Monsanto plans to slash prices of GM seeds

Monsanto plans to slash prices of GM seedsThe world's biggest seed company Monsanto Co. is currently mulling over a probable price cut on genetically modified (GM) seeds to boost the acceptability of the new seeds in the global market. The company is aiming at a 15 per cent bottom-line growth in financial year 2011 from increased sales due to the price cut.

The seed grower has reached to such a decision after its discussions with 1200 growers and low sales forecast, Monsanto's Chief Executive Hugh Grant said on Wednesday.

Commodity Outlook for Natural Gas by KediaCommodity

Natural GasNatural gas fell for a second day on expectation that a government report will probably show a bigger-than-average expansion in U. S. stockpiles of the heating and factory fuel. The Energy Department may say supplies rose 29 billion cubic feet last week. Natural Gas yesterday we have seen that market has moved -0.83%. Market has opened at 182.6 & made a low of 179.6 versus the day high of 186.8. The total volume for the day was at 37473 lots and the open interest was at 14236. Now support for the Natural Gas is seen at 178.3 and below could see a test of 175.4. Resistance is now likely to be seen at 185.5, a move above could see prices testing 189.8.

Commodity Outlook for Jeera by KediaCommodity

JeeraJeera ended weak weighed by mounting arrivals, sluggish overseas demand and hopes of higher output. There is no major demand coming in the physical market. Daily arrivals at the Unjha market were 22,000-23,000 bags (60 kgs). Spot rates in Unjha, a key spot market in Gujarat, price dropped 46 rupees to end at 12,098 rupees per 100 kg. April contract dropped Rs 38 and settled at Rs 11548 a kg. The contract made intraday low of Rs 11520 a kg and high of Rs 11638 a kg. Support for jeera is at 11499 below that could see a test of 11451. Resistance is now seen at 11617 above that could see a resistance of 11687.

Trading Ideas:

Jeera trading range is 11451-11687.

Hollywood actress Glenn Close joining forces with the National Alliance on Mental Illness

Hollywood actress Glenn Close joining forces with the National Alliance on Mental Illness It has been reported that Hollywood actress Glenn Close is joining
forces with the National Alliance on Mental Illness to fight the stigma
of mental illness.

BringChange2Mind. org, a non-profit
organization created by Close, the Child and Adolescent Bipolar
Foundation, Fountain House and Garen and Shari Staglin of International
Mental Health Research Organization, is joining the NAMI in selected
NAMIWalks, held around Mental Health Month in May.

It was

Finance and Infrastructure going to be next growth sectors

Finance and Infrastructure going to be next growth sectorsCrisil Ratings on Wednesday said that the next growth will come in the filed of finance and infrastructure sector during this fiscal. Power will also hold an important position.

It also said that the worst is over for the economy and the future holds huge potential.

Commodity Outlook for Turmeric by KediaCommodity

TurmericTurmeric fell more than 3 percent on profit-taking, after prices hit the upper circuit in the last session, and weighed by mounting arrivals. In Nizamabad, a major spot market in Andhra Pradesh, the fell by 42 rupees to 11653 rupees per 100 kg. Turmeric yesterday we have seen that market has moved -3.52%. Market has opened at 11850 & made a low of 11225 versus the day high of 11870. The total volume for the day was at 7440 lots and the open interest was at 5410.Support for turmeric is at 11029 below that could see a test of 10805. Resistance is now seen at 11674 above that could see a resistance of 12095.

Trading Ideas:

Pages

News in Focus

Maharashtra accounts for nearly 50% of 45,000 Projects Registered under RERA across India

RERA registrations have been strong over the last one year, registering nearly 40% increase between September 2018 and October 2019.

45,000 Projects Registered Under RERA across India by October 2019

Real estate companies have started moving faster with project registrations under RERA. 45,307 projects registered across the country as on 5th Oct.

IRCTC Strong Stock Market Listing Review by Epic Research

IRCTC listed with nearly 100 percent gains over the issue price. The IPO of government-owned railways catering company has received a strong response from the market.

Electrify America launches Level 2 EV home charging station priced at $499

German automaker Volkswagen’s Electrify America charging infrastructure subsidiary has launched a Level 2 home charging station for electric vehicles (EVs).

France: Nantes Métropole association starts integrating e-buses into its TAN network

In France, the Nantes Métropole association of 24 municipalities has commenced the integration of electric buses into its TAN network.

US: Proterra receives order for 33 e-buses from Miami-Dade county in Florida

US-based electric bus manufacturer Proterra has revealed in a recent announcement that it has received a big electric bus order from the Florida county of Miami-Dade.

IRCTC Stock lists at double the IPO Price on NSE

IRCTC IPO has become the best performing IPO in the last three years as the railways operator listed on stock markets at INR 685.