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As On 24-Apr-2018
SENSEX
34,616.64
165.87 (0.48%)
NIFTY
10,614.35
29.65 (0.28%)
EQUITY
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  • Copper Depletes in Yet Another New Year Sessions

    Indian Copper kept the winning spree intact moving in December 2017 on a year on year basis. Last outing was checked and copper was 0.87%, at Rs 461.75 per kg. Rise in Indian infrastructure development and automotive production are driving growth in the sector. Power and cement industries are also aiding growth in the metals and mining sector. Demand for iron and steel is set to continue, given the strong growth expectations for the residential and commercial building industry.

    The global refined copper market showed a deficit of 180000 mt for the first nine months of 2017, according to a report released by the International Copper Study Group. This is mainly due to stagnant growth in world refined copper supply. September showed a strong deficit mainly due to high Chinese apparent use (highest in the year) led by a combination of strong refined copper production and imports.

    The prices of Nonferrous metals managed another month of rise in December. The year end 2017 brought gains in value of Non-Ferrous metals. On a yearly basis all the major metals posted decent gains in value. Domestic credit ratings agency ICRA has mentioned that the coming quarter will be fruitful for Non-Ferrous metals. Consumption of world metals will remain higher than supplies. The regime of China to shut down polluting units and overcapacity will be directly impacting the supplies of these non-ferrous metals.

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Flash News 24-Apr-2018
  •  ( 16:36) Sensex, Nifty settle at over 11-week high  
  •  ( 16:09) Market settles with modest gains  
  •  ( 15:40) Sensex, Nifty end higher amid volatility  
  •  ( 11:12) Bharti Infratel Q4 net profit up 3.05% to Rs 334.80 crore  
  •  ( 10:26) Reliance Naval Q4 net loss at Rs 408.68 crore  
  •  ( 09:25) Swaraj Engines Q4 net profit up 16.95% to Rs 17.87 crore  
  •  ( 08:07) Wall Street ends mixed as investors eye earnings  
Show News
24 April 2018 00:00
391.95
(1.74 %)
1173.10
(-0.47 %)
505.25
(-0.24 %)
2889.75
(1.25 %)
406.10
(0.61 %)
290.10
(0.31 %)
2156.25
(1.05 %)
1853.35
(1.22 %)
1936.00
(0.15 %)
3719.60
(0.05 %)
1458.70
(0.51 %)
284.20
(1.66 %)
1876.65
(0.06 %)
1153.90
(-2.49 %)
275.65
(0.18 %)
1166.80
(-0.32 %)
1377.45
(1.25 %)
838.45
(1.94 %)
9068.40
(0.08 %)
172.90
(-0.37 %)
182.60
(0.94 %)
206.00
(-0.41 %)
969.75
(3.70 %)
240.60
(-0.87 %)
517.65
(0.67 %)
331.55
(-0.58 %)
188.25
(-0.26 %)
598.25
(-1.23 %)
3385.65
(-0.87 %)
287.05
(-3.30 %)
323.40
(3.31 %)
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