Indian benchmark indices ended on a positive note in the volatile session on March 18 with Nifty around 22,050.
Tata Steel, M&M, JSW Steel, Tata Motors and Apollo Hospitals were among the top gainers on the Nifty, while losers included Tata Consumer Products, UPL, Infosys, TCS and Titan Company.
Among sectors, capital goods, healthcare, auto, realty, metal, media up 0.5-3 percent, while IT, and FMCG down 0.5-1 percent.
BSE Midcap and Smallcap indices ended on a flat note.
Indian benchmark indices ended on a positive note in the volatile session on March 18 with Nifty around 22,050.
Tata Steel, M&M, JSW Steel, Tata Motors and Apollo Hospitals were among the top gainers on the Nifty, while losers included Tata Consumer Products, UPL, Infosys, TCS and Titan Company.
Among sectors, capital goods, healthcare, auto, realty, metal, media up 0.5-3 percent, while IT, and FMCG down 0.5-1 percent.
BSE Midcap and Smallcap indices ended on a flat note.
Silver Rose Driven By Safe Haven Demand Amid Increased War And Inflation Risks.
Silver prices rose by 0.56% yesterday, closing at 75650, driven by heightened safe-haven demand amid escalating geopolitical tensions and concerns over inflation risks. Investors turned to silver as a refuge amidst uncertainties, with high prices and inflation becoming significant political issues ahead of U.S. elections, complicating the Federal Reserve’s policy decisions aimed at managing economic stability. However, economic indicators presented a mixed picture. U.S. business inventories remained unchanged in January, with increases in retail stocks offset by declines in manufacturing and wholesale inventories
Silver Rose Driven By Safe Haven Demand Amid Increased War And Inflation Risks.
Silver prices rose by 0.56% yesterday, closing at 75650, driven by heightened safe-haven demand amid escalating geopolitical tensions and concerns over inflation risks. Investors turned to silver as a refuge amidst uncertainties, with high prices and inflation becoming significant political issues ahead of U.S. elections, complicating the Federal Reserve’s policy decisions aimed at managing economic stability. However, economic indicators presented a mixed picture. U.S. business inventories remained unchanged in January, with increases in retail stocks offset by declines in manufacturing and wholesale inventories
Gold prices fell in Asian trade on Monday, losing a key support level as traders turned averse to non-yielding assets before more signals on interest rates from a Federal Reserve meeting later in the week.
A rally in industrial metals also appeared to have stalled, with copper prices easing after rallying to 11-month highs last week. Middling Chinese economic data also spurred some profit-taking in the red metal.
Gold prices fell in Asian trade on Monday, losing a key support level as traders turned averse to non-yielding assets before more signals on interest rates from a Federal Reserve meeting later in the week.
A rally in industrial metals also appeared to have stalled, with copper prices easing after rallying to 11-month highs last week. Middling Chinese economic data also spurred some profit-taking in the red metal.
Silver Rose Driven By Safe Haven Demand Amid Increased War And Inflation Risks.
Silver prices rose by 0.56% yesterday, closing at 75650, driven by heightened safe-haven demand amid escalating geopolitical tensions and concerns over inflation risks. Investors turned to silver as a refuge amidst uncertainties, with high prices and inflation becoming significant political issues ahead of U.S. elections, complicating the Federal Reserve’s policy decisions aimed at managing economic stability. However, economic indicators presented a mixed picture. U.S. business inventories remained unchanged in January, with increases in retail stocks offset by declines in manufacturing and wholesale inventories.
Silver Rose Driven By Safe Haven Demand Amid Increased War And Inflation Risks.
Silver prices rose by 0.56% yesterday, closing at 75650, driven by heightened safe-haven demand amid escalating geopolitical tensions and concerns over inflation risks. Investors turned to silver as a refuge amidst uncertainties, with high prices and inflation becoming significant political issues ahead of U.S. elections, complicating the Federal Reserve’s policy decisions aimed at managing economic stability. However, economic indicators presented a mixed picture. U.S. business inventories remained unchanged in January, with increases in retail stocks offset by declines in manufacturing and wholesale inventories.
Copper Rose Buoyed By A Potential Output Cut In China.
Copper prices surged by 1.34% yesterday, settling at 762.25, following a rally in London that saw prices reaching a 10-month peak. The bullish sentiment was fueled by news of a potential output cut in China, the world’s top copper producer. Major Chinese copper smelters have agreed to reduce operation rates, adjust maintenance schedules, and delay new projects in a concerted effort to bolster prices. Tight supplies of copper concentrates and lower processing fees have prompted China’s North Copper to consider scaling back output in the future. This agreement among Chinese copper smelters to decrease production comes amidst mounting losses in the country’s copper industry in recent months.
Copper Rose Buoyed By A Potential Output Cut In China.
Copper prices surged by 1.34% yesterday, settling at 762.25, following a rally in London that saw prices reaching a 10-month peak. The bullish sentiment was fueled by news of a potential output cut in China, the world’s top copper producer. Major Chinese copper smelters have agreed to reduce operation rates, adjust maintenance schedules, and delay new projects in a concerted effort to bolster prices. Tight supplies of copper concentrates and lower processing fees have prompted China’s North Copper to consider scaling back output in the future. This agreement among Chinese copper smelters to decrease production comes amidst mounting losses in the country’s copper industry in recent months.