Market summary for ICEX Steel, Diamond and Rubber future contracts ended on January 8 at 11.55 pm

ICEX Steel future: Physical market at Mandi Gobindgarh  opened at Rs. 33,300  traded in the range of Rs. 33,400 – 33,300/ton and settled at Rs. 33,300/ton. Ghaziabad market traded  at Rs. 32,200/ton.... Read more »

Israel’s polished-diamond exports stabilizes in 2018

Diamond News: i. Israel’s polished-diamond exports witnessed stabilizing in 2018 after three years of contractions. According to data published by Ministry of Economy and Industry, shipments slipped 2.5% to $4.48 billion for... Read more »

Gold trades cautiously ahead of US-China trade talk outcome

Manoj Kumar Jain Director and Head of Commodity Research, IndiaNivesh Securities Limited Both the precious metals were traded range bound in international markets on Monday. Gold settled at $1289.90 per troy ounce... Read more »

NiveshDaily Currency : Dollar/rupee ended near one-week low Monday

Seema Yadav  Research Analyst, IndiaNivesh Securities Limited Dollar/rupee ended near one-week low Monday on selling by foreign banks tracking a weak greenback after dovish comments from Federal Reserve Chair Jerome Powell. Technical, USDINR... Read more »

Israel Diamond Exchange (IDE) to hold its first tender of Israeli polished goods

Diamond News i.The Israel Diamond Exchange (IDE) will hold its first tender of Israeli polished goods during the International Diamond Week in Israel (IDWI). The tender, managed by KOIN International, will be... Read more »

Gold prices hits $1300 but closes down as Powel turns “patient” for rate hike

Manoj Kumar Jain  Director and Head of Commodity Research, India Nivesh Both the precious metals were traded negative in international markets. Gold settled at $1286.65 per troy ounce down by 0.63% while... Read more »

NSE partners with IIT Kanpur to strengthen cyber security solutions for Indian capital market

The National Stock Exchange of India Ltd. (NSE), India’s leading Stock exchange has signed a Memorandum of Understanding (MoU) with IIT Kanpur, one of the premier technology institute’s in the country, to... Read more »

Domestic and Global Steel Sector Report

Here is the update  pertaining to domestic and global steel sector. I. Indian steel market witnessed further decline in prices due to limited demand and high supply. As per market sources, the rebar... Read more »

Diamond News and Weekly Market Summary

Diamond News: i. Trading of polished diamond in India remained slow due to festive season of Christmas and New year. However jewelry sales remained stable due to ongoing wedding season. ii. The Gem... Read more »

Shriram Transport to raise upto Rs. 700 crore through public issue of NCDs

Shriram Transport Finance Company Limited is proposing a public issue of upto Rs. 700 crore by issuing Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs. 1,000 each. The company... Read more »