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The special MPC meet convened in May 2022 marked a drastic shift in the stance of the MPC

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The key equity barometers declined further and hit fresh intraday lows in early afternoon trade. The Nifty traded below the 15,900 mark. Pharma shares witnessed some bit of profit booking after a 2-day rally. Global cues were weak amid fears over rampant inflation. At 12:28 IST, the barometer index, S&P BSE Sensex was down by 1231.61 points or 2.27% to 52,976.92. The Nifty 50 index […]

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Copper stayed supported on a slight drop in the global Copper output and firm demand trends. COMEX Copper is currently trading up 0.25% at $4.18 per pound. WBMS data showed that global copper market recorded a deficit of 189 kt in January to March 2022 which follows a deficit of 473 kt in the whole of 2021. Reported stocks (including LME off warrant stocks) at […]

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