Skip to main content

Stock Market Update - Yellow metal dips, Dishman Carbogen Amcis Gains

Dishman Carbogen Amcis Gains The Most In Three Weeks Shares of Dishman Carbogen Amcis rose as much as 6.7 percent, the most since Nov. 25, to Rs 128.60. The stock declined 44 percent in the past 12 months compared to a 14 percent gain in the Sensex, The stock traded at 8.9 times its estimated earnings per share for the coming year, according to Bloomberg data.

Global Markets Update: Europe Stocks Gain Along With U.S. Futures Stocks in Europe and U.S. equity futures started the week on the front foot amid hopes of a partial trade deal between America and China eases a key risk for investors headed into year-end.

Closing Bell--  The benchmark S&P BSE Sensex settled 71 points, or 0.17 percent, lower at 40,938.72 level. The losses seen at metal and FMCG counters were trimmed by gains in the information technology (IT) stocks. 

-- On the NSE, the broader Nifty50 index held the 12,000-mark, at 12,053.95 level, down 33 points or 0.27 percent. 

Gold price today: Yellow metal dips as trade war worries ease
Experts say both the precious metals are likely to remain volatile during the week amid trade-war developments.


India February Gold futures dipped on December 16 after the United States and China reached an interim deal in a trade dispute festering for 17 months.

“The ‘phase one’ trade agreement was announced on Friday and on Sunday US Trade Representative Robert Lighthizer said US exports to China will nearly double over the next two years though officials are yet to decide a date to sign the agreement,” a Reuters report said.

Gold and silver prices remained volatile amid the first phase of the US and China trade deal and thumping victory for Boris Johnson in the UK parliamentary election.

Astron Paper & Board Mill enters into a strategic partnership agreement with China-based co: BSE filing
-- The Company has entered into a "Strategic Partnership Agreement" with SHANDONG ZHONGHUI SUPPLY CHAIN MANAGEMENT CO LTD, (ABC Paper), China.

-- The agreement will be executed for the period of three years i.e up to 31st December 2022.

-- The ABC PAPER will transfer technical knowledge and experience for the upgrade of the plant

Stock Market | Market News | Gold | Bank Nifty
Labels:

Comments

  1. Dariya14 March 2020 at 18:41

    nice information thanks for sharing valuable content with us we also provide great information related to your blog feel free to visit our Forex market

    ReplyDelete
  2. Ady12 August 2020 at 16:36

    Thanks for sharing valuable information.
    Indian Bank
    IDFC First Bank Ltd
    Union Bank of India Ltd
    Stock Investor

    ReplyDelete

Post a Comment

Popular posts from this blog

Stock Market News - Trade war worries kept base metal prices under pressure in 2019

The trade deal developments and its impact on the global economy remain the trendsetter of commodity prices in 2020. A successful deal will boost global economic activity and improve the demand for base metals. In the past year, trade uncertainty hit global economic sentiments adversely as base metal prices in the domestic futures market settled with moderate gains. Commodities such as copper and lead ended with gains of 8 percent, while aluminium and zinc advanced 6 percent and 4 percent, respectively. Performance of nickel was exceptional with a whopping gain of more than 40 percent. At the same time, price-performance at its key overseas markets was rather steady. Trade war worries that fanned fears of recession roiled the global manufacturing sector last year, particularly China. This because Chinese industries are the key consumers of all base metals. Economic growth in the country tumbled to multi-year lows due to the 17-month trade dispute between the United Sta...
1 comment
Read more

Stock Market News - Yes, Bank top gainer, Ratnamani Metals Gains

Titan Company shares climb 2%: Shares of Titan Company climbed over 2 percent on BSE ahead of analyst and institutional investor meeting on December 20. Rupee Update: The Indian rupee recovered from the lows but trading marginally lower at 71.06 per dollar. NEWS ALERT |  1. Hold it against PSBs that they haven't passed the benefits of rate cuts to customers: FM -- Made sure stressed MSMEs are not declared NPAs: FM 2.  PSBs must move more liquidity out in the system: FM -- Together with banks and RBI, we looked at where liquidity was stuck: FM 3. Anish Shah appointed CFO of Mahindra & Mahindra till April 2021: BSE Filing -- Shah will become MD & CEO of co for 3 years w.e.f April 2, 2021. -- VS Parthasarathy will step down as CFO on April 1, 2020 -- Board approves transition of Anand Mahindra's role to Non-executive Chairman.  -- Pawan Goenka re-designated MD & CEO up to November 11, 2020 TOP GAINERS & LOSERS...
4 comments
Read more

Stock Market News - Yellow metal hits fresh record high as Iran attacks US forces

On the MCX, gold contracts for February were trading higher by Rs 562, or 1.38 percent, at Rs 41,225 per 10 gram at 0920 hours. It hit a record high of 42,278 per 10 gm. India Gold February futures hit a fresh record high on January 8 tracking gains in international spot prices which surged past $1,600 an ounce mark after Iran fired rockets at Iraqi airbase which hosts US forces that triggered risk-off sentiment. Spot prices hit their highest since March 2013 at $1,610.90 earlier in the session. US gold futures rose 2 percent to $1,605.80. “The jump in the price of what’s viewed by investors as a safer asset in times of political and economic uncertainty came after Iran’s missile attack on US-led forces in Iraq early on Wednesday,” said a Reuters report. “The attack came hours after the funeral of an Iranian commander whose killing in a US drone strike has raised fears of a wider conflict in the Middle-East,” it said. On the MCX, gold contracts for February were trading...
4 comments
Read more