 19 % AT 113.9 CR (YOY) ,UP 3 % (QOQ)

EBITDA UP 65 % AT 22.12 CR (YOY),UP 14 %(QOQ)

MARGINS AT 19.4 % V 13.95 % (YOY), 17.55 % (QOQ)

AARTI PHARMALABS Q2 Result

NET PROFIT 546M RUPEES VS 518M (YOY); 554M (QOQ)

REVENUE 4.6B RUPEES VS 4.4B (YOY)

EBITDA 937M RUPEES VS 880M (YOY)

EBITDA MARGIN 20.45% VS 20.01% (YOY)

JSW INFRA Q2 Result

NET PROFIT UP 40% AT 373.7CR (YOY), UP 26% (QOQ)

REVENUE UP 18% AT 1001CR (YOY) , DOWN 1% (QOQ)

EBITDA UP 48% AT 675.6CR (YOY), UP 33%(QOQ)

MARGINS 67.47% V 53.83% (YOY), 50.14% (QOQ)

BHAGERIA INDUSTRIES Q2 Result

NET PROFIT UP 138 % AT 6.54 CR (YOY), UP 10 % (QOQ)

REVENUE UP 26 % AT 129.1 CR (YOY) ,UP 15 % (QOQ)

EBITDA UP 62 % AT 13.56 CR (YOY),UP 17 %(QOQ)

MARGINS AT 10.5 % V 8 15 % (YOY), 10.2% (QOQ)

GANDHI SPECIAL TUBES Q2 Result

NET PROFIT UP 30 % AT 17.24 CR (YOY), UP 20 % (QOQ)

REVENUE UP 11% AT 48.6 CR (YOY) ,UP 19 % (QOQ)

EBITDA UP 26 % AT 19.81 CR (YOY),UP 26 %(QOQ)

MARGINS AT 40.76 % V 35.73 % (YOY), 38.65 % (QOQ)

IRIS BUSINESS SERVICES Q2 Result

NET PROFIT 38M RUPEES VS 13M (YOY); 28M (QOQ)

REVENUE 308M RUPEES VS 240M (YOY)

EBITDA 50M RUPEES VS 29M (YOY)

EBITDA MARGIN 16.32% VS 11.92% (YOY)

Spandana Sphoorty Q2 Results

Net loss at ₹204 cr vs profit of ₹116.3 cr (YoY)

NII up 21% at ₹395.7 cr vs ₹361.4 cr (YoY)

Gross NPA ratio at 4.86% vs 2.6% (QoQ)

Net NPA ratio at 0.99% vs 0.53% (QoQ)

SIS Q2 Result

NET PROFIT DOWN 9 % AT 68.8 CR (YOY), UP 7% (QOQ)

REVENUE UP 6% AT 3268 CR (YOY) ,UP 4 % (QOQ)

EBITDA UP 1 % AT 145 CR (YOY),UP 5 %(QOQ)

MARGINS AT 4.43 % V 4.68 % (YOY), 4.4 % (QOQ)

NOCIL Q2 Result

NET PROFIT UP 55 % AT 42.1 CR (YOY),UP 56 % (QOQ)

REVENUE UP 3 % AT 362 CR (YOY) ,DOWN 3 % (QOQ)

EBITDA DOWN 17 % AT 37.88 CR (YOY),DOWN 8 %(QOQ)

MARGINS AT 10.44 % V 13.03 % (YOY), 11.03 % (QOQ)

LG BALAKRISHNAN Q2 Result

NET PROFIT UP 3 % AT 77.53 CR (YOY),UP 19 % (QOQ)

REVENUE UP 10 % AT 77 53 CR (YOY) ,UP 16 % (QOQ)

EBITDA UP 6 % AT 110.18 CR (YOY),UP 23 %(QOQ)

MARGINS AT 16.67 % V 17.36 % (YOY), 15.67 % (QOQ)

SKIPPER Q2 Result

NET PROFIT 329M RUPEES VS 198M (YOY); 324M (QOQ)

REVENUE 11.1B RUPEES VS 7.7B (YOY)

EBITDA 1.1B RUPEES VS 736M (YOY)

EBITDA MARGIN 10.13% VS 9.54% (YOY)

GILLETTE INDIA Q2 RESULT

NET PROFIT UP 36% AT 44.24CR (YOY), UP 13% (QOQ)

