The government is gearing up to launch the gold monetization scheme around Diwali with an interest rate of 1.5-2% on gold deposits.As regards the sovereign gold bond scheme, the government aims to raise Rs 15,000 crore and the timing of the launch will be decided consultations with the Reserve Bank.
Continuing its slide for a fourth consecutive day, gold prices on Thursday dipped below Rs 25,000, having lost Rs 40 to trade, reaching its lowest in over four-year at Rs 24,980 per 10 grams (g) at the domestic bullion market.
This document provides daily and weekly levels for various commodities traded on the MCX and NCDEX exchanges. It also includes international and domestic news related to commodities like bullion, energy, base metals, and agricultural commodities traded on the exchanges. The news discusses movements in gold, crude oil, copper, zinc, and nickel prices. It also mentions steps taken by FMC to reduce evening trading time for some agri commodities and Maharashtra's plans to use cloud seeding to generate artificial rainfall and save kharif crops.
This document provides daily and weekly support and resistance levels for various commodities trading on the MCX and NCDEX exchanges. It also includes brief summaries of recent international and domestic news related to commodities such as gold, silver, crude oil, aluminum, copper, refined soya, chana, jeera, castorseed, and rape mustard seed. Additionally, it contains a legal disclaimer from Ways2Capital regarding the information presented.
The document provides daily and weekly technical analysis levels for various commodities trading on the MCX, NCDEX and forex markets. It also includes weekly buy and sell calls, and summaries recent news and price movements for commodities like gold, crude oil, and metals. The document is a weekly newsletter analyzing commodity market conditions.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Gold scaled higher on Friday, further off a four-month low, as the dollar tumbled against the euro on signs of progress in Greece's efforts to secure fresh funding. Spot gold was up 0.2 percent at $1,161.88 an ounce by 1029 GMT.
Gold rose to a two-week high on Friday as the Federal Reserve's decision to leave US interest rates unchanged weighed on the dollar and added to uncertainty over the timing of the first rate hike in a decade. Spot gold was up 0.5 per cent at $1,136.06 an ounce, having earlier touched
$1,138.80, keeping it on track to snap a three-week losing streak.
1. The document provides daily and weekly price levels for various agricultural commodities traded on the NCDEX and MCX exchanges in India.
2. It also includes a weekly newsletter section summarizing international and domestic news and developments related to precious metals, base metals, energy, and various agricultural commodities.
3. The document highlights updates on sowing areas and production prospects for various crops in India and other countries that impact supply and price expectations.
Continuing its slide for a fourth consecutive day, gold prices on Thursday dipped below Rs 25,000, having lost Rs 40 to trade, reaching its lowest in over four-year at Rs 24,980 per 10 grams (g) at the domestic bullion market.
This document provides daily and weekly levels for various commodities traded on the MCX and NCDEX exchanges. It also includes international and domestic news related to commodities like bullion, energy, base metals, and agricultural commodities traded on the exchanges. The news discusses movements in gold, crude oil, copper, zinc, and nickel prices. It also mentions steps taken by FMC to reduce evening trading time for some agri commodities and Maharashtra's plans to use cloud seeding to generate artificial rainfall and save kharif crops.
This document provides daily and weekly support and resistance levels for various commodities trading on the MCX and NCDEX exchanges. It also includes brief summaries of recent international and domestic news related to commodities such as gold, silver, crude oil, aluminum, copper, refined soya, chana, jeera, castorseed, and rape mustard seed. Additionally, it contains a legal disclaimer from Ways2Capital regarding the information presented.
The document provides daily and weekly technical analysis levels for various commodities trading on the MCX, NCDEX and forex markets. It also includes weekly buy and sell calls, and summaries recent news and price movements for commodities like gold, crude oil, and metals. The document is a weekly newsletter analyzing commodity market conditions.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Gold scaled higher on Friday, further off a four-month low, as the dollar tumbled against the euro on signs of progress in Greece's efforts to secure fresh funding. Spot gold was up 0.2 percent at $1,161.88 an ounce by 1029 GMT.
Gold rose to a two-week high on Friday as the Federal Reserve's decision to leave US interest rates unchanged weighed on the dollar and added to uncertainty over the timing of the first rate hike in a decade. Spot gold was up 0.5 per cent at $1,136.06 an ounce, having earlier touched
$1,138.80, keeping it on track to snap a three-week losing streak.
1. The document provides daily and weekly price levels for various agricultural commodities traded on the NCDEX and MCX exchanges in India.
2. It also includes a weekly newsletter section summarizing international and domestic news and developments related to precious metals, base metals, energy, and various agricultural commodities.
3. The document highlights updates on sowing areas and production prospects for various crops in India and other countries that impact supply and price expectations.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
The document provides daily and weekly price levels for various commodities traded on the MCX and NCDEX exchanges in India. It also includes international and domestic news related to commodity price movements. Key points from the document include:
- Gold prices on MCX fell by Rs. 60 due to weak global cues and easing domestic demand from jewelers. Imports in the first 8 months of 2015 were 40% higher than the same period last year.
