The HUL top management gave a hint in July, during the conference call with investors, that the company might go for a price-cut

Shares of Hindustan Unilever (HUL) declined 2 percent on BSE on August 28 amid reports that the company cut prices of some of its soaps by as much as 30 percent in a bid to cope with weak demands amid tough competition.

In July, the largest consumer goods company in the country reduced prices of Lifebuoy, Lux and Dove soaps in order to counter weak demands and tough competition, the daily newspaper Mint reported.

On the other hand, the company increased prices of face-washes for brands such as Fair & Lovely, Ponds, Pears and Dove between 4-14 percent, Mint reported referring to an August 27 report by Kotak Institutional Equities.

Moneycontrol could not independently verify the news.

The HUL top management gave a hint in July, during the conference call with investors, that the company might go for a price-cut as it expected weak commodity prices to continue.

Shares of HUL traded at Rs 1,829.50, down Rs 32.05 or 1.72 percent on BSE around 0955 hours IST.

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Sudarshan Sukhani of s2analytics.com recommends buying Tata Consultancy Services with stop loss at Rs 2245 and target of Rs 2350 and Balkrishna Industries with stop loss at Rs 735 and target of Rs 770

The market rallied sharply and posted the biggest single-day gain in last three months on August 26, driven by a rally across sectors except for metals. The measures to boost the economy and possible trade talks between US-China lifted sentiment.

The BSE Sensex surged 792.96 points or 2.16 percent to 37,494.12 while the Nifty50 rose 228.50 points or 2.11 percent to close above psychological 11,000 levels, at 11,057.90 and formed bearish candle on daily charts.

The market breadth remained in favour of bulls as more than two shares advanced for every share declining on the NSE. The Nifty Midcap index was up 1.6 percent and Smallcap index gained 2.3 percent.

According to the pivot charts, key support level is placed at 10,852.77, followed by 10,647.73. If the index starts moving upward, key resistance levels to watch out for are 11,166.57 and 11,275.33.

Nifty Bank closed at 27,951.35, up 992.70 points on August 26. The important pivot level, which will act as crucial support for the index, is placed at 27,208.66, followed by 26,466.03. On the upside, key resistance levels are placed at 28,344.56 and 28,737.83.

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OYO Hotels and Homes on Monday held the first meeting of its Partner Advisory Council here which discussed on evolving the relationship between OYO and its asset owners

"In the first meeting of the Partner Advisory Council held in Delhi, members stressed on the need to continually evolve the relationship between OYO and its asset owners and how the council would act as a crucial forum for discussion on relevant matters and programmes for asset owner advancement," a statement from the company said.

The meeting established the broad objectives of the council, chiefly, advising OYO on working with its asset owners for both the growth of their business and for jointly realising the potential of the hospitality industry in India.

Aditya Ghosh, CEO of OYO India & South Asia said: "By identifying key areas of improvement and closing plan of actions quickly for activities such as provisioning dedicated hotel management resources, improving brand awareness for mid-market brands and investing in quality checks aggressively, a lot of progress has been made already and we will look to share updates as well as highlight areas for further improvement in our next meeting in September."

The 'Partner Advisory Council' is part of the initiative 'OYO Partner Engagement Network' (OPEN). 

Under OPEN, OYO has launched a slew of initiatives including a dedicated microsite, Co-OYO app for asset owners, 'Cash in Bank' business advances and a pan-India Partner Privilege Programme to reward and recognise top-performing hotel owners, the statement said.

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Etihad Airways, a strategic partner of Jet Airways, also backed out of the resolution process earlier this month stating “there remained very significant issues relating to Jet's liabilities

The resolution professional (RP) for Jet Airways has received a fresh expression of interest (EoI) from a “known foreign entity”, two people with knowledge of the matter told FE. The committee of creditors (CoC) for Jet Airways will meet on August 26 to consider the proposal, which came in this week. The CoC will also try to resolve the dispute over Siroya Centre, Jet’s headquarters till recently, sources said.

“A fresh EoI was received this week which looks promising. Since it came after the deadline had ended on August 10, it will be taken up for the CoC’s consideration on Monday. Of the three EoIs that were submitted before the deadline, Volcan Investments has officially withdrawn its EoI this week and Avantulo group was not provisionally shortlisted,” one of the persons mentioned above said.

Volcan Investments is the family-owned trust of Anil Agarwal, the founder and executive chairman of Vedanta Resources.

