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A bulk deal of 11.55 lakh shares was executed on the Firstsource Solutions scrip at Rs 43.80 per share at 11:33 IST on BSE. Another bulk deal of 12.52 lakh shares was executed on the scrip at Rs 43.90 per share at 11:38 IST on BSE.Meanwhile, the S&P BSE Sensex was up 33.77 points, or 0.1% at 32,457.53. The S&P BSE Small-Cap index was up 104.67 points, or 0.62% at 16,938.25.Bulk deal boosted volume on the scrip. On the BSE, 45.44 lakh shares were traded on the counter so far as against the average daily volumes of 7.48 lakh shares in the past one quarter. The stock had hit a high of Rs 44.15 and a low of Rs 41.35 so far during the day. The stock had hit a 52-week high of Rs 49.30 on 13 February 2017 and a 52-week low of Rs 30.40 on 15 June 2017.The stock had outperformed the market over the past one month till 18 September 2017, rising 21.26% compared with 2.85% gains in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 20.38% as against Sensex's 3.6% gains. The scrip, however, underperformed the market in past one year, sliding 4.83% as against Sensex's 13.23% gains.The small-cap company has equity capital of Rs 682.13 crore. Face value per share is Rs 10.Firstsource Solutions' consolidated net profit rose 0.77% to Rs 65.40 crore on 1.58% decrease in net sales to Rs 850.67 crore in Q1 June 2017 over Q4 March 2017.Firstsource Solutions is a provider of a range of business process management services across the customer life cycle delivered through transaction processing.

High volumes were witnessed on the counter. On the BSE, 34.24 lakh shares were traded on the counter so far as against the average daily volumes of 2.35 lakh shares in the past one quarter. The stock had hit a high of Rs 12.95 and a low of Rs 10.65 so far during the day.The stock had hit a 52-week high of Rs 30.35 on 22 September 2016. The stock had hit a record low of Rs 6.49 on 5 September 2016. The stock had outperformed the market over the past one month till 18 September 2017, gaining 60.93% compared with the Sensex's 2.85% rise. The scrip had also outperformed the market over the past one quarter, rising 27.9% as against the Sensex's 4.4% rise. The scrip had, however, underperformed the market over the past one year, falling 58.37% as against the Sensex's 13.37% rise.The small-cap company has equity capital of Rs 423.99 crore. Face value per share is Rs 10.With reference to increase in price, KSK Energy Ventures had clarified after market hours yesterday, 18 September 2017, that it makes necessary disclosures on the developments of the company to the exchanges time to time and that there is nothing to be disclosed.KSK Energy Ventures' 17th Annual General Meeting is scheduled to be held on 25 September 2017.On consolidated basis, KSK Energy Ventures reported net loss of Rs 288.09 crore in Q1 June 2017 compared to net loss of Rs 246.60 crore in Q1 June 2016. Net sales fell 0.3% to Rs 1104.51 crore in Q1 June 2017 over Q1 June 2016.KSK Energy Ventures is a power project development company. The company is engaged in the development, ownership, operation and maintenance of power generation assets in India. The company operates through two segments: power generation and project development.

On the BSE, 14.89 lakh shares were traded on the counter so far as against the average daily volumes of 4.37 lakh shares in the past one quarter. The stock had hit a high of Rs 262.65 and a low of Rs 257.30 so far during the day. The stock had hit a 52-week high of Rs 337.50 on 22 September 2016 and a 52-week low of Rs 234 on 11 August 2017.The stock had outperformed the market over the past one month till 18 September 2017, rising 8.84% compared with 2.85% gains in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 4.19% as against Sensex's 3.6% gains. The scrip, however, underperformed the market in past one year, sliding 19.46% as against Sensex's 13.23% gains.The large-cap company has equity capital of Rs 6207.41 crore. Face value per share is Rs 10.Coal India's subsidiary Mahanadi Coalfields could reportedly face a penalty of more than Rs 20000 crore in the wake of a Supreme Court order that rendered all mineral production in violation of environmental laws illegal. The Odisha government is evaluating the company's liability after the top court in its 2 August 2017 verdict ordered the state to recover the value of all minerals produced without or in excess of caps under environment, forest laws, pollution control rules and mining plans.Coal India's consolidated net profit fell 23.3% to Rs 2351.13 crore on 3.6% growth in net sales to Rs 18404.32 crore in Q1 June 2017 over Q1 June 2016.Coal India is an organized state owned coal mining corporate. The government of India held 78.86% stake in the company as per shareholding pattern as on 30 June 2017.

