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Large energy speculators sharply added to their net long positions in the WTI Crude Oil futures market last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 385781 contracts in the data reported through week ended January 17, 2022. This was a weekly […]
Australia consumer prices climbed 3.5 percent on year in the fourth quarter of 2021, the Australian Bureau of Statistics said on Tuesday, up from 3.0 percent in the third quarter. On a quarterly basis, consumer prices rose 1.3 percent, up from 0.8 percent in the three months prior. Powered by Commodity Insights
COMEX Gold stayed well supported amid intense selling pressure in global equities and good safe haven demand on the Russia-Ukraine crisis. A deep slide in Bitcoin, which fell near a six month low also supported the commodity and COMEX Gold currently trades flat at $1840 per ounce, not far from its recent two month high. MCX Gold futures ended at Rs 48600 per 10 grams, […]
Indian Energy Exchange reported a 38.2% rise in consolidated net profit to Rs 80.36 crore on a 37.9% rise in net sales to Rs 117.54 crore in Q3 FY22 over Q3 FY21.
In 9M FY22, PAT was at Rs69cr, a significant growth of 158.2% yoy as against Rs27cr in 9M FY21.
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The large base metals speculators sharply increased their net long positions in the Copper futures markets last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of 22310 net contracts in the data reported through week ended January 17, 2022. This was a weekly jump of […]
Hero Motocorp (HMCL) said that its board has approved an investment of up to Rs 700 crore in one or more tranches, in Hero FinCorp (HFCL).
The Indian rupee is expected to stay on the side lines with a negative bias in early trades on Tuesday, 25 January 2022 amid strength in the dollar overseas. Besides, weak global cues and sustained foreign fund outflows from Indian markets are also likely to weigh down the Indian unit. Meanwhile, all eyes have shifted to the upcoming Fed policy for further cues. On Monday, […]

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