The unemployment rate in Japan came in at a seasonally adjusted 2.5 percent in August, the Ministry on Internal Affairs and Communication reported. The jobs-to-applicant ratio was 1.32, surpassing expectations for 1.30 and up from 1.29 in the previous month. The participation rate was 62.9 percent – matching forecasts and unchanged from the previous month.Powered by Commodity Insights
The Aluminium inventories fell on LME in last session, extending a recent slide. The inventories fell by 1525 tonnes to 334100 tonnes- marking their lowest level in two and half weeks.Powered by Commodity Insights
For the October series, analysts at IIFL Capital Services will be cautious on Nifty and believe this round of correction has potential to take the index back to 16350 levels.
The key equity indices marched to the days high and traded with strong gains in the early afternoon trade. The Nifty scaled above the 17,000 mark after hitting the days low of 16,747.70 in the early trade. PSU Bank stocks advance for the second day in a row. The Reserve Bank of India (RBI) increased the repo rate by 50 basis points to 5.9% with […]

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