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As On 17-Oct-2018
SENSEX
34,779.58
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10,453.05
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  • Copper Trades Weak In Grim Speculative Activity

    Indian Copper prices are slipping on the first trading day of the year. With major investors missing from the scene due to new year the prices are running on local factors and was exchanging hands at Rs 464.6 per kg, down 0.30%. The prices tested a low of Rs 464.1 per kg.

    Large metals speculators advanced their bullish net positions in the Copper futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on last Friday. The prices of Copper in Indian markets have started the first day of the year at Rs 466.15 per kg, down 0.13%.

    The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of 42,698 contracts in the data reported through Tuesday December 26th. This was a weekly gain of 14,944 contracts from the previous week which had a total of 27,754 net contracts. Speculative positions rose for a second straight week and are at the highest standing since October 31st when net positions totaled 47,593 contracts.

    The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -43,066 contracts on the week. This was a weekly loss of -11,937 contracts from the total net of -31,129 contracts reported the previous week.

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Flash News 17-Oct-2018
  •  ( 15:52) Market snaps 3-day gains  
  •  ( 15:40) Sensex ends below 35,000 mark  
  •  ( 12:20) NBFCs shares tumble  
  •  ( 08:26) CRISIL Q3 consol. PAT up 29.66% at Rs 90.01 cr  
  •  ( 08:25) Hero MotoCorp Q2 PAT down 3.4% at Rs 976 cr  
  •  ( 08:02) Asia shares rally as Wall St bounce relieves  
  •  ( 08:02) Asia shares rally as Wall St bounce relieves  
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17 October 2018 00:00
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