- Nickel and zinc prices on MCX fell slightly due to weakness in base metals on the LME following weak US manufacturing data. Aluminum prices declined 1.45% due to trimming of positions and sluggish domestic demand.
- Crude
Gold prices fell by Rs 50 to Rs 25,958 per 10 grams in futures trade on Wednesday amid a weak global trend.At Multi Commodity Exchange, gold for October contacts fell by Rs 50, or 0.19%, to Rs25,958 per 10 grams in a business turnover of 354 lots.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Commodity Research Report 07 December 2015 Ways2Capitalways2capitalindore
Goldman Sachs said on Friday that oil prices will likely remain "lower for even longer," as OPEC members failed to agree on a new production ceiling at the cartel's meeting in Vienna.
Iraq's government would consider selling crude through Iran should talks with the autonomous Kurdish region on an oil revenue-sharing agreement fail, a senior oil ministry official in Baghdad told Reuters.
China's factories suffered their fastest drop in activity in a year in April as new orders shrank, a private business survey showed on Monday, hardening the case for fresh policy stimulus to halt a slowdown in the world's second-largest economy. The HSBC/Markit Purchasing Managers'
Index (PMI) fell to 48.9 in April - the lowest level since April 2014 - from 49.6 in March, as demand faltered and deflationary pressures persisted.
This document provides daily and weekly price levels and analysis for various commodities traded on the NCDEX and MCX commodity exchanges in India. It includes price ranges for futures contracts expiring that day and week for commodities like soybean, jeera, dhaniya and more. It also provides a weekly market summary with international and domestic news and analysis that may impact price movements.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
The finance ministry is considering introducing measures to stop malpractices of importing pure gold under that garb of dore bars or unrefined gold. It may ask jewellers and refiners to follow know your
supplier, clients norms prescribed by the Organisation for Economic Co-operation and Development
The central government has asked state governments to use e-auctions to procure agricultural commodities as part of efforts to create a national common market. NCDEX's mandi modernisation programme has linked all APMCs in Karnataka electronically, allowing farmers to get a single state price. NCDEX is also working to unify mandis in other states like Telangana, Andhra Pradesh, Punjab, Haryana and UP through its Unified Market Platform. The exchange has also launched forward trading in commodities for farmers to sell their produce.
Gold prices edged lower on Friday as stocks firmed and the US dollar rose on expectations the Federal Reserve would raise interest rates by the end of the year. Spot gold was down 0.1 per
cent at $1,256.50 an ounce by 0257 GMT. The metal was on track to end the week mostly flat.
Plunging iron ore prices are providing a lifeline for some of China's biggest steel mills, but
raising the prospect of a rising tide of exports and increased friction with the European Union
and countries such as India.
The Washington-based lender expects the developing East Asia and Pacific (EAP) region,
which includes China, to grow 6.7 percent in each of 2015 and 2016, down from 6.9 percent
growth in 2014. That's down from its previous forecast in October of 6.9 percent growth this
year and 6.8 percent in 2016. China's growth is likely to slow due to policies aimed at putting
its economy on a more sustainable footing and tackling financial vulnerabilities, the World
Bank said in its latest East Asia and Pacific Economic Update report on Monday.
Commodity Research Report 28 December 2015 Ways2Capitalways2capitalindore
The document provides daily and weekly technical analysis levels for various commodities trading on the MCX, NCDEX and forex markets. It also includes brief international and domestic news updates on precious metals like gold and silver, crude oil, natural gas and other agricultural commodities. The technical analysis levels and calls can help traders and investors with entry and exit points, while the news updates provide context on supply and demand factors impacting commodity prices.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Commodity Research Report 30 November 2015 Ways2Capitalways2capitalindore
Gold futures were down by Rs 37 to Rs 25,244 per 10 gram today as participants trimmed their positions. In futures trading, gold for delivery in December traded Rs 37, or 0.15% lower at Rs
25,244 per 10 gram in a business turnover of 350 lots at the Multi Commodity Exchange
U.S. industrial production rose more than expected in July, according to Federal Reserve datareleased on Tuesday.
The Labor Department said on Tuesday that the flat reading in its Consumer Price Index was
The Federal Reserve should be cautious on interest rate increases due to lingering risks to the U.S. economy, one of its most influential policymakers said on Monday, appearing to signal the chance of a hike by the end of the year was fading.
Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to an output freeze continued to drag on prices.
NIFTY FIFTY : - The Equity benchmark Nifty opened flat on Monday down by 5 points or 0.05 percent at 8710. After a splendid rally last week that pushed Nifty towards 9000
levels, profit booking was seen on the last trading day with both banking as well as IT
NIFTY FIFTY : - The Equity benchmark Nifty 50 opened in a Negative bias on Monday down by 24 points or 0.26 per cent at 8807. Nifty was positive for the last week despite
Friday’s selling. The benchmark Nifty has a major Support of 8790 which the index is
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
The document provides daily and weekly price levels for various commodities traded on the MCX and NCDEX exchanges in India. It also includes international and domestic news related to commodity price movements. Key points from the document include:
- Gold prices on MCX fell by Rs. 60 due to weak global cues and easing domestic demand from jewelers. Imports in the first 8 months of 2015 were 40% higher than the same period last year.
