COMEX Copper saw modest bargain buying today but losses in equities capped upside. The red metal moved up from six week low and currently trades up 0.41% at $3.42 per pound. However, weak equities and firm US dollar capped advances. MCX Copper futures are up 0.64% at Rs 637.70 per kg. Asian markets saw mostly mixed activity on first session of the week. European shares […]
The offer received bids for 72.56 lakh shares as against 87.12 lakh shares on offer.
The headline equity indices registered impressive gains on Monday, shrugging off negative global cues. After opening a tad below the 17,550 level, the Nifty 50 index witnessed strong buying, which pushed the index above the 17,650 mark. Shares rose across the board with media, metals, banks and financials gaining the most. The barometer index, the S&P BSE Sensex, advanced 442.65 points or 0.75% to 59,245.98. […]
COMEX Gold futures are hovering around seven week low amid firm US dollar and lack of buying support. The US dollar index is holding above 110 mark. The metal currently trades down marginally at $1721 per ounce. The overall trend in Gold is likely to be choppy given the solid slide in European equities. Powered by Capital Market – Live News
The G seven economies on Friday agreed to impose a price cap on Russian oil in an attempt to reduce Moscows ability to fund its war in Ukraine without further stoking global inflation. Finance ministers from the G7 group of countries that comprises the United States, Japan, Canada, Germany, France, Italy and the United Kingdom ? said they would ban the provision of services which […]
Firm domestic equities supported the Indian rupee appreciate against the dollar on Monday. Rupee appreciated 8 paise to close at 79.79 (provisional) against the US dollar on Monday, in line with a firm trend in domestic equities. However, the strengthening of the American currency in the overseas market restricted the rupees gain. At the interbank forex market, the local unit opened at 79.84 against the […]
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