On the BSE, 42,925 shares were traded on the counter so far as against the average daily volumes of 62,500 shares in the past one quarter. The stock had hit a high of Rs 824.90 and a low of Rs 813.90 so far during the day. The stock had hit a 52-week high of Rs 839 on 13 September 2017. The stock had hit a 52-week low of Rs 465.10 on 22 November 2016.The stock had outperformed the market over the past one month till 18 September 2017, gaining 11.81% compared with the Sensex's 2.85% rise. The scrip had also outperformed the market over the past one quarter, rising 13.1% as against the Sensex's 4.4% rise. The scrip had also outperformed the market over the past one year, rising 18.12% as against the Sensex's 13.37% rise.The mid-cap company has equity capital of Rs 97.78 crore. Face value per share is Rs 10.Capital First said that the debenture committee constituted by the board of directors of the company vide resolution passed by circulation yesterday, 18 September 2017, had approved the allotment of 800 rated, listed, unsecured, redeemable, non-convertible perpetual securities in the nature of debentures having face value of Rs 10 lakh each.On a consolidated basis, Capital First's net profit rose 36.2% to Rs 66.96 crore on 32% rise in total income to Rs 820.45 crore in Q1 June 2017 over Q1 June 2016.Capital First is a financial institution focused on providing debt financing to micro small and medium enterprises (MSME) and Indian consumers.

GAIL (India) rose 2.33% to Rs 410. Indraprastha Gas rose 2.02% to Rs 1,469.20. Petronet LNG rose 1.13% to Rs 236.75. Gujarat State Petronet rose 1.42% to Rs 200.10.A global research firm has reportedly turned more bullish on gas utilities as it sees a multi-year growth cycle ahead. The growth path was supported by benign gas prices and favourable government policies. It expects the completion of the national gas grid and favourable government policies to support rapid earnings growth even beyond this decade.The broking firm expects Petronet's earnings CAGR to be 20% over the year ended 31 March 2017 to the year ending 31 March 2020 (FY2017-FY2020), while it could be 16% over FY2017-FY2020, percent from GAIL (India). Meanwhile, in case of Gujarat State Petronet, it sees earnings CAGR of 15% over (FY2017-FY2020).

On the BSE, 92,000 shares were traded in the counter so far, compared with average daily volumes of 84,170 shares in the past one quarter. The stock had hit a high of Rs 621.50 and a low of Rs 611.90 so far during the day. The stock had hit a 52-week high of Rs 993 on 1 November 2016. The stock had hit a 52-week low of Rs 567.95 on 12 September 2017.The large-cap company has equity capital of Rs 28.22 crore. Face value per share is Re 1.Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted final approval by the United States Food & Drug Administration (USFDA) for Desonide Ointment, 0.05%, the generic version of Desonide Ointment, 0.05%, of Perrigo New York Inc.According to IMS Health sales data for the 12 month period ended July 2017, the Desonide Ointment, 0.05% market achieved annual sales of approximately $23.4 million.Glenmark's current portfolio consists of 124 products authorized for distribution in the US marketplace and 62 ANDA's pending approval with the USFDA. In addition to these internal filings, Glenmark continues to identify and explore external development partnerships to supplement and accelerate the growth of its existing pipeline and portfolio.Glenmark Pharmaceuticals' consolidated net profit surged 47.01% to Rs 333.38 crore on 21.99% rise in net sales to Rs 2329.39 crore in Q1 June 2017 over Q1 June 2016.Glenmark Pharmaceuticals is a research-driven, global, integrated pharmaceutical organization. Glenmark is a leading player in the discovery of new molecules both NCEs (new chemical entity) and NBEs (new biological entity). Glenmark has several molecules in various stages of clinical development and is focused in the areas of oncology, dermatology and respiratory.