Etihad Airways, a strategic partner of Jet Airways, also backed out of the resolution process earlier this month stating “there remained very significant issues relating to Jet’s liabilities.” Before the August 10 deadline, two other parties — Panama-based Avantulo Group and a Russian entity, Treasury RA Creator — had submitted EoIs.

The CoC will also take up the settlement proposal put forth by the legal counsel for Luckystar, the owner of Siroya Centre, over the disputed premises. Luckystar had approached the tribunal last month seeking to repossess Siroya Centre, the six-storey building which was the headquarters of Jet Airways; the lease expired on June 7. The legal counsel for Luckystar has since put forth a settlement proposal, which, if agreed upon by the CoC, will lead to Jet Airways vacating the premises.

Additionally, the CoC will take up the settlement proposal put forth by HDFC regarding the dispute on keeping Godrej BKC out of Jet’s resolution proceedings. The National Company Law Tribunal (NCLT) will hear both matters on August 28.

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Lenders to DHFL may take over the troubled housing finance company as a temporary measure if the consortium fails to find new investors

Shares of Dewan Housing Finance Corporation (DHFL) fell over 8 percent intraday on August 22 amid reports that lenders of the troubled NBFC are eyeing a 51 percent stake in the company by converting a part of debt into equity.

Lenders to DHFL may take over the troubled housing finance company (HFC) as a temporary measure if the consortium fails to find new investors. However, the resolution plan would also require the approval of all regulators in order to materialize.

The scrip has been under pressure lately. On August 19, the company reported a financial repayment default worth Rs 1,571 crore regarding the issuance of bonds and commercial papers.

Reacting to the news, the stock has been trading in the red for two straight sessions.

DHFL owes Rs 80,000 crore to banks, mutual funds, insurers and pension funds. As per norms laid down by the banking regulator, lenders are required to sign an Inter-creditor Agreement (ICA) to finalize a resolution process. But the involvement of entities other than banks, in this case, has complicated the process.

Meanwhile, Wadhawan Global Capital (WGC), the parent of cash-strapped Dewan Housing Finance Corp. Ltd (DHFL), is selling its loan distribution business Andromeda Sales and Distribution Pvt. Ltd to London-based metal trading firm, Metdist Group of companies for close to Rs 150 crore, Mint reported, citing sources.

The sale of Andromeda is part of WGC’s attempts to raise capital to meet debt obligations at the group’s flagship company DHFL.

DHFL was quoting Rs 42.35, down 7.13 percent on the BSE.

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The Sensex was up 636.86 points at 37,327.36, and the Nifty was up 177 points at 11,032.50

After remained volatile in the first half on August 8, the bulls took the charge in the second half and help Nifty to close above 11,000 after media reports suggested that the government is likely to roll-back recently impose a higher tax on foreign portfolio investors (FPIs).

At close, the Sensex was up 636.86 points at 37,327.36, and the Nifty was up 177 points at 11,032.50. About 1379 shares have advanced, 1020 shares declined, and 149 shares are unchanged. 

HCL Technologies, Tata Motors, JSW Steel, Reliance Industries and M&M were among major gainers on the indices, while losers were Tata Steel, Cipla, UltraTech Cement, Indiabulls Housing and IndusInd Bank.

All the sectoral indices ended higher led by the IT, auto, bank energy, FMCG, metal, pharma and infra.

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Trends on SGX Nifty indicate a negative opening for the broader indices in India

Another weak start for the market on August 2 as benchmark indices are trading lower with Nifty below 10,950 level.

The Sensex is down 191.90 points or 0.52% at 36826.42, and the Nifty down 55.60 points or 0.51% at 10924.40. About 170 shares have advanced, 512 shares declined, and 25 shares are unchanged. 

Ashok Leyland, JSW Steel, Tata Steel, JSPL, Vodafone Idea, HDFL, Vedanta, Hindalco, Bandhan Bank, Godrej Consumer, Apollo Tyres, Hero Moto, Eicher Motors, Tata Motors, IndusInd Bank, ICICI Bank are among major losers on the indices, while gainers are Bharti Airtel, IOC, HPCL, BPCL and Infosys.

All the sectoral indices are trading in the red led by the metal, auto, infra, FMCG, energy and pharma.

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Even before Hero MotoCorp Ltd announced its June quarter (Q1 FY20) results, the stock tanked 6.1% to ₹2,258.80, close to its 52-week low on the National Stock Exchange. As expected, the results were weak, in line with the 12.5% year-on-year drop in sales volume, announced earlier this month

Margin pressures along with the 9% drop in net sales led to a steep 16% fall in Ebitda to ₹1,158 crore. Ebitda stands for earnings before interest, tax, depreciation and amortization.

