MCX Turnover Rises On High Volatility In Gold And Crude

The Multi Commodity Exchange of India Limited (MCX), India’s largest commodity exchange, recorded a turnover of Rs65.91 lakh crore in FY2019, registering an increase of 22percent compared to the previous fiscal, as per media quotes. The rise in turnover was Read more

RBI Reduces Key Interest Rate By 25bps, Markets Volatile

In line with market expectations, the Reserve bank of India (RBI), its first bi-month Monetary Policy Committee meeting on Thursday, reduced key benchmark policy rates by 25bps to 6.00%, in a 4-2 split vote on Thursday. The repo-rate, at which commercial Read more

Stocks Rise On Positive Global Cues

Share benchmark indices –Sensex, Nifty– opened strong on Monday morning, taking cues from their Asian shares. Asian stocks rose on Monday, as signals of progress in US– China trade talks supported investor sentiment. Crude Oil prices rose on Monday as concerns Read more

Falls In Global Crude Oil Prices Led Gains In OMCs

Global crude oil prices set a decline on Monday with International Brent crude & US WTI crude futures  trading 1% down each. In addition, Brent crude plunged one percent. The Crude oil price benchmarks have fallen by about 3% since last week, hitting Read more

Stock Markets Set To Surge On Goldman Upgrade Earnings Outlook Growth

Goldman Sachs Group Inc,  the leading global investment banking, securities and  investment management firm, upgraded its view on India to its honored term OVERWEIGHT in view of India’s catches up with pre-election rally amid expectations of another majority win for Read more