REVENUE UP 17% AT 781.8CR (YOY) ,UP 21% (QOQ)

EBITDA UP 38% AT 190.5CR (YOY), UP 9%(QOQ)

MARGINS 24.36% V 20.63% (YOY), 27.2% (QOQ)

DALMIA BHARAT Q2 Result

NET PROFIT UP 21 % AT 66 CR (YOY), UP 21 % (QOQ)

REVENUE UP 27 % AT 926 CR (YOY) ,DOWN 4 % (QOQ)

EBITDA DOWN 17 % AT 65.6 CR (YOY),DOWN 41 %(QOQ)

MARGINS AT 7.08 % V 10.82 % (YOY), 11.62 % (QOQ)

MACHINO PLASTICS Q2 Result

NET PROFIT UP 264% AT 2.11CR (YOY), UP 52% (QOQ)

REVENUE UP 11% AT 92.03CR (YOY) , DOWN 3% (QOQ)

EBITDA UP 43% AT 7.95CR (YOY), UP 15%(QOQ)

MARGINS 8.63% V 6.69% (YOY), 7.3% (QOQ)

PNB Q2 Result

Net Profit At ₹4,303.5 Cr Vs ₹1,756 Cr (YoY)

NII up 6% At ₹10,517 Cr Vs ₹9,923 Cr (YoY)

Gross NPA At 4.48% Vs 4.98% (QoQ)

Net NPA At 0.46% Vs 0.60% (QoQ)

PARAS DEFENCE Q2 Result

NET PROFIT AT 14 CR VS 9.4 CR (YOY). Q1 14 CR

REVENUE AT 87 CR VS 63 CR (YOY). Q1 84 CR

EBITDA AT 22.7 CR VS15.44 CR (YOY). Q1 24 CR

MARGINS AT 26.1 % VS 25.3 % (YOY), Q1 29%

JBM AUTO Q2 Result

NET PROFIT AT 49.5 CR VS 44 Cr (YOY)

REVENUE AT 1285 CR VS 1231 CR (YOY)

EBITDA AT 165 CR VS 179 CR YOY (YOY)

MARGINS AT 12.8 % VS 1.6 % (YOY)

PARADEEP PHOSPHATES Q2 Result

NET PROFIT UP 154 % AT 227 CR (YOY), UO 3486% (QOQ)

REVENUE UP 4 % AT 3843 CR (YOY) ,UP 62 % (QOQ)

EBITDA UP 66 % AT 425 CR (YOY),UP 189 %(QOQ)

MARGINS AT 11.07 % V 6.95% (YOY),6.18 % (QOQ)

GENESYS INTERNATIONAL Q2 Result

NET PROFIT OF 11.33 CR V 1.87 CR LOSS(YOY),UP 110 % (QOQ)

REVENUE UP 282 % AT 72 CR (YOY) ,UP 44 % (QOQ)

EBITDA UP 282 % AT 29.39 CR (YOY),UP 44 %(QOQ)

MARGINS AT 40.8 % V 23.2 % (YOY), 36.9 % (QOQ)

KFIN Q2 Result

NET PROFIT UP 31 % AT 89.3 CR (QOQ) , UP 46 % (YOY)

REVENUE UP 18 % AT 280 CR (QOQ) , UP 34 % (YOY)

EBITDA UP 27 % AT 126.4 CR (QOQ) , UP 35 % (YOY)

MARGINS AT 45.1 % V 41.92 % (QOQ) , 44.8 % (YOY)

🙏With Regards,

Commodity Samachar Securities Pvt. Ltd.
📲 WhatsApp 7410799956
🌎www.commoditysamachar.com
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Forex Focus: Oil Prices Dip Amid Easing Geopolitical Tension

October 28, 2024

The Forex newsletter for the day is here. DXY , XAUUSD , XAGUSD , COPPER , USOIL , NASDAQ , S&P 500 E-Mini , USDCHF….