Meanwhile, the S&P BSE Sensex was up 208.74 points, or 0.65% to 32,481.35. The S&P BSE Small-Cap index was up 175.93 points, or 1.05% to 16,863.69.More than usual volumes were witnessed on the counter. On the BSE, 28,107 shares were traded in the counter so far, compared with average daily volumes of 4,438 shares in the past one quarter. The stock had hit a high of Rs 322 and a low of Rs 303 so far during the day. The stock hit a 52-week high of Rs 343.90 on 22 May 2017. The stock had hit a 52-week low of Rs 171 on 29 September 2016.The stock had outperformed the market over the past one month till 15 September 2017, gaining 6.82% compared with the 2.62% gains in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 10.94% as against Sensex's 3.85% gains. The stock had, however, outperformed the market over the past one year, gaining 61.17% compared with the 13.58% gains in the Sensex.The small-cap company has equity capital of Rs 32.38 crore. Face value per share is Rs 10.Nucleus Software Exports announced that the Atlas Finance, a micro-finance company in South Africa, has chosen Nucleus Lending Analytics to help them leverage the insights provided by their data to make faster, more informed lending decisions.Nucleus Software Exports' consolidated net profit fell 43.57% to Rs 11.51 crore on 0.67% rise in net sales to Rs 94.32 crore in Q1 June 2017 over Q4 March 2017.Nucleus Software Exports is the leading provider of lending and transaction banking products to the global financial services industry.

The stock had dropped 6.66% in three sessions to settle at Rs 21.70 on Friday, 15 September 2017, from a close of Rs 23.25 on 12 September 2017.Meanwhile, the S&P BSE Sensex was up 206.65 points or 0.64% at 32,479.26. The S&P BSE Small-Cap index rose 167.61 points or 1% at 16,855.37.On the BSE, 5.39 lakh shares were traded on the counter as against the average daily volumes of 6.87 lakh shares in the past one quarter. The stock had hit a high of Rs 23.45 and a low of Rs 21.65 so far during the day. The stock had hit a 52-week high of Rs 28.30 on 15 September 2016 and a record low of Rs 16.90 on 9 November 2016.The stock had outperformed the market over the past one month till 15 September 2017, gaining 11.86% compared with the 2.62% gains in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 16.67% as against Sensex's 3.85% gains. The stock had, however, underperformed the market over the past one year, dropping 18.88% compared with the 13.58% gains in the Sensex.The small-cap company has equity capital of Rs 67.09 crore. Face value per share is Rs 2.Punj Lloyd will be the first private sector company in India to install these X-ray based full body truck scanners at the country's borders, which can detect concealed arms, ammunition, explosives, detonators, improvised explosive devices (IEDs), narcotics and fake currency.The group's order backlog stands at Rs 11835 crore after excluding orders of Rs 6845 crore orders in Libya, which are not seeing traction. The order backlog is the value of unexecuted orders as on 30 June 2017 plus new orders received after that date.Punj Lloyd reported net loss of Rs 194.32 crore in Q1 June 2017 as against net loss of Rs 211.39 crore in Q1 June 2016. Net sales rose 10.1% to Rs 977.34 crore in Q1 June 2017 over Q1 June 2016.Punj Lloyd is a diversified international conglomerate offering engineering, procurement and construction (EPC) services in energy and infrastructure along with engineering and manufacturing capabilities in the defence sector.

