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CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 15 OCT 2018

  BULLION:- There were a recent combination short covering and a flight to safety that lead to gold’s rapid increase in price with the precious metal climbing through the descending channel’s resistance to set a fresh high of $1,226/oz up from $1,180 recent double bottom lows. However, US equity markets set a firmer tone on

TOP CORPORATE NEWS- 12 OCT 2018

M&M subsidiary forms JV with Sumitomo Corporation for Crop Care Business India’s business conglomerate Mahindra and Mahindra Limited (M&M), announced that its subsidiary has set up a joint venture (JV) with Sumitomo Corporation (Sumitomo) of Japan for the crop care business. M&M will invest in the JV through its subsidiary, Mahindra Agri Solutions Limited (MASL),

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 12 OCT 2018

BULLION:- Gold edged down on Friday but held near an over two-month high hit in the previous session, when prices surged over 2 percent as a rout in global stock markets boosted the metal’s safe-haven appeal. Spot gold was down 0.2 percent at $1,221.06 an ounce at the time of writing. On Thursday, it jumped

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 11 OCT 2018

BULLION:- Gold prices edged higher in the morning session as some investors sought refuge in the precious metal after the global stocks tumbled and the U.S. dollar weakened. Spot gold rose 0.4 percent to $1,194.12 per ounce at the time of writing. U.S. gold futures settled up $1.9, or 0.16 percent, at $1,193.4. Stocks on

TOP CORPORATE NEWS- 9 OCT 2018

BHEL wins Rs2,900cr orders for emission control equipment from NTPC Bharat Heavy Electricals Ltd (BHEL) has bagged four orders for emission control equipment from NTPC Ltd. Valued at about Rs2,900cr, these orders involve the supply and installation of Flue Gas Desulphurization (FGD) systems for control of SOx emissions at NTPC’s 3×660 MW North Karanpura, 2×500

CAPITALSTARS INDIAN EQUITY MARKET WRAP UP – 9 OCT 2018

Closing Bell: D-Street ends on a negative note, Nifty holds 10,300; Tata Motors down 13%. Shares resumed their downtrend after a brief pause from the selloff that was seen on Monday. The Nifty ended around 10,300, while the Sensex closed over 170 points lower. There was large-scale selling across automobiles, energy, and FMCG names, while

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