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MCX shares rise 2% as JPMorgan upgrades, raises target price after this Sebi proposalShares of Multi Commodity Exchange (MCX) rose more than 2% after Sebi proposed widening foreign portfolio investors’ access to physically s...
Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities fell sharply as escalating West Asia tensions lifted crude oil prices and weakened the rupee, raising inflation concerns. S...
Gold rally snaps after 9 weeks as 3 factors lead retreat. Crash or buying opportunity ahead?Gold’s record-breaking rally is set to pause after nine straight weeks, with prices down 4% amid profit-taking, a stronger dollar, and rene...
Gold Price Prediction: Gold prices off Rs 6,500 from peak. Time to buy now?Gold futures opened lower at MCX, mirroring international trends, while silver also saw a dip. This decline marks a significant fall from g...
Commodity Talk: MOFSL expert explains why gold’s supply tightness in UK may not impact Indian yellow metal prices materiallySo, before we get into the assessment, I would just like to highlight what really happened. So, there was a premium arbitrage between COMEX...
Sensex & Nifty take a breather after record sprint, profit-booking in bank stocks spoils investors’ moodThe S&P BSE Sensex and Nifty 50 both reached new record highs before retreating slightly. The Sensex ended the day at 79,033, down 0.27%, w...
Sensex extends record rally to 3rd session, ends above 79K, Nifty tops 24,000Heavyweights RIL, HDFC Bank, and ICICI Bank were among the biggest contributors to Nifty's rise. Sectorally, buying was noticed in banks, F...
Gold Price Today: Yellow metal hits fresh lifetime high of Rs 69,487, gains Rs 1,800/10 grams in opening tradeGold prices hit a lifetime high of Rs 69,487 on Monday, driven by global factors. Anuj Gupta advises buying MCX June gold at Rs 67,900 and ...
Metals Outlook: Concerns over slower global growth outlook, feeble demand from ChinaWeak economic indicators from China and concerns over global growth are hampering demand for industrial metals, with most trading at lower ...
Domestic gold prices rise to record highs on Fed pivot, US banking sector woesThe government-led deal fueled optimism that the worst of the banking sector turmoil might be over, prompting a recovery in risky assets. T...
Gold rate today slip to Rs 49,000 level as business outlook improvesIn the spot market, gold in the national capital witnessed muted trading and was marginally up by Rs 57 to Rs 49,767 per 10 gram on Monday,...
MCX, NSE in talks to team up for bigger exchange playThe strengths of both exchanges makes such a merger expedient, according to industry experts.
What is wrong with silver? This is the question everybody is askingSilver prices look particularly undervalued right now. But will the scenario change?
IndiGo brings in new names in Indian IPO marketBankers to IndiGo IPO are Citigroup Global Markets India, JPMorgan India, Morgan Stanley, Barclays Bank, Kotak Mahindra & UBS Securities In...
Hindustan Zinc climbs 6% after Glencore's production cut announcementShares of Hindustan Zinc climbed 6 per cent in Friday's trade after Glencore said it would cut zinc production by 5,00,000 tonnes.
Sensex reclaims 28000, rallies over 100 points; ten stocks in focusThe S&P BSE Sensex has reclaimed 28,00 mark, rallying as much as 131 points in trade on Tuesday.
Sensex falls after rallying over 100 points; top ten stocks in focusNifty also slipped below its crucial psychological support level of 8200, weighed down by losses in auto, capital goods, IT and metal stock...
Ten stocks in focus in Friday morning tradeIndian markets are expected to trade in a range. Here is a list of ten stocks which are likely to be in focus today.
- Commodities may gain 4 per cent in June
Copper, Gold, Silver rose 1-8 per cent for the previous week on MCX. Commodities may gain close to 4 per cent in June.
- Copper at $10,000/tonne as recovery fuels demand
Brokers in the local commodity futures market are upbeat on the prospects of copper even as the metal made a new high of $10,000 a tonne on...