Two-wheeler demand has borne the brunt of the economic slowdown and cost pressures due to regulatory changes. According to Pradesh Jain, executive vice president at Yes Securities Ltd, “Increase in cost of ownership is likely to delay demand recovery. From the time insurance was hiked for vehicles till BS-VI emission norms come into force, the cost of owning a two-wheeler will increase substantially, which is bound to hurt demand."

This is what has taken the Hero MotoCorp stock downhill. On the back of falling sales and profit margins, consensus earnings per share estimate on the Street have fallen from ₹227 for FY21 to ₹181 in the past year. So, the 30% drop in share price over the period is not surprising.

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The Sensex is up 136.02 points or 0.36% at 37822.39, and the Nifty up 44.70 points or 0.40% at 11233.90. About 394 shares have advanced, 318 shares declined, and 27 shares are unchanged.

Strides Pharma, Shalby, Zee Entertainment, Tata Motors, ICICI Bank, UPL, JSW Steel Bajaj Finserv, Bharti Airtel, Adani Ports, L&T and Eicher Motors, are some of the major gainers on the indices in the early trade, while losers are Dr Reddy's Lab, Indiabulls Housing, SPARC and Sanofi India.

Among sectors, except IT all other indices are trading marginally higher led by auto, metal, pharma, infra and FMCG.

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The breadth of the market favoured advances, with 964 stocks advancing, 626 declining and 460 remaining unchanged. On BSE, 1128 stocks advanced, 678 declined and 86 remained unchanged.

The Indian stock market continues to remain volatile this Wednesday morning with the Nifty50 down 75 points and is trading at 10,932 while the Sensex is trading lower by 171 points at 36,355.

At 9:40 hrs, the Nifty auto index is down close to 2 percent dragged by Eicher Motors, Bharat Forge, Maruti Suzuki, TVS Motor, Tata Motors and Apollo Tyres.

Infra stocks are also weak, the top losers being Bharti Infratel, Bharti Airtel, Interglobe Aviation, IRB Infra, Larsen & Toubro, Reliance Communications and Tata Communications.

From the private banking space YES Bank jumped 7 percent while on the other hand, ICICI Bank, HDFC Bank, IndusInd Bank and Axis Bank traded lower.

From the BSE smallcap space, IL&FS Engineering along with IL&FS Transport zoomed close to 20 percent followed by Emmbi Industries, Trigyn Technologies and Infibeam.

The top NSE gainers include names like YES Bank, Tech Mahindra, Tata Steel, Cipla and GAIL India.

The top NSE losers are Bharti Infratel, Eicher Motors, UltraTech Cement, Grasim Industries and Maruti Suzuki.

The most active stocks are YES Bank, Dewan Housing Finance, Bandhan Bank, IndusInd Bank and Axis Bank.

Tech Mahindra and Monnet Ispat are few of the stocks which hit new 52-week high this Wednesday morning.

On the other hand, 142 stocks have hit new 52-week low including names like 8K Miles Software, Bombay Dyeing, Eicher Motors, Future Retail, Indiabulls Real Estate, Gammon Infra, Bharti Infratel and Vakrangee among others.

The breadth of the market favoured advances, with 964 stocks advancing, 626 declining and 460 remaining unchanged. On BSE, 1128 stocks advanced, 678 declined and 86 remained unchanged.

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At the National Commodity and Derivatives Exchange, refined soya oil for delivery in November shed 75 paise, or 0.10 per cent, to Rs 748 per 10 kg with an open interest of 18,390 lots.

Refined soya oil prices softened by 0.10 per cent to Rs 748 per 10 kg in futures trade Thursday as speculators booked profits, driven by easing demand at domestic spot market.

At the National Commodity and Derivatives Exchange, refined soya oilfor delivery in November shed 75 paise, or 0.10 per cent, to Rs 748 per 10 kg with an open interest of 18,390 lots.Likewise, the oil for delivery in October weakened by 20 paise, or 0.03 per cent to Rs 746.20 per 10 kg in 35,440 lots.

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Nifty Future Trading--Traders can accumulate the stock in the range of Rs 227-231 for the target of Rs 254 and a stop loss below Rs 219, says Rupak De of Bonanza Portfolio.

