JPMorgan Says Commodities : With agricultural prices soaring, metal prices hitting the highest in years and oil well above $50 a barrel, JPMorgan Chase & Co. is calling it: Commodities appear to have begun a new supercycle of years-long gains.
Dhanlaxmi Bank Seeks Clean Break From Infighting-Riddled Past
After a prolonged leadership crisis, old-generation private lender Dhanlaxmi Bank Ltd. is attempting a fresh start under new chief executive officer Shivan JK, who took over on Jan. 28. His appointment, unlike that of his predecessor, was backed by 99.8% of the bank’s shareholders and later confirmed by the Reserve Bank of India.
buy Nifty Bank Futures 35800 —35700 target price 37000+ SL Paid
buy Nifty Bank Futures 35800 —35700 target price 37000+ SL Paid.
Affle India Shares Rise 8.9%; Trading Volume Surges
Affle India Ltd. rose 8.9% with its trading volume at nine times the daily average. The stock was the best performer among its peers.
Gold Gains for Third Day on Weaker Dollar, U.S. Stimulus View
U.S. Stimulus : Gold climbed to a one-week high as the dollar and real U.S. Treasury yields declined, with investors weighing prospects for a fast-tracked stimulus package in the U.S.
Silver and Gold Prices Slip more than Rs 8,000 From Record Highs
Silver and gold prices inched higher for the fourth consecutive day in domestic markets on Wednesday, following the positive international trend in global rates.
MCX Copper Market Technically Under Fresh Buying – Neal Bhai
MCX Copper yesterday settled up by 1.52% at 629.55 as dollar languished near its lowest in a week as investors began entertaining doubts about the scale of a recent rally driven by expectations of a faster pandemic recovery in the United States than elsewhere.
Copper Prices Pulling Back in the next Coming Weeks, Buy on Dips
Copper prices this could be an opportunity to buy the dip. They see potential for copper prices pulling back in the next coming weeks for the following reasons: