IndiaNivesh Market Recap and Outlook for January 18

By Mehul Kothari Senior Technical Analyst, IndiaNivesh Securities Ltd. Yet another day of consolidation was observed on the D–Street in the absence of any fresh triggers for upside. The... Read more »

Indian Steel Prices Marginally Declined on Thursday

Steel Sector News (Domestic and Global): I. Indian steel prices marginally declinedon Thursday due to limited inquiries through the domestic buyers in the wake of slight rise in inventories. II.... Read more »

CIBJO issues new guideline for the jewelry industry

Diamond News: i. The World Jewellery Confederation (CIBJO) has issued a new guideline for the jewelry industry covering standards and practices for supply-chain due diligence. CIBJO also released Blue... Read more »

Ex SC Judge: Atul and Rahul Kirloskar gave false declaration, indulged in insider trading

SEBI is probing the role of promoters of Kirloskar Industries Limited, Atul Kirloskar and Rahul Kirloskar for a share transaction valued at ₹ 275 crs in a group company... Read more »

Market Outlook: Nifty again manages to close above 10880

Mehul Kothari Senior Technical Analyst, IndiaNivesh Despite the range, bound movement, Nifty has again managed to close above 10880 which indicates that the triangle breakout is still intact and... Read more »

Daily Commodity review

Manoj Kumar Jain Director & Head of Commodity Research, IndiaNivesh IndiaNivesh expect after Brexit deal failure gold will get traction in coming days and will possibly break $1300 in... Read more »

Gold prices up on China and Brexit deal vote worries

By Manoj Kumar Jain Director and Head of Commodity Research, NiveshDaily Commodity Both the precious metals were traded positive in international markets. Gold settled at $1291.30 per troy ounce up... Read more »

Domestic and Global Steel Sector News

I. Competitive offers of iron ore lump in eastern India have kept domestic pellet prices to register downtrend. Eastern India pellet offers remained subdued. Durgapur pellet prices have experienced further decline... Read more »

Alrosa sales rose by 38% y-o-y to $328.7 million in December’18

Diamond News: i. Alrosa sales rose by 38% y-o-y to $328.7 million in December’18. Moreover during December’18, rough-diamond sales increased by 42% to $323.7 million, while polished revenue dropped 47% to... Read more »

Belgian regional authority to invest 2.3 million in a production facility for industrial synthetics

Diamond News: i. A Belgian regional authority has announced to invest 2.3 million in a production facility for industrial synthetics. The investment of the government of Flanders will help India-based Heyaru... Read more »