Learn with ETMarkets: Understanding base metals and how to trade it

Learn with ETMarkets: Understanding base metals and how to trade it

Base metals, known for their abundant availability and affordability, play a significant role in various industries. Unlike precious metals such as gold and silver, base metals are easier to mine and are traded extensively on exchanges like the London Metal Exchange (LME) and the Multi Commodity Exchange (MCX). Some of the most commonly traded base … Read more

Eid-e-Milad-un-Nabi a settlement holiday, but Zerodha allows trading, says Nithin Kamath

Eid-e-Milad-un-Nabi a settlement holiday, but Zerodha allows trading, says Nithin Kamath

Indian stock markets, including equity, derivatives, and SLB segments, remain open today for trading on Eid-e-Milad-un-Nabi. It is however a settlement holiday and as such no settlements happen today, said Nithin Kamath, founder of online brokerage platform Zerodha in his post on the social media platform X. “Today is a settlement holiday, and thus, settlements … Read more

Investors can consider MCX Futures and Gold ETFs as viable alternatives to SGBs: Kaynat Chainwala of Kotak Securities

Investors can consider MCX Futures and Gold ETFs as viable alternatives to SGBs: Kaynat Chainwala of Kotak Securities

With Sovereign Gold Bonds (SGBs) maturities approaching, investors should consider their options carefully. Whether to reinvest in new SGBs, explore other gold investments, or diversify into different asset classes depends on their individual financial goals and risk tolerance. Kaynat Chainwala, AVP-Commodity Research, Kotak Securities, in an interview with BT Money Today discussed the potential impact … Read more

Is the stock market closed tomorrow for Mumbai elections?

Is the stock market closed tomorrow for Mumbai elections?

Equity markets will remain closed on Monday on account of the Mumbai elections, according to the market holiday calendar of BSE. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed tomorrow. The Multi-Commodity Exchange (MCX) will remain closed for the morning session but will be open for the … Read more

Gold, silver price on 08 April 2024: Yellow metal surpasses Rs 70,000 mark, silver exceeds Rs 80,000 barrier

Gold, silver price on 08 April 2024: Yellow metal surpasses Rs 70,000 mark, silver exceeds Rs 80,000 barrier

Gold prices opened on the Multi Commodity Exchange (MCX) on Monday at Rs 70,999 per 10 grams and hit an intraday low of Rs 70,862. In the international market, prices hovered around $2,339.72 per ounce. Meanwhile, silver opened at Rs 81,093 per kg and hit an intraday low of Rs 80,030 on the MCX. In … Read more

8 Financial Services stocks hit 52-week high, deliver up to 25% gains in a month – New Highs!

8 Financial Services stocks hit 52-week high, deliver up to 25% gains in a month – New Highs!

Hindalco Industries. Share Price 492.65 03:59 PM | 29 Sep 2023 25.80(5.52%) NTPC. Share Price 245.55 03:59 PM | 29 Sep 2023 8.50(3.58%) Hero MotoCorp. Share Price 3057.25 03:59 PM | 29 Sep 2023 87.25(2.93%) Dr. Reddy’s Laboratories. Share Price 5587.00 03:55 PM | 29 Sep 2023 157.90(2.90%) Divi’s Laboratories. Share Price 3765.15 03:57 PM … Read more

Strong uptick in silver prices catches attention of investors

Strong uptick in silver prices catches attention of investors

Kolkata: The strong uptick in the price of Indian silver this month has caught the attention of investors. On Wednesday, the August silver mini contract on Multi Commodity Exchange (MCX) hit an eight-year high of Rs 62,250 per kg. The metal’s price has increased by nearly 24% in July so far. “Investor interest in silver … Read more