Vedanta has given a symmetrical triangle breakout on the daily chart which suggests that traders have raised interest in the stock.

In addition, we observed that the breakout prices were backed by higher volume. The stock has been sustaining above 21-EMA (exponential moving average) on a closing basis for the last several days which means traders are willing to pay higher than short-term average closing price.

Traders can accumulate the stock in the range of Rs 227-231 for the target of Rs 254 and a stop loss below Rs 219.

Disclaimer: The author is a Technical Research Analyst at Bonanza Portfolio Ltd. The views and investment tips expressed by investment expert on Moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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बेस मेटल की कीमतों की कीमतों में नरमी रहने की संभावना है।

तांबा (नवम्बर) की कीमतों को 410 रुपये के नजदीक सहारा और 420 रुपये के नजदीक अड़चन रह सकती है। अमेरिका और चीन के बीच गहराते व्यापार युद्ध के कारण वैश्विक विकास के पटरी से उतरने की आशंका से लंदन में तांबे की कीमतों में कल 2.6% की गिरावट हुई है, जबकि शंघाई में कीमतें एक वर्षे के निचले स्तर पर पहुँच गयीं। लेकिन आज लंदन में तांबे की कीमतों में 0.6% की बढ़त देखी जा रही है, क्योंकि डॉलर अपने दो हफ्ते के उच्च स्तर से थोड़ा कम हुआ है। 

जिंक की कीमतों को 171 रुपये के नजदीक सहारा और 175 रुपये के स्तर पर रुकावट, निकल की कीमतों को 880 रुपये के नजदीक सहारा और 910 रुपये के स्तर पर अड़चन रह सकती है। वहीं लेड की कीमतों को 146 रुपये के नजदीक सहारा और 149 रुपये के नजदीक बाधा रह सकती है। एल्युमीनियम की कीमतों के सीमित दायरे में रहने की संभावना है और कीमतों को 145 रुपये के नजदीक सहारा रह सकता है और 150 रुपये के नजदीक बाधा रह सकती है। 

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The support for the Nifty will now come in at 11,495 and 11,320 levels while bulls will only be able to reclaim momentum if the index manages to cross 11,620-11,700 levels on closing basis.

Another weak day for Indian markets. The Nifty50 failed to hold on to 11600 levels and dipped below 11,550 levels. It breached its 5 and 13-EMA but found support near its 20-EMA on daily charts on Tuesday.

A weaker currency and rising crude oil prices are a lethal combination for India.

Rising crude oil price may spike inflation in near term, it also impacts our import bills

The Indian currency has touched a record high against dollar at 71.59, depreciating in value with no signs of recovery.

This worsening macroeconomic situation put pressure on the markets for the second day in a row.

Fall in the Midcap and Small Indices were even sharper where both fell by over 2.5 percent each.

The volatility has again risen on Tuesday breaking out from a falling trend line on weekly charts. India VIX, the volatility index, was up 2.87 percent at 13.7775. Volatility and market levels have an inverse relation.

Now, the support for the Nifty will now come in at 11,495 and 11,320 levels while bulls will only be able to reclaim momentum if the index manages to cross 11,620-11,700 levels on closing basis.

On the macroeconomic front, investors should watch out for Service and composite PMI data for the month of August which will be announced later today.

Technical View:

The Nifty formed a bearish candle on the daily charts

Three levels: 11495-11485, 11620, 11760

Max Call OI: 11800, 12000

Max Put OI: 11500, 11400

Technical Recommendations:

We spoke to Guiness Securities Ltd. and here’s what they have to recommend:

Shriram Transport Finance Corporation: SELL | Close: Rs 1297.30 | Target: Rs 1260, Rs 1230| Stop loss: Rs 1335 | Return: 5%

Mahindra CIE Automotive: BUY | Close: Rs 277.35 | Target: Rs 318 | Stop loss: Rs 258 | Return: 14%

Shreyans Industries: BUY | Close: Rs 179.30| Target: Rs 205 | Stop loss: Rs 163 | Return: 14%

Disclaimer: The views and investment tips expressed by investment expert on moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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Japan's Nikkei slid 0.3 percent and Australian shares were 0.2 percent lower.

Asian shares fell in early trade on Tuesday, amid growing concerns over escalating international trade disputes and as emergency austerity measures in Argentina highlighted turbulence in emerging markets. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.2 percent after European shares ended mostly flat, though a weak British pound helped to lift London's blue-chip FTSE almost 1 percent.

