Commodities - Samachar Central

Stock Market Live Updates 20 August 2024: Sensex, Nifty trade higher; Nifty IT index gains over 1%

2024-08-20 03:43 PM

InCred Equities Nifty 50 Overview: •u0009Resistance Levels: 24,622, 24,650, 24,694 (based on pivot points) •u0009Support Levels: 24,534, 24,507, 24,462 (based on pivot points) •u0009Market Sentiment: As long as Nifty 50 sustains above 24,500-24,550, it is likely to move towards 24,700-24,800. A fall below the 24,400-24,300 range could trigger further downside. •u0009Candlestick Pattern: Despite forming a …

Gold advances to fresh record high amid bearish USD, Middle East tensions

2024-08-20 02:42 PM

Gold price attracts fresh buyers on Tuesday and advances to a fresh all-time peak. Fed rate cut bets drag the USD to a multi-month low and benefit the XAU/USD. Geopolitical risks lend additional support as traders await more Fed rate-cut cues. Gold price (XAU/USD) breaks out of its consolidative price move and jumps to a …

Share Market Highlights 19 August 2024: Sensex and Nifty trade flat amid mixed global cues

2024-08-19 07:05 PM

INDIA 1)India’s retail inflation in July dropped to 3.54%, marking a near five-year low as food prices eased, government data showed. The actual figure fell below the Reserve Bank of India’s 4% target, primarily due to a high-base effect from last year. 2)Food prices, which constitute nearly half of the retail inflation basket, saw a …

Gold rate today: Yellow metal may test ₹69,600 in near term as trend remains bullish

2024-07-26 07:34 PM

Gold rate today: Gold rate on MCX traded higher on Wednesday, recouping sharp losses in previous session, tracking gains in international bullion prices ahead of the release of key economic data in the US. MCX gold contracts for August delivery traded 0.42% higher at ₹68,801 per 10 grams, while MCX silver contracts for September delivery …

Gold rate today: Yellow metal falls by over ₹1,100 to below ₹68,000; silver price drops over 4%. Should you buy?

2024-07-26 04:29 PM

Gold rate on MCX declined over 1.5% on Thursday tracking losses in international bullion prices, while silver prices plunged more than 4% ahead of the release of key economic data in the US. MCX Gold rate was down by ₹1,159, or 1.68%, at ₹67,793 per 10 grams. MCX silver price traded lower by ₹3,343, or …

Share Market Highlights 28 March 2024: Sensex sheds 220 pts, Nifty closes below 22,900

2024-05-28 08:33 PM

Lumax Tech: Net profit at Rs 51.0 cr vs Rs 24.0 cr, Revenue at Rs 757 cr vs Rs 493 cr. (YoY) Natco Pharma: Net profit at Rs 386 cr vs Rs 276 cr, Revenue at Rs 1068 cr vs Rs 898 cr. (YoY) Sumitomo Chem: Net Profit at Rs 110 cr vs Rs 55 …

Stock Market Live Updates 24 May 2024: Nifty hits 23k-mark for first time; Vodafone Idea in focus

2024-05-24 10:47 AM

SML Isuzu: Net profit at Rs 52 cr vs Rs 27 cr, Revenue at Rs 680 cr vs Rs 583 cr. (YoY) JK Lakshmi Cement: Net profit at Rs 162.1 cr vs Rs 114.8 cr, Revenue at Rs 1780 cr vs Rs 1862 cr. (YoY) Honasa Consumer: Net profit at Rs 30 cr vs loss …

Pakistan grapples with sky-high inflation; Wheat flour costs 800 Pak rupees, Chapati worth 25 Pak rupees | World News

2024-04-30 12:52 AM

Inflation is steeply rising in Pakistan, causing citizens to struggle to afford essential items to provide basic meals for their families, news agency ANI reported. People in the country’s Karachi city have stated that the increasing rates of basic amenities are adversely affecting the common public. A kilo of flour now stands at 800 Pakistani …

XAU/USD flat-lines below $2,050, focus on geopolitical tensions

2024-01-15 08:15 AM

XAU/USD flat-lines below ,050, focus on geopolitical tensions

Share: Gold price trades flat around $2,045 amid the US bank holiday. US Producer Price Index (PPI) for December rose by 1.0% YoY versus 0.8% prior, below market expectations. The escalating geopolitical tensions in the Middle East might boost safe-haven buying and benefit gold price. Gold price (XAU/USD) trades on a flat note …

Gold price bulls have the upper hand amid dovish Fed outlook, bearish US Dollar

2023-12-18 11:26 AM

Share: Gold price attracts some dip-buying on Monday amid a modest US Dollar downtick. Geopolitical tensions and looming recession risks also benefit the safe-haven metal. The prevalent risk-on environment could act as a headwind and cap any further gains. Gold price (XAU/USD) edges higher during the Asian session on Monday and for now, …