- Nickel and zinc prices on MCX fell slightly due to weakness in base metals on the LME following weak US manufacturing data. Aluminum prices declined 1.45% due to trimming of positions and sluggish domestic demand.
- Crude
Gold prices fell by Rs 50 to Rs 25,958 per 10 grams in futures trade on Wednesday amid a weak global trend.At Multi Commodity Exchange, gold for October contacts fell by Rs 50, or 0.19%, to Rs25,958 per 10 grams in a business turnover of 354 lots.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Commodity Research Report 07 December 2015 Ways2Capitalways2capitalindore
Goldman Sachs said on Friday that oil prices will likely remain "lower for even longer," as OPEC members failed to agree on a new production ceiling at the cartel's meeting in Vienna.
Iraq's government would consider selling crude through Iran should talks with the autonomous Kurdish region on an oil revenue-sharing agreement fail, a senior oil ministry official in Baghdad told Reuters.
China's factories suffered their fastest drop in activity in a year in April as new orders shrank, a private business survey showed on Monday, hardening the case for fresh policy stimulus to halt a slowdown in the world's second-largest economy. The HSBC/Markit Purchasing Managers'
Index (PMI) fell to 48.9 in April - the lowest level since April 2014 - from 49.6 in March, as demand faltered and deflationary pressures persisted.
This document provides daily and weekly price levels and analysis for various commodities traded on the NCDEX and MCX commodity exchanges in India. It includes price ranges for futures contracts expiring that day and week for commodities like soybean, jeera, dhaniya and more. It also provides a weekly market summary with international and domestic news and analysis that may impact price movements.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
The finance ministry is considering introducing measures to stop malpractices of importing pure gold under that garb of dore bars or unrefined gold. It may ask jewellers and refiners to follow know your
supplier, clients norms prescribed by the Organisation for Economic Co-operation and Development
The central government has asked state governments to use e-auctions to procure agricultural commodities as part of efforts to create a national common market. NCDEX's mandi modernisation programme has linked all APMCs in Karnataka electronically, allowing farmers to get a single state price. NCDEX is also working to unify mandis in other states like Telangana, Andhra Pradesh, Punjab, Haryana and UP through its Unified Market Platform. The exchange has also launched forward trading in commodities for farmers to sell their produce.
Gold prices edged lower on Friday as stocks firmed and the US dollar rose on expectations the Federal Reserve would raise interest rates by the end of the year. Spot gold was down 0.1 per
cent at $1,256.50 an ounce by 0257 GMT. The metal was on track to end the week mostly flat.
Plunging iron ore prices are providing a lifeline for some of China's biggest steel mills, but
raising the prospect of a rising tide of exports and increased friction with the European Union
and countries such as India.
The Washington-based lender expects the developing East Asia and Pacific (EAP) region,
which includes China, to grow 6.7 percent in each of 2015 and 2016, down from 6.9 percent
growth in 2014. That's down from its previous forecast in October of 6.9 percent growth this
year and 6.8 percent in 2016. China's growth is likely to slow due to policies aimed at putting
its economy on a more sustainable footing and tackling financial vulnerabilities, the World
Bank said in its latest East Asia and Pacific Economic Update report on Monday.
Commodity Research Report 28 December 2015 Ways2Capitalways2capitalindore
The document provides daily and weekly technical analysis levels for various commodities trading on the MCX, NCDEX and forex markets. It also includes brief international and domestic news updates on precious metals like gold and silver, crude oil, natural gas and other agricultural commodities. The technical analysis levels and calls can help traders and investors with entry and exit points, while the news updates provide context on supply and demand factors impacting commodity prices.
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Commodity Research Report 30 November 2015 Ways2Capitalways2capitalindore
Gold futures were down by Rs 37 to Rs 25,244 per 10 gram today as participants trimmed their positions. In futures trading, gold for delivery in December traded Rs 37, or 0.15% lower at Rs
25,244 per 10 gram in a business turnover of 350 lots at the Multi Commodity Exchange
U.S. industrial production rose more than expected in July, according to Federal Reserve datareleased on Tuesday.
The Labor Department said on Tuesday that the flat reading in its Consumer Price Index was
The Federal Reserve should be cautious on interest rate increases due to lingering risks to the U.S. economy, one of its most influential policymakers said on Monday, appearing to signal the chance of a hike by the end of the year was fading.
Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to an output freeze continued to drag on prices.
