Britain To Construct 300 Mn Pound Airport For 4,000 People

Britain To Construct 300 Mn Pound Airport For 4,000 PeopleBritain has decided to build up a 300 million pound airport for a small island with population of around 4,000 people.

Mr. Andrew Mitchell, International Development Secretary, stated that Britain had a "responsibility" to set up the airport on St Helena that is a South Atlantic island and a British Overseas Territory.

The island can only be reached by water on Royal Mail ship St Helena, which now requires to be replaced.

Buy Sun Pharma With Stop Loss Of Rs 1730

Buy Sun Pharma With Stop Loss Of Rs 1730Stock market analyst Sudarshan Sukhani has maintained 'buy' rating on Sun Pharmaceuticals Ind Ltd stock to achieve a short term target of Rs 1785.

According to analyst, the investors can buy the stock with stop loss of Rs 1730.

Today, the stock of the company opened at Rs 1759 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 65.23 and 26.71 respectively.

The share price has seen a 52-week high of Rs 1846 and a low of Rs 1159 on BSE.

Hold Ambuja Cements With Target Of Rs 123

Hold Ambuja Cements With Target Of Rs 123Stock market analyst Shrikant Chouhan of Kotak Securities has maintained 'hold' rating on Ambuja Cements Ltd stock with target of Rs 123.

According to analyst, the stock has support at Rs 110.

Today, the stock opened at Rs 115 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 9.14 and 12.48 respectively.

The share price has seen a 52-week high of Rs 125.60 and a low of Rs 82 on BSE.

Commodity Outlook for Jeera by KediaCommodity

JeeraJeera August contract gained Rs 145 and settled at Rs 15636 a kg tracking bullish cues from the spot market where stocks were low and demand from local traders was strong. Firmness in the international market is supporting upside in jeera. Jeera gained 398 rupees to end at 15,048 rupees per 100 kg in Unjha, the benchmark spot market in Gujarat. The contract made intraday low of Rs 15306 a kg and high of Rs 15915 a kg. Support for jeera is at 15323 below that could see a test of 15010. Resistance is now seen at 15932 above that could see a resistance of 16228.

Trading Ideas:

Jeera trading range is 15010-16228.

Commodity Outlook for Turmeric by KediaCommodity

TurmericTurmeric ended steady on sluggish spot demand as traders awaited some correction in prices on hopes of higher acreage and on weak exports. Market may see some correction in prices as both local and overseas demand has come down at higher levels. In Nizamabad spot market, turmeric fell 74.5 rupees to end at 15,578.50 rupees. Market has opened at 15200 & made a low of 14942 versus the day high of 15298. The total volume for the day was at 8195 lots and the open interest was at 8905.Support for turmeric is at 14941 below that could see a test of 14763. Resistance is now seen at 15297 above that could see a resistance of 15475.

Trading Ideas:

Commodity Outlook for Chana by KediaCommodity

ChanaChana dropped Rs 5 and settled at Rs 2405 per quintal as ample stocks weighed on sentiment. Prices are unlikely to fall much as spot demand is improving gradually. In Delhi spot market, chana gained 66 rupees to end at 2,350 rupees per 100 kg. The volume was noted at 193970 lots. Support for chana is at 2392 below that could see a test of 2378. Resistance is now seen at 2426 above that could see a resistance of 2446.

Trading Ideas:

Chana trading range is 2378-2446.

Chana dropped as ample stocks weighed on sentiment

Support for the chana is seen at 2392 and resistance is at 2426.

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