Asian equities traded mixed on Wednesday following an uninspiring lead from US peers and as caution set in ahead of regional central bank decisions.
China’s Shanghai Composite gained 0.63 percent or 12.58 points at 2,020.89. Hong Kong’s Hang Seng was flat at 23,049.44.
Japan’s Nikkei was flat...
Indian ADRs closed higher on Friday. Among banks, ICICI Bank rose 0.5 percent to USD 36.18 per ADR and HDFC Bank was unchanged at USD 33.78.
In the technology space, Infosys climbed 2.92 percent to USD 57.15 and Wipro jumped 2.6 percent to USD 12.65.
Among others, Tata Motors advanced 0.95...
The Dow Jones industrial average was up 28.64 points, or 0.17 percent, at 16,469.99. The Standard & Poor's 500 Index was down 0.62 points, or 0.03 percent, at 1,831.36. The Nasdaq Composite Index was down 11.16 points, or 0.27 percent, at 4,131.91.
MARKET SUMMARY
Nifty witnessed a sell off after a positive opening on the back of pressure in Banks, It & Pharma names. The day was started with positive note yet nifty faces resistance at 6345 & tumbled below 6300 mark; there was no major recovery seen in the market for the entire trading...
MARKET SUMMARY:
The Indian equity benchmark index nifty continues its losing streak for fifth consecutive session as weak China’s PMI data and accelerated WPI data supported the current weakness. The day was started on flat not and nifty remain range bound for entire trading session in range of...
Nifty 6400 Call added 4.5 lakh shares in Open Interest on December 6
Nifty 6000 Put added 1.8 lakh shares in Open Interest
Nifty 6500 Call added 1.9 lakh shares in Open Interest
Nifty 6300 Call added 8.7 lakh shares in Open Interest
Nifty 6600 Call added 8.4 lakh shares in Open Interest...
Asian equity markets kicked off the week mostly higher on Monday on the back of positive economic data from the world’s second largest economy and after strong US jobs data spurred gains on Wall Street at the end of last week.
China’s Shanghai Composite was up 0.15 percent or 3.35 points at...
The Sensex rose 442.30 points or 2.11 percent at 21,438.83, and the Nifty rallied 133.75 points or 2.14 percent at 6,393.65. About 633 shares have advanced, 58 shares declined, and 16 shares are unchanged.
Chana
Chana futures opened higher on account of short coverings as well as rumors that duty on imports of pulses may be imposed. Also, there are worries over acreage on the back of excessive soil moisture as well as diversification towards wheat in MP. However, prices could not sustain at...
Gold futures bounced back in the Asia electronic session today after tumbling to as low as $ 1305.2 an ounce yesterday its lowest level since 17th October 2013. The metal was weighed down by strong gains in the US dollar against the Euro yesterday after the European Commission lowered its...
JPY/INR
The Japanese Yen appreciated by around 0.3 percent yesterday taking cues from mixed global market sentiments, leading to rise in demand for the low yielding currency.
GBP/INR
The Sterling Pound traded on a flat note yesterday on the back of strength in the DX. Also, mixed global...
Gold
Gold prices declined around 1.4 percent yesterday on the back of strength in the DX. Further, declining trend in SPDR Gold Holdings acted as a negative factor. Holdings in the world’s largest gold ETF have slipped to 872.02 tonnes.
Silver
Spot silver prices declined around 3.5 percent...
Highlights
US Federal Reserve maintained status quo on QE in yesterday’s meet
Indian equities yesterday touched at highest level in last three years.
US ADP Non-Farm Employment Change fell to 130,000 in October.
Spanish Flash GDP gained 0.1 percent in the quarter ended Sept...
Base Metals
Base metals traded higher yesterday on the back of positive economic data from the Euro Zone. Also, delay in QE taper by the Federal Reserve in the FOMC meet yesterday acted as a positive factor for the base metals group.
However, strength in the DX coupled with mixed inventories...
Gold
Spot gold prices gained marginally by 0.1 percent due to the global market sentiments upbeat after U.S. lawmakers was able to resolve their debt ceiling and avoid default on the government. However, the sharp rise in prices was crowned as a result of decreased SPDR gold holdings by 0.4...
India gold futures opened slightly down Rs.29601 on Tuesday tracking a steady development in the global market . Gold futures for December on India’s Multi Commodity Exchange ( MCX) was consisted by 0.06 % to Rs.29600 per 10 grams at 10:23 IST on Wednesday .
Read More Info - Gold prices remain...
S & P CNX Nifty CMP 5928.40
Short-term trend chart looks at charts while negative support expected around 5810 and 5750, would sell best trading strategy for traders to rise .
Intraday trading Levels Buy Above: 5945 Resistance 5955 | 5971 | 5997 Sell Below: 5912 Support 5902 | 5886 | 5860
HGS...
Gold futures on Multi Commodity Exchange of India (MCX) opened with a slight profit. MCX Gold for December was negotiated by 0.05 % to Rs.29472 per 10 grams from 10.07 IST on Tuesday. Holdings in the SPDR Gold Trust, stood for a second day on Monday unchanged at 899.99 tons, the lowest level...