Page 21 - Multi Commodity Exchange News Today

Analysts say apart from the dilemma over interest rates, geopolitical tensions in the Middle East are providing a strong floor for bullion

A short build-up was seen in 81 stocks including Chambal Fertilisers, Britannia Industries, Bajaj Finserv, HDFC Life Insurance Company, and Nestle India.

In 2023, the large-cap funds have drawn the maximum investment with total AUMs (assets under management) amounting to Rs 2,76,639 crore, as per AMFI data.

The CME Fedwatch tool shows traders are pricing in an 83% chance of the Fed keeping rates steady in March

It extended losses from the previous week as a mix of strong labour market data and hawkish Federal Reserve signals saw markets dial back expectations of early interest rate cuts

Gold Rate Today: In Chennai, the price for 10 grams of 22-carat gold is Rs 58,700, and for the same amount of 24-carat gold, it's Rs 64,040.

Get the latest stock price and share price for Multi Commodity Exchange (MCX) India on BSE/NSE. Stay updated with live MCX India stock price, historical data, and expert analysis on India Infoline

Analysts say this was because of geopolitical tensions, higher crude oil prices and weakness in the dollar after FOMC said it would not cut interest rates soon

Analysts suggest keeping an eye on the Interim Budget 2024-25

Analysts say bullion is trading near an important support zone, according to the daily chart