Spot gold tested a new lifetime high last week due to a combination of factors that have converged to propel the demand for the yellow metal. Multiple catalysts like US rate cut speculation, China’s economic stimulus, and renewed geopolitical tensions attributed to the rise in prices. Prices on the London spot market surged near to … Read more
Stock market closed today: Due to the Lok Sabha polls in Mumbai, equity markets will remain closed on Monday, that is May 20, 2024, as per the BSE market holiday calendar. Consequently, all segments, including the equity, derivative, and SLB segments, will be shut for the day.The Multi-Commodity Exchange (MCX) will be closed for the … Read more
Equity markets will remain closed on Monday on account of the Mumbai elections, according to the market holiday calendar of BSE. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed tomorrow. The Multi-Commodity Exchange (MCX) will remain closed for the morning session but will be open for the … Read more
A broad advance in industrial metals took domestic copper prices to record levels last week. A firm overseas market due to fresh Chinese stimulus measures, concerns over tightness in global mine supply, and hopes of strong green demand boosted prices. In the key domestic MCX futures, prices of copper are hovering near Rs 900 a … Read more
With fast-growing industries of solar panels and electric vehicles driving the demand for silver, the price of the industrial metal is seen surging to Rs 1 lakh a kg in the next one year and up to Rs 92,000 per kg within the next 3 months. “Silver being an industrial metal, may benefit from upside … Read more
Indian stock exchanges NSE and BSE will remain closed for trading on Friday, March 29 on account of Good Friday. The country’s largest commodity market the Multi Commodity Exchange of India (MCX) and non-agri commodity exchange NCDEX will also remain shut for trading. The truncated week saw only three trading sessions. On Monday, March 25, … Read more
ETMarkets was awarded for excellence in financial markets coverage on Friday at the ANMI 13th International Convention. The renowned financial news platform was recognised for delivering comprehensive coverage of financial markets and insightful analysis. Anmi or Association of National Exchanges Members of India is a pan India body of trading members across NSE, BSE and … Read more
MCX of the Multi Commodity Exchange of India, India’s largest non-agri commodity exchange, will be resuming trading at 1 pm on Tuesday after experiencing a technical issue that led to a temporary shutdown. According to a circular issued by MCX, the trading hours for the commodity derivatives segment on February 13, 2024, have been revised … Read more
Benchmark indices fell on Monday due to profit booking amid mixed trends in global markets. The 30-share Sensex settled 523 points lower at 71,072 and the broader Nifty also closed 166 points lower at 21,616. Stocks that were in focus included names like Global Health, which rose 6.34%, MCX, which dropped 9.03%, and Apollo Hospitals, … Read more
Gold rate today: Gold prices experienced a decline in early trade on Wednesday, influenced by a rise in the dollar index. According to ET, international markets reflected this trend, with MCX February gold futures displaying lackluster performance. The situation has prompted discussions on whether it is the right time to sell bullion.Current market scenarioIn the … Read more