Today’s Beneficial Trading Call by TradeIndia Research

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Todays Beneficial Trading Call by TradeIndia
Research CALL SELL COPPER NOV BELOW 372, T1-
370.50, T2- 369, T3- 367, SL ABOVE 375.
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Stock Market News
Tata Motors tanks 9 as forex hurt JLR Q2 edges
experts wary
Shares of Tata Motors drooped 9 percent hitting
intraday low of Rs 462.05 on Tuesday after its
September quarter disappointed street. Experts
are stressed over both its JLR and standalone
business. JLR's edges fell 190 basis points at
10.3 percent on yearly premise. Supporting
losses and forex revaluation of 318 mn pounds
affected JLR edges in Q2. Tata Motors posted net
benefit of Rs 848 crore in Q2 from lost Rs
1,740 crore in relating quarter last financial.
Amid the quarter, its net income was up 6.94 at
Rs 67000 crore, against Rs 62,647 crore in the
year-prior period. Join Stock Future Tips
service with accuracy. At 1244 hrs Tata Motors
was citing at Rs 466.90, down Rs 40.50, or 7.98
percent on the BSE.
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Commodity Market News
Gold futures fall Rs 235 on weak global cues
Gold fell Rs 235 to Rs 29,372 for each 10 grams
in futures exchange today as members decreased
their positions, to a great extent in accordance
with a weak trend overseas. Besides, profit
booking at existing levels likewise weighed on
gold futures. At Multi Commodity Exchange, gold
for delivery in December was trading lower by Rs
235 or 0.79 at Rs 29,372 for every 10 grams in
a business turnover of 3,584 parts. We offer
accurate Free Commodity Tips on
mobile. Likewise, the metal for delivery in
February one year from now shed Rs 204 or 0.69
to Rs 29,152 for each 10 grams in 161
parcels. Experts said besides a weak trend in
the overseas markets, profit booking by
investors at current levels, weighed on the
precious metal in future exchange here. All
around, gold fell 0.54 to USD 1,221 an ounce, in
New York yesterday.