Commodities
- Stocks in the news: Bajaj Finance, UltraTech Cement, Bajaj Finserv, Vedanta & GMM Pfaudler
- Sebi pulls up Prabhat Dairy for non-cooperation with auditor; asks it to deposit Rs 1,292 cr
- Sebi amends alternative investment fund rules
- Reliance Jio, Qualcomm successfully test 5G solutions in India, achieve speed of over 1 Gbps
- NSE-BSE bulk deals: Conlecta Capital laps up Industrial Investment Trust
- Ahead of Market: 12 things that will decide stock action on Wednesday
- Didi lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation, sources say
- Wall Street sees profit recovery for automakers, but will it last?
Base Metals
MCX
Commodity Outlook: How gold, base metals & crude may fare today
Gold was down 0.05 per cent while silver dipped 0.40 per cent. However, all base metals were trading with gains, led by zinc that rose 0.93 per cent. Crude oil was down 0.13 per cent and its peer natural gas plunged 4.66 per cent.
Sushant death probe: Mumbai police arrests Delhi-based lawyer for spreading 'fake theories'
The Mumbai crime branch's cyber cell nabbed Vibhor Anand from his residence.
METLDEX to be first tradeable real-time base metals indices in country: MCX
METLDEX is based on the five base metals-- zinc, copper, nickel, lead and aluminium --which are traded on the MCX.
India bans import of ACs with refrigerants, frees export of all alcohol-based hand sanitisers
“Import policy of air conditioners with refrigerants…is amended from ‘free’ to ‘prohibited’,” the Directorate General of Foreign Trade (DGFT) said in a notification. India imported ACs worth $158.87 million in the April-July period with more than 97% ($154.85 million) coming in from China and Thailand.
Hiranandani GreenBase to invest Rs 750 crore to set up industrial, logistic park in Chennai
The industrial & logistics park in Oragadam’s Vadakkupattu locality envisages development of 2.8 million sq ft of built up area for companies looking to set up manufacturing and logistics units. The park will be set up on 115 acre and will be part of an over 400-acre mixed-use township project Hiranandani Parks.
Buy Ratnamani Metals, target price Rs 1320: ICICI Direct
Ratnamani Metals & Tubes Ltd., incorporated in the year 1983, is a Mid Cap company (having a market cap of Rs 5981.18 Crore) operating in Metals - Ferrous sector.
Auto sales to register a double-digit growth in FY22 on a historically low base: ICRA
The coronavirus pandemic dragged automobile sales in India to historically low levels. After registering zero sales in April, the industry is yet to recover to monthly sales levels seen before the pandemic. FY21 sales are estimated to be decadal lows. ICRA predicts sales to increase by double-digits in FY22 given this year's substantially low base.
Commodity strategies: Gold, silver, crude, base metals
Crude oil prices are expected to trade under pressure as fading US stimulus hopes, demand growth worries and surge in virus cases will limit upside.
Base Metals Future Prices
Base Metals Spot Details
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