Japan's Nikkei slid 0.3 percent and Australian shares were 0.2 percent lower.

US markets were closed on Monday for Labor Day.

Growing turbulence in Argentina once again focused global attention on emerging markets. On Monday, Argentine President Mauricio Macri announced new taxes on exports and steep cuts to government spending in what he termed “emergency” measures to balance next year’s budget.

The Argentine peso closed 3.14 percent weaker on Monday and is expected to face further pressure in coming days.

Turkey’s central bank signaled on Monday it would take steps to combat “significant risks” to price stability, comments seen as hinting at interest rate hikes.

The lira, which has lost 40 percent of its value against the US dollar this year, was 0.3 percent weaker at 6.6400 to the dollar.

Underscoring global uncertainty, manufacturing surveys released on Monday showed mounting stress on factories across Europe and Asia as the outlook for global trade dims.

US President Donald Trump gave fresh impetus to trade worries at the weekend when he said there was no need to keep Canada in the North American Free Trade Agreement and warned Congress not to meddle with the trade talks.

Trump was also reported to have said he is ready to impose tariffs on an additional $200 billion worth of imports from China as soon as a public comment period on the plan ends on Thursday.

“President Trump’s war of words against Canada amid negotiations of the NAFTA trade agreement raised concerns that his stance against other countries such as China would remain combative. This wasn’t helped by data showing some weakness in China’s export-focused manufacturing sector,” ANZ analysts said in a note on Tuesday.

The yield on benchmark 10-year Treasury notes rose to 2.8585 percent versus its US close of 2.853 percent on Friday.

The two-year yield, which rises with traders' expectations of higher Fed fund rates, touched 2.633 percent compared with a US close of 2.629 percent last week. The dollar dropped 0.13 percent against the yen to 110.93, while the euro was down 0.1 percent on the day at USD 1.1611.

The dollar index, which tracks the greenback against a basket of six major rivals, was flat at 95.144.

US crude CLc1 ticked up 0.33 percent at USD 70.03 a barrel. Brent crude LCOc1 fell to USD 78.06 per barrel.

Gold was slightly higher, with spot gold traded at USD 1201.19 per ounce.

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Traders are advised to tread with caution and use rallies to create short positions. The short-term trend will favor bears as long as Nifty trades below 11,760 levels suggest experts.

The Nifty which started on a positive note failed to hold on to momentum and breached its 5-day exponential moving average in September 3. The index closed below its crucial support placed at 11,600 and made a robust bear candle on daily charts which resembles a Bearish Belt Hold kind of pattern.

The Nifty index found support at 13-day exponential moving average (EMA) before closing the day at 11,582, down nearly 1 percent from the previous close of 11,680.

Traders are advised to tread with caution and use rallies to create short positions. The short-term trend will favor bears as long as Nifty trades below 11,760 levels suggest experts.

“Finally bulls appear to have surrendered as they were trapped near to the lifetime highs as the index opened with a strong gap-up before signing off the session with a robust bear candle. This reversal formation confirmed the short term top around 11760 levels,” Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in.

“As the index settled below its ascending channel which was in progress from the lows of 10557 for the last 45 days it has opened up a new downside target placed around 11425 levels. However, in between a decent support can be expected in the zone of 11499 – 11486 levels breach of which shall further accelerate the selling pressure,” he said.

Mohammad advises traders to create fresh short positions by making use of pullback attempt as index head towards 11,650 levels. “Short-term trend will continue to favor bears till the Nifty 50 closes above 11,760 levels,” he said.

India VIX spiked up by 6.29 percent at 13.39 and a sudden jump in volatility is a cause of concern for immediate basis.

Here are top 15 data points to help you spot profitable trades:

Key support and resistance level for Nifty

The Nifty closed at 11,582.3 on Monday. According to Pivot charts, the key support level is placed at 11,515.87, followed by 11,449.43. If the index starts moving upwards, key resistance levels to watch out are 11,700.27 and 11,818.23.

Nifty Bank

The Nifty Bank index closed at 27,819.5 on Monday. The important Pivot level, which will act as crucial support for the index, is placed at 27,663.54, followed by 27,507.57. On the upside, key resistance levels are placed at 28,089.33, followed by 28,359.17.

Call Options Data

Maximum call open interest (OI) of 34.73 lakh contracts was seen at the 11,800 strike price. This will act as a crucial resistance level for the September series.

