Precious Metals
MCX
Shyam Metalics and Energy refiles for Rs 1,107 crore IPO
Shyam Metalics tried to tap the capital markets in 2018 and received Sebi's nod in early 2019. But the company deferred its plans to list on the bourses.
Commodity strategies: Gold, silver, crude, base metals
Bullion prices witnessed selling with rise in US bond yields as US 10 year Treasury yields rose above 1.50 per cent to the highest levels since February 2020. The rally in the Bitcoin also pressured precious metals to trade lower.
Commodity strategies: Gold, silver, crude, base metals
Bullion prices traded under pressure with rise in US bond yields despite of weaker dollar on strong equity indices. The strong equity indices on economic growth optimism pushed bullion prices down for the day.
Commodity strategies: Gold, silver, crude, base metals
Bullion prices traded under pressure with rise in US bond yields despite of dovish stance from US Fed chairman Jerome Powell, as he signalled accommodative policy for next couple of years to support economic recovery.
Valuation of some metal stocks is a joke: Rakesh Jhunjhunwala
Ace investor Rakesh Jhunjhunwala, fondly known as Big Bull, opines that the commodity cycle has turned. The valuation of some of the metal stocks is a joke, he says.
Stock market update: Nifty Metal index leaps 4%; Hindustan Copper soars nearly 12%
The index was trading 4.06 per cent up at 3755.75.
Market Movers: Metals escape market sell-off; 162 stocks hit 52-week high
Cues from global markets were not ideal as stocks in Asian and European markets took a hit amid concerns over rising bond yields in the US.
Commodity strategies: Gold, silver, crude, base metals
Bullion prices pared some of weekly loses ended higher on Friday while base metals continued to soar on strong demand outlook.
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