Monday, April 27

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Aluminium futures prices gain on fresh deals
Business, News

Aluminium futures prices gain on fresh deals

New Delhi, Aluminium prices rose by 40 paise to Rs 248.25 per kg in futures trade on Monday due to fresh deals by speculators amid positive trend in the spot market. The price of aluminium contract for July delivery rose by 40 paise or 0.16 per cent to Rs 248.25 per kg in Multi Commodity Exchange in which 4,202 lots were traded. Analysts said that fresh deals by traders amid demand from consumer industries supported aluminium prices in the futures market.
Silver futures downgrade by Rs 321, price closes at Rs 1,07,576
Business, News

Silver futures downgrade by Rs 321, price closes at Rs 1,07,576

New Delhi, Silver prices on Friday fell by Rs 321 to Rs 1,07,576 per kg as participants reduced their bets. The price of silver contract for September delivery on the Multi Commodity Exchange fell by Rs 321 or 0.3 per cent to Rs 1,07,576 per kg in a business turnover of 12,145 lots. Analysts said selling by participants at current levels in the market mainly affected silver prices. Globally, silver futures in New York were trading 0.39 percent lower at $36.78 an ounce.
Aluminium futures prices downgrade on low demand
Business, News

Aluminium futures prices downgrade on low demand

New Delhi, Aluminium prices fell by 45 paise to Rs 247.70 per kg in futures trade on Friday as participants cut their positions amid weak trend in the spot market. Aluminium contracts for July delivery fell by 45 paise, or 0.18 percent, to Rs 247.70 per kg on the Multi Commodity Exchange in a business of 4,125 lots. Analysts said aluminium prices fell mainly due to participants cutting their positions due to low demand from consumer industries.
Silver futures price gain: Prices rise in India
Business, News

Silver futures price gain: Prices rise in India

New Delhi, June 26: Silver prices rose by Rs 408 to Rs 1,05,325 per kg in futures trade on Wednesday as participants increased their bets. At the Multi Commodity Exchange, the price of silver contracts for July delivery rose by Rs 408, or 0.39 percent, to Rs 1,05,325 per kg in a business turnover of 10,034 lots. Analysts said fresh deals by participants led to the rise in silver prices. Globally, silver was trading 0.19 percent higher at $35.98 per ounce in New York.
Silver futures decay by Rs 711; price at Rs 1,06,048 per kg
Business, News

Silver futures decay by Rs 711; price at Rs 1,06,048 per kg

New Delhi, June 24: Silver prices fell by Rs 711 to Rs 1,06,048 per kg on Tuesday as participants reduced their bets. At the Multi Commodity Exchange, silver contracts for July delivery fell by Rs 711, or 0.67 per cent, to Rs 1,06,048 per kg in a business turnover of 12,020 lots. Analysts said selling by participants at current levels in the market mainly influenced silver prices. Globally, silver futures in New York were trading 0.03 percent lower at $36.10 per ounce.
Aluminium futures prices jump due to fresh deals
Business, News

Aluminium futures prices jump due to fresh deals

New Delhi, June 23: Aluminium prices on Monday rose by Rs 2.55 to Rs 250.30 per kg in futures trade as speculators created fresh deals amid positive trend in the spot market. The price of aluminium contract for July delivery rose by Rs 2.55 or 1.03 percent to Rs 250.30 per kg on the Multi Commodity Exchange in which 3,289 lots were traded. Analysts said fresh deals by traders amid demand from consumer industries supported aluminium prices in the futures market.
Waaree Energies shares upsurge 8% today; what is driving the stock higher?
Business, News

Waaree Energies shares upsurge 8% today; what is driving the stock higher?

Waaree Energies shares rose more than 8 percent during the trading session on Friday on the back of strong buying in the broader markets. Waaree Energies shares rose on Friday as the stock rose more than 8 percent during the trading session on the back of strong buying in the broader markets. The stock has been on a bullish trend after several reports about the stock came out recently. Waaree Energies Ltd shares rose 8.4 percent to Rs 2,896.60 on Friday, taking its total market capitalisation to over Rs 83,000 crore. The stock had closed at Rs 2,672.20 on Thursday. Despite a 23 percent drop from its 52-week high of Rs 3,740.75, the stock is still down 92 percent from its IPO price of Rs 1,503 per share.  First, the reshuffle in the indices of the London-based Financial Times...
Zinc futures reduce on weak demand
Business, News

Zinc futures reduce on weak demand

New Delhi, June 20: Zinc prices fell 0.34 percent to Rs 252.85 per kg in futures trade on Friday as speculators cut their positions following negative cues from the spot market. Zinc contracts for July delivery on the Multi Commodity Exchange fell 85 paise, or 0.34 percent, to Rs 252.85 per kg in a business turnover of 2,163 lots. Analysts said offloading of positions by participants due to weak demand from consuming industries in the spot market mainly put pressure on zinc prices.
Aluminium futures prices decay on weak demand
Business, News

Aluminium futures prices decay on weak demand

New Delhi, June 19: Aluminium prices fell by 35 paise to Rs 247 per kg in futures trade on Thursday as participants cut their positions following a weak trend in the spot market. Aluminium contracts for July delivery fell by 35 paise, or 0.14 percent, to Rs 247 per kg on the Multi Commodity Exchange in a business of 2,471 lots. Analysts said aluminium prices fell mainly due to participants cutting their positions due to sluggish demand from consumer industries.
Guarseed futures prices upsurge on spot demand
Business, News

Guarseed futures prices upsurge on spot demand

New Delhi, June 18: Guarseed prices rose by Rs 26 to Rs 5,083 per quintal in futures trade on Tuesday as speculators increased the size of their deals amid a strong trend in the spot market. Guarseed contract for July delivery rose by Rs 26, or 0.51 per cent, to Rs 5,083 per quintal on the National Commodity and Derivatives Exchange, with open interest trading in 51,990 lots. According to market sources, guarseed prices rose mainly due to speculators increasing their deals, strong trend in the spot market and lower supplies from producing regions.