COMMODITY MARKETS
Base metals lose momentum amid strong dollar and demand concerns
One of the key reasons behind the weakness in base metals is the strength of the US dollar. The Dollar Index (DXY) has climbed to the 103-104 range, supported by resilient US economic data, elevated Treasury yields, and expectations that the Federal Reserve may keep interest rates relatively restrictive for longer.
Tata Motors warns of sustained commodity cost pressures in Q3, expects margin relief in Q4 through price hikes and cost cuts
Tata Motors Passenger Vehicles anticipates strong sales volumes despite ongoing challenges like rising costs. The company reported a significant net loss due to exceptional charges and increasing commodity expenses. Semiconductor availability continues to be a concern, even as Tata Motors manages to secure required components. Jaguar Land Rover's performance remains crucial but faces uncertainty in the Chinese market. Management aims for improved profitability measures in the coming quarters.
India's crypto landscape evolving, with institutional entry and maturing retail trading patterns: Mudrex' Prateek Gupta
India’s crypto market is drawing a new class of participants as institutions, family offices and wealthy investors move beyond retail speculation and begin trading digital assets. The shift is being driven in part by arbitrage opportunities between tokenised gold and gold futures, with trades offering as much as 40 to 50 basis points on favourable days, according to Mudrex Business Head Prateek Gupta.
Gold price today: Why is gold rate down to lowest since November 4? Check latest predictions
Gold rate plunged to new low as strong US dollar and other factors have strong impact on the precious metal bullion. What could be likely gold prices in near terms? Details here
Caught between costly inputs and cautious buyers, India Inc takes a hit
Companies in India's consumer goods, automobile, and paints sectors are increasing prices to offset rising costs. The West Asia conflict has severely impacted input and logistics expenses across various industries. While some companies have raised prices, they are still absorbing part of these costs to maintain demand. Consumer giants like Hindustan Unilever and Asian Paints report pressure on their margins despite price hikes.
NCDEX launches India's first steel scrap futures contract: Key details
NCDEX has launched India's first price reporting agency-based steel scrap futures contract, introducing transparent price discovery and hedging opportunities. Based on HMS 80:20, the cash-settled contract aims to organise India's growing steel scrap market.
Higher input costs drag MRF Q2 net profit down 23%
Tyre maker MRF Ltd reported a 22.8% decline in net profit for the July-September quarter. Revenue from operations saw a growth of 17.4%, reaching Rs 8,660.19 crore compared to the previous year. However, total expenses also rose significantly, driven by sharp increases in raw material costs. The company announced an interim dividend of Rs 3 per share to its shareholders.
mjunction facilitates sale of 3,200 tonnes of onions through NAFED, NCCF auctions
mjunction Services has facilitated the sale of more than 3,200 metric tonnes of onions through digital auctions for government agencies NAFED and NCCF, as the government releases buffer stocks to improve market supplies and contain price increases.
Stock Market Holiday today: Are NSE, BSE open or closed today on account of Diwali-Balipratipada? Check remaining holidays for the year
Stock market open or close today: The Bombay Stock Exchange and the National Stock Exchange will not operate on November 10 in celebration of Diwali-Balipratipada. However, trading will continue on the Multi-Commodity Exchange that evening. After an initial spike, both indices faced a slight decrease during the recent Muhurat Trading. Notably, the market capitalization has enjoyed a robust increase recently, with further holidays causing closures on November 24 and December 25.
Americans growing more worried about jobs amid rising prices, finds NY Fed survey
* NY Fed survey finds rising worry over future unemployment * NY Fed poll finds little change in expected inflation * NY Fed survey reports stability in personal financial situations (Adds graphics)
Trump administration's embrace of "perp" futures sets off risk alarms for Wall Street stalwarts
The decision by the Trump administration to launch perpetual futures has sparked significant worry among market stakeholders. Leaders from established exchanges contend that these offerings might disrupt existing market dynamics and risk assessment practices. They claim that perpetual futures ought to be categorized as swaps due to their unique trading characteristics. Moreover, ongoing trading raises alarm about liquidity and counterparty risk, especially in turbulent market conditions.
Stock Market Holiday 2026: Is stock market closed on Tuesday? Check remaining holidays for the year
The BSE and NSE will remain closed on November 10 for Diwali-Balipratipada, while MCX will suspend trading during the morning session and reopen in the evening. The holiday follows a weak Muhurat Trading session, in which the Sensex and Nifty ended lower for the first time in nine years.
Explained: Why copper prices could fall further after four-month low amid US election outcome
Copper prices fell to a four-month low following the US midterm election outcome, which raised doubts over AI data centre demand and import tariffs. Despite a minor Monday bounce and tight supply constraints, analysts at TD Securities warn of potential further downside in the near term.
Stock market holiday this week: BSE, NSE opened on Sunday but will be closed on this day
BSE and NSE will remain closed on November 10 for Diwali-Balipratipada, while MCX will operate only during the evening session. Markets will reopen after the holiday, with November 24 and December 25 marking the remaining stock market holidays in 2026.
Gold, silver prices may sway with US-Iran tensions
As the US-Iran conflict and crude oil pricing remain in focus, bullion prices are set to encounter downward pressure. Key economic data releases from China, the US, Germany, Japan, and India will significantly impact inflation and interest rate expectations. Market watchers will be attentive to Federal Reserve remarks and US job market indicators for cues on trends.
Muhurat trading 2026 today: Date, time, settlement rules, and other key things investors should know
Muhurat Trading time and settlement rules: Indian stock markets will hold a special Muhurat Trading session on November 8, from 2:20 pm to 3:30 pm, marking the beginning of Samvat 2083. The Diwali tradition symbolises prosperity, with special trading schedules across equity and commodity markets.
Andhra CM Naidu orders immediate financial aid for Cyclone Murasu-hit families, steps to curb price rise
Andhra Pradesh Chief Minister N Chandrababu Naidu has directed officials to provide immediate financial assistance to families affected by Cyclone Murasu, ensure uninterrupted supplies of essential commodities and curb price rise. The state has distributed relief supplies to 3.8 lakh families, while power restoration and crop damage assessments remain underway.
ETMarkets Commodity Talk| Building a 5-year portfolio? Why gold could take the largest share of your commodity allocation, Deveya Gaglani decodes
In this edition of ETMarkets Commodity Talk, Deveya Gaglani, Senior Research Analyst – Commodities at Axis Direct, shares his views on the evolving commodity landscape and the role of gold, silver and industrial metals in a diversified portfolio. He also explains why gold could form the largest component of a long-term commodity allocation, while highlighting the risks of blindly buying the dip or chasing a sharp rally.
NCDEX partners with BigMint to enhance price transparency in steel scrap market
NCDEX has signed a strategic collaboration with BigMint to create a benchmark for steel scrap pricing. This partnership aims to improve price transparency and reliability for the steel industry in India. BigMint will provide daily spot price assessments, which will be used for settlement of new steel scrap derivatives contracts. The contract is expected to help participants manage price risks more effectively.
Load More