DXY

( Friday given buy above 103.750 all target done)

Buy on around 103.900
Stop loss below 103.600
Target 104.200—104.500

XAUUSD

Buy around 2732
Stop loss below 2722
Target 2742-2752

XAGUSD

Buy around 33.40
Stop loss below 33.07
Target 33.70–34.00

USOIL

( Friday given Sell around 70.90 all target done)

Sell on rise around 68.00
Stop loss above 68.90
Target 67.10—66.20

COPPER (HG1)

Buy around 4.3700
Stop loss below 4.3450
Target 4.3900–4.4150

NASDAQ

Buy above 20670
Stop loss below 20590
Target 20750–20850

S&P 500 E-Mini

Buy above 5885
Stop loss below 5870
Target 5900–5915

Top Pick ( Friday given NZDUSD sell around 0.60000 first target almost done)

NZDUSD

Sell on rise around 0.59900
Stop loss above 0.60350
Target 0.59650—0.59350

Forex Newsletter – Oil prices dropped over $3 a barrel following Israel’s recent limited retaliatory strikes on Iran, which avoided targeting oil infrastructure. Brent crude fell to $72.70, while West Texas Intermediate dropped to $68.51. The reduced risk premium reflects hopes for de-escalation in the region. OPEC+ plans to maintain current output levels until their December meeting, with some speculation about potential changes to output targets in the future.

Happy Trading!

Commodity Samachar Securities
We Decode the Language of the Markets

Also Read: Big Week: Japan Elections, BOJ Rates, UK Budget, US Economic Data , Mideast Jitters: Major Crude Oil Swings on the Horizon

Want Help On Your Trades ?

Chat with RM

Big Week: Japan Elections, BOJ Rates, UK Budget, US Economic Data

October 28, 2024

This week brings significant event risks, highlighted by Japan’s election aftermath, the Bank of Japan policy meeting, the U.S. October jobs report, and the UK budget, all in the lead-up to the Nov. 5 U.S. election.

Important Data and Events for this week – Japan Elections, BOJ Rates and more

Japan

The BOJ monetary policy board meets on Wednesday-Thursday and is widely expected to hold its policy rate at 0.25% as Governor Kazuo Ueda continues to signal a patient approach to further tightening.

Japan has a busy week for data, with unemployment, consumer confidence, industrial production and retail sales adding insights on the economy.

The U.S. Federal Reserve enters the blackout period ahead of its Nov 6-7 policy meeting, but investors will have plenty of data to sift through.

The highlights include consumer confidence, ADP jobs on Wednesday (foreseen at 101k from previous 143k), and advance Q3 GDP on the same time (forecast 3% almost unchanged).

On Thursday, the September PCE price index will be in focus with a forecast of 0.3% slightly up from previous 0.1%, while Weekly jobless claims is expected to attract attention with a forecast of 231k from the previous 227k.

Further, JOLTS job openings, ISM manufacturing PMI, final S&P Global manufacturing PMI, followed by the often volatile monthly jobs data on Friday.

U.S. payrolls release among the most pertinent on Friday. The forecast is 111k increase in non-farm payrolls compared to 254k and steady unemployment rate of 4.1% in October, which could be the decisive for the US dollar.

The UK faces a potentially pivotal week for markets, with the first budget from the new Labour government on Wednesday likely to be key for yields, investors and sterling. There is no first-tier UK data due.

Eurozone

German CPI data on Wednesday is expected to draw attention from Euro traders, with a forecasted 0.2% rise from the previous flat 0%, potentially pressuring the currency. The Eurozone calendar also includes the core CPI flash estimate on Thursday, anticipated at 2.6%, down from 2.7%, which could weigh on the Euro.

China

China’s official October PMIs are due on Thursday. The data is foreseen at 50 from the previous 49.80 and the Caixin manufacturing PMI on Friday, with a forecast of 49.7 from the previous 49.30.

Markets will also be on watch for any hints of fiscal stimulus plans ahead of the Nov 4-8 meeting of China’s top legislative body.

Australia’s main release is September and Q3 CPI data on Wednesday, which will reveal whether inflation pressures are finally abating. Retail sales, housing finance and PPI data are also due. New Zealand has Q3 employment and the ANZ business survey.

In Canada, August GDP data and the October S&P Global manufacturing PMI are due, while Bank of Canada Governor Tiff Macklem participates in a fireside chat.

Happy Trading!

Commodity Samachar Securities
We Decode the Language of the Markets

Also Read: Mideast Jitters: Major Crude Oil Swings on the Horizon , The BRICS Summit’s Exciting Revelation: Hinting at New BRICS currency and Financial Infrastructure?

Want Help On Your Trades ?

Chat with RM

Mideast Jitters: Major Crude Oil Swings on the Horizon

October 28, 2024

Crude oil prices rose over 2% on Friday, recovered from a two-day dip and positioning for a weekly gain as investors monitor Middle East developments.

