Markets saw a volatile day of trading as the board weighed the profit margin during the final trading session. The Nifty index outperformed the Bank Nifty by 0.5%, the previous close was slightly higher and then closed in the red. The Nifty Auto Index closed 1.25% higher among the best performers, while Maruti Suzuki topped…
Chicago corn futures fell 1.5% on Monday as rains eased traders’ worries about limited global distribution and put pressure on prices. Soybeans fell 1%, while strong Chinese demand saw lower losses, while wheat was lower. Tobin Corey, director of the Commonwealth Bank’s agricultural strategy, said: “Weekend rains in arid regions will reduce crop stress for…
Copper continued to decline on Monday, reaching its lowest level since mid-April, as commodity price rallies and the U.S. After China restricts signals from the Federal Reserve, it will tighten monetary policy sooner than expected. On the London Metal Exchange (LME), benchmark copper fell 0.4% to $ 9,108.50 a tonne, hitting $ 9,011 at 1051…
Crude oil stocks fell for the fourth week in a row Crude fell on Tuesday as investors paid for the latest rally, but market sentiment remained firm in hopes of a quick recovery in oil demand in the US and European markets and a return on Iranian crude. Brent crude futures for August were down…
The SGX Nifty is at 15,844.50, up 95.65 points. The Nifty had a very volatile session as the morning notes were very weak globally, with the Japanese Nikkei falling over 1000 points, reaching the index number 15505 in early trading. However, the mid-session buy / short cover index recovered all losses and rose by 70…
Airtel for Tata’s O-Ron based network solution Reliance Jio is partnering with Bharti Airtel to launch 5G network solutions for India to build its own 5G telecommunications network based on open source technologies. The Tata Group has developed an O-Ron-based Radio & NSA / SA core and integrates a domestic telecommunications hierarchy to enhance team…
Markets saw a volatile day of trading as the pendulum swung. Both the Bank Nifty and the Nifty index closed around their highs, recovering their first-half losses in the second half of trading. Shares of the bank topped the list with shares such as SBI, ICICI Bank, and HDFC Bank. The Nifty PSU Bank Index…
Gold rose in Asia on Monday morning, hitting the US. Increased treasury yields by retreating. Gold futures rose 0.33% to $ 1,774.85. U.S. Yellow metal fell 6% in the previous week to its worst week since March 2021, after the Federal Reserve made a surprisingly bad position when it issued its latest policy decision. The…
Oil prices soared on Monday, strong demand during the summer driving season and the suspension of talks to renew Iran’s nuclear deal could lead to a resumption of crude supplies from OPEC manufacturers. Brent crude for August 0825 GMT was up 23 cents, or 0.3%, at $ 73.74 a barrel. U.S. for July West Texas…
Markets saw a volatile day today. Both the Bank Nifty and the Nifty Index closed slightly lower, losing their first half at the close of trading. Hindustan Unilever topped the big cap stocks, up 3% on new long-term gains, while Adani Port and Adani End closed with strong gains, narrowing. Nifty Midcap 100 index closed…
