News Overview

All India Gem and Jewellery Domestic Council (GJC), the Apex industry body representing the jewellery sector in India as a trade federation of over 3 lakh gems and jewellery ventures is celebrating the Indian Jewellery fraternity with their B2B Expo at Jio World Convention Centre in Mumbai.

The large base metals speculators sharply added to their net long positions in the Copper futures markets last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of 30581 net contracts in the data reported through week ended March 29 2022. This was a weekly spurt […]

The Issue closes on Tuesday, April 5th 2022.

Large precious metals speculators slightly raised their net long positions in the Silver futures market last week, according to the latest Commitment of Traders (COT) data. The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of 48240 net contracts in the data reported through week ended March 29 2022. This was a gain of 293 net […]

The WTI Crude Oil futures rose today on worries over more sanctions on Russia from Europe following alleged war crimes by Russian troops in Ukraine added to concerns on supplies. The Iran nuclear talks also remained stalled. The WTI Crude oil futures are currently up 1.50% at $105 per barrel. Media reports stated that the International Energy Agency (IEA) was still working out details for […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 99 points at the opening bell. The Reserve Bank of India (RBI) Governor-headed rate setting panel will be holding its meeting from April 6-8. Inflation is picking up in India, but the countrys central bank is likely to maintain its loose policy even as its global […]

Australia services sector continued to expand in March, with a services PMI score of 55.6, the latest survey from S&P Global revealed on Tuesday. Thats down from 57.4 in February, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction. This marked the second consecutive month in which business activity in the Australia service sector rose. Growth of new work […]

US factory orders fell by 0.5 percent in February after surging by an upwardly revised 1.5 percent in January, a report released by the Commerce Department on Monday showed. The pullback in factory orders came as durable goods orders tumbled by 2.1 percent in February following a 1.5 percent spike in January. On the other hand, the report showed orders for non-durable goods shot up […]

Here is the important stock market news to watch out for today.

Asian indices opened flat with most indices giving up early gains & trading mildly in the red.