Indian share markets are closed on Tuesday on account of the Holi festival holiday, with trading suspended on both the National Stock Exchange (NSE) and the BSE.
Aluminium prices in domestic and global markets are expected to keep an upward trajectory this year as China's output cap restricts supply while energy-transition demand from electric vehicles, renewables and infrastructure continues to underpin the market, analysts said.
Tuhin Kanta Pandey, Chairperson of Securities and Exchange Board of India (SEBI), on Tuesday confirmed a probe into the Multi-Commodity Exchange (MCX) breakdown, calling for a deeper analysis.
After a bumper rally over the past few weeks, the precious metals market witnessed a sharp correction on Friday, as both Gold and Silver prices tumbled on the Multi Commodity Exchange (MCX).
Globally, gold prices edged up marginally 0.3 per cent in July at USD 3,299, when a stronger US dollar contributed to positive returns in all major currencies, according to World Gold Council.
Silver prices are expected to go up, due to a combination of factors including rising demand and declining supply, a recent report by ICICI ETF indicated.
Volatility in gold prices has declined and its response to interest rate hikes has become increasingly asymmetric, signalling a deeper, structural shift in the metal's role in global portfolios, said Llama Research in its June edition.
Gold prices in India breached the Rs 1 lakh per 10-gram mark to reach at an all-time high level on Friday, boosted by the weakness in the domestic currency, and rising safe-haven demand as Israel launched an airstrike on Iran.
The electricity derivatives contracts to be introduced by MCX will enable generators, distribution companies, and large consumers to hedge against price volatility and manage price risks more effectively, by enhancing efficiency in the power market.
Mohali (Punjab) [India], May 21: Shoonya by Finvasia has officially announced its upgrