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Closing Bell: Nifty reclaims 18,400, Sensex gains 468 pts led by auto, FMCG, metals.

Except IT, all other sectoral indices ended in the green with Auto, Metal and FMCG indices up 1 percent each.

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LME Report Update

Alum. (+1875)
Copper -525
Lead (+600)
Nickel (+498)
Zinc -50

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Base Metal LME Report Updated By https://www.mcxtradingworld.com/. Get More Update:- 9760916659,8979570233

LME Report Update

Alum. (+1875)
Copper -525
Lead (+600)
Nickel (+498)
Zinc -50

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Gold rate today: Yellow metal edges higher; silver marches towards Rs 68,000 UPDATE BY www.hectorcommodity.com (CALL: 8439677004/ 8755878899)

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Gold prices traded higher on Monday as a tepid US dollar made the bullion less expensive for overseas buyers. That said, the prospects of further interest rate hikes by the US Federal Reserve next year kept gains in check.

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Nifty reclaims 18,400, Sensex gains 468 pts led by auto, FMCG, metals

Except IT, all other sectoral indices ended in the green with Auto, Metal and FMCG indices up 1 percent each.

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Yen gains on potential Japan govt move for more flexible inflation target.

The yen climbed on Monday on news that the Japanese government could soon revise a joint statement with the Bank of Japan (BOJ) over the latter’s inflation target, potentially paving the way for a tweak in the BOJ’s ultra-loose monetary policy.

The yen was last 0.4% stronger at 136.19 per dollar, after jumping more than 0.5% to a high of 135.78 earlier in the session.

The Japanese government will consider revising next year a joint statement it signed with the BOJ in 2013 that commits the central bank to meeting a 2% inflation target as soon as possible, sources told Reuters.

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Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed on sentiment, while the Japanese yen gained on bets that the Bank of Japan (BoJ) could eventually tighten policy amid rising inflationary pressures.
चीन में संभावित मंदी और कोविड-19 के बढ़ते मामलों की आशंकाओं के कारण अधिकांश एशियाई मुद्राएं सोमवार को कम चलीं, जबकि जापानी येन ने इस शर्त पर लाभ उठाया कि बैंक ऑफ जापान (बीओजे) बढ़ती मुद्रास्फीति के दबावों के बीच अंततः नीति को कड़ा कर सकता है।

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