This was followed by the 12,000 strike price, which now holds 28.86 lakh contracts in open interest, and 11,700, which has accumulated 24.12 lakh contracts in open interest.

Call writing was seen at the strike price of 11,800, which added 7.30 lakh contracts, followed by 11,700 which added 3.58 lakh contracts and 12,000 which added 2.47 lakh contracts.

There was hardly any Call unwinding seen.

Put Options data

Maximum put open interest of 34.49 lakh contracts was seen at the 11,600 strike price. This will act as a crucial support level for the September series.

This was followed by the 11,500 strike price, which now holds 31.56 lakh contracts in open interest, and the 11,400 strike price, which has now accumulated 31.37 lakh contracts in open interest.

Put writing was seen at the strike price of 11,200, which added 4.08 lakh contracts in open interest, followed by 11,800 which added 2.55 lakh contracts and 11,700 which added 2.39 lakh contracts.

There was hardly any Put unwinding seen.

FII & DII data

Foreign institutional investors (FIIs) sold shares worth Rs 21.13 crore and domestic institutional investors sold shares worth Rs 171.92 crore in the Indian equity market on Monday, as per provisional data available on the NSE.

Stocks with high delivery percentage:

High delivery percentage suggests that investors are accepting delivery of the stock, which means that investors are bullish on it.

A decrease in open interest along with an increase in price mostly indicates short covering.

An increase in open interest along with a decrease in price mostly indicates a build-up of short positions.

Bulk Deals

Celestial Biolabs Limited: Ganesh Kumar bought 2,23,679 shares at Rs 18.21 per share.

Hikal Limited: The International Finance Corporation sold 39,82,517 shares at Rs 166.51 per share

IG Petrochemicals: Birla Mutual Fund A/C Birla Sun Life Pure Value Fund bought 5,00,000 shares at Rs 480 per share

IG Petrochemicals Ltd.: Shekhavati Investment Corporation Limited sold 10,27,804 shares at Rs 480.02 per share

Mahindra Lifespace: American Fund Insurance A/C American Insurance Series Global Small Capitalisation Fund sold 7,11,051 shares at Rs 440.42 per share

(For more bulk deals, click here)

Analyst or Board Meet/Briefings

Mahindra Lifespaces: The company will have an interaction with Reliance Alternate Investment Fund on September 7, 2018.

Greaves Cotton: Birla Sun Life AMC and Arihant Capital Markets will be meeting the management between September 4 and 5, 2018.

Yes Bank: Aegon Life Insurance, Abakkus Asset Manager, Canara Robeco AMC, Baroda Pioneer MF, and Karvy met representatives of the firm on August 31, 2018.

BEL: The company will be meeting analysts on September 25, 2018.

Stocks in news

Axis Bank: The lender allots over 2 lakh shares at Rs 2 each under its employee stock options scheme (ESOPs).

Persistent Systems: The company has acquired Herald Tech.

Reliance Infra: The firm has paid Rs 2,640 crore outstanding electricity dues to Maharashtra government.

Marico: Company aims up to 10% volume growth, healthy market share gains in 5 years

No stocks under ban period on NSE

Securities in ban period for the next day's trade under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.

For September 4, not a single stock is present in this list.

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अगस्त 2018 में प्रमुख दोपहिया वाहन निर्माता बजाज ऑटो (Bajaj Auto) की किसी एक महीने में कुल बिक्री, कारोबारी वाहनों का निर्यात और कुल कारोबारी वाहनों की बिक्री अब तक की सर्वाधिक रही।

अगस्त 2017 के मुकाबले कंपनी की कुल वाहन बिक्री 3,35,031 इकाई से 30% बढ़ कर 4,37,092 इकाई, कुल कारोबारी वाहन बिक्री 51,170 इकाई के मुकाबले 45% अधिक 74,169 इकाई और कारोबारी वाहनों का निर्यात 22,175 इकाई के मुकाबले 67% की वृद्धि के साथ 36,975 इकाई रहा।

इसके अलावा बजाज ऑटो के मोटरसाइकिल कारोबार पर नजर डालें तो कंपनी ने अगस्त में साल दर साल आधार पर ही 2,83,861 इकाई के मुकाबले 28% अधिक 3,62,923 इकाइयाँ बेचीं। कंपनी ने घरेलू स्तर पर मोटरसाइकिल की 1,71,664 इकाइयों की तुलना में 27% अधिक 2,18,437 इकाइयाँ बेचीं। जबकि बजाज ऑटो का मोटरसाइकिल निर्यात 1,12,197 इकाई से 28% की बढ़त के साथ 3,62,923 इकाई रहा।

