The benchmark indices ended with modest losses on Thursday. Major selling was witnessed during the final hour of the trading session. PSU banks, realty and consumer durables stocks were in demand while IT, pharma and financial services shares tumbled. Trading was volatile due to expiry of monthly F&O contracts on the NSE today. The Nifty opened with gains and hit the days high of 17,726.50 […]
The Cabinet Committee on Economic Affairs has approved the proposal for amendment of policy of exemption for Wheat or Meslin Flour (HS Code 1101) from export restrictions/ ban. The approval will now allow putting a restriction on the export of Wheat Flour which will ensure a curb on rising prices of wheat flour and ensure food security of the most vulnerable sections of the society. […]
Copper saw some gains today, benefitting from weak US dollar and mostly steady risk appetite. Asian markets saw cautious trades. European shares edged up marginally. The Dow and the S&P 500 snapped a three-day losing streak. COMEX Copper is currently trading up 1% at 3.68 per pound. The red metal is holding up just under its one and half week high and traders seem to […]
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