NTPC announced that in accordance with the approval accorded by Alternative Mechanism (AM), Government of India (GOI) has offered 2,74,02,498 Equity Shares of Rs. 10/- each to the eligible employees of NTPC at discounted price of Rs. 159.60 per share (5% discount to the cut off price of Rs.168/- ,the cut off price for the OFS discovered through the Offer For Sale of equity shares of NTPC carried out by GOI on 29 August 2017 and 30 August 2017.In connection with the above, action has been initiated by the Company for sale of equity shares to the eligible employees by the GOI. The offer for sale of share shall remain open from 11 September 2017 to 13 September 2017.

McNally Bharat Engineering Company has received the following orders from Hindustan Zinc -1. Erection & Commissioning and Civil & Structural Works (For Plant & Machinery) Contract for 2 MTPA Lead-Zinc Ore Beneficiation Plant at Zawar Mine of Hindustan Zinc Limited for a contract price of Rs. 98.40 crore;
2. Civil & Structural Works (For Non Plant & Machinery) Contract for 2 MTPA Lead-Zinc Ore Beneficiation Plant at Zawar Mine of Hindustan Zinc Limited for a contract price of Rs. 39.95 crore; and
Supply Contract for 2 MTPA Lead-Zinc Ore Beneficiation Plant at Zawar Mine of Hindustan Zinc Limited for a contract price of Rs. 109.65 crore.

Esha Media Research announced that the Company is in talks with global and domestic players for strategic alliance in a bid to expand its product basket in the space of media measurements including the print, social media, digital advertising and over-the-top platform to capture a pie in the global market space.

Hindustan Copper announced that operation and maintenance of Surda Mine and Mosaboni Concentrator plant of the Company located at Ghatshila, Jharkhand has been re-started from 21 August 2017.The mining operations of Surda Mine were closed after India Resources, SPV of Eastern Coalfields has unilaterally terminated the operations and maintenance of Surda Mine contract with effect from 02 June 2017.

Zydus Cadila has received the final approval from the USFDA to market Ziprasidone Hydrochloride Capsules in strengths of 20mg, 40mg, 60mg and 80mg. Ziprasidone, an antipsychotic medication, is used to treat schizophrenia and the manic symptoms of bipolar disorder.

Prakash Industries announced that it has reduced its debt by around Rs 110 crore on account of conversion of FCCBs. The Company had issued USD 17.85 million FCCBs in September 2015, out of which, USD 17 million bonds have since been converted.

Dr Reddys Laboratories announced that the Company through its subsidiary, Promius Pharma LLC, has out-licensed the future development, manufacturing and commercialisation rights of DFD-06, a topical high potency steroid, to Encore Dermatology Inc. The drug is intended to be used for treatment of moderate to severe plaque psoriasis.Under the terms of the agreement, Encore will be responsible for the commercialisation of DFD-06 in the United States. Promius Pharma is eligible to receive certain pre and post commercialisation milestone payments of up to USD 32.5 million, followed by fixed royalty payments on net sales.

Motilal Oswal Financial Services has been allotted 6,03,44,826 equity shares of Aspire Home Finance Coporation and the company's subsidiaries Motilal Securities Limited and Motilal Oswal Investment Advisors Limited were allotted 5,17,24, 141 and 6,03,44,826 equity shares respectively. Post allotment the Company along with its wholly owned subsidiaries MOSL and MOIAL collectively holds 96.62% in AHFCL.

Kotak Mutual Fund has launched a new fund named as Kotak FMP Series 210, a close ended debt scheme with the duration of 1127 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 12 September to 14 September 2017.The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk. The scheme will invest in debt and money market securities, maturing on or before maturity of the scheme.The scheme offers growth and dividend payout option.The scheme shall invest 80%-100% of assets in debt securities (excluding money market instruments), invest upto 20% of assets in money market instruments with low to medium risk profile and invest upto 20% of assets in government securities with low risk profile. Investment in derivatives will be up to 50% of the net assets of the scheme.The minimum application amount is Rs 5000 and in multiples of Rs 10 for purchase and switch-ins.The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme.Entry load and exit load charge will be nil for the scheme.The scheme performance will be benchmarked against CRISIL Composite Bond Fund Index.Deepak Agarwal is the fund manager of the scheme.