With potential negotiations between Israel and Hamas on the Gaza conflict, traders remain alert to any possible Israeli actions against Iran. Market focus is also on potential OPEC+ output adjustments and the nearing U.S. election.

Middle Eastern tensions, combined with concerns of a potential supply surplus from increased non-OPEC+ production, have driven sharp oil price fluctuations this month.

Prices fell more than $3 a barrel in early Asian trade today, following an Israeli retaliatory strike in Iran over the weekend that avoided key energy sites, reducing immediate geopolitical risks. Both Brent and WTI futures opened at their lowest since October 1, with Brent at $72.88 and WTI at $68.65, each down over 4%.

Oil benchmarks gained 4% last week amid heightened volatility as markets factored in the potential extent of Israel’s response to an October 1 missile strike, along with the upcoming U.S. election. The geopolitical premium on oil prices, which had built up in anticipation of Israeli retaliation, eased, according to analysts.

This week, crude oil prices are likely to remain volatile due to ongoing Middle East tensions, with added fluctuations expected from the U.S. election, UK budget announcement, and U.S. jobs data.

Technical Outlook – Crude oil Futures

Crude oil prices recovered over 3% last week, rebounding from a low of 5831 to settle at 6040, up from the previous 5855 close.

Since October 18, prices have held above key support at 5755, consolidating just below resistance at 6080. Prices are expected to stay within this range, with a slight upward bias.

A dip toward 5890-5900 could offer a short-term swing opportunity targeting 6000-6080. Downside support is at 5755; a break below may lead to new multi-week lows at 5655-5590.

Happy Trading!

Commodity Samachar Securities
We Decode the Language of the Markets

Also Read: COMMODITY SAMACHAR SECURITIES PVT. LTD. , The BRICS Summit’s Exciting Revelation: Hinting at New BRICS currency and Financial Infrastructure?

Want Help On Your Trades ?

Chat with RM

COMMODITY SAMACHAR SECURITIES PVT. LTD.

October 28, 2024

📊28 OCT 2024

ACTION FOR THE DAY🧐

📈GIFT NIFTY INDICATES NIFTY TO OPEN POSITIVE 42 POINTS GAP UP🟢

INDEX SUPPORT & RESISTANCE LEVELS

✅ NIFTY
S1- 24151.79, S2- 24091.77, S3- 24054.99
R1- 24248.59, R2 – 24285.37, R3- 24345.39

✅ BANK NIFTY
S1- 24345.39, S2- 50598.22, S3- 50516.99
R1- 50935.99, R2 – 51017.22, R3- 51145.49

🎯 NO TOP STOCKS FOR THE DAY 🎯

📌 RESULTS SESSION Q2

BPCL Q2 Result

Net profit down 20.5% at ₹2,397 cr vs ₹3,015 cr (QoQ)

Revenue down 9.1 % at ₹1.03 cr vs ₹1.13 lk cr (QoQ)

EBITDA down 19.5 % at ₹4,547 cr vs ₹5,650 cr (QoQ)

EBITDA Margin at 4.4% vs 5% (QoQ)

LLOYD ENTERPRISES Q2 Result

NET PROFIT AT 22 CR V 28 CR YOY

REVENUE AT 386 CR V 146CR YOY

EBITDA AT 29 CR V 25 CR YOY

MARGINS AT A 7.6 % v 16.4%YOY

INTERGLOBE AVIATION Q2 Result

NET LOSS AT 986 CR V 188 CR PROFIT (YOY), 2728 CR PROFIT (QOQ)

REVENUE UP14 % AT 16,969 CR (YOY) ,DOWN 13 % (QOQ)

EBITDA DOWN 26 % AT 1630 CR (YOY),DOWN 68 %(QOQ)

MARGINS AT 9.6 % V 14.72 % (YOY),26.27 % (QOQ)

