Dear Client,
As part of our ongoing commitment to ensuring the security of your online trading experience, we would like to inform you of our protocol for addressing any suspicious activities observed on your trading account
Should you notice any irregularities or suspect unauthorized access to your account, we kindly request that you take immediate action by following the steps outlined below:
Send an Email Please send an email to stoptrade@acml.in from your registered email ID. In the email, briefly outline the suspicious activity you have observed.
Phone Call Alternatively, you can call us at 07968101000 Ext: 1 from your registered mobile number. This will enable us to address your concerns promptly.
When contacting us, please ensure you provide the following details:
By providing this information, you enable us to swiftly investigate and take appropriate measures to safeguard your account.
Your security and peace of mind are of utmost importance to us, and we appreciate your cooperation in maintaining the integrity of your trading account.
Indian equity indices ended a volatile session with decent gains on Friday. The Nifty closed above the 18,500 level after hitting the day's low of 18,478.40 in morning trade.
The barometer index, the S&P BSE Sensex, advanced 118.57 points or 0.19% at 62,547.11. The Nifty 50 index added 46.35 points or 0.25% at 18,534.10.
The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index gained 0.60% while the S&P BSE Small-Cap index rose 0.57%. The market breadth was strong.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, dropped 4.07% to 11.13.
Fending off a US default, the Senate gave final approval late Thursday to a debt ceiling and budget cuts package, grinding into the night to wrap up work on the bipartisan deal and send it to President Joe Biden's desk to become law before the fast-approaching deadline.
The compromise package negotiated between Biden and House Speaker Kevin McCarthy leaves neither Republicans nor Democrats fully pleased with the outcome. But the result, after weeks of hard-fought budget negotiations, shelves the volatile debt ceiling issue that risked upending the US and global economy until 2025 after the next presidential election.
Among the sectoral indices on the NSE, the Nifty Realty index (up 1.42%), the Nifty Metal index (up 1.22%) and the Nifty PSU Bank index (up 0.98%) outperformed the Nifty50 index. Meanwhile, the Nifty Private Bank index (up 0.21%), the Nifty Oil & Gas index (down 0.67%) and the Nifty IT index (down 0.82%) underperformed the Nifty50 index.
Numbers to Watch:
The yield on India's 10-year benchmark federal paper added 0.07% to 6.984 from previous close of 6.979.
In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 82.3025, compared with its close of 82.4000 during the previous trading session.
MCX Gold futures for 5 June 2023 settlement advanced 0.39% to Rs 60,155.
The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.14% to 103.42.
The United States 10-year bond yield rose 0.22% to 3.619.
In the commodities market, Brent crude for August 2023 settlement gained $1.15 or 1.55% to $75.43 a barrel.
Global Markets:
Markets in Europe and Asia advanced on Friday after the US Senate approved the bill to raise the national debt limit through 2024, thereby fending off a first-ever default by the US on its debt obligations.
The US Senate has passed a House-approved bill to raise the debt ceiling and cap government spending for two years, sending the legislation to President Joe Biden's desk .
No one gets everything they want in a negotiation, but make no mistake: This bipartisan agreement is a big win for our economy and the American people,? Biden said in a statement after the vote.
In a statement after the Senate vote, Moody's said the resolution to the debt ceiling crisis was in line with its expectation and indicated that it was not considering a downgrade of U.S. debt.
Focus now shifts to the Labor Department's closely watched unemployment report for May, due on Friday. The data will help determine whether the Fed sticks with its aggressive rate hikes.
US stocks advanced on Thursday after the U.S. House passed a debt ceiling bill in a crucial step to avoid a default, with the measure moving to the Senate.
Comments from US Fed officials signaled that the Fed is likely to keep the interest rates steady, with Philadelphia Federal Reserve President Patrick Harker saying US central bankers should not raise interest rates at their next meeting.
Powered by Capital Market - Live News