Reliance Mutual Fund has announced 15 September 2017 as the record date for declaration of dividend on the face value of Rs 10 per unit under Reliance Regular Savings Fund-Balanced Option. The amount of dividend (Re per unit) will be:Reliance Regular Savings Fund-Balanced Option-Monthly Dividend Option & Direct Plan – Monthly Dividend Option: 0.1000 each.Reliance Regular Savings Fund-Balanced Option-Quarterly Dividend Option & Direct Plan – Quarterly Dividend Option: 0.4000 each

UTI Mutual Fund has launched a new fund named as UTI Fixed Term Income Fund – Series XXVII – VIII (1117 Days), a close ended income scheme. The duration of the scheme is 1117 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 07 September to 21 September 2017.The investment objective of the scheme is to generate returns by investing in a portfolio of fixed income securities maturing on or before the date of maturity of the scheme.
The scheme offers growth option, quarterly dividend option with payout and reinvestment facility, flexi dividend option with payout and reinvestment facility, annual dividend option with payout and reinvestment facility and maturity dividend option with payout facility.
The scheme would allocate 80%-100% of assets in debt instruments with low to medium risk profile and invest upto 20% of assets would be allocated to money market instruments with low risk profile.
The minimum application amount is Rs 5000 and in multiples of Rs 10 under all the options.
The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.
Entry and exit load charge will be nil for the scheme.
Benchmark Index for the scheme is CRISIL Composite Bond Fund Index.
Sunil Patil is the fund manager for the scheme.

Mutual funds have bought stocks worth a net Rs 197.52 crore on 6 September 2017, compared with net inflow of Rs 384.93 crore on 5 September 2017. The net inflow of Rs 197.52 crore on 6 September 2017 was a result of gross purchases of Rs 1886.15 crore and gross sales of Rs 1688.63 crore. On that day, the Sensex fell 147.58 points or 0.46% to settle at 31,661.97, its lowest closing level since 30 August 2017. Mutual funds bought shares for the second straight day.
Mutual funds have bought shares worth a net Rs 1359.10 crore so far in September 2017 (till 6 September 2017). Mutual funds had bought shares worth a net Rs 17941.11 crore in August 2017.

Reliance Mutual Fund has launched a new fund named as Reliance Fixed Horizon Fund – XXXV – Series 5, a close ended income scheme with the duration of 1130 days from the date of allotment. During the New Fund Offer (NFO), the scheme will offer units at Rs 10 per unit. The new issue is open for subscription from 06 September and closes subscription on 20 September 2017.The primary investment objective of the scheme is to generate returns and growth of capital by investing in a diversified portfolio of Central, State Government securities and other fixed income/ debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.
The scheme offers growth and dividend payout option under both regular plan and direct plan.
The scheme will allocate upto 10% of its assets in money market instruments with low risk profile and invest 90%-100% of its assets in government securities / State Development Loans (SDLs) & Debt Instruments with low to medium risk profile.
The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.
The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.
Entry and exit load charge will be nil for the scheme.
Benchmark Index for the scheme is Crisil Composite Bond Fund Index.
The fund manager of the scheme will be Amit Tripathi.

Mutual funds have bought stocks worth a net Rs 719.18 crore on 31 August 2017, compared with net inflow of Rs 566.04 crore on 30 August 2017. The net inflow of Rs 719.18 crore on 31 August 2017 was a result of gross purchases of Rs 3448.82 crore and gross sales of Rs 2729.64 crore. On that day, the Sensex rose 84.03 points or 0.27% to settle at 31,730.49, its highest closing level since 28 August 2017. Mutual funds bought shares for the eighteenth straight day.
Mutual funds have bought shares worth a net Rs 17941.11 crore in August 2017. They had purchased shares worth a net Rs 11799.85 crore in July 2017.

