Crude oil was observed taking a breather in Thursday’s market while the domestic currency was strong against the US dollar. Barring Nifty IT index, which rose upto 0.15 percent, all the sectoral indices have ended in the red.
India’s leading Stock Exchange, National Stock Exchange of India Limited (NSE) has said that the exchange got regulatory approval to start copper large futures contract with a trading unit of 25 tonne. The announcement was made on Tuesday, 23 October, 2018.
The India government is expected to come out with a comprehensive gold policy quickly to encourage the sectors in gems and jewellery as well as the metal industry, as per sources.
Stocks Markets ended at negative note on Thursday after the govt raised import tariffs on select goods and the RBI announced steps to ease liquidity concerns. The BSE Sensex, fell 218.10 points to 36,324.17. The NSE Nifty logged in the worst F&O (Future and Option) series since February as it fell 6 percent or 76.25 points to 10,977.55.
Share benchmarks have closed on a lower note on Wednesday, amid investors keenly awaited for cues from US Fed meeting that ends later today. The BSE Sensex fell 109.79 points to 36,542.27 while the Nifty50 index fell 13.70 points to 11,053.80.
Indiabulls Housing Finance, UPL, Vedanta, Titan, Hindalco were among major gainers on the NSE, while Tata Motors, SBI, Bharti Infrael, ITC and Wipro were top losers.
Among sectoral watch, Nifty Realty went up 3.46% with Prestige Estates gained 9.93%, Indiabulls Real Estate added 5.57%, Phoenix Mills up 5.12% and Oberoi Realty rose 5.09% as top constituents. Further, Nifty Commodities added 2.55% while Nifty Pharma gained 2.51% on the weekend. Trading Call for 17-September.