LME Nickel inventories continued to turn lower. The stockpiles of the metal fell 582 tonnes to 51882 tonnes – lowest level in two months. Powered by Commodity Insights
Chinas retail sales rose 5.4 percent year on year in August, data from the National Bureau of Statistics (NBS) showed Friday. This showed an improvement from a 2.7 percent increase registered in July. The countrys retail sales of consumer goods totaled 3.63 trillion yuan in August, according to the NBS. In the first eight months, retail sales rose 0.5 percent year on year to 28.26 […]
The key equity barometers continued to trade with steep losses in the early afternoon trade. Negative global cues dampened the investors sentiment. The Nifty hovered below the 17,700 level. Barring the Nifty Private Bank index, all the other sectoral indices on the NSE traded in the red. At 12:29 IST, the barometer index, the S&P BSE Sensex, was down 700.52 points or 1.17% to 59,233.49. […]
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