Natural gas prices rose by 2.05% to 347.8, despite a decline in daily output and higher-than-expected demand forecasts for the next two weeks. Gas stockpiles remain 5% below normal levels due to extreme cold in January and February. Average gas production in the Lower 48 states fell to 104.4 billion cubic feet per day in…
According to data provided by S&P Global on Wednesday, India’s manufacturing activity made up ground lost in February and reached its highest level in eight months in March, at 58.1 compared to 56.3 the previous month. According to the most recent reading, the sector’s health had significantly improved and was above its long-term average. As…
Ahead of former US President Donald Trump’s tariff deadline, investors were on edge, as the benchmark indices Nifty and Sensex continued to decline on April 1. The sell-off was led by Nifty IT and Pharma, which are the stocks most vulnerable to any trade shocks, and then banking stocks. Fear swept the Street as the…
The government is being forced to increase purchases of pulses and oilseeds at their respective minimum support prices (MSPs) because the mandi prices of most of these products are below these MSPs. Trade sources attribute the decline in market prices to liberal imports and encouraging harvest prospects. In contrast to the MSP of Rs 7550/quintal…
Due to rising financial instability, the price of gold has surpassed the historic $3,100 threshold. Amid worries over Trump’s trade war, gold saw strong demand as a haven, pushing it above $3,100 on Monday to record an all-time high. At the moment, gold is trading at $3,111, the intraday high on the global market. Reports…
The RBI reported on Friday that the nation’s foreign exchange reserves increased by USD 4.529 billion to USD 658.8 billion in the week ending March 21. The total reserves rose by USD 305 million to USD 654.271 billion over the previous reporting week. The kitty, which has been on a downward trajectory lately due to…
For derivative contracts on specific indices, the National Stock Exchange (NSE) has announced adjustments to the market lot sizes. The changes will affect traders and investors who engage in Nifty Bank and Nifty Mid Select index derivatives as of April 25, 2025. The BANKNIFTY market lot will climb from 30 to 35 as a result…
Jeera prices increased slightly by 0.13% to 22,585, driven by domestic demand and export activity, especially from Gulf countries. However, supply constraints, including limited arrivals from Rajasthan and a delayed new crop in Gujarat, also contributed to the increase. India’s cumin production for 2023-24 is estimated at 8.6 lakh tonnes, a significant increase from the…
Strong inflows of foreign funds helped the rupee rise 33 paise to 85.4625 vs. the US dollar on Friday, its highest level in three months. In addition, the domestic currency saw its largest monthly increase in more than six years in March, rising 2.17%, the most since November 2018. During the week, foreign portfolio investors…
Originally planned to start on Tuesday, April 4, the NSE has delayed the implementation of the futures and options (F&O) expiry, which was supposed to start on Monday. The Securities and Exchange Board of India (Sebi) recommended in a consultation paper that all equity derivatives contracts on an exchange should only expire on Tuesdays or…