BANK OF BARODA Q2 Result

NET PROFIT UP 23% TO 5237 CR YOY, UP 17 % QOQ

NII UP 7% TO 11,622 CR YOY, FLAT QOQ

PROVISON UP 131 % TO 2335 CR QOQ

NET GROSS NPA AT 2.5 % V 2.88 % QOQ

NET NPA AT 0.60 % V 0.69 % QOQ

BANDHAN BANK Q2 Result

NET PROFIT UP 30 % TO 937 CR YOY , DOWN 12 % QOQ

NII DOWN 5 % TO 2331 CR YOY, DOWN 22 % QOQ

PROVISON UP 16 % TO 606 CR QOQ

GROSS NET NPA AT 4.68 % V 4.23 % QOQ

NET NPA AT 1.29 % V 1.15 % QOQ

NET NPA UP 16 % TO 1620 CR QOQ

ICRA Q2 Result

NET PROFIT UP 3 % AT 36.71 CR (QOQ) , UP 16 % (YOY)

REVENUE UP 10 % AT 126 CR (QOQ) , UP 20 % (YOY)

EBITDA UP 17 % AT 41.26 CR (QOQ) , UP 21 % (YOY)

EBITDA MARGINS AT 32.7 % V 32.4 % (QOQ) , 30.7 % (YOY)

Arvind Smartspaces Q2 Result

Net Profit At ₹41 Cr Vs ₹806 Cr (YoY)

Revenue At ₹265.6 Cr Vs ₹72.7 Cr (YoY)

EBITDA up 95.6% At ₹66.1 Cr Vs ₹33.8 Cr (YoY)

EBITDA Margin At 24.9% Vs 46.5% (YoY)

CHOLAMANDALAM INVESTMENT AND FINANCE CO Q2 Result

NET PROFIT 9.6B RUPEES VS 7.6B (YOY); EST 9.67B

REVENUE 62.3B RUPEES VS 44.3B (YOY)11293K

AEGIS LOGISTICS Q2 Result

NET PROFIT DOWN 2 % AT 125 CR (YOY), DOWN 5 % (QOQ)

REVENUE UP 42 % AT 1750 CR (YOY) ,UP 9 % (QOQ)

EBITDA UP 8 % AT 224 CR (YOY),DOWN 3 %(QOQ)

MARGINS AT 12.8 % V 16.8 % (YOY), 14.5 % (QOQ)

🙏With Regards,

The BRICS Summit’s Exciting Revelation: Hinting at New BRICS currency and Financial Infrastructure?

October 25, 2024

This famous quote by David Hawkins seems to resonate with the situation that we can see at the BRICS summit these past 3 days.

” We change the world not by what we say or do but as a consequence of what we have become”

As a consequence of Global domination by Western forces, the BRICS nations have come together to form an ecosystem for themselves and the most interesting piece of news has come in today.

The BRICS is unveiling the concept for its currency. Many analysts, economists and investor have argued about the BRICS currency and if it will come to fruition.

Well, on the third day of the summit something truly interesting has unfolded.

Let’s dive into this blog to understand if this is a path breaking concept in the world of currencies or is it something more.

BRICS unveils Symboli Banknote:

It’s no surprise that every BRICS summit to date has some or the other surprise waiting around the corner. The last summit left us in a year when power oil producing countries from the Middle east joined the BRICS. Now the announcement from Kazan leads the way to something more interesting.

At the summit in Kazan, a symbolic banknote featuring the flags of member nations was unveiled and this sparked discussion on creating alternatives to the US dollar and fostering a more independent economic system.

BRICS Moves Closer to a Gold-Backed Currency System

On Thursday, Russia’s Ministry of Finance made an official statement about a transformative step within BRICS: the creation of a metals trading mechanism within member nations. This shift, according to the Ministry, is geared towards “fair and equitable competition” grounded in transparent exchange principles, as reported by Oreanda.

Finance Minister Anton Siluanov elaborated, saying the mechanism will include new pricing instruments for metals, standard protocols for bullion production and trade, and comprehensive accreditation, clearing, and auditing within its framework. This initiative, he added, aims to make the BRICS Precious Metals Exchange a leading force in setting precious metals prices.

A Currency Pegged to Gold and More: The BRICS “Apolitical” Currency

Here’s where it gets even more interesting. Recently, Andy Schectman, President of Miles Franklin Precious Metals, gave some insight into BRICS’s currency ambitions. He highlighted that the organization is considering a currency pegged 40% to gold and 60% to a basket of BRICS national currencies. The aim is to create a stable, “apolitical” currency that doesn’t fall victim to sanctions or other geopolitical disruptions.

And it doesn’t stop there. Over the last few years, its members and other global central banks have increased their gold holdings while repatriating it from major vaults worldwide. Countries like Germany, Austria, Argentina, and the Netherlands are all securing their gold locally. This wave of repatriation points to an important shift—central banks are gearing up for a currency framework that relies on their own reserves rather than external assurances.

