Thursday, October 30

News

Gold prices lapse: Futures trade and global cues
Business, News

Gold prices lapse: Futures trade and global cues

New Delhi, Gold prices fell by Rs 226 to Rs 1,08,760 per 10 gram in the domestic futures market on Thursday following weakness in the international market. On the Multi Commodity Exchange (MCX), the most-traded gold futures for October delivery fell by Rs 226, or 0.21 percent, to Rs 1,08,760 per 10 gram in a business turnover of 16,883 lots. "Gold prices have fallen below the Rs 1,09,000 level in the domestic market due to profit booking as investors booked nearly 10 percent gains in just two weeks," said Deveya Gaglani, senior research analyst (commodities) at Axis Securities. Besides, silver futures for December delivery on MCX fell by Rs 478, or 0.38 percent, to Rs 1,24,702 per kg. Globally, gold futures for December delivery on Comex were trading 0.38 percent lower at $3,6...
Silver prices gain on Middle East tensions, weak dollar
Business, News

Silver prices gain on Middle East tensions, weak dollar

New Delhi, Silver prices continued to rise in the domestic futures market on Wednesday and rose by Rs 671 to Rs 1,25,132 per kg on rising tensions in the Middle East and a weak US dollar. At the Multi Commodity Exchange, futures prices of this white metal for December delivery rose by Rs 671 or 0.54 per cent to Rs 1,25,132 per kg in a business of 17,714 lots. According to commodity market experts, silver prices continued to rise amid rising tensions in the Middle East region after Israel's attack on Hamas senior leadership in Doha, Qatar. "Traders will be focused on US macroeconomic data, including producer price inflation data to be released later and consumer price inflation data to be released on Thursday, which may provide guidelines for the Federal Reserve's interest rate cy...
Crude oil fundamentals gain on demand
Business, News

Crude oil fundamentals gain on demand

New Delhi Crude oil prices rose by Rs 46 to Rs 5,537 per share in trade on Tuesday following strong demand and an increase in the size of your claim. The price of crude oil contract for September stock on the Multi Commodity Exchange rose by Rs 46 or 0.84 per cent to Rs 5,537 per share in a turnover of 10,542 lots. "Geopolitical tensions, especially the Ukraine-Russia conflict, have led to a sharp rise in crude oil volumes in Taiwan," Mirae Asset Sharekhan research said. On the market outlook, he said, "Crude oil production in overseas industry is expected to trade in a limited range of $60-65 per share, and the bearish trend will remain till the end of the year as long as supply risks are contained." As demand soared, Asia has become an attractive region - India's crude portf...
Copper futures prices upsurge on spot demand
Business, News

Copper futures prices upsurge on spot demand

New Delhi, Copper futures prices rose 0.11 percent to Rs 904 per kg on Monday due to increased spot demand. At the Multi Commodity Exchange, copper contracts for October delivery rose by Rs 1 or 0.11 percent to Rs 904 per kg in a business turnover of 1,703 lots. Analysts attributed the rise in copper prices to higher bets by participants.
Vodafone Idea shares gained by the biggest jump in 5 months, know why the stock rose by 13% on Friday
Business, News

Vodafone Idea shares gained by the biggest jump in 5 months, know why the stock rose by 13% on Friday

Vodafone Idea shares jumped nearly 13%, the biggest jump in a day since April 1. It reached an intraday high of ₹ 7.45 per share. There are reports that the central government is looking for an investor who is willing to invest about ₹ 8,800 crore in this debt-ridden telecom company. The Economic Times quoted sources related to the matter as saying that the central government will invest about $ 1 billion (₹ 8,800 crore) to help the telecom company by buying 12-13% stake in Vodafone Idea. The report further said that promoter Aditya Birla Group (ABG) and UK's Vodafone will have the option to sell their stake, as the government wants to stay invested for some more time. Currently, the government holds a 48.99% stake in the debt-ridden company, which has converted some of its past ...
Guar gum futures prices gain on demand
Business, News

Guar gum futures prices gain on demand

New Delhi: Guar gum prices rose by Rs 14 to Rs 9,393 per quintal in futures trade on Thursday as speculators increased their deal size amid strong spot demand. At the National Commodity and Derivatives Exchange, the price of guar gum contract for October delivery rose by Rs 14, or 0.15 per cent, to Rs 9,393 per quintal in a business turnover of 39,395 lots. Analysts said that tracking the strong spot market trend, traders increased their deal size, leading to a rise in guar gum prices.
Cottonseed oil cake futures prices jump: New deals
Business, News

Cottonseed oil cake futures prices jump: New deals

New Delhi: Cottonseed oil cake prices rose by Rs 3 to Rs 2,962 per quintal in futures trade on Wednesday as speculators created fresh positions amid rising demand. At the NCDEX, cottonseed oil cake contracts for December delivery rose by Rs 3, or 0.10 per cent, to Rs 2,962 per quintal with a turnover of 3,280 lots. Market sources said cottonseed oil cake prices rose mainly as traders increased their positions amid rising demand for animal feed.
Coriander futures rose: Prices jump due to demand
Business, News

Coriander futures rose: Prices jump due to demand

New Delhi: Coriander prices rose by Rs 14 to Rs 7,682 per quintal in futures trade on Tuesday as speculators increased the size of their deals following a firm trend in the spot market. At the NCDEX, the price of coriander contract for September delivery rose by Rs 14, or 0.18 percent, to Rs 7,682 per quintal with a turnover of 9,380 lots. Market analysts said coriander prices rose due to a firm trend in the spot market and restricted supplies from producing regions.
Zinc futures prices gain on demand
Business, News

Zinc futures prices gain on demand

New Delhi: Zinc prices on Monday rose by Rs 1.95 to Rs 273.25 per kg in futures trade amid a rise in spot demand. At the Multi Commodity Exchange, the price of zinc contract for September delivery rose by Rs 1.95, or 0.72 per cent, to Rs 273.25 per kg in a business turnover of 3,446 lots. Zinc prices rose in futures trade as participants increased their deal sizes following a rise in demand from consumer industries, market sources said.
Ather Energy shares gain 7% to record high; 31% gain in 1 month
Business, News

Ather Energy shares gain 7% to record high; 31% gain in 1 month

Ather Energy Share Price: Shares of Ather Energy were trading with impressive gains on Friday, August 29. The stock jumped 6.7% during the day's trade to hit a record high of ₹459 per share on the National Stock Exchange (NSE). The stock was last trading at ₹454.1 per share, up 5.56%. In the last five trading sessions, Ather Energy shares have gained over 5%, while in the last 30 days, they have gained over 30% (till the afternoon session on Friday, August 29, 2025). In a period of six months, the stock has gained nearly 49%. The market capitalisation of the company is ₹16,891.05 crore. Ather Energy and other auto stocks are in the news amid expectations of a reduction in the Goods and Services Tax (GST) rate on automobiles to 18% from the current 28% slab. Analysts believe th...