Category: Stocks

Natural gas prices rose 0.56 percent during the week ended May 21 to settle at Rs 217.60 per mmBtu on the MCX. The energy price jumped in two out of five trading sessions on the domestic bourse. It has been trading higher than its 50, 100 and 200 days’ moving averages but lower than the […]

Oxygen concentrator (Representational image) A group of small and medium Indian technology companies and a defence PSU have joined hands to manufacture oxygen concentrators based on an open source design project Marut, initiated by robotic and automation startup Technido to meet the immediate need of patients and reduce dependency on imports. According to the companies […]

Nickel Nickel prices fell for the fourth consecutive day to settle at Rs 1,224 per kg as participants reduced their position as seen by the open interest. The base metal plunged by Rs 78.6 or 6.03 percent on the MCX. The non-ferrous commodity has been trading lower than 5, 20, 50, 100 and 200 days’ […]

Expressing concern over rise in animal feed prices in the domestic market, the All India Poultry Breeders Association (AIPBA) on Sunday demanded the government to reduce import duty on soybean meal to zero for at least five months. Soybean meal remains the most common protein source for all compound feeds for poultry, dairy cattle and […]

This week is expected to be a bit volatile given the expiry of May derivative contracts. The market will closely watch the COVID-19 infections graph and global cues, which if remain favourable, then the indices may attempt to march towards record high levels, experts feel. The market had a stellar rally in the week ended […]

On its 11th anniversary in 2021, bitcoin price reached a high of $ 63,000. So, the two pizzas were worth $ 630 million. May 22 is known as Bitcoin Pizza Day, marking the 11th anniversary date where in 2010 a Florida man Laszlo Hanyecz paid for two pizzas with the cryptocurrency. Hanyecz is also the […]

Reuters Silver prices were steady this week to settle at Rs 71,049 per kg on stronger rupee and sell-off in industrial metals in choppy trade. However, the white metal was supported by gains in Gold, dollar weakness and ETF inflows. It ended the week with a mild loss of Rs 36 on the domestic bourse. […]

Musk has previously compared bitcoin to fiat money and often tweets about cryptocurrencies that have sent values for bitcoin and the meme digital currency dogecoin up and down. Reuters May 22, 2021 / 09:49 PM IST Tesla Inc Chief Executive Officer Elon Musk tweeted on Saturday that in a battle between fiat and cryptocurrencies, his […]

Crude palm oil futures pulled back after touching a fresh lifetime high on MCX during the week on weak demand prospect, sell-off in soyoil and localized lockdown in top consumer India. Malaysian palm oil August futures tanked 2.89 percent to settle at 3,993 Ringgits on Bursa Malaysia Bhd. It ended the week with a loss […]

Here is a complete wrap of what made headlines in the automotive space this week Maruti Suzuki has started a multi-speciality hospital at Sitapur in Gujarat in partnership with Zydus Hospitals. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] […]

Gold prices jumped by 1.53 percent during the week to settle at Rs 48,404 per 10 gram on choppy trading, a weak dollar and benchmark yields. However, rupee appreciation capped the upside. The yellow metal was supported by rising COVID-19 cases in Asia, a fall in the value of cryptocurrencies and the continuing easy money policies […]

Copper Copper price declined for the second successive week since the trend turned negative in the LME market in addition to the news that China plans to strengthen the management of both supply and demand sides to curb unreasonable increases in commodity prices and prevent the pass-through to consumers. The reddish-brown metal ended the week with […]

JSW’s interest, which extends to plants including Gupta’s Adhunik steel mill in eastern India, could mark yet another chapter for Britain’s steel industry, which has been privatised and sold to overseas buyers as its pre-eminence slid in lock-step with the country’s manufacturing might. Reuters May 22, 2021 / 01:18 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] […]

Representative image May and June are the usual seasons. You get your annual hike (and/or promotion) and are very upset about it. Negotiations for a pay hike haven’t worked out and quitting the job is the only option. Now what? How many jobs should you apply for? Isn’t it better to wait for one job […]

May 22, 2021 / 10:39 AM IST Coronavirus Vaccine LIVE Updates | Medical experts have been urging the government to start preparing for a possible third wave of COVID-19 cases in India later this year. Some experts believe that the third wave of novel coronavirus infections could affect children more than the first two waves. […]

May 22, 2021 / 08:55 AM IST Coronavirus News LIVE Updates | Taiwan says China is spreading fake news during COVID-19 spike A Taiwanese official accused China today of spreading fake news about the COVID-19 situation on the island, saying this was why the government was publicising and refuting instances of false information that have […]

Silver Silver prices traded in the red on Friday afternoon trade, tracking weak gold prices and sharp appreciation in the rupee. The white metal turned choppy along with gold as market participants assess the possibility of monetary tightening by the Fed and other central banks. The ETF inflows, weakness in dollar and Treasury yields lent […]

Crude oil futures soared on May 21 after three straight days of consecutive losses, but on track to report weekly loss since March. The oil price recovered and extended gain in the evening session tracking firm global cues, rally in equity markets and improving virus situation in Europe and the US. On the MCX, crude oil […]

Crude palm oil futures edged lower to 1,206.20 per 10 kg as participants trimmed their position as seen by the open interest. Malaysian palm oil futures corrected 2.89 percent to settle at 3,993 Ringgits on Bursa Malaysia Bhd. Crude palm oil extended losses in the evening session tracking weak demand amid lockdown situation in many […]