Schectman suggests that countries may even use their gold holdings to mint BRICS-backed tokens, a truly ground breaking possibility in the world of currency.

Putin’s Approach to “De-Dollarization” – It’s better to be Prepared!

At the Summit, President Vladimir Putin clarified that BRICS is not challenging the US dollar but is exploring alternatives. He recognized the dollar as an essential global finance tool but noted that its politicization has eroded trust. Putin emphasized that the organization’s strategy isn’t about undermining the dollar; rather, it’s about readiness. “If they block us, we’ll find alternatives,” he stated, highlighting the organization’s realistic approach.

He further goes on to say that by exploring alternative currencies for trade, BRICS seeks to mitigate the risks posed by such political measures. According to Putin, using the dollar as a weapon will accelerate the transition to new financial structures, hinting that the BRICS bloc is moving toward a “fairer economic system”

Local Currency Settlement Takes the Lead in BRICS Trade

BRICS nations have formally endorsed local currency settlements for cross-border trade. In the Kazan Declaration, they stated: “We welcome the use of local currencies in financial transactions between BRICS countries and their trading partners.” By using local currencies instead of the dollar, the organization can reduce dependency and strengthen trade ties.

India as always has been at the forefront of advocating change in the global scenario. Prime Minister Narendra Modi emphasized that this shift would strengthen economic ties among BRICS nations and provide a more resilient framework for trade. In recent times, India has already taken steps in this direction, allowing trade settlements in rupees with countries like Russia and the UAE and it continues discussions with others like Indonesia.

Final note:

While praise exists for the endorsement of local currencies by the BRICS, the road ahead is not without its own challenges. Putin has noted that the speed of transitions to a fairer economic system depends on abandoning “someone else’s rules and platforms.”

Our research team at Commodity Samachar Securities had something interesting to share about all these crucial events. It goes as follows:

“The recent Summit fuelled a rally in gold, but without any major resolutions on key financial matters, the excitement has simmered down, leading to some profit booking. BRICS countries are keeping their focus on their domestic currencies, so it looks like we’ll have to wait for the next summit to see any significant shifts.

As it stands, the overall trend in gold and silver remains positive, but in the short term, the outlook leans toward short-selling or profit-taking. Silver especially is looking volatile; if prices dip further, we could see more downside pressure in the coming weeks.”

While the symbolic BRICS banknote and discussions of a common currency may signal a desire for change, the immediate focus remains on enhancing local currency settlement and building the necessary financial infrastructure.

That’s all for today. We’ll be back with more interesting articles soon.

Until then, Happy trading!

Commodity Samachar Securities
We Decode the Language of the Markets

Also Read: Forex in Focus: Germany’s Business Morale Boost Sparks Hope , Will Ishiba’s Risky Election Bet Shake Up the Yen & BOJ?

Want Help On Your Trades ?

Chat with RM

Data	Time	Forecast	Previous
Unemployment Claims	6:00pm	243K	241K
Flash Manufacturing PMI	7:15pm	47.5	47.3
Flash Services PMI	7:15pm	55.0	55.2

LME Metal	Change
COPPER	-1925
ALUMINUM	-2500

Index	PCR	Maximum Pain
Nifty	0.87	24500
Bank Nifty	0.66	51200

Institution	Cash
FII	-2262
DII	3226

COMMODITY SAMACHAR SECURITIES PVT. LTD.

Forex Focus: Oil Prices Dip Amid Easing Geopolitical Tension

Big Week: Japan Elections, BOJ Rates, UK Budget, US Economic Data

Important Data and Events for this week – Japan Elections, BOJ Rates and more

Mideast Jitters: Major Crude Oil Swings on the Horizon

Technical Outlook – Crude oil Futures

COMMODITY SAMACHAR SECURITIES PVT. LTD.

The BRICS Summit’s Exciting Revelation: Hinting at New BRICS currency and Financial Infrastructure?

BRICS unveils Symboli Banknote:

BRICS Moves Closer to a Gold-Backed Currency System

A Currency Pegged to Gold and More: The BRICS “Apolitical” Currency

Putin’s Approach to “De-Dollarization” – It’s better to be Prepared!

Local Currency Settlement Takes the Lead in BRICS Trade

Final note:

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