Aluminium prices closed higher by 0.09 per cent on Wednesday at the Multi Commodity Exchange (MCX) after China resumed its stockpiling programme to asset smelters hit by sluggish demand and low prices.
Aluminium prices closed higher by 0.09 per cent on Wednesday at the Multi Commodity Exchange (MCX) after China resumed its stockpiling programme to asset smelters hit by sluggish demand and low prices.
China\'s State Reserves Bureau (SRB) announced that it will start buying aluminum of around 400,000 tons from domestic smelters to resume stockpiles.
Emkay Global Financial Services is currently trading at Rs. 24.40, up by 2.05 points or 9.17% from its previous closing of Rs. 22.35 on the BSE.
The scrip opened at Rs. 23.00 and has touched a high and low of Rs. 24.40 and Rs. 23.00 respectively. So far 1,237 shares were traded on the counter.
Mahindra Lifespace Developers is currently trading at Rs 412.00, up by 1.60 points or 0.39% from its previous closing of Rs 410.40 on the BSE.
The scrip opened at Rs 411.00 and has touched a high and low of Rs 412.85 and Rs 411.00 respectively. So far 910 shares were traded on the counter.
McNally Bharat Engineering Company is currently trading at Rs. 100.25, up by 3.40 points or 3.51% from its previous closing of Rs. 96.85 on the BSE.
The scrip opened at Rs. 97.80 and has touched a high and low of Rs. 103.00 and Rs. 96.50 respectively. So far 57150 shares were traded on the counter.
Alok Industries is currently trading at Rs. 12.29, up by 0.19 points or 1.57% from its previous closing of Rs. 12.10 on the BSE. The scrip opened at Rs. 12.20 and has touched a high and low of Rs. 12.50 and Rs. 12.20 respectively.
With rupee gaining against the Dollar, gold prices on India's MCX is charting a positive trajectory. In the initial hours of the trade, MCX gold gained 0.14% to touch Rs.31083/10 grams.
Amid increased volatility due to the earning season, investors are also focusing on the central bank's stance on interest rates at its next meeting on October 30.
The company is expecting this on the back of upcoming festive season. MSI's sales growth in first half of this year was flat and with expectation of 10% growth in second half, the company anticipates that the overall growth should be in tune of about 5% for complete year.
Castorseed prices ended lower by 1.57 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of fresh supply of the commodity in the major mandies as well as strong production estimates for the current year.
Early injection estimates for Thursday's storage data range from 52 billion cubic feet to 77 billion cubic feet, compared to last year's build of 95 billion cubic feet. The five-year average change for the week is an increase of 65 billion cubic feet.
The rupee fell by 24 paise to 53.80 against the dollar in early trade on Monday at the Interbank Foreign Exchange on month-end demand for the American currency from oil importers.