ICICI Prudential Mutual Fund has launched a new fund named as ICICI Prudential Fixed Maturity Plan – Series 81 – 1100 days Plan V, a close ended debt scheme. The tenure of the scheme is 1100 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 02 September to 15 September 2017.The investment objective of the scheme is to seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the scheme.
Presently, two options are available under the scheme viz. cumulative and dividend with only dividend payout option.
The scheme will invest 70%-100% of its assets in debt instruments including government securities and invest upto 30% of assets in money market instruments with low to medium risk profile. The scheme will not have any exposure to derivatives and if a scheme decides to invest in securitized debt (Single loan and / or Pool loan Securitized debt), it could be upto 25% of the corpus of the Plan.
The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter.
The fund seeks to collect a minimum subscription amount of Rs 20 crore under the scheme during the NFO period.
The scheme is proposed to be listed on NSE.
Entry load and exit load charge are not applicable for the scheme.
Benchmark Index for the scheme is CRISIL Short Term Bond Fund Index.
The fund managers of the scheme are Rahul Goswami and Rohan Maru.

Reliance Mutual Fund has announced 08 September 2017 as the record date for declaration of dividend on the face value of Rs 10 per unit under Dividend Option & Direct Plan - Dividend Option of Reliance Dual Advantage Fixed Tenure Fund VI-Plan B. The amount of dividend will be entire distributable surplus available in the scheme as on the Record date.

COMEX Copper is witnessing selling pressure on rallies. The metal dropped in Asia today following a smart recovery in last session. Three year highs have already triggered a heavy sell off and the metal is looking vulnerable now despite good speculative buying. Worries regarding US auto industry demand following Hurricane Harvey had pulled the metal down in a frenzy on Friday. This onslaught seems to be weighing on the market even now as COMEX Copper is quoting off 0.62% $3.05 per pound. MCX Copper futures are likely to give back some of their yesterday's gains on feeble global cues. MCX futures closed up 0.93% at Rs 435.10 per kg in last session.Large speculators continued to add to their net positions in the copper futures markets to the highest level in about six months, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of 48,865 contracts in the data reported through Tuesday September 5th. This was a weekly gain of 5,213 contracts from the previous week which had a total of 43,652 net contracts. Speculative positions have now risen for eight straight weeks and are currently near their highest levels since February this year.

The latest release of United States Department of Agriculture (USDA) stated that the global wheat supplies for 2017/18 have been revised higher by 1.4 0 million ton to 744.84 million ton as a 1.7-million-ton production increase is offset by a 2.7-million-ton decrease in beginning stocks. The primary production increase is for Russia, which is raised 3.5 million tons to a record 81.0 million tons; this change is based on excellent growing conditions and updated harvest results. Australia production for 2017/18 is lowered 1.0 million tons on dry conditions, and the EU is lowered 0.7 million tons. In addition, historical production changes for Australia led to lower global ending stocks. The 2015/16 Australia production change is on updated Australia Bureau of Statistics data which lowered harvested area 1.5 million hectares. Australia's 2016/17 harvested area is lowered 0.5 million hectares. Global trade for 2017/18 is essentially unchanged. However, exports are increased 1.0 million tons for Russia on the larger crop, 0.5 million tons for Ukraine, and 0.3 million tons for Turkey. These are partially offset by a 1.0-million-ton reduction for EU exports and a 0.5-million-ton reduction for Australia. Total global use is up 0.5 million tons. With total supplies declining and use increasing, global ending stocks are lowered 1.6 million tons.

Large oil speculators added to their bullish net positions in the WTI Crude Oil futures markets after a month of decline, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC).The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 382,113 contracts in the data reported through Tuesday September 5th. This was a weekly gain of 16,248 contracts.The commercial traders position, categorized by the CFTC as hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -388,729 contracts on the week. This was a weekly drop of -7,549 contracts.

