Gold Silver Reports (GSR) – HDFC Bank Share Price Slides As Share Limit Increases — Shares of the country’s largest private lender fell as much as 2.5 percent, the most since April 23, to Rs 2,058. Global funds can increase their stake in the Mumbai-based bank by 1.68 percent or 4.3 crore shares, according to NSDL data. At present, they hold 72.3 percent of HDFC Bank, right under the cap of 74 percent for lenders.
Dr. Reddy’s Lab Gains After FDA Inspection Concludes
Gold Silver Reports (GSR) – Dr. Reddy’s Lab Gains After FDA Inspection Concludes – Shares of the drugmaker rose as much as 3.8 percent to Rs 2,013.85. The U.S drug regulator concluded inspection at the pharmaceutical company’s Srikakulam Plant with no observations.
Flipkart Deal: Tax Department Will Act Once Walmart Obtains Regulatory Nod
Gold Silver Reports (GSR) – Flipkart Deal: Tax Department Will Act Once Walmart Obtains Regulatory Nod — E-commerce major Flipkart has shared some details with the income tax authorities on its $16-billion deal with U.S.-based Walmart, but the Income Tax Department will act only after regulatory approvals have been obtained, an official said.
London Metal Exchange (LME) is the Futures Exchange with the World’s Largest Market
Gold Silver Reports (GSR) – The London Metal Exchange (LME) is the futures exchange with the world’s largest market in options and futures contracts on base and other metals. As the LME offers contracts with daily expiry dates of up to three months from trade date, weekly contracts to six months, and monthly contracts up to 123 months, it also allows for cash trading. It offers hedging, worldwide reference pricing, and the option of physical delivery to settle contracts. Since 2012 it has been owned by Hong Kong Exchanges and Clearing, after LME’s shareholders voted in July 2012 to approve the sale of the exchange for a price of £1.4 billion.
Donald Trump: June 12, 2018 Meeting with North Korea’s Kim Jong Un Back on
Gold Silver Reports (GSR) – Donald Trump: June 12, 2018 Meeting with North Korea’s Kim Jong Un Back on — One week after abruptly canceling a meeting with North Korean leader Kim Jong Un, President Donald Trump announced the June 12 summit is back on. But he tamped down expectations that one meeting will be enough to solve all the problems between the two nations.
Commodities Weekly Research Report Prediction and Forecast 04-06-18 To 08-06-18
Trend Sideways ⇒ Sell Gold MCX (Aug) Between 31050 – 31150, Stop Loss (CBSL) – 31444 Target – 30560 ↔ 30425 ↔ 30155
Trend Sideways ⇒ Sell Silver MCX Between 40050 – 40150, Stop Loss (CBSL) – 41200, Target – 38700 ↔ 38380
Bombay Stock Exchange (BSE India)
Gold Silver Reports (GSR) – The Bombay Stock Exchange (BSE) is an Indian stock exchange located at Dalal Street, Mumbai (formerly Bombay). Established in 1875, the BSE (formerly known as Bombay Stock Exchange Ltd.) is Asia’s first stock exchange. It claims to be the world’s fastest stock exchange, with a median trade speed of 6 microseconds. The BSE is the world’s 10th largest stock exchange with an overall market capitalization of more than $2.3 trillion on as of April 2018.