Natural Gas futures slumped in the domestic market on Monday as investors and speculators exited positions in the energy commodity tracking weak cues from overseas market as forecasts for mild temperatures across most of the US dimmed the demand outlook for the heating fuel. Latest weather forecast showed gradual warm-up from April 5 through April 14, 2014 in the US.
At the MCX, Natural gas futures for March 2014 contract closed at Rs. 262.50 per mmBtu, down by 2.96 per cent, after opening at Rs 269.10, against the previous closing price of Rs 270.50.
For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/
Naturalgas trading range for the day is 249.8-270.8.Natural gas prices have taken a hit recently on expectations that spring's milder temperatures will cut into demand for heating.
ReplyDeleteGet free services with 2 days free trial
ReplyDeleteWe are providing fundamentally and best technical
analysis on Indian stock market and provide value
based stocks trading tips.
This comment has been removed by the author.
ReplyDeleteFree Trading Tips with 2 Days Free Trial
ReplyDeleteIndian Stock and Share Market Tips,
Commodity Tips, Equity Tips,MCX
Tips.
Further, Crompton Greaves ended lower by 1.5% on reports
ReplyDeleteHitachi has emerged as the front-runner to buy the promoter's
stake in the power transmission and distribution company
promoted by Gautam Thapar
ReplyDeleteMaruti Suzuki Q4 below estimates, net up 17.5% to Rs 800 cr
Maruti Suzuki reported net profit at Rs 800 crore in the quarter ended March 2014, up 17.5 percent (partly boosted by other income) compared to previous quarter.
ReplyDeleteIDFC drops after weak Q4 earnings
IDFC lost 2.72% after consolidated net profit declined 50.93% to Rs 257.94 crore on 0.05% growth in total income to Rs 2219.57 crore in Q4 March 2014 over Q4 March 2013.
Hexaware Q1 misses forecast, profit falls 32% to Rs 70.3 cr
ReplyDeleteHexaware Technologies missed expectations on every parameter with the first quarter (January-March) net profit falling 32 percent sequentially to Rs 70.3 crore on lower revenues and operational performance. Operating profit margin slipped 330 basis points on sequential basis to 19.2 percent in the quarter gone by. Its forex loss during the quarter was Rs 13.5 crore as against loss of Rs 10.7 crore in previous quarter.
I read your blog, its good. Epic Research provides Intraday and positional calls for natural gas.
ReplyDelete