NIFTY FIFTY : - The Equity benchmark Nifty opened flat on Monday down by 5 points or 0.05 percent at 8710. After a splendid rally last week that pushed Nifty towards 9000
levels, profit booking was seen on the last trading day with both banking as well as IT
NIFTY FIFTY : - The Equity benchmark Nifty 50 opened in a Negative bias on Monday down by 24 points or 0.26 per cent at 8807. Nifty was positive for the last week despite
Friday’s selling. The benchmark Nifty has a major Support of 8790 which the index is
The Equity benchmark has opened in a positive note on Monday, the
Nifty50 is up by 10 points or 0.12 per cent at 8166. The Nifty has rallied almost 500 points
in last six to seven trading sessions
The Market has started off week on a positive note, tracking global cues post US job data.The Nifty50 climbed 38 points to 7751 and 0.43 per cent. Asian market is also opened in a positive note tracking the US market on Monday.
NIFTY FIFTY : - Indian Markets witnessed magnificent rally on Friday on the back of rate cut hopes from RBI's Monetary Policy review due in December. Index Nifty saw a sharp upside rally of 132 points
from a low of 8006 to make a high of 8138 and finally closed at 8118. The Nifty open in a Negative note
The Federal Reserve held short-term interest rates steady and officials lowered projections of how
much they’ll raise them in the coming years, signs that persistently slow economic growth and low
inflation are forcing the central bank
European Central Bank head Mario Draghi said that "growth is too low everywhere" in the
19-country eurozone despite a modest recovery. Draghi made the blunt remark as he opened a
conference on the unemployment problem plaguing several of the European Union member
countries that share the euro currency.
The document provides daily and weekly price levels and analysis for various commodities trading on the MCX, NCDEX and forex markets. It includes the following key points:
- Most metals rose led by zinc and nickel, while natural gas and crude oil prices were mixed for the week.
- The FOMC minutes signaled a likely rate hike in June boosting the US dollar and weighing on gold and silver.
- Supply disruptions in Nigeria, Venezuela and US shale bankruptcies are tightening oil supplies despite global inventories remaining high.
The equity benchmark has opened in a Positive bias on Monday with 50 Shares Nifty50 up 90 points or 1.05 per cent at 8413. The Nifty50 reclaimed its Crucial level of 8400 for the first time in last 10 Month.
The step down in job gains could temper expectations of a strong rebound in economic activity in the second
quarter after growth nearly stalled in the first three months of the year
The Market opened in positive Note on Monday with equity
benchmark Nifty 50 up by 29 points or 0.33 percent above at 8712. Indian markets remained upbeat post the passage of the Goods and Services Tax bill even as the
The document provides a technical analysis of the Nifty 50 and Bank Nifty futures indexes. It notes that both indexes opened lower on Monday due to weak global cues. For Nifty, key support levels are seen at 7,700 and 7,600-7,516, while resistance is at 7,780-7,850. For Bank Nifty, support is at 16,300-16,100 and resistance at 16,500-16,750. The analysis also provides daily, weekly and monthly resistance and support levels for both indexes going forward as well as commentary on moving averages and parabolic SAR indicators.
NIFTY FIFTY : - The Indian Equity benchmark Nifty 50 opened in a positive note on Monday up by 29 points or 0.33 per cent at 8612. Benchmark Index Nifty traded in a very
small range of 48 points on Friday, Nifty has taken support of its two month's low of
Gold prices closed at the lowest level in nine months on Friday as expectations for higher U.S. interest rates continued to cloud the demand outlook for the precious metal.
Gold scaled higher on Friday, further off a four-month low, as the dollar tumbled against the
euro on signs of progress in Greece's efforts to secure fresh funding. Spot gold was up 0.2 per cent at $1,161.88 an ounce by 1029 GMT
Gold prices on Friday fell by Rs 320 to trade at Rs 25,050 per 10 gm and silver cracked the Rs. 34,000-level to trade at about five-year low at the bullion market here due to a weak trend in global market and slackened demand from jewelers and retailers.
1. The document provides daily and weekly price levels for various agricultural commodities traded on the NCDEX and MCX exchanges in India.
2. It also includes a weekly newsletter section summarizing international and domestic news and developments related to precious metals, base metals, energy, and various agricultural commodities.
3. The document highlights updates on sowing areas and production estimates for commodities like jeera, chana, and soybean in India as well as pulses production in other major global producing countries.
The document provides daily and weekly levels for various commodities traded on the NCDEX, MCX, and global exchanges. It also includes news articles summarizing developments in commodity markets like base metals, precious metals, energy, and agricultural goods. Key points from the news include a World Bank revision of growth forecasts for East Asia due to China's economic policies, a surprise drop in China's March exports, and movements in prices of copper, crude oil, natural gas, and other commodities. The document also outlines partnerships between commodity exchanges and developments in India's pulses, oilseeds and spices exports.
Commodity Research Report 02 November 2015 Ways2Capitalways2capitalindore
Gold prices today fell Rs 76 to Rs 26,777 per 10 gram in futures trade amid a weak global trend. At Multi Commodity Exchange, gold delivery in far-month February next year fell Rs 76, or 0.28%, to Rs 26,777 per 10 gram, in a business turnover of four lots.
Gold prices fell Rs 49 to Rs 26,698 per 10 grams in futures trade today as participants trimmed their positions, largely in tune with a weak trend overseas.