Large speculators continued to lift their net positions in the copper futures markets this week to the highest level in about six months, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of 48,865 contracts in the data reported through Tuesday September 5th. This was a weekly lift of 5,213 contracts from the previous week which had a total of 43,652 net contracts.Speculative positions have now risen for eight straight weeks and by a total of +36,859 net contracts over that time-frame to level at the best standing since February 7th when net positions totaled +51,559 contracts.The commercial traders position, categorized by the CFTC as hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -51,639 contracts on the week. This was a weekly loss of -6,813 contracts from the total net of -44,826 contracts reported the previous week.

WTI Crude oil futures stayed supported after a massive tumble in last session as equities managed to edge up somewhat receding global geopolitical concerns. Crude tumbled more than 3% on Friday and consolidated around $47.70 per barrel today. MCX Crude oil futures are trading at Rs 3054 per barrel, up 0.30% on the day amid sideways trading so far.Economic data was good today. Japan core machine orders surged a seasonally adjusted 8% on month in July, standing at 853.3 billion yen, following the 1.9% decline in June. Japan's tertiary industry activity index gained 0.1% month-on-month in July, reversing a 0.2% drop in June and flat growth in May, data from the Ministry of Economy, Trade and Industry showed Monday.Persistent gains in the euro due to external factors can hurt the outlook for euro area inflation, while an economic improvement could offset the negative impact of a strong currency arising from expectations of tighter policy stance in future, European Central Bank Executive Board member Benoit Coeure said Monday.

Heavy correction is been noted in the Copper markets. The prices have been started derailing after the speculation emerged that Copper will not be able to sustain with Chinese triggers. The metal showed a downfall to the tune of Rs 11 per kg or 2.5%. The metal tested a high of Rs 446 per kg but was last seen at Rs 434 per kg. Stockists selling emerged amid lower demand from industrial users. While, zinc and tin gained owing to fresh demand from alloy industries.Meanwhile, Copper giant in terms of production, Chile, is expected to keep tight vigil on the Copper prices and spending. Copper, which accounts for about half of Chilean exports, rose as high as $3.18 per pound in international markets this week, up 44 percent in the past year. Every one cent increase in the average copper price for the year represents $50 million extra revenue for the government. Copper at a three-year high and money pouring back, the government will keep tight control over spending, narrowing the fiscal deficit.

Hurricane Irma, one of the largest hurricanes ever recorded in the Atlantic, caused significant damage to the northeastern Caribbean and is currently projected to make landfall this weekend, according to the US Energy Information Administration (EIA). Current model forecasts project that Hurricane Irma will then pass along or just offshore the east coast of Florida, although the actual storm track could change from current projections. To help analysts assess potential energy-related storm effects, EIA maintains an energy disruptions map that displays energy infrastructure and real-time storm information.Hurricane Irma initially made landfall in the Caribbean as a Category 5 hurricane with sustained wind speeds of more than 185 miles per hour, which made it the second-largest hurricane ever recorded and tied it with the 1935 Florida Keys hurricane as the largest Atlantic hurricane to make landfall. In advance of the storm, states of emergency were declared in the U.S. Virgin Islands, Puerto Rico, and Florida. Thirty counties in Georgia are also under a state of emergency, as are the states of North Carolina and South Carolina.Significant power outages have already been reported in the U.S. Virgin Islands, with the islands of St. Thomas and St. John reporting that all customers had lost power. The Puerto Rico Electric Power Authority has reported more than one million outages. As Hurricane Irma approaches Florida, high winds, flooding, and storm surge have the potential to affect energy infrastructure such as power plants as well as power transmission and distribution lines. Utilities in the state are preparing for high levels of power outages, and officials in Florida are making plans to shut down two nuclear power plants—Turkey Point and St. Lucie—prior to the arrival of the storm.The last major hurricane—those rated Category 3 or higher—to make landfall in Florida was Hurricane Wilma in 2005. Hurricane Wilma caused widespread power outages in the state. Florida Power and Light, the largest utility in the state, reported more than three million customer outages. In 2016, Hurricane Matthew, which did not make direct landfall in the state, caused more than one million outages.EIA’s energy disruptions map displays key layers of energy infrastructure, including oil refineries, power plants, and major electric transmission lines, and real-time storm information from the National Weather Service. The web page also contains links to the U.S. Department of Energy’s Emergency Situation Reports and other websites that provide updates on the effect of severe weather on energy infrastructure. In addition, EIA's U.S. Electric System Operating Data tool provides near real-time information on electricity demand and can show areas where electricity service has been disrupted.

