✅ DFM Foods to consider for stock split on Aug. 6.
✅ Poddar Housing and Development acquires 5,800 square metres land in Pune, with a saleable area of 1.4 lakh square feet.
✅ Indian Overseas Bank receives communication for infusion of Rs 2,157 crore by the government.
✅ SH Kelkar expects revenue growth this quarter to be moderate.
Gold Silver Reports (GSR) – Last night the US dollar index gained 0.48% to close at 94.96 on Federal Reserve Board chairman Jerome Powell’s remarks that back more rate increases as the economy is growing “considerably stronger”. Robust data from the US industrial production and home builder confidence also provided support.
Gold Silver Reports (GSR) – Wall Street can’t keep its eyes off an exchange-traded fund with leveraged exposure to gold miners that’s already traded more than its size in volume Tuesday.
The Direxion Daily Gold Miners Bull 3X Shares, known by its ticker NUGT, has had more than 80 million shares, worth over $1.8 billion, trade as of 1:19 p.m. in New York. That’s the most volume the $1.2 billion fund has ever seen and 10 times the average daily turnover for the past year.
AAP Asks PM to Address Delhi Govt-LG Power Tussle Issue During Monsoon Session – In the all-party meeting called a day before the commencement of the Monsoon Session of Parliament, AAP leader Sanjay Singh raised the issue of alleged discrimination by the Centre against the Delhi government and hoped that the prime minister would address the issue.
Gold Silver Reports (GSR) – PM Narendra Modi Addresses Media Before Monsoon Session Begins – The government is ready to discuss every possible issue. “Discussion on various important issues is necessary in the upcoming Monsoon session,” PM Modi said, hoping all the parties will make the most of Parliament’s time. “If any party, any member wants to discuss any issue, we are ready to discuss it,” he added. The Prime Minister also urged all political parties to allow the Parliament to function smoothly.
Gold Silver Reports (GSR) – SP and TDP Leaders Raise Slogans in the Well of the Lok Sabha – Samajwadi Party and Telugu Desam Party MPs are currently raising slogans in the well of the Lok Sabha for two different reasons. While the SP is protesting the rising incidents of mob lynchings, TDP leaders are demanding special status for Andhra Pradesh.
MCX Gold Silver Trader Enjoy or Not – Kya Bola Tha Gold Silver Sell Karo Jitna Dam ho — Neal Bhai The Real Commodity Guru