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TOP CORPORATE NEWS- 07 DEC 2018

Kotak Mahindra Bank clarifies on report of Berkshire investment Shares of Kotak Mahindra Bank (KMB) were trading higher on both the indices during the afternoon session. The bank has clarified that it is unaware of any plans by Berkshire Hathaway to buy stake in the bank. The Exchange had also sought clarification from Kotak Mahindra

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 07 DEC 2018

Gold inches higher as dollar dips amid risk aversion. Gold prices rose slightly on Friday and were headed for their best week in 15, as the dollar weakened following a decline in U.S. Treasury yields, while investors awaited U.S. nonfarm payroll data for clues about the health of the world’s top economy. Atlanta Federal Reserve

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 06 DEC 2018

Gold inches higher as dollar dips amid risk aversion. U.S. stock futures tumbled on Thursday and Asian markets followed after Canadian authorities arrested a top executive of Chinese tech giant Huawei Technologies, fanning fears of further tensions between China and the United States. MKTS/GLOB The dollar, which has enjoyed an unrivalled surge against its peers

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 06 DEC 2018

BULLION:- U.S. stock futures tumbled on Thursday and Asian markets followed after Canadian authorities arrested a top executive of Chinese tech giant Huawei Technologies, fanning fears of further tensions between China and the United States. MKTS/GLOB The dollar, which has enjoyed an unrivalled surge against its peers this year, will be undermined in 2019 on

CAPITALSTARS- INDIAN EQUITY MARKET OUTLOOK – 06 DEC 2018

Nifty likely to open lower. Indian Indices: Trends on SGX Nifty indicate that the index will open 87.50 points or 0.81 percent lower in India. Global Market: • Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 1.84% while the Hang Seng is down 2.78%.

TOP CORPORATE NEWS- 05 DEC 2018

ONGC receives $32mn from Petroleos de Venezuela ONGC has received a payment of $32mn from Petroleos de Venezuela (PDVSA) as part of a settlement of outstanding dividend payments. ONGC said it now hopes that the Venezuelan state-oil firm will be regular in making further payments. In 2016, PDVSA and ONGC Videsh had signed a deal

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