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CommoditySupportResistance
Gold {05 Oct}51649.6652144.66
Silver {05 Sep}57119.6658355.66
Crude Oil {19 Aug}6739.347115.34
Natural Gas {26 Aug}707.66748.86
Copper {30 Aug}662.09670.64
Zinc {30 Aug}315.80336.30
Lead {30 Aug}182.70185.50
Aluminium {30 Aug}207.15212.25

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Today’s Opening Bell Updated By https://www.commodityscanner.com. Keep In Touch:-9045797577,9068270477

Stock Market LIVE Updates: Sensex reclaims 60,000 for first time since April 5; Nifty above 17,850; Bajaj Hind plunges 15%.

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Stock Market LIVE Updates: Sensex reclaims 60,000 for first time since April 5; Nifty above 17,850; Bajaj Hind plunges 15%.

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Company NameChange% Gain
Tata Motors12.30 2.58
M&M28.85 2.29
Asian Paints73.15 2.13
TATA Cons. Prod16.05 2.10
Hero Motocorp55.10 2.00

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Company NameChange% Gain
HDFC Life26.054.78
Adani Port36.654.65
Eicher Motors126.853.95
BPCL12.353.70
Maruti Suzuki292.803.37

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Indian Finance Minister Issues Warnings Regarding Crypto.

 The Indian finance minister suggested against using cryptocurrency.

The law enforcement organization blocked the assets of two crypto exchanges.

At a BJP Economic Cell event on Saturday, Nirmala Sitharaman, the Indian Finance Minister, reportedly issued a warning about cryptocurrencies. New cryptocurrency regulation is on the way, the finance minister reportedly advised investors to be cautious while dealing with cryptocurrencies.  In light of the impending introduction of new cryptocurrency rules, the finance minister reportedly advised investors to proceed cautiously while working with cryptocurrencies. 

Nirmala Sitharaman, Finance Minister, stated :

The government has already warned. I think all of us will have to share our thoughts and move with a bit of caution on this.

Ed Froze Crypto Exchanges

Her comments were made at a time when the Indian Enforcement Directorate (ED) is looking into cryptocurrency exchanges as part of its investigations into money laundering. At least two cryptocurrency exchanges assets have been frozen by the law enforcement organization this month. On August 5, Wazirx’s bank assets totaling $8 million, and Vauld’s bank and cryptocurrency assets worth around $46 million were both frozen.

Nirmala Sitharaman, recently disclosed that the Reserve Bank of India (RBI) had suggested that the government create cryptocurrency rules. According to the Finance Minister, if the prohibition is to be implemented, the government will need international cooperation. She further said that the development of a uniform taxonomy and standards, as well as a strong international collaboration on risk and benefit analysis, are all necessary for any prohibition legislation to be effective.

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Indian Finance Minister Expresses RBI’s Demand for Crypto Ban.

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Copper News Headline Posted By https://www.commodityscanner.com Keep In Touch:-9045797577,9068270477

Copper Prices Hammered by Bleak Economic Outlook, Gold Dips.

Copper Prices Hammered by Bleak Economic Outlook, Gold Dips

The prices of copper and most industrial metals tumbled on Tuesday amid growing concerns over a slowdown in major importer China, while gold prices slipped as safe haven buyers preferred the dollar.

Copper futures dropped 0.4% to $3.859 a pound by 21:28 ET (01:28 GMT), extending sharp losses from Monday on fears of a bigger slowdown in Chinese demand.

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Oil extends losses as weak demand outlook lingers.

Oil extends losses as weak demand outlook lingers

Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession.

Brent crude futures fell $1.21, or 1.3%, to $93.89 a barrel by 0635 GMT. WTI crude futures dipped 84 cents, or 0.9%, to $88.57 a barrel. The oil future benchmarks fell about 3% in their previous sessions.

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Commodity SupportPivot Points Resistance
Gold {05 Oct} 5236252486 52709
Silver {05 Sep} 58582.6659001.33 59694.66
Crude Oil {19 Aug} 7242.667397.33 7513.66
Natural Gas {26 Aug} 681.14695.17 712.04
Copper {30 Aug} 671677.65 682.70
Zinc {30 Aug} 317.76322.98 327.71
Lead {30 Aug} 183.70184.55 185.60
Aluminium {30 Aug} 209.44214.52 217.49

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CommoditySupportResistance
Gold {05 Oct}5236252709
Silver {05 Sep}58582.6659694.66
Crude Oil {19 Aug}7242.667513.66
Natural Gas {26 Aug}681.14712.04
Copper {30 Aug}671682.70
Zinc {30 Aug}317.76327.71
Lead {30 Aug}183.70185.60
Aluminium {30 Aug}209.44217.49

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