Global tensions following the US’s import tariffs caused FPIs to withdraw Rs 21,272 crore from the Indian equity markets in the first two weeks of this month, continuing their exodus. In January, there was a net outflow of Rs 78,027 crore. Data from the depositories indicated that, with these, the overall outflow by FPIs in…
Aluminium prices rose by 0.55% to ₹257.95 due to supply constraints and expectations of US tariffs not taking effect until April. Shanghai Futures Exchange aluminium inventories declined by 4.9%. Japan’s bargaining power in aluminium premium negotiations weakened due to slow imports and reduced overseas smelters. The People’s Bank of China (PBoC) pledged to support economic…
Silver prices rose 0.37% to ₹95,586 as demand for industrial applications, especially in the electrification and renewable energy sectors, continued to provide support. Silver expectations improved as the US ISM manufacturing PMI rose unexpectedly, indicating improving industrial demand. In addition, India’s ONGC committed Rs. 1 trillion to renewable energy, Global silver demand is forecast to…
Amid volatility brought on by a lack of clarity surrounding Trump’s tariff policy, mixed corporate earnings, persistent FII selling, and the rupee’s depreciation versus the dollar, the Indian market ended a two-week winning streak and recorded its largest weekly losses in two months. While the Nifty50 index dropped 630.67 points, or 2.67%, to finish at…
According to the Cotton Association of India (CAI), India’s cotton production is expected to decline to 301.75 lakh bales in 2024-2025 from 327.45 lakh bales in the last season. Although the quality of cotton is still good, the decline is due to lower yields in Gujarat and the northern states. By January 2025, domestic demand…
According to data released by the Ministry of Commerce and Industry on Friday, the main causes of India’s January 2025 wholesale price index (WPI)-based inflation decline were price increases for the production of food products, food articles, other manufacturing, non-food items, textiles, etc. Compared to the WPI rate of 2.37 percent from the previous month,…
A weakening currency and a collapsing stock market have caused India’s market capitalization to go below $4 trillion for the first time in more than 14 months. The nation, which has the fifth-largest stock market in the world, saw the biggest drop in market value worldwide in 2025, with an 18.33% drop. According to Bloomberg…
Jeera prices rose by 0.75% to settle at 20,780, driven by low-level buying. Indian cumin remains the cheapest globally, attracting international buyers despite weak domestic demand. Farmers hold around 20 lakh bags, with only 3-4 lakh bags expected to be traded by the end of the season. Production is expected to remain stable due to…
Gold prices rose 0.38% to ₹85,809 as the US dollar weakened, concerns over the US president’s potential tax policies and concerns that they could worsen global trade tensions. Traders are now leaning towards a rate cut in July as headline inflation has been higher than expected. After reaching a peak demand of 802.8 metric tonnes…
Cotton candy prices rose by 0.5% to ₹54,100 due to expectations that the Cotton Corporation of India will procure over 100 lakh bales at the Minimum Support Price. The Cotton Association of India revised its crop projections for the 2024-25 season by 2 lakh bales, bringing the total output to 304.25 lakh bales. Domestic consumption…
