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Topic :- Time:2.30 PM
Nifty is trading flat and dull big trades should be avoided.
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Topic :- Time:12.40 PM
COPPER Trading View:
COPPER is trading at 425.80. If it breaks and trade below 425 level then some decline is possible in it and if it manages to trade and sustain above 426.30 level then some upmove can follow in it.
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Topic :- Time:12.25 PM
At least 224 killed as buildings crumble in Mexico after 7.1 magnitude quake:
A magnitude 7.1 earthquake stunned central Mexico today, killing at least 224 people, including 117 in the capital, said Interior Minister Miguel Osorio Chong. Thousands fled into the streets in panic, and many stayed to help rescue those trapped.
The dead included at least 21 children crushed beneath a primary school that collapsed on Mexico Citys south side during the 7.1-magnitude quake, authorities said.
Dozens of buildings tumbled into mounds of rubble or were severely damaged in densely populated parts of Mexico City and nearby states. Mayor Miguel Angel Mancera said buildings fell at 44 places in the capital alone as high-rises across the city swayed sickeningly.
Hours after the quake, rescue workers were still clawing through the wreckage of a primary school that partly collapsed in the citys south looking for any children who might be trapped. Some relatives said they had received Whatsapp message from two girls inside.
The quake is the deadliest in Mexico since a 1985 quake on the same date killed thousands. It came less than two weeks after another powerful quake caused 90 deaths in the countrys south.
Luis Felipe Puente, head of the national Civil Defence agency, tweeted Tuesday night that the confirmed death toll had risen to 139.
His tweet said 64 people died in Morelos state, just south of Mexico City, though local officials reported only 54. In addition, 36 were killed in the capital, 29 in Puebla state, nine in the State of Mexico and one in Guerrero state, he said.
The count did not include one death that officials in the southern state of Oaxaca reported earlier as quake-related. Mancera, the Mexico City mayor, said 50 to 60 people were rescued alive by citizens and emergency workers in the capital. Authorities said at least 70 people in the capital had been hospitalised for injuries.
The federal interior minister, Miguel Angel Osorio Chong, said authorities had reports of people possibly still being trapped in collapsed buildings. He said search efforts were slow because of the fragility of rubble.
It has to be done very carefully, he said. And time is against us.
At one site, reporters saw onlookers cheer as a woman was pulled from the rubble. Rescuers immediately called for silence so they could listen for others who might be trapped. Mariana Morales, a 26-year-old nutritionist, was one of many who spontaneously participated in rescue efforts.
She wore a paper face mask and her hands were still dusty from having joined a rescue brigade to clear rubble from a building that fell in a cloud of dust before her eyes, about 15 minutes after the quake.
Morales said she was in a taxi when the quake struck, and she got out and sat on a sidewalk to try to recover from the scare. Then, just a few yards away, the three-story building fell.
A dust-covered Carlos Mendoza, 30, said that he and other volunteers had been able to pull two people alive from the ruins of a collapsed apartment building after three hours of effort.
We saw this and came to help, he said. Its ugly, very ugly.
Alma Gonzalez was in her fourth floor apartment in the Roma neighbourhood when the quake pancaked the ground floor of her building, leaving her no way out, until neighbours set up a ladder on their roof and helped her slide out a side window.
Gala Dluzhynska was taking a class with 11 other women on the second floor of a building on trendy Alvaro Obregon street when the quake struck and window and ceiling panels fell as the building began to tear apart.
She said she fell in the stairs and people began to walk over her, before someone finally pulled her up.
There were no stairs anymore. There were rocks, she said.
They reached the bottom only to find it barred. A security guard finally came and unlocked it.
The quake sent people throughout the city fleeing from homes and offices, and many people remained in the streets for hours, fearful of returning to the structures.
Alarms blared and traffic stopped around the Angel of Independence monument on the iconic Reforma Avenue.
Electricity and cellphone service was interrupted in many areas and traffic was snarled as signal lights went dark.
The US Geological Survey said the magnitude 7.1 quake hit at 1:14 pm (2:15 pm EDT) and was centred near the Puebla state town of Raboso, about 123 kilometres southeast of Mexico City.
Puebla Governor Tony Gali tweeted there were damaged buildings in the city of Cholula, including collapsed church steeples.
Earlier in the day, workplaces across Mexico City held earthquake readiness drills on the anniversary of the 1985 quake, a magnitude 8.0 shake that killed thousands of people and devastated large parts of the capital.
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Topic :- Time:12.00 PM
Nifty is trading flat ahead of Fed outcome. Nifty spot is trading at 10144. If it manages to trade and sustain above 10150 level then expect some quick upmove in the market however 10170 will act as immediate resistance to watch out for and if it breaks and trade below 10130 level then some profit booking can be seen in Nifty. Avoid big trades for the time.
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Topic :- Time:12.00 PM
Just In:
224 dead after powerful 7.1 earthquake in Mexico, says government: news agency AFP.
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Topic :- Time:11.00 AM
News Wrap Up:
1. Bad news likely soon for HNIs, businesses paying less advance tax than previous year
2. Tata Steel and Thyssenkrupp sign MoU for JV
3. SBI Lifes $1 billion IPO opens today
4. 7.1 magnitude quake kills nearly 150 in Mexico
5. Trai cuts interconnect charges to 6 paise a minute
6. Bharti Airtel, Idea Cellular slip; Reliance hits new high as Trai cuts interconnect usage charge
7. Shell crackdown: Govt makes public names of over 55,000 debarred directors
8. 18 McDonalds outlets reopen in Delhi
9. Equity funds sitting on Rs 50,000-crore cash pile
10. L&T gains on winning contract worth Rs 1,700 crore in Kuwait
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Topic :- Time:10.55 AM
Just In:
India third worst-hit country by natural disasters: UN chief
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Topic :- Time:10.40 AM
After positive opening nifty is now trading in negative zone. Nifty spot if breaks and trade below 10140 level then some softness can be seen in the market and if it manages to trade and sustain above 10160 level then some upmove can be witnessed in the Nifty.
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Topic :- Nifty Opening Note
Indian Stock Market Trading View For 20 Sept,2017:
Nifty to turn volatile as the day progresses. Good stock specific movement is expected in the market.
Nifty spot if manages to trade and sustain above 10180 level then some upmove is expected in the market and if it breaks and trade below 10120 level then some profit booking can be seen in the market.
Please note this is just opening view and should not be considered as the view for the whole day.
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