News Overview

In MT Group

The US shares continued downside move on Monday, 11 April 2022, dragging the Dow, the Nasdaq Composite, and the S&P500 indexes significantly below neutral line, due to the Feds hawkish message on quantitative tightening along with lingering worries over the economic costs of war in Ukraine and a worsening coronavirus outbreak in Shanghai. At the close of trade, the Dow Jones Industrial Average index dropped […]

In MT Group

MCX Gold futures shot up above Rs 52700 mark in last session. Prices fell sharply from these levels though as the upper Bollinger Band on daily as well as 4 hourly charts came into play. Prices can fall till 51800 mark- the 20 period SMA on 4 hour chart. But overall picture looks steady with possible buying emerging in 51800-52000 mark. Powered by Commodity Insights

The inspection commenced on 04.04.2022 and concluded on April 08, 2022, the company said.

Surging American dollar supported by spiking treasury yields ahead of US inflation data is expected to bring the Indian rupee under pressure in opening trades on Tuesday, 12 April 2022. Besides, overnight rebound in crude oil prices are likely to further dampen rupee sentiments. On Monday, rupee pared initial gains to settle almost flat at 75.94 against the US dollar. At the interbank foreign exchange […]

Crude oil futures have slipped in tune with global cues as selling stayed in place in the commodity after the recent break under $100 per barrel mark for WTI futures. The counter currently trades at $95.66 per barrel, witnessing good support around three week low. Oil was hurt after the International Energy Agency (IEA) has announced that its member countries will be releasing a whopping […]

Under this agreement, RITES and IIT-Delhi intend to bring in best practices by leveraging each other’s expertise and technologies to optimise operations and expand on a global level.

COMEX Copper futures slipped near one week low of $4.65 per pound. Asia Pacific stocks were mostly down on Tuesday morning and bonds extended a selloff, which left the benchmark 10-year U.S. Treasury yield at the highest since 2018. Investors continue to monitor high inflation, tighter US monetary policy, and the COVID-19 lockdowns in China. Powered by Commodity Insights

COMEX Gold futures edged up near a two week high as sentiments stayed well supported ahead of US inflation reading. Gold managed to move up above $1950 per ounce despite broad US dollar strength. Broad pricing pressure remains elevated globally, keeping Gold supported. The UN Food and Agriculture Organizations (FAO) food price index averaged 159.3 points in March, up from the previous months 141.4 points, […]