Extending its falling trend, gold prices moved down by 0.37% to Rs 30,013 per 10 gram in futures trade today as participants indulged in trimming positions even as the metal recovered in global markets.
Cardamom futures remained higher and prices added 0.33% to Rs 792 per kg today as speculators enlarged their positions on rising demand in the spot market.
Silver prices fell by 0.30% to Rs 46,762 per kg in futures trade today as speculators trimmed their positions despite a firming trend in the overseas markets.
The benefits of electronic auctions of banks' non-performing asset (NPA) properties have spread to tier-II and tier-III cities.
Global iron ore prices witnessed a massive fall on Monday as China reported complete slowdown in exports and demand decline in its domestic steel consumption.
Investor preferences have also shifted to cyclical stocks like capital goods, infrastructure and real estate, banking and consumer durables.
A whopping 91% rise recorded in natural rubberimport during February at 18,141 tones, according to the latest data of the Rubber Board. The price advantage existing in the overseas markets is lucrative to rubber-based industries.
Analysts are growing increasingly bullish about the rupee in the near-term on the back of a sharply narrower current account deficit, easing inflation, and strong foreign investor inflows.
LMEX lost nearly 4% in past two trading sessions to 2,995 from Rs 3,118 on March 6. The index close at its lowest level since August 2013 on LME as China's exports unexpectedly tumbled in February, raising fears of a slowdown in the world's second-largest
The economy received a sudden jolt today as the country's merchandise exports declined once again after a span of seven months.
Prime Focus Technologies (PFT), the technology subsidiary of Prime Focus today announced that it has signed a definitive agreement to acquire DAX, a leading provider of cloud-based production workflow and media asset management applications to the
Financial institutions meet only 27% of the financing demand of women-owned micro, small and medium enterprises in India, said a study by IFC, a member of the World Bank Group.
Markets continue to trade in the negative territory as weakness in Reliance Industries and metal names weighed on the indices in late morning trades.
DMK today released its manifesto for the upcoming Lok Sabha elections.
Precious metals recovered from early losses to edge higher on Monday as support from the standoff in Ukraine offset pressure from last week's strong U.S. payrolls data and weakness in other commodities after a sharp drop in Chinese exports.
GOLD: Gold prices are expected to trade sideways from 29900 to 30350. Traders are recommended to trade within the range with a positive bias maintaining strict stop loss below 29850.SILVER: Silver prices are likely to trade within the range from 45500
Domestic market: The action in the soya complex remained mixed during the day. Soybean ended the session lower on profit taking. The recent surge in prices is largely attributed to the weather premiums building in India as well the international market.
China's central bank governor said on Tuesday that the country's deposit rates are likely to liberalised in one to two years - the most explicit timeframe to date for what would be the final step in freeing up banks to set their own interest
Asian markets were finding their feet on Tuesday after a rocky ride the previous session, though uncertainty about the true state of China's economy kept nerves frayed and commodity prices restrained.
Ceat has rallied 7% to Rs 380 on back of heavy volumes on the bourses. The stock opened at Rs 355 and hit a new high of Rs 388 on the BSE.