Gold Silver Reports (GSR) – Rupee Expected To Open Lower Around 66.15 Per Dollar — India government bonds were supported on Friday by a category of investors classified as “others” which bought a record amount of debt. Now other categories include the central bank itself and also insurance companies.
Stocks To Watch: Axis Bank, Bharti Infratel, Cipla, Reliance, LIC Housing
Gold Silver Reports (GSR) – Stocks To Watch: Axis Bank, Bharti Infratel, Cipla, Reliance, LIC Housing – The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, fell 0.5 percent to 10,554 as of 7:20 a.m. Asian stocks had a mixed start Monday, with investors continuing to assess the outlook for trade discussions and geopolitical tensions. Equity benchmarks rose in Sydney, while those in Tokyo and Seoul were little changed.
Foreign Investors have Pulled out Nearly Rs 8,000 Crore from the Indian Capital Markets
Gold Silver Reports (GSR) – Foreign investors have pulled out nearly Rs 8,000 crore from the Indian capital markets — This comes following an inflow of Rs 11,654 crore in equities last month and an outflow of over Rs 9,000 crore from the debt markets.
Aluminum Stash Visible From Space Turned to Gold for Trader
Gold Silver Reports (GSR) – Aluminum Stash Visible From Space Turned to Gold for Trader — Castleton has started selling down its aluminum stash, which at its peak held about 500,000 metric tons of the metal, according to people familiar with the matter. That would be worth about $1.5 billion at today’s prices.
India’s Biggest E-Commerce Flipkart Needs Walmart to contend with Amazon; Incredible Patience and lots of Capital
Gold Silver Reports (GSR) – India’s Biggest E-Commerce Flipkart Needs Walmart to contend with Amazon; Incredible Patience and lots of Capital. An acquisition by Walmart will give the Indian unicorn a “second life”, he told BloombergQuint in an interview. “Head to head, Flipkart has no chance to get Amazon. Over time, Amazon would have outlasted them.”
Commodities Weekly Research Report Forecast 23-04-18 To 27-04-18
Trend Up ⇒ Buy Gold MCX Between 31050 – 30950, Stop Loss (CBSL) – 30699 Target – 31680 ↔ 30980 (Any Panic Buy)
Petrol Price Kiss Highest Level Under Narendra Modi Govt (BJP), Diesel at Record High
Gold Silver Reports (GSR) – Petrol Price Kiss Highest Level Under Narendra Modi Govt (BJP), Diesel at Record High — The hike, necessitated due to firming international oil prices, comes on back of a 13 paisa increase in rates of petrol effected yesterday and a 15 paisa hike in diesel, it said.State-owned oil firms, which have been since June last year revising auto fuel prices daily, today raised petrol and diesel rates by 19 paisa per litre each in Delhi, according to a price notification.