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INDIAN EQUITY MARKET WRAP UP – 27 JUNE 2017

INDIAN BENCHMARKS: SENSEX CLOSES BELOW 31000, NIFTY DOWN 63.55 POINTS Benchmark indices trimmed some of its losses from the afternoon session, with the Nifty ending just a notch above 9500-mark while the Sensex ended below 31,000 for the first time since May 25. The Sensex closed down 179.96 points at 30958.25, while the Nifty ended

TOP CORPORATE NEWS- 27 JUN 2017

M&M discontinues AT variant of Scorpio M&M has discontinued the AT (automatic transmission) variant of its leading utility vehicle Scorpio with immediate effect citing end of life cycle for the product. This is unlikely to have any material impact of the sales volumes of the company as the AT variant constitute a small share of

MCX COMMODITY EVENING NEWS UPDATES – 27 JUNE 2017

GOLD : – Gold prices fell to hit their lowest in near six weeks on Monday, amid a stronger dollar and rise in Asian shares, ahead of a flurry of U.S. data due this week. Investors are settling into a cautious mode while they await the U.S. data, including June consumer confidence, pending home sales,

Gold inches down on firmer dollar ahead of Yellen speech

Gold edged down on Tuesday on a firmer dollar ahead of a speech by Federal Reserve Chair Janet Yellen, which may give clues on the pace of possible interest rate hikes by the U.S. central bank. FUNDAMENTALS * Spot gold had fallen 0.2 percent to $1,241.11 per ounce by 0046 GMT. It hit a near

INDIAN EQUITY MARKET OUTLOOK – 27 JUNE 2017

Dalal Street to see muted start; SGX Nifty down 5.50 pts @9616 ; Indian Indices: In Indian shares are likely to witness a muted Tuesday morning deals as the global markets look subdued with SGX Nifty trading 5.50 points lower @9616 Indian equities are likely to open flat on Tuesday, tracking bearish cues from Nifty

Gold slips, market cautious ahead of U.S. data this week

Gold prices edged lower on Monday as investors remained cautious ahead of a flurry of U.S. data due this week, with firmer Asian stocks also weighing on the market. Investors will watch U.S. data including June consumer confidence, pending home sales, crude oil inventories and revised first quarter GDP for any signs of softness that

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