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CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 17 JULY 2018

Gold Falls as Lower Dollar, Data Weigh. Gold prices inched down on Monday, despite a lower U.S. dollar as data supported expectations of a Fed interest rate increase. Gold was weighed down by economic data pointing to an increase in Federal Reserve interest rates. Retail sales increased by 0.5% for the fifth month in a

CAPITALSTARS -STOCKS TO LOOK OUT FOR TODAY: 17 JULY 2018

The NSE benchmark Nifty opened the session on a muted noted, but soon after opening, the bears took the centre-stage and tightened the grip as the session progressed. In the end, Nifty ended near the day’s low at 10,937, plunging 0.74%. The price action formed a long bear candle, which has filled the opening upside

CAPITALSTARS- INDIAN EQUITY MARKET OUTLOOK – 17 JULY 2018

Nifty likely to open higher Indian Indices: Trends on SGX Nifty indicate a flat to negative opening for the broader index in India, a loss of 5.5 points or 0.05 percent. Nifty futures were trading around 10,943- level on the Singaporean Exchange. Global Market: • Asian markets- Asian markets are lower today as Japanese and

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP –16 JULY 2018

Closing Bell: Sensex ends over 200 points lower, Nifty gives up 10,950; Tata Steel down 7% Sharp selloff in the last hour dragged equity benchmarks lower on Monday, with the Nifty ending below 10,950. The Sensex ended over 200 points lower. The Sensex was down 217.86 points or 0.60% at 36323.77, while the Nifty was

TOP CORPORATE NEWS- 16 JULY 2018

LIC board approves to acquiring majority stake in IDBI Bank LIC’s board on Monday approved the acquisition of 51% stake in IDBI Bank. This majority buyout is a positive for the lender as it will get much-needed capital to grow further. The preferred option for the stake purchase is a preferential issue. The open offer

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 16 July 2018

Gold Gains as Dollar Slips Ahead of Trump-Putin Meeting – Gold price bounced back on Monday after dipping to a near 2018 low last week as the dollar slipped ahead of the first official dialogue between U.S. President Donald Trump and Russian President Vladimir Putin summit in Helsinki later in the day.  Trump played down expectations for the upcoming talks as he said in an

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