Showing posts with label Base Metals. Show all posts
Showing posts with label Base Metals. Show all posts

Monday, 19 November 2018

कमोडिटी न्यूज़ : कच्चे तेल की कीमतों में कमी , रुपया में शानदार रिकवरी


कच्चे तेल की कीमतों में कमी आई है , शुरुआती तेजी हवा हो गई है.  कच्चा तेल ०.५% निचे कारोबार कर रहा है। ग्लोबल मार्किट में भी बढ़त में कमी आई है. शुरुआत में इसका दाम १.५% उछला था. नेचुरल गैस के भाव में आई शुरूआती तेजी में भी कमी आई है, हालाँकि इसके भाव अभी ८% ऊपर है.  बेस मेटल के भाव में भी कमी आई है इसके भाव ०.५% -१% तक टुटा गए है.
रुपया में शानदार रिकवरी है, दिन के निचले स्तर से रुपया करीब 50 पैसे मजबूत हो गया है। डॉलर की कीमत 71.60 रुपये के नीचे तक आ गई है।
अग्रि कमोडिटीज में,  कैस्टर 2 दिनों से लगातार टूट रहा है। आज भी इसमें आज 4 फीसदी का निचला सर्किट लग गया है, वहीं चना भी कमजोर है, कपास खली 1.5 साल के ऊपरी स्तर से 1.5 फीसदी फिसल गई है। वहीं रुपये में आई मजबूती से ग्वार में भी जोरदार गिरावट पर कारोबार हो रहा है.


MCX कमोडिटी निवेश सलाह के लिए यहाँ क्लिक करें। 

Wednesday, 4 October 2017

Kalyan Jewellers lines up Rs. 135.00 crore investment in Uttar Pradesh


Kerala-based Kalyan Jewellers has lined up investment of about Rs 135 crore to expand its track in the market in Uttar Pradesh. The Indian jewellery store chain, Kalyan Jewellers, which already run a company owned retail store in Noida, on today, 4th October 2017, announced to launch its 116th outlet in Lucknow.

As stated by the Executive Director of Kalyan Jewellers, Mr. Ramesh Kalyanaraman, the company have invested close to Rs 75.00  crore in the Lucknow market and by the end of this financial year, its third UP store would materialize in Kanpur. “Uttar Pradesh was a big market and contributed almost 10% to the country’s jewellery segment, which is still dominated by the local unorganized players. Before entering this market, proper diligence and market research had conducted to explore flourishing prospects in the business. We found that our brand provided the perfect proposition to the state customers taking into account of the product, design and value”, Kalyanaraman added.

The company has also under planning to launch new stores in other cities of the North, including Bhopal and Indore. The company claims a dedicated customer base of almost 1.5 million with 70% repeat buyers.

Kalyanaraman informed over the past few weeks, the domestic jewellery segment had registered an unpick in demand and the players were optimistic that the momentum would further pick up in the months ahead.


Gold prices rose after hitting a 7-week low US dollar retreats


Price of Gold advanced on Wednesday 4th October 2017, after hitting a 7-week low in the last session, sustained as the USD pulled back from 45-days high against a basket of currencies. At the morning hours, spot gold had risen 0.3% to USD 1,275.34 per ounce and touched its lowest since middle August at USD 1,267.76 on Tuesday.

As per economic point of view, the price of Gold has steadied in last one day, with a hindering US dollar contributing to the move. Further, Long liquidation throughout last fourteen days has put gold on a more sound footing. However, the dollar on Wednesday shed gains against a basket of main currencies over assumption that Donald Trump’s choice for the next US Fed Reserve chair may not be so aggressive against previously forethought.

Among other precious metals, silver rose 0.8% to USD 16.72 an ounce. Palladium jumped 0.7% to USD 921 an ounce while Platinum was 0.5% higher at USD 912 an ounce.


Meantime, Indian rupee made stronger against the USD ahead of the RBI bi-monthly policy outcome due late hours on Wednesday. The rupee opened at 65.34 per USD and was trading at 65.35 v/s dollar, up 0.24% from its last day’s close of 65.50. So forth this year, the domestic currency has gained 4%, while FPIs have bought USD 5.51 billion in equity market and USD 20.05 billion in debt market.

Wednesday, 15 March 2017

Sensex, Nifty tepid as Fed rate decision eyed

Benchmark indices continued to be indifferent in the afternoon trade as investors awaited Federal Reserve rate decision due tonight. The S&P BSE Sensex, was down 44.52 points or 0.15% at 29,398.11, while the Nifty 50 index was down 2.20 points at 9,084.80, on closing. The BSE Mid-Cap index rose 1.06% and the BSE Small-Cap index rose 0.66%. Both the index outperformed the Sensex. The market breadth, signaling the overall health, was positive. About 1,411 shares advanced against 1,398 declining shares on the BSE. A total of 188 shares were unchanged.
IT stocks were the main laggards today on surging rupee. BSE IT was down 1.8% dragged by TCS and Infosys going down 2% each and making them the big losers on BSE Sensex.
US stocks crossed lower yesterday, 14 March 2017, as a continual slump in oil prices that put pressure on energy shares and as investors await the outcome of the two-day Federal Reserve's policy meeting later today. The probable increase in interest rate would be the first of likely three this year.

Monday, 25 April 2016

Stock Market Poor Opening for This Week

In Indian rituals a weak opening may bring bad fortune, but nothing is sure when talking about the Trade Market. Although, the Indian Stock Market made a poor opening of Monday Morning Session, but the Commodity Market is still standing up to support the Indian Economy. Along with the Sensex and Nifty, the other Asian Indexes are also trading with minor loss. The Sensex is trading at 25708.45 with the loss of 129.69 points and Nifty is trading at 7863.05 with the fall of 36.25 points. The Indian Precious Metals are trading good by holding up the positive leads, but the Base Metals seems to  be dropping low. Currently, Gold is running at 29137 with the hike of 116 points and Silver is trading at 40102 with the gain of 117 points, while Crude oil is down by 51 points and struggling at 2885.


Monday, 28 March 2016

Gold Silver Down, Indian Market Moving Slow After Holidays

After a long break, finally Stock Market opened on Monday with green sign, but very soon the market received an unexpected fall down. Currently, Sensex is moving at 25277.19 with the loss of 60.37 and Nifty is moving at 7702.40 with the loss of 14.10 points. After the worldwide analysis, most of the Global Market seems to falling down. In global market, Japanese Index Nikkei 225 is trading at 16983.33 with the loss of 19.42 points and Hong Kong's Index Hang Seng is trading at 20345.61 with the loss of 269.62 points. BSE Auto, Oil & Gas, IT & TECk sectors are in positive zone and except them all others are facing loss. With the hike of 1.95% the stock of BPCL has climbed up to the level of 885.40 and moving as the top gainer today, following by Ambuja Cements, Adani Ports and Kotak Mahindra. In MCX Commodity Market, Gold Silver and Natural Gas contracts are moving with loss and except them all other Base Metals commodities are trading on positive side. Gold Live at 28377 with the loss of 222 points, Silver is at 36572 with the loss of 97 points whether Crude oil is live at 2673 with the hike of 15 points.

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