Commodity Research Report 26 October 2015 Ways2Capitalways2capitalindore
China's central bank cut interest rates on Friday for the sixth time in less than a year, and it again lowered the amount of cash that banks must hold as reserves in a bid to jump start growth
in its stuttering economy
Commodity Research Report 14 December 2015 Ways2Capitalways2capitalindore
Gold drifted lower on Friday and was headed for the seventh weekly drop in eight weeks as investors positioned for a looming US rate hike. A strong US nonfarm payrolls report last week
cemented expectations of a rate hike at the Federal Reserve's policy meeting on December 15- 16.
Gold continues to show the negative trend. Gold August contract is bearish for both short termand intra day at India's MCX. Gold has fallen back again after a brief recovery earlier this week which ended its worst losing streak in 20 years, after the Federal Reserve hinted at a rate rise in.the near future pushed the dollar towards fresh multi-year highs.
Most emerging Asian currencies rose on Friday to see weekly gains on growing expectations the US Federal Reserve will delay interest rate hikes after soft economic data.Malaysia's ringgit hovered near a two-week high as the economy grew at a faster-than-expected pace in the first quarter and its current account surplus almost doubled. The US dollar stayed around a four-month low against a basket of major currencies as softer-than-expected US producer prices deepened concerns over slowing growth in the world's top economy.
he India Meteorological Department (IMD) said on Sunday that the onset of southwest monsoon over the Kerala coast this
year could be delayed by six days and that the rains would arrive around June 7
Spot silver prices in the international markets declined by 0.57 percent and closed at
$15.67/oz.Last week, spot silver prices in the international markets traded lower in line with
weakness in gold prices ,Strengthening dollar also acted as a negative factor for oil prices
Gold rebounded to a fresh three-week high on Friday, as investor risk aversion lifted appetite for the metal,
putting it on track for a second straight weekly rise. Often perceived as an insurance against economic and
financial concerns,
Commodity Research Report 19 October 2015 Ways2Capitalways2capitalindore
Gold prices fell 0.43 per cent to Rs 27,360 per 10 grams in futures trade, amid a weak trend
overseas and profit-booking by speculators At the Multi Commodity Exchange, gold for
Crude oil prices rose slightly on Friday, ending the week higher, after data from top energy consumers the United States and China boosted the oil demand outlook.
This document provides daily and weekly price levels for various commodities traded on the NCDEX and MCX exchanges in India, along with brief news updates on commodity market movements. Key points include:
- Daily and weekly price ranges for soybean, chana, jeera, castor seed, aluminum, copper, crude oil, gold, lead, natural gas, nickel, silver, and zinc on the NCDEX and MCX exchanges.
- News snippets on recent price movements for commodities like aluminum, crude oil, silver, gold, and natural gas attributed to factors like demand, inventories, and economic data.
- Updates on initiatives by NCDEX like surveys of customer needs and the adoption of new
BULLION Gold fell on Monday as pressure from speculation over a potential increase in U.S. interest rates this
month offset the metal's safe-haven appeal amid widespread weakness across other assets. Spot gold was down almost
Similar to Commodity Research Report 14 September 2015 Ways2Capital (18)
Gold in the European market settled on Monday near the highest in a week sup-ported by the decline of the US dollar against a basket of currencies and thanks to this decline prices on
The Indian Equity market remained remained positive throughout last week as the indices posted a gain of 1.6 percent each largely supported by metal, auto, energy and infra stocks. The Nifty50 index managed to close above 11,000 for the first time since September 2018. Nifty gained 172 points in the truncated week ended March 8. On a weekly basis, the rupee rose over 1
Gold prices continued to fall on Monday dropping through the 1,290 level. The dol-lar continued to gain ground early despite the comment from President Trump that he does not want to see a stronger greenback. Late in the trading session the dollar
The document provides a weekly market update with information on currency exchange rates, stock market indices, commodity prices and economic events. Some key points:
- The Indian rupee depreciated against the US dollar and Japanese yen but appreciated against the British pound.
- Domestic stock market indices like Nifty 50 and Nifty Bank saw weekly gains around 0.5-1%, while metals and media sectors gained over 2%.
- International crude oil and gold prices declined nearly 3% over the week.
- Upcoming economic events include services PMI reports from the UK and US as well as US jobs and unemployment data.
This document provides market wrap-ups and summaries for various commodities across several exchanges including NCDEX, MCX, LME, and COMEX. It includes closing prices and percentage changes for commodities such as gold, silver, crude oil, copper, aluminum, and agricultural products. It also provides upcoming economic events and calendar, weekly pivots and ranges for various currencies and commodities, and fundamental analysis for some commodity markets.
