Markets

TREND: FIIs enter Dec F&O series with high hopes, but DIIs cautious

Friday, Nov 27, 2020 By Chiranjivi Chakraborty MUMBAI – After a record-breaking buying spree in the November derivative series, foreign institutional investors have started the new futures and options series with bullishness at a multi-year high.  The optimism comes in the backdrop of increasing probability of the mass distribution of COVID-19 vaccines in...

Equity Futures:Two-wheeler cos see long bets ahead of Nov sales data

Friday, Nov 27, 2020 By Chiranjivi Chakraborty MUMBAI – Traders took bullish positions in the December futures contracts of two-wheeler manufacturers today, ahead of the release of November sales data next week. Analysts expect two-wheeler sales to have risen sharply in the current month aided by positive demand during the festival season and...

India Stocks Review: Mid, small-caps shine even as sentiment muted

Friday, Nov 27, 2020 By Apoorva Choubey  MUMBAI – Sharply outperforming large-caps, mid- and small-cap stocks stole the limelight in today's trade as investors rushed to buy them after relaxation of some margin rules in the cash segment came into effect, dealers said.  Even as global sentiment was downbeat, the Nifty Smallcap 100 and Nifty Midcap...

Short-Term Debt: Rates steady, issuances low ahead of long weekend

Friday, Nov 27, 2020By Vishal Sangani MUMBAI – Rates on short-term debt instruments such as certificates of deposit and commercial papers were unchanged today because issuances were lower ahead of the extended weekend, dealers said. Indian money markets will be shut on Monday on account of Guru Nanak Jayanti. Rates on three-month CPs of manufacturing...

India Grain: Spot wheat prices fall as bulk demand weakens

Friday, Nov 27, 2020 By S. Anirudh Iyer NEW DELHI – Prices of mill-quality wheat in Indore and Jaipur fell today, while prices of maize, bajra and basmati paddy were steady.  * In Indore, Madhya Pradesh, prices of mill-quality WHEAT were down because of a rise in supply amid weak demand from bulk buyers such...

India IRS Review: Up on econ recovery view, crude may rise further

Friday, Nov 27, 2020 By Suyash Pande NEW DELHI – Overnight Indexed Swap rates ended higher today as traders chose to pay fixed interest rates on the view that economic growth was picking up and crude oil prices were rising, dealers said.  The one-year swap rate ended at 3.61-3.65% against 3.58-3.62% at the previous close....

India Rubber: Prices at 1-mo high in Kerala on firm demand; TOCOM up

Friday, Nov 27, 2020 By Rahul Dhuri MUMBAI – Prices of natural rubber hit a one-month high in the key markets of Kerala today due to firm demand from tyre makers and domestic stockists.  * Both sectors of the consuming industry-–tyre and non-tyre--have recovered from the impact of the COVID-19 pandemic and business is in...

India Edible Oil: Rebounds as demand recovers at lower prices

Friday, Nov 27, 2020 By Kaushal Verma NEW DELHI – Futures contracts of all components in the edible oil basket rebounded on domestic exchanges today. * After hitting a lower circuit of nearly 4% to 863.3 rupees per 10 kg in previous session, futures contracts of CRUDE PALM OIL on Multi Commodity Exchange of India surged as demand...

India Bullion: MCX gold marginally up on weak rupee, COMEX flat

Friday, Nov 27, 2020 By Roshni Devi MUMBAI – GOLD contracts on the Multi Commodity Exchange of India slightly rose today, factoring in the rupee's weakness against the dollar, analysts said. * A weak rupee makes the import of dollar-denominated commodities like gold expensive. * On COMEX, gold contracts were flat on lack of any fresh cues...

India Sugar: Falls in north India on weak bulk demand; rises on ICE

Friday, Nov 27, 2020 By S. Anirudh Iyer NEW DELHI – Ex-mill prices of sugar fell today in all key wholesale markets across north India, while prices were flat in Maharashtra. * Prices in north India fell due to weak demand from bulk buyers, said Naresh Gupta, a trader. * Prices in Maharashtra were steady...


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