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MCX COMMODITY MARKET NEWS & LEVELS – 22 JUNE 2017

Gold gains in Asia as Fed views change, weak dollar supports.  Gold prices rose in Asia on Thursday with a weaker dollar and revised views on the Fed hiking rates for a third time this year offered support. Overnight, gold prices traded above breakeven on Wednesday, as the dollar faded despite data showing that U.S.

MCX COMMODITY MARKET MORNING UPDATES – 22 JUNE 2017

GOLD – Gold prices rose in Asia on Thursday with a weaker dollar and revised views on the Fed hiking rates for a third time this year offered support. Overnight, gold prices traded above breakeven on Wednesday, as the dollar faded despite data showing that U.S. existing home sales unexpectedly rose in May while growing

Markets may see flat start; SGX Nifty up 5 pts @9667

Markets may see flat start; SGX Nifty up 5 pts @9667; Indian Indices: Indian shares are likely to witness flat trade in morning deals as the global markets look subdued with SGX Nifty trading 5 points higher @9667 Indian equities are likely to open flat with negative bias on Thursday, tracking muted cues from Nifty

INDIAN EQUITY MARKET WRAP UP – 21 JUNE 2017

INDIAN BENCHMARKS: GLOBAL WEAKNESS DRAGS SENSEX NIFTY TO END IN RED Equity benchmarks extended losses for second day Wednesday, with the Nifty closing below 9650 on profit booking and weakness in global peers. Investors remained cautious ahead of GST rollout from July 1. The 30-share BSE Sensex fell 13.89 points at 31,283.64 and the 50-shrae

TOP CORPORATE NEWS- 21 JUN 2017

Tech Mahindra to sell step-down arm to Swiss firm Software services firm Tech Mahindra has agreed to sell a step-down subsidiary in Pakistan to Swiss firm Talkpool AG for $5.2 million (Rs33.5 crore). Mahindra Group Company said that Tech Mahindra unit LCC Middle East FZ LLC is selling LCC Pakistan Pvt. Ltd subject to regulatory

MCX COMMODITY EVENING NEWS UPDATES – 21 JUNE 2017

GOLD – Gold inched lower on Tuesday while touching a five-week low earlier in the session as a key U.S. Federal Reserve official reaffirmed its hawkish stance on interest rate hikes. However, Risk aversion due to Brexit, concerns over U.S. President Donald Trump’s ability to carry out financial reforms, election results in Europe and Middle

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