Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Cipla Shares Rise 4.2% On Heavy Trading Volume – Shares of the drugmaker rose 4.2 percent to Rs 579, the highest level since March 12. Trading volume …
Gold Silver Reports – Crude Oil Up on Syria Tensions, Neal Bhai Reports – The prospect of military action in Syria that could lead to confrontation with Russia hung over the Middle East but there was no sign a U.S.-led attack was imminent. Traders sought to lock in long crude oil positions ahead of the weekend, said John Kilduff, Partner at hedge fund Again Capital Management.
Gold Silver Reports (GSR) – Gold trending up, But Still Stalled by Hawkish Fed – Gold has risen more than 3 percent this year, buoyed by international tensions and volatility in equities, but has yet to emerge from a tight trading range in the face of an expectation for rising U.S. interest rates, traders say.
Gold Silver Reports (GSR) – Russian Aluminum Giant’s U.S. Creditors Trapped by Sanctions — The company’s bondholders have until May 7 to sell $1.6 billion of dollar-denominated securities, but haven’t been able to because the two biggest intermediaries won’t facilitate trades, according to people familiar with the matter. That leaves those creditors of United Company Rusal at risk of having their investments frozen by the U.S. Treasury Department and being forced to write off the debt.
Gold Silver Reports (GSR) – Commodities has rarely been stronger, according to Goldman Sachs Group Inc. With raw materials rallying on escalating political-tensions across the globe and economic growth remaining strong, the bank’s analysts including Jeffrey Currie doubled down on their “overweight” recommendation. They reiterated a view that commodities will yield returns of 10 percent over the next 12 months, according to an April 12 note.
Gold Silver Reports (GSR) – Indian equity benchmarks came off intraday highs as gains in TCS, Kotak Mahindra Bank and Hindalco were offset by losses in Bharat Petroleum, Axis Bank, State Bank of India and Indian Oil.
The S&P BSE Sensex rose 0.26 percent or 90 points to 34,192 and the NSE Nifty 50 index advanced 0.2 percent or 22 points 10,481.
Manipal Has Offered A Complex Deal To Fortis: Sunil Kant Munjal ✅ With the current bid we want to ensure Fortis becomes debt free ✅ Will pay Rs …