Steady trend continued in chana market due to limited supplies of pulses in both domestic and global market. The NCDEX October futures added 0.26 percent to close at Rs 6169 per quintal. As per the latest release from Ministry of Agriculture, the total sown area of kharif pulses as on 8th September 2017, as per reports received from States, stands at 139.17 lakh hectares against 144.84 lakh hectares. This was mainly due to crop diversification by farmers. On the other side, weak production trend was also seen in major pulses exporting nation such as Canada. The Canadian Pulses Board stated that for 2017-18, lentil production is forecast to fall by 16% to 2.7 Mt. Seeded area is expected to be offset by higher yields than the previous year. There was a 25% fall in seeded area from 2016-17, with the majority of the decrease in red lentil types.

Key benchmark indices continued to languish near the flat line in early afternoon trade in the absence of any substantial cues to perk up sentiment. At 12:17 IST, the barometer index, the S&P BSE Sensex rose 9.94 points or 0.03% at 32,412.31. The Nifty 50 index lost 2.95 points or 0.03% at 10,144.60. Market sentiment was lackluster amid mixed trend in Asian bourses.The S&P BSE Mid-Cap index rose 0.11%. The S&P BSE Small-Cap index advanced 0.22%. Both these indices outperformed the Sensex.Overseas, Asian stocks traded mixed as investors awaited clues from the outcome of Federal Reserve monetary policy meeting later in the global day. US stocks closed at record high yesterday, 19 September 2017 as the Federal Reserve kicked off a two-day monetary policy meeting yesterday.Market participants are largely expecting interest rates to remain unchanged. However, Fed is expected to announce the unwinding of its $4.5 trillion balance sheet.Closer home, the breadth, indicating the overall health of the market, was positive. On the BSE, 1,238 shares rose and 1,124 shares declined. A total of 135 shares were unchanged.Key telecom stocks viz. Idea Cellular and Reliance Communications declined after the Telecom Regulatory Authority of India (Trai) yesterday, 19 September 2017, slashed the interconnect usage charge (IUC) to 6 paise per minute from earlier 14 paise a minute with effect from 1 October 2017 and abolished it all together for all local calls starting 1 January 2020. Idea Cellular (down 2.29%) and Reliance Communications (down 0.74%) edged lower. Bharti Airtel was up 0.25% at Rs 395.70. Bharti Infratel was unchanged.The move is perceived as a big blow to older telecom firms and a potential boost to newcomer Reliance Jio Infocomm (RJio), the telecom subsidiary of Reliance Industries (RIL). Shares of RIL were up 1.67% at Rs 854.FMCG stocks declined. Nestle India (down 1.21%), Hindustan Unilever (down 1.11%), Procter & Gamble Hygiene and Health Care (down 0.83%), Godrej Consumer Products (down 0.5%), Marico (down 0.47%) and Britannia Industries (down 0.27%) edged lower. Dabur India (up 0.22%) and Colgate-Palmolive (India) (up 0.2%) gained.Strides Shasun rose 1.51% at Rs 1,023.40 after the company announced that it has received approval from the United States Food & Drug Administration for Omega-3-Acid Ethyl Esters Softgel capsules, a generic version of Lovaza. The announcement was made before market hours today, 20 September 2017.

       COPPER: -850 MT

       ZINC: -1850 MT

       LEAD: -1025 MT

       NICKLE: -1194 MT

       ALUMINIUM: -13575 MT

LME Cancelled Warrants

       COPPER: -[0.05]

       ZINC: -[0.18]

       LEAD: -[]

       NICKLE: -[0.08]