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DAILY MCX COMMODITY MARKET NEWS & LEVELS – 17 NOV 2017

Gold Gains In Asia As US Tax Cut Views Stoke Inflation Concerns. Gold prices edged up in Asia as U.S. tax cuts move closer to passage, raising inflation concerns for some investors. Overnight, gold prices were roughly unchanged on Thursday as the recent trend of flattening yields faded but downside momentum was capped by dollar

Stocks to look out for today: 17 NOV 2017

During the previous trading session, Nifty showed tremendous resilience to bounce back from the lower levels to close above the crucial psychological level of 10,200 led by PSU banks and IT stocks. Price action for the day led to formation of sizable bull candle. On the daily chart, seven straight sessions of correction followed by

INDIAN EQUITY MARKET OUTLOOK – 17 NOV 2017

Mkts to flash green; SGX Nifty up 99 pts; Indian Indices: Indian benchmark indices are likely to open higher on Friday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and positive trend across global peers. SGX Nifty is trading up by 99 points at 10359, indicating a positive opening. The market staged

MCX COMMODITY EVENING MARKET NEWS UPDATES – 16 NOV 2017

Gold Prices Little Changed Ahead of U.S. Tax Vote – Gold prices were little changed in early deals on Thursday, as investors kept an eye on U.S. tax reform developments ahead of a vote in Congress later in the day. House Republicans are set to pass a sweeping rewrite of the tax code when they vote this

TOP CORPORATE NEWS – 16 NOV 2017

NTPC’s arm inks loan agreement with REC NTPC’s arm – Patratu Vidyut Utpadan Nigam (PVUNL) and Rural Electrification Corporation (REC) have signed a loan agreement for establishing the 3×800 MW Patratu Super Thermal Power Project Phase-I in Jharkhand. The project cost of Rs 18,668 crore is funded in debt equity ratio of 75:25 and Rs

INDIAN EQUITY MARKET WRAP UP – 16 NOV 2017

INDIAN BENCHMARKS: SENSEX RALLIES 346 POINTS TO CLOSE ABOVE 33100 NIFTY ENDS UP 96 POINTS Equity benchmarks rebounded sharply after three-day of losses, backed by technology, banks, metals and energy stocks. The 30-share BSE Sensex was up 346.38 points or 1.06 percent at 33,106.82 and the 50-share NSE Nifty rose 96.80 points or 0.96 percent

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