Muhurat Trading 2024 is considered an auspicious time to make investments by investors and traders
She has three decades of experience primarily in the financial services sector. She also worked with Kotak Mahindra Bank, Citi and HSBC prior to joining NPCI
Spot silver at the time of the MCX closing was trading at $33.67, down around 0.10 per cent on the day.
MCX share price has more-than-doubled or soared 129 per cent from its June-month low of Rs 2,917.
The PCR (Put Call Ratio) of these 3 stocks is above 1, implying presence of higher open positions in Puts as against Calls, shows the NSE options data.
Silver surged on disappointing US weekly jobless claims data, though hotter-than-expected US CPI inflation data led to a volatile session
Leading commodity bourse MCX on Tuesday announced the launch of cotton seed wash oil futures. Each contract will have a trading unit of 5 tonne with a base value quoted in Rupee per 10 kg at Ex-Tank Kadi, Gujarat, MCX said in a statement. The margin requirement for entering into the contract is approximately 12 per cent, providing participants with affordable access to hedging. Contracts will be cash-settled, providing greater convenience and efficient opportunity for risk management for participants across the supply chain, the statement added. According to MCX, the futures trading in cotton seed wash oil will help the cottonseed oil industry, particularly the crushers, who often grapple with price volatility due to fluctuating market dynamics, raw material availability, and unpredictable international trend.
Spot gold at the time of the MCX closing was trading at $2624, up around 0.55 per cent on the day. The MCX December Gold contract at Rs 75,152 (LTP) was up nearly 0.30 per cent.
Surging US Dollar Index and tumbling bond prices are acting as headwinds for the metal as the US rate cut pace has become somewhat uncertain in the short term. Dip buying is preferred.
Gold price today: Gold prices are expected to be highly volatile on geopolitical worries and crucial nonfarm payroll report.
Stock Market October Holiday: Is the Indian stock market closed tomorrow? Will NSE, BSE be open for trading on Gandhi Jayanti 2024? All you need to know about stock market holidays in October
BSE Share price surged up to 6.3 per cent at Rs 3,920 per share on the NSE, while MCX shares surged 3.8 per cent at Rs 5,879.55 per share intraday
From Tuesday onwards i.e effective October 1, 2024, the Indian financial markets will undergo several reforms that investors must know
MCX share price: The futures contract on MCX will invite a transaction fee of Rs 2.1 per lakh of turnover value, while the options contract will be charged Rs 41.8 per lakh of premium turnover value
On Tuesday, silver surged sharply higher on an unexpectedly huge stimulus package announced by China's Central Bank and the Chinese authorities.
MCX share price today: MCX hit a new high of Rs 5,966.55 as they rallied nearly 6 per cent on the BSE in Wednesday's intraday trade
The outlook for Indian equities market in FY25 appears promising, supported by various factors such as economic recovery, stable government, increased focus on reforms, and rise foreign investments.
On Thursday, spot silver rallied to a nearly three-week high on Fed rate cut bets and firmer industrial commodities.
Spot silver was steady around $28.30 at the time of the MCX closing. The MCX December silver contract at Rs 73,700 was up around 0.07 per cent.
Spot gold was trading with a gain of around 0.20 per cent at $2514 at the time of the MCX closing. The MCX October gold contract at Rs 71,903 (LTP) was up 0.38 per cent.