On Wednesday spot gold prices declined 0.13 percent to close at $1266.9 per ounce amid concerns about global economic growth and a partial U.S. government shut down although a rebound in investor risk appetite in the previous session lim-
After a weak start for a truncated week, the Indian indices recovered from the lows and ended with a percent gain. The Nifty was up 0.98 percent, or 105.9 points, to close at 10,859.9. Positive lead from Wall Street and rally in banking & financial stocks lifted investor sentiment. Ending the week with a Hammer candle implies further strength in the index in coming sessions. The
Gold traded on flat note on Friday after jumping more than 1 percent in the previ-ous session boosted by a crumbling dollar and as sliding stocks prompted an influx of safe haven bids after the U.S. Federal Reserve monetary policy stance aug-
This document provides a weekly market update on currency exchange rates, stock market indices, and commodity prices. It includes the weekly percentage changes for various currency pairs, stock market indices in India, and commodity prices. It also lists the top weekly gainers and losers from the stock market. Pivot point levels are provided for analyzing support and resistance levels for Nifty 50 stocks. Options open interest data is also presented.
Gold prices steadied on Friday after slipping to a week low in the previous session supported by the uncertainty around the Federal Reserves next years policy out-look while the dollar strengthened on expectations of a rate hike next week.
Last week our Indian Equity market opened on a gap down not on Monday backed by most of the exit polls results indicating possible defeat of BJP in key states. It remained in pressure till 1st session of the Tuesday where after state assembly results came out in favor of congress. Which lifted the sentiments of the market and it recovered from lower levels and it remained
Gold traded firm near a five month peak hit early on Monday supported by a disap-pointing U.S. jobs data that fuelled speculation that the Federal Reserve may stop
Last week our Indian Equity market opened on negative note and remained bearish throughout the week. The December series kick-started on a volatile note with Nifty making swing high of 10,974 and a swing low of 10,611 to end the week with a loss of 1.4 percent. The IT sector outperformed while huge selling was seen in the pharma sector (mainly Sun Pharma), auto, metals,
Gold prices were steady early on Monday as the dollar weakened on U.S. China trade truce that revived investor demand for riskier assets. Spot gold inched up 0.1 percent to $1,222.97 per ounce at the time of writing. U.S. gold futures were up 0.2
The Nifty Bank index started the last week on positive note on Monday and extended its positive run in most of the trading session in the week . The Bank Nifty ended the November F&O expiry on an optimistic note and well above the previous hurdle of 26,400 to give index closing at 26,914 on positive note on weekly basis with gain of 3.50%. Participation was seen
Gold prices traded on flat note on Thursday after rising to a two week high in the previous session as the dollar slipped with uncertainty on the pace of interest rate hikes by the U.S. Federal Reserve also supporting the metal. Spot gold traded at
Last week our Indian Equity market opened on a gap up note but Nifty failed to hold on to its important resistance levels of 10700 and saw a sharp correction in the last 3 trading session that dragged the index below 10,550. The Nifty index closed at the week’s low level of 10,511 down by almost 1.46 %. Broad-based selling was seen in cement, pharma, technology and metal
Gold prices rose on Friday as investors sought safe haven assets amid fears of a chaotic departure for Britain from the European Union. Spot gold was up 0.2 per-
This document provides a weekly market update with information on currency exchange rates, stock market indices, and commodity prices. It summarizes the weekly performance of various indices such as Nifty, Nifty Bank, and sectoral indices. It also lists the top weekly gainers and losers among stocks. The document concludes with stock-specific pivot point levels and analysis of long and short positions in Nifty options.
Gold prices were steady on Monday having dipped to a one month low in the previ-ous session after the U.S. dollar firmed on the Federal Reserves plans to gradually keep tightening borrowing costs.
Ellen Burstyn: From Detroit Dreamer to Hollywood Legend | CIO Women MagazineCIOWomenMagazine
In this article, we will dive into the extraordinary life of Ellen Burstyn, where the curtains rise on a story that's far more attractive than any script.
Profiles of Iconic Fashion Personalities.pdfTTop Threads
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Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.AnnySerafinaLove
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4. MCX - WEEKLY NEWS LETTERS
INTERNATIONAL NEWS
✍ GOLD
The government is gearing up to launch the gold monetization scheme around Diwali with an
interest rate of 1.5-2% on gold deposits.As regards the sovereign gold bond scheme, the
government aims to raise Rs 15,000 crore and the timing of the launch will be decided in
consultations with the Reserve Bank.
The interest rate on gold bonds, the official said, is expected to be 2-3%.The Cabinet had
yesterday approved the gold monetization and the bond schemes, which were earlier announced
in the Budget with an aim to curb demand for physical gold and fish out idle gold lying with
temples, trusts and households.Sovereign gold bonds will be offered in tranches and the interest
would be payable in the rupee.The proposal to classify gold deposits as CRR and SLR has been
rejected by RBI and hence, it has been withdrawn from the final plan of the scheme.
✍ Silver
Silver prices were up Rs 180 at Rs 36,580 per kg in futures trading on Wednesday as
speculators widened positions amid a firming trend overseas.At the Multi Commodity
Exchange, silver for delivery in far-month March next year rose by Rs 180, or 0.49%, to Rs
36,580 per kg in a business turnover of four lots.On similar lines, white metal for delivery in
December was trading higher by Rs 170, or 0.48%, at Rs 35,833 per kg with a business volume
of 599 lots.Speculators widened positions, tracking a firming trend overseas as the dollar fell,
raising appeal of precious metals.In Singapore, silver climbed 0.5% to $14.87 an ounce today.