बेहतर बिक्री आँकड़ों का कंपनी के शेयर पर भी सकारात्मक असर देखने को मिल रहा है। आज बीएसई में बजाज ऑटो का शेयर 2,746.35 रुपये के पिछले बंद भाव की तुलना में 2,752.00 रुपये पर खुल कर हरे निशान में बना हुआ है। 12 बजे के आस-पास कंपनी के शेयरों में 30.10 रुपये या 1.10% की वृद्धि के साथ 2,776.45 रुपये के भाव पर कारोबार हो रहा है। 

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Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November.

International Brent crude oil futures were at $77.43 per barrel at 0222 GMT, down 21 cents, or 0.3 percent, from their last close.

U.S. West Texas Intermediate (WTI) crude futures were at $69.62 per barrel, down 18 cents, or 0.3 percent, from their last settlement.

Output from the producer cartel of the Organization of the Petroleum Exporting Countries (OPEC) rose by 220,000 barrels per day (bpd) between July and August, to a 2018-high of 32.79 million bpd, a Reuters survey found.

Output was boosted by a recovery in Libyan production and as Iraq's southern exports hit a record.

Meanwhile, U.S. drillers added oil rigs for the first time in three weeks, energy services firm Baker Hughes reported on Friday, increasing the rig count by 2 units to 862.

The high rig count has helped lift U.S. crude oil production by more than 30 percent since mid-2016, to 11 million bpd.

Despite the price dip, Stephen Innes, head of trading for Asia-Pacific at futures brokerage OANDA said Brent was "supported by the notion that U.S. sanctions on Iranian crude oil exports will eventually lead to constricted markets", which he said would likely push up prices.

"Iranian production is already showing signs of decline, falling by 150,000 barrels per day (bpd) last month ... (as) importers of Iranian barrels will already be moving away from taking shipments," said Edward Bell, commodity analyst at Emirates NBD bank in Dubai.

Many analysts have warned that an economic slowdown because of trade disputes between the United States and other major economies including China and the European Union would drag on oil demand.

Amid rising trade tariffs raised by Washington and Beijing, China's manufacturing activity grew at the slowest pace in more than a year in August, with export orders shrinking for a fifth month and employers cutting more staff, a private survey showed on Monday.

Despite this, OANDA's Innes said it was too early to say whether an economic slowdown would put a serious dent on oil prices.

"While the analysts continue fretting that $200 billion in tariffs could drag down oil demand, it isn't at all clear that such type of economic headwinds will topple oil prices given ... the constant barrage of supply outages," he said.

(Reporting by Henning Gloystein; editing by Joseph Radford and Richard Pullin)

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केईसी इंटरनेशनल (KEC International) को अलग-अलग कारोबार में कुल 1,010 करोड़ रुपये के कार्य मिले हैं।

इनमें ट्रांसमिशन ऐंड डिस्ट्रिब्यूशन व्यापार में 491 करोड़ रुपये, केबल व्यापार में 250 करोड़ रुपये, सौर ऊर्जा में 195 करोड़ रुपये और सिविल व्यवसाय में 74 करोड़ रुपये के ठेके शामिल हैं।

केईसी इंटरनेशनल भारत में इलेक्ट्रिक पावर ट्रांसमिशन टावरों की दूसरी सबसे बड़ी निर्माता कंपनी है।

उधर बीएसई में केईसी इंटरनेशनल का शेयर शुक्रवार को 1.15 रुपये या 0.38% की बढ़त के साथ 303.45 रुपये पर बंद हुआ। वहीं इसके 52 हफ्तों का शिखर 442.60 रुपये और निचला स्तर 280.00 रुपये रहा है।

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"September may not be a stronger month and should ideally witness profit booking as the rally is stretched on the upside," said Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in

Short-term traders are advised to remain light on long positions at higher levels if we head towards 12000 as this month may remain volatile and choppy, Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in, told Moneycontrol, said in an interview with Moneycontrol. After a blockbuster August series where Nifty climbed 4.5% to touch levels above 11700 levels, how is the index looking on weekly and monthly charts?

In line with our projections given in these columns in the last two months, the move was pretty strong but we should not forget that such a move was seen after witnessing an extremely range bound activity in the months of May and June.

So, September may not be a stronger month and should ideally witness profit booking as the rally is stretched on the upside.

