Prices for copper fell -0.23%, ending the day at 712.25. This decline was caused by a number of causes, including the Federal Reserve’s cautious approach, anxieties about a probable government shutdown in the United States, and worry about decreased industrial demand as a result of a slowing Chinese economy. A stronger dollar and rising bond…
Prices for cotton candy stayed the same at 60520, with investor mood being affected by worries over Chinese demand. Pink bollworm infection in the Haryana cotton belt is adding to market concerns. According to the 2023–24 Cotton Outlook, the cotton sector is struggling with major declines in both output and consumption on a global scale….
According to a survey by Kotak Institutional Equities, steel prices in India have started to firm up, with long/flat prices rising 10%/4% over the previous two months. The firm domestic demand and the most recent jump in the price of raw materials, it was stated, are driving the price strength. “Weaker monsoon and seasonal restocking…
At a time when IT services majors like TCS and Infosys are experiencing negative to sub-1.5% quarter-on-quarter (q-o-q) growth, the top five listed IT engineering services companies have risen by 1.1-9.8% q-o-q. During the first quarter of the current fiscal year, the average q-o-q revenue increase for IT services firms was -4.9%. In comparison, revenue…
Oil prices fell in early trade on Tuesday due to worries that fuel demand will be hampered by major central banks maintaining higher interest rates for a longer period of time, even if supply is anticipated to be constrained. U.S. West Texas Intermediate crude futures were trading 1 cent lower at $89.67 while Brent crude…
The government updated the stock holding limits for several entities on Monday and prolonged the time frame for the current stock limitations on tur and urad by two months until December 31 of this year. The Food and Consumer Affairs Ministry has decreased the stock restrictions at the depot for wholesalers and large chain shops…
Godrej Properties Ltd on Monday said it has sold around 670 homes worth over Rs.2,000 crore in its Godrej Tropical Isle project located in Sector 146, Noida. “This is Godrej Properties’ most successful launch ever in terms of sales value and volume. The project was launched in August 2023 within nine months of acquisition of…
Earlier in the month, the rupee weakened and fell to an all-time low after data showed the trade deficit widened to a 10-month high of $24.2 billion in August from $20.7 billion the previous month. At the end of the week, JP Morgan announced the inclusion of India in its emerging market index. The Index…
As a result of greater supply offerings, prices for turmeric recently dropped by -0.39% to settle at 14378. Reports of helpful rainfall for standing crops, which increased farmer confidence, were the main factors in this decline. However, given that the cultivation of turmeric has declined in regions like Maharashtra, which has caused price trends to…
Oil prices increased on Monday as traders concentrated on a tighter supply outlook following Moscow’s temporary restriction on gasoline exports while avoiding any interest rate increases that may stifle demand. After ending the previous trading day 3 cents down, Brent crude futures increased 48 cents, or 0.5%, to $93.75 a barrel. U.S. West Texas Intermediate…
