The local market saw some signs of a negative day in the second half of the trading session for profit booking. The Bank Nifty index outperformed the Nifty by 0.3%. The Nifty Pharma Index is one of the best-performing stocks with a close of 1.3%, adding new long positions with shares such as Dr. Reddy’s,…
Brent crude is up 22 cents or 3% in August. Up to $76.40. As Iran’s oil export hike is delayed, investors will hold an OPEC meeting this week and then renew the nuclear deal in connection with the U.S. and Iran war, which will continue until October 2018. Oil prices have risen for the past…
$ 1900 loss to gold gains and levels for the first week on Friday. But the difference was in the yellow metal for a long time. Gold for the previous month at the New York’s Comex was, at $1,777.80, up just 10 1.10 or 0.1%. The weekly gain was slightly less anemia, 80 8.80 or…
Friday was oil rise, but investors were waiting for the OPEC meeting, so the week ended with small gains in an otherwise volatile session. Brent oil futures rose 0.03% to .55.5.5.5, while WTI futures rose 0.04%. 73.33. Recent gains in black oil pushed to a higher buying area at the beginning of the week, indicating…
Earlier this week, the U.S. announced a rate hike. Gold rose in Asia on Friday morning as investors digested mixed signals from Federal Reserve officials. Gold futures rose 0.06% to 77,777.70 at 12:27. The dollar, which normally moves in the opposite direction to gold, fell on Friday but was lower than the two-month high of…
Benchmark indices rose for the second straight session, buying interest was seen in the bank, and metal stocks were seen selling pressure on selected FMCG stocks in a different way. The improved prospect of credit growth along with the improved outlook for credit also led to the resumption of banking stocks. The S&P BSE Sensex…
Gold fell in Asia on Thursday morning, with investors waiting for U.S. economic data to further measure inflationary pressures. A reinforcing dollar puts a cloth on the appeal of the yellow metal. Gold futures were down 0.45% at $ 1,775.35. The dollar, which normally moves against gold, rose to an 11-week high on Thursday. After…
Oil rose in Asia on Thursday morning, followed by the U.S. Fuel demand is bright as crude and fuel supplies are declining. Brent oil futures were up 0.05% at $ 75.23 and WTI futures were at $ 73.08. U.S. Department of Energy Information Management. Crude oil supply data, stocks fell in the fifth week, the…
Markets saw a positive trading day as bank buying was seen throughout the day, with the Bank Nifty index surpassing the Nifty index 1 0.1%. Both codes were completed in green. The Nifty ID Index is one of the best performings with 3% higher closing, adding new long positions with shares such as TCS, HCL…
The SGX Nifty is at 15,768.80, up 74.80 points. The Nifty had a weak session the day before the derivation of contracts expired, with foreign investors booking profits and expiring between 15,700-15,800. As investors see more traction in smaller and midcap stocks, midcap gains are expected. More volatility is expected today as markets are being…