✍ Nickel
Amid profit-booking by speculators and weak trend overseas, nickel prices were down by
0.25% to Rs 666.30 per kg in futures trade on Thursday.In addition, a weak trend in metals at
the spot market owing to slack demand from consuming industries put pressure on metal
prices.At Multi Commodity Exchange, nickel for delivery this month was trading down by Rs
1.70, or 0.25%, at Rs 666.30 per kg in a business volume of 304 lots.Metal for delivery in
October too fell Rs 1.50, or 0.22% to Rs 673.50 per kg, in a business volume of 22
lots.Profit-booking by speculators at prevailing levels and reports of a weak trend in the base
metals pack at the London Metal Exchange (LME) after data showed factory prices slumping in
China.Producer prices in China extended a decline to 42 months, underlining sluggish
manufacturing in the world's biggest metals consumer.
5. ✍ Lead
Taking positive cues from the global market and rising demand in the domestic spot market,
lead futures prices on wednesday rose 0.75% to Rs 114.40 per kg as speculators built up
positions.
Lead for delivery in October contracts edged higher by 85 paise, or 0.75%, to Rs 114.40 per kg,
with a turnover of six lots while delivery in current month contracts was up 80 paise, or 0.71%,
to Rs 113.35 per kg in a turnover of 493 lots.Rise was mostly supported by rising demand from
battery-makers in the domestic spot market and firming trend in industrial metals at the London
Metal Exchange.
✍ Copper
Amid subdued domestic demand, copper prices fell by 0.35% to Rs 355.900 per kg in futures
trade on tuesday as traders reduced positions.Fall in copper futures to a weak trend at the
domestic spot markets due to low demand and weak global cues after trade data showed export
and imports contracting.China's exports fell 6.1% year-on-year to 1.20 trillion yuan (around
$188 billion) in August, Customs said, the latest batch of data showing weakness in the world's
second-largest economy.At the Multi Commodity Exchange, copper for delivery in far-month
February next year fell Rs 1.25 or 0.35% to Rs 355.90 per kg in business turnover of eight
lots.The metal for delivery in November shed Rs 1.10 or 0.31% to trade at Rs 350.25 per kg in
a turnover of 428 lots.Globally, for three-month delivery on the London Metal Exchange,
copper traded little changed at $5,148 per tonne.
✍ Crude Oil
Oil prices eased in Asia today as dealers focused on an upcoming US energy report for clues
about production and demand in the world's top crude consumer amid abundant global
supplies.US benchmark West Texas Intermediate for October delivery fell 65 cents to $43.50
while Brent crude for October dropped 76 cents to $46.82 in late-morning trade.The
Department of Energy (DoE) will release its weekly report , a day later than usual because of
Monday's Labor Day holiday.Analysts expect commercial crude-oil inventories rose 250,000
barrels in the week to September 4.
At the same time, the DoE yesterday predicted in a new report that US crude-oil production
would decline through the middle of next year in response to low prices, before picking up
again in late 2016 on an expected recovery in prices.US crude output fell 140,000 barrels per
day in August from July. The government lowered its 2015 production estimate to 9.2 million
barrels per day, 100,000 barrels lower than its month-ago forecast.Even so, total US output this
year is expected to be the highest since 1972.Investors are also keeping an eye on the Federal
Reserve's plans for interest rates as bank policymakers hold a meeting next week, with
speculation they could announce a rise.A hike in borrowing rates would likely push up the
dollar, and with crude priced in the greenback it would make the commodity more expensive
for anyone holding weaker currencies, denting demand.
6. ✍ NCDEX - WEEKLY NEWS LETTERS
Global agri-commodities prices fell sharply to hit seven-year low in August due to ample
supplies, a slump in energy prices and concerns over economic slowdown in China.
Measured by the Food and Agricultural Organization (FAO) of the United Nations, the food
price index averaged 155.7 points in August 2015, down 5.2% from July, the steepest monthly
drop since December 2008, with virtually all major food commodities registering marked dips.
The trade-weighted FAO Food Price Index tracks international market prices for five major
food commodity groups: cereals, meat, dairy products, vegetable oils and sugar.
Triggered by a bumper output in 2015, global cereal price index averaged 154.9 points in
August, down 7% from July and 15.1% from last year - a decline driven by falling wheat and
maize prices that reversed two consecutive months of modest increases. Continued
improvements in production prospects for 2015-16 were largely behind the cereal price slides.
FAO estimates global cereal production in 2015 at 2,540 million tonnes, 13.8 million tonnes
more than expected in July, but still 21 million tonnes (0.8%) below the 2014 record. The
upward revision resulted from more buoyant production prospects for coarse grains, wheat and
rice across the world.
Unfavorable weather condition in the winter harvesting season lowered yield in India.
