The next major event is US inflation data which may give further direction to Fed’s monetary tightening debate.
Zinc prices rally 6% overnight. Zinc LME inventories at April 2020 low. How does it impact the markets? Find out here with Karunya Rao and Manisha Gupta.
Investors need to watch category development and increasing penetration as they will lead to higher volume and revenue growth
According to Geojit , Steady to weak sentiments were witnessed in NCDEX spices complex on Thursday.
West Texas Intermediate steadied below $89 a barrel in Asia, with the US benchmark down more than 10% this week. Official data showed US gasoline consumption has softened while crude stockpiles rose.
Benchmark Brent crude futures were up a touch at $94.23 a barrel and U.S. crude futures were also a whisker higher at $88.70 a barrel, after both closed the previous session at their lowest levels since February.
Central cane price rises by 5 percent, highest since FY19. Softening of international sugar prices means mills will need government support to tide over higher costs
Global sugar prices at a 12-month low. Join Karunya Rao & Manisha Gupta as they decode the reasons for the fall in prices.
Antony wants growers to use his discovery as a means of permanent income and not just to supplement their dwindling rewards from rubber because of higher cost of production and low prices.
"Today's trend in precious metals may remain down ahead of Britain's monetary policy. Gold has resistance at Rs 51750 while support at Rs 51200. Silver has resistance at Rs 58000 and support at Rs 56800," said Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart.
Spot gold held its ground at $1,767.39 per ounce, as of 0239 GMT. U.S. gold futures rose 0.4% to $1,783.90.
According to Geojit , Profit booking continued in NCDEX Jeera futures on Wednesday, it shed more than one percent.
Brent crude futures rose 53 cents, or 0.6%, at $97.31 a barrel by 0020 GMT while West Texas Intermediate (WTI) crude futures rose 55 cents, also a 0.6% gain, to $91.21. Both benchmark fell to their weakest levels since February in the previous session.
Europe energy crisis is pushing the economy closer to recession and is raising questions on the region's climate change ambitions. Karunya Rao and Manisha Gupta decode the reasons for the crisis.
According to Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart, the day trend in the precious metals looks like an upside. Gold has resistance at Rs 52000 and support at Rs 51300. Silver has support at Rs 57400 and resistance at Rs 59400.
Spot gold was up 0.4% at $1,766.59 per ounce, as of 0309 GMT. On Tuesday, bullion rose to a near one-month high of $1,787.79 before closing down 0.6% on the day.
According to Geojit , Spices complex traded steady to weak on Tuesday. Turmeric futures slipped more than two per cent on subdued demand, while jeera ended down on profit booking after rallying to record high the other day.
Brent crude futures fell 94 cents, or 0.9%, to $99.60 a barrel at 0020 GMT, wiping out the previous session's gain.
Inflation might be scary as it threatens to eat into your returns, but if you have a proper budget planned for your future, you might not be too concerned about it. Retail inflation in June was measured at a little over 7 percent, which is the highest in around eight years. This means the cost of your living has increased and, therefore, you need to revamp your budget. But how can you do so? How much inflation should you budget for? Moneycontrol has spoken to a battery of financial planners to get you the answers to all your questions. Watch this video to know more.
Crude oil prices near 4-month ahead of the OPEC meeting. What are the reasons for this fall? And what will be the future outlook? Find out here with Karunya Rao and Manish Gupta.
Rahul Kalantri, VP Commodities, Mehta Equities, expects both precious metals to remain volatile this week ahead of the OPEC+ meeting and geo-political tensions between the US and China.
According to Geojit , Sentiments were sanguine in the NCDEX spices complex on Monday. Jeera futures climbed to fresh record high on concerns over fall in production.
Spot gold was up 0.4% at $1,778.69 per ounce, as of 0044 GMT, its highest since July 5.
Brent crude futures fell 29 cents to $99.74 a barrel by 0002 GMT, with WTI crude futures down 22 cents at $93.67 a barrel.
The company had recorded a Profit After Tax (PAT) at Rs 140 crore the second quarter of 2021, Castrol India said in a statement.