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MCX COMMODITY MARKET NEWS & LEVELS – 21 SEP 2017

Gold Prices Edge Higher; Eyes on Fed Statement. Gold prices edged higher on Wednesday buoyed by a weaker dollar as investors awaited the Federal Reserve policy statement to gauge whether the central bank will stick to its plan to hike rates at least once more this year. The Fed’s outlook on future monetary policy tightening

Stocks to look out for today:21 SEP 2017

In the last trading session, Nifty opened with a positive bias and thereafter it moved in a choppy range and ended the day with marginal loss. Going forward, the level of 10,115-10,130 is a key support area for two reasons; firstly the opening upside gap is placed in this zone and secondly, it’s a resistance

MCX COMMODITY EVENING NEWS UPDATES – 20 SEP 2017

Gold Prices Bounce Back on Softer Dollar Ahead of Fed – Gold prices bounced higher on Wednesday, as the U.S. dollar weakened ahead of the Federal Reserve’s highly-anticipated monthly policy decision due later in the day. Later Wednesday, the U.S. central bank was widely expected to leave interest rates on hold, but it was also

INDIAN EQUITY MARKET WRAP UP – 20 SEP 2017

INDIAN BENCHMARKS: SENSEX NIFTY ENDS LOWER AFTER CONSOLIDATION Equity benchmarks ended lower after a consolidation on Wednesday as investors looked for cues from Federal Reserve monetary policy meeting. The 30-share BSE Sensex was down 1.86 points at 32,400.51 and the 50-share NSE Nifty fell 6.40 points to 10,141.15. ICICI Bank, Tata Motors, IOC, HUL, Hero

TOP CORPORATE NEWS- 20 SEP 2017

NBCC bags Rs 4,000 crore order in Mumbai EPC Company, NBCC announced on September 20 that the company received order worth Rs 4,000 crore order to build a housing complex for excise department in Mumbai. The company hit its record high of Rs 221.10 per share, up by around 3% on the BSE on Wednesday.

The Fed is getting ready for its ‘biggest meeting of the year’

The Federal Reserve is about to make a momentous decision that should not be taken lightly. The central bank is widely expected to announce the start of a reduction in its $4.4 trillion balance sheet at the conclusion of its meeting on September 20. It’s a move the Fed hopes will go smoothly, but which has

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