CLOSING THE TRADING DAY RIGHT WITH THE RINGING OF THE CLOSING BELL… MARCH 07 2024. UPDATE BY THEPROFITGROWTH.COM WATCH NOW HERE.7037171600

Closing Bell: Sensex up 487 pts, Nifty above 22,550 on another day of gains; PSU Bank outshines..

The BSE midcap and the smallcap indices gained 0.5 percent each.

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COPPER NEWS OF COMMODITY MARKET LIVE UPDATE BY THEPROFITGROWTH.COMGET FOR DAILY LATEST NEWS & BIG LEVEL PROFIT TO CONTACT US : 7037171600

Copper Climbed As Supply-Side Issues Continued To Support Prices.

Copper prices saw a modest increase of 0.54% yesterday, settling at 846.05, buoyed by ongoing supply-side issues and shifting market dynamics. The closure of Cobre Panama, one of the world’s largest copper mines, since December, has contributed to a deficit in global copper concentrate supply, adding support to prices.

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Oil eases as US demand concerns outweigh fears over Middle East conflicts.

Oil prices eased in early trade on Thursday as concerns about a potential slowdown in the U.S. economy amid prospects for delayed interest rate cuts outweighed worries over the risk of expanding conflict in the Middle East.

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Gold trades in tight range as market focuses on US economic data.

Gold prices were stuck in a tight range on Thursday as investors looked to U.S. economic data for further clarity on the Federal Reserve’s interest rate path.

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Copper Dropped As Dollar Rose as Investors Assessed Policy And Geopolitical Events.

Copper prices experienced a marginal decline yesterday, slipping by 0.11% to settle at 844.25, as the dollar strengthened amid assessments of policy and geopolitical developments. Investor sentiment was influenced by comments from Federal Reserve officials, coupled with a series of inflation data releases that tempered expectations of imminent rate cuts.

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Oil steadies in Asian trading, Middle East tensions remain in focus.

Oil prices steadied in Asian trading on Tuesday, after falling in the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East.

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Gold edges higher; hovers near one-week low on tempered Middle East fears..

Gold prices edged up on Tuesday but hovered near a one-week low hit in the previous session, as worries over a wider Middle East conflict subsided, boosting investors’ risk appetite and lowering bullion’s safe-haven demand.

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Oil inches up after U.S. reimposes Venezuela oil sanctions..

Oil prices rose in early trade on Thursday, slightly paring the previous session’s losses after the United States said it would reinstate oil sanctions Venezuela, while the European Union talked of fresh curbs on Iran.

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Gold gains as Middle East tensions lift safe-haven appeal.

Gold prices climbed on Thursday as concerns about the Middle East war extending to other regions boosted demand for the safe-haven metal.

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01 APRIL CLOSING BELL| TOP 5 GAINERS & TOP 5 LOSERS| NIFTY,SENSEX| STOCKMARKET UPDATE| https://www.metrotradingtips.in/| 7454840856

Market Close:

Market ended higher for the third consecutive session on April 1 with Nifty around 22,450.

At close, the Sensex was up 363.20 points or 0.49 percent at 74,014.55, and the Nifty was up 135.10 points or 0.61 percent at 22,462.00. About 3015 shares advanced, 572 shares declined, and 112 shares unchanged.

Tata Steel, JSW Steel, Adani Ports, Shriram Finance and Divis Labs are among the top gainers on the Nifty, while losers are Eicher Motors, Titan Company, Bajaj Auto, LTI Mindtree and Nestle.

Except Auto, all other sectoral indices ended in the green with metal, power, capital goods, healthcare, realty up 1-4 percent, while oil & gas, Information Technology, bank up 0.5 percent each.

The BSE midcap index rose 1.6 percent and the small cap index gained nearly 3 percent.

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