This is the 9th week from the lows of 10,556. This kind of vertical up move was not witnessed in the recent past atleast from June 2017 onwards as all the rallies perished after 6 – 8 weeks paving the way for multi-week correction.

However, by looking at larger trends we draw a lot of comforts as this rally has legs on the upside. In Elliot Wave parlance this leg of the move is clearly looking like a Wave 3.

It means that any correction in the form of Wave 4 is going to present an opportunity to create fresh long positions as one price cycle will end only after the completion of 5 legs.

It is difficult to project where exactly wave 3 is going to end. But, taking different parameters on short-term charts we can conclude that this leg of up move is nearing its end which should be followed by a multi-week correction.

So, the short-term traders are advised to remain cautiously optimistic as this rally is already 9 weeks old and appears to be having limited upsides.

On the upside, there is still room, and in case 11,760 is breached Nifty will head towards 12,000. But, the correction post this upmove from whatever point it unfolds is going to be sharp and is likely to last just a couple of weeks.

Do you see the momentum to continue in September as well? Also, based on the F&O data, it looks like 12000 looks in sight. Do you agree?

In the light of the above explanation, momentum may last for some more time but as the series progresses bigger correction can’t be ruled out.

Short-term traders are advised to remain light on long positions at higher levels if we head towards 12000 as this month may remain volatile and choppy.

What is the outlook on Bank Nifty?

We suspect Bank Nifty has registered a short-term top on 10th of August itself around 28,300 levels as it is stuck up in a range of 28388 – 27740 levels since then.

Unless it registers a decisive breakout above 28390 levels sentiment in the broader markets may not be on a strong footing.

On such a breakout it can easily head towards a target of 29,000. Contrary to this a breakdown below this range shall result in the test of its 50-day Moving Average whose value is placed around 27,440 levels.

What are your views on rupee which touched a fresh low of Rs 71/USD? Should D-Street be worried?

The price action on Dalal Street is clearly suggesting that it is not much worried about the fall in rupee. Usually under normal conditions when US Dollar Index is falling rupee should have appreciated.

But, this time for the last 15 days Dollar Index is down from the highs of 96.86 (registered on 15th of August) to a recent low of 94.34 but it failed to trigger an upmove in rupee which is down from 69.50 to almost 71 in the last couple of days.

So this leg of fall in rupee is not driven by the appreciation of Dollar which will be the case usually. Hence, rupee may be falling on its own weight. If this weakness persists it can be a cause for concern sooner than later.

Technically speaking recent breakdown of rupee has a target placed around 72.15 which can be materialized if the dollar/pair pair settles above 71. Strength in rupee should not be expected unless dollar trades below 69.50 levels.

Top five 3-5 stock trading strategies for September series?

Here's a list of top three stocks which could give 4-5% return in September series:

Tata Elxsi: Buy| LTP: Rs 1435| Target: Rs 1490| Stop Loss: Rs 1390| Return 4%

After the recent correction from the lifetime highs of Rs 1490, this counter appears to have hit a bottom around Rs 1390 levels and resumed its upmove.

In case this correction culminates after 23 sessions of corrective and consolidation phase then ideally this counter shall register a new high beyond Rs 1490 levels.

Hence, positional traders should buy into this counter for an initial target of 1490 levels with a stop below 1390 on a closing basis.

There can be a minor hiccup around 1462 which should eventually be conquered in case of a fresh leg of the upswing is in progress.

Hero MotoCorp: Buy| LTP: 3253| Target: Rs 3418| Stop Loss: Rs 3180| Return 5%

This counter appears to have posted a short-term bottom around Rs 3190 levels after retracing 50 percent of its last leg of the upswing from the lows of Rs 3033 – 3350 levels.

Hence, positional traders can make use of this opportunity to go long for an initial target of Rs 3350 levels with a stop of Rs 3180. But, once Rs 3350 is conquered a bigger target towards Rs 3418 can’t be ruled out.

Bajaj Auto: Buy| LTP: Rs 2746| Target: Rs 2900| Stop Loss: Rs 2690| Return 5.6%

After a sharp fall from Rs 3150 levels, this counter appears to be consolidating in the range of Rs 2600 – 2770 levels for the last couple of weeks and looks ripe for a breakout.

In such a scenario the range target itself can be Rs 2930 kind of levels. Hence, one should make use of this consolidation phase to go long for a target of Rs 2900 levels with a stop below Rs 2690 on a closing basis.

(Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol are his own, and not that of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions)

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