Consequently, India's overall cereal output is estimated to be lower by 1.8% at 234.1 million
tonnes in 2015, the second year of consecutive decline, from 243.2 million tonnes and 2,38.4
million tonnes in 2013 and 2014 respectively. India's 2015 wheat crop is estimated to decline
by 5% (5 million tonnes) from the 2014 record due to crop damage caused by heavy rains,
strong winds and hail.
Despite concerns about the possible incidence of planting delays, India's overall rice output is
expected to remain higher at 103.5 million tonnes, 0.9% more than the disappointing figure of
last year.
But, India's overall export of foodgrains is estimated to be lower due to a tightening of supplies
and growing domestic requirements. FAO estimates India's rice shipment to be lower by 20%
in 2015.
Meanwhile, the vegetable oil price index averaged 134.9 points in August, down 8.6% from
July, and its lowest level since March 2009. The fall primarily reflected a six-and-a-half year
low in international palm oil prices, mainly the result of slowing import demand, notably by
India and China, amid expectations of rising production.
Also, a substantial drop in prices for milk powders, cheese and butter pushed the August dairy
price index down by 9.1% to 135.5 points, with much of the weakness attributed to softening
import demand from China, the Near East and North Africa.
A sharp fall in the sugar price index - down 10% from July to an average of 163.2 points in
7. August - was largely the result of the continued depreciation of the Brazilian Real against the
US Dollar and firmer expectations that India, the world's second largest sugar producer, will
become a net exporter in the current 2015-16 season.
The state government has directed release of canal water and sufficient power for farmers to
save the rain-deficient kharif crop by irrigation. The council of ministers reviewed the situation
on Wednesday. Rajora declined to comment on the status of crop and damage so far. “A survey
would reveal the situation,” he said.
Shahdol, Satna, Sidhi, Rewa, Katni, Anuppur, Ratlam, Harda, Mandsaur, Badwani and
Neemuch districts have had below normal rain. Some others such as Bhopal, Mandsaur and
Harda have had the normal amount but no rainfall for the past week to three weeks.Of the 12.6
million hectares, 3-3.5 mn might fall “under stress”, say department sources.
Soya had earlier estimated a good crop this season, though there was a prolonged dry spell
during July. Soya was sown on an estimated 11.4 mn ha this season across the country. Last
year, it was 11.1 mn ha and production was 9.96 mn tonnes.The soya industry is already facing
low import duty and an increase in imports of soya oil. Similarly, soyameal exports have
declined by 42% in August to 91,834 tonne against 1,56,942 tonne of oilmeal. Soyameal is
used as animal feed in various countries.
✍ Monsoon deficiency
Agriculture commodities have become dearer by up to 11.5 per cent in the last two weeks on
confirmation by the India Meteorological Department (IMD) of a 12 per cent monsoon rainfall
deficit this year.The July-August period, which normally receives 65 per cent of the season’s
rainfall, has received 16-24 per cent lower rain than the long period average.
“Updated analysis of the most critical atmospheric and oceanic variables for the monsoon
predicts a final seasonal monsoon rainfall value 12 per cent below normal. The updated outlook
all but guarantees the monsoon will end up more than 10 per cent below normal. At these
levels, production of both rabi and kharif crops can suffer,” said Adam Turchioe, weather
research analyst at Thomson Reuters GFMS.“Agriculture commodity prices have firmed up in
the last few weeks due to the monsoon’s unsatisfactory progress. Rainfall was 22 per cent
deficient in August, after the 16 per cent deficit in July. Agriculture commodity prices are likely
to continue to remain firm,” said Naveen Mathur, associate director for commodities and
currencies at Angel Broking.
Castor seed for September delivery is at Rs 4,140 a quintal and at Rs 4,324 three months later
on the National Commodity & Derivatives Exchange (NCDEX). Turmeric for September
delivery is at Rs 8,144 a quintal and at Rs 9,932 for April 2016 delivery.“Traders have started
taking advantage of the arbitrage opportunity in inter-commodity contracts, which has raised
the trading volume in far-month contracts significantly,” said Mathur.Despite deficient
monsoon rain, the kharif acreage was 2 per cent higher at 99.9 million hectares on September 4,
8. 2015, compared with 97.9 million hectares a year ago.“Prices of agriculture commodities have
started moving up and the probability of a further increase remains high with production
already depressed by a poor monsoon last year,” said Gaurang Kakkad, an analyst with
Religare Institutional Research.Barring cotton and jute, acreage under all summer sown crops
was higher. But the higher acreage is projected to yield lower output on weak germination and
plant development.
Chana prices plunged 1.24 per cent to Rs 4,958 per quintal in futures market today as
participants reduced exposure amid ample supplies from producing belts at the spot market
against easing demand.At the National Commodity and Derivative Exchange, chana for
delivery in September dropped by Rs 62, or 1.24 per cent, to Rs 4,958 per quintal with an open
interest of 8,350 lots.
The October contract moved down by Rs 56, or 1.11 per cent, to Rs 5,000 per quintal in
1,57,710 lots.Analysts said offloading of positions by speculators amid higher supplies from
producing regions against decline in demand at spot market at prevailing levels pulled down
chana prices in futures trade.
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