SP Chandel - Stock Market News & Updates

Gold prices increased due to rise in crude oil On the Indian futures market MCX also rose strongly in gold and silver and crude oil futures on Wednesday. Silver March contract up Rs 550 on MCX from last session Gold and silver and crude oil futures were also traded on the Indian futures market MCX on Wednesday, after the bullion and crude prices rose in the international market due to deepening military tension between the US and Iran. Strongly accelerated. In the domestic futures market, the gold price has once again reached a new high, while in the international market, it has remained at an almost seven-year high. Speeds up on multi commodity exchange India's largest futures market, Multi Commodity Exchange ie MCX, was trading at Rs 41,193 per 10 grams at 9.30 am on Wednesday in the February expiry contract of gold at Rs 41,193 per 10 grams, compared to the previous price of Rs 40,946. Opened at Rs 41,278 per 10 grams. Silver trend too fast M

Oil Prices Fall Despite OPEC + Supply Cut spchandel.com - Oil costs fell on Friday in Asia even afterthe Organization of the Petroleum Exporting Countries (OPEC) and its partners consented to build yield cuts by almost half in mid 2020. U.S. Unrefined petroleum WTI Futures exchanged 0.3% lower to $58.27 by 12:29 AM ET (04:29 GMT). Universal Brent Oil Futures were down 0.4% to $63.15. OPEC+ consented to cut an extra 500,000 barrels for each day (bpd) of generation. Be that as it may, the move neglected to lift oil costs today as the slices would likely just last through the primary quarter of 2020. It is an a lot shorter time span than proposed by some OPEC pastors, who have called for broadening cuts until June or December 2020.  The "choice is by all accounts to a greater extent a housekeeping move that will limit the hole between their present objective and the over-consistence we have seen from the coalition," said Edward Moya senior market investigator at OANDA in

10 things to know before the opening bell on November 29 Indian offers are relied upon to open level to-negative on Friday as SGX Nifty, a pointer of the opening for the Nifty, was exchanging 5 lower at 12,181, alluding to a level or somewhat lower start for the local market. The Q2 GDP development numbers will be declared today. According to the CNBC-TV18 survey, it is anticipated that Q2 GDP development will come in at 4.64 percent, down from 5 percent in the Q1FY20 and 7 percent from a similar quarter a year prior. 1. Asia: Stocks in Asia were blended in Friday morning exchange as speculators keep on looking for advancements on U.S.- China exchange following an ongoing acceleration pressures over Hong Kong. Japan's Nikkei 225 rose 0.24% in early exchange, the Topix likewise progressed 0.11 percent. South Korea's Kospi, then again, slipped 0.1 percent. Then, shares in Australia edged higher in morning exchange, with the S&P/ASX 200 up around 0.3 percent. 2