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MCX COMMODITY MARKET NEWS & LEVELS – 21 FEB 2017

Gold prices edge down in Asia, but copper firm as supplies eyed.   Gold prices dipped in Asia on Tuesday, but copper held gains as investors eye the potential for a prolonged supply disruption from two of the world’s major mines. Gold for April delivery on the Comex division of the New York Mercantile Exchange

INDIAN EQUITY MARKET WRAP UP- 20 FEB 2017

INDIAN BENCHMARKS: SENSEX RISES 193 POINTS, NIFTY ENDS ABOVE 8850 Equity benchmarks maintained uptrend on the first day of week, with the Sensex rising 192.83 points to 28661.58. The Nifty gained 57.50 points at 8879.20. The broader markets climbed over a percent on positive breadth. About 1719 shares advanced against 1151 declining shares on the

TOP CORPORATE NEWS – 20 FEB 2017

M&M plans to launch petrol variants of XUV5oo and Scorpio M&M plans to launch petrol variants of XUV5oo and Scorpio amid consumer shift from the diesel variants; positive Mahindra & Mahindra plans to launch a petrol variant of its flagship Sports Utility Vehicle XUV500 in Q1FY18 in the wake of customer preference shifting away from

MCX COMMODITY MARKET NEWS & LEVELS – 20 FEB 2017

Gold down slightly in Asia on Master views, U.S. public holiday ahead.   Gold prices eased slightly in Asia on Monday after a further signal that a rate hike in March is a solid possibility in otherwise light trade with U.S. markets shut for a holiday. Gold for February delivery eased 0.37% to $1,234.555 on

GST Council to finalise draft model GST law tomorrow

The GST Council, which is meeting tomorrow, is likely to finalise the draft model GST law including final drafting of the anti-profiteering clause to ensure benefit of lower taxes gets shared with consumers. The Council, headed by Finance Minister Arun Jaitley and comprising representatives of all states, is also likely to finalise the definition of

INDIAN EQUITY MARKET WRAP UP- 17 FEB 2017

INDIAN BENCHMARKS: SENSEX RISES 167 POINTS, NIFTY ENDS AT 8822 Benchmark indices closed higher for second consecutive session, with the Sensex rising 167.48 points to 28468.75. The Nifty ended above 8800 level, up 43.70 points at 8821.70. The market breadth was balanced today. Sun Pharma, HDFC Bank, GAIL, ICICI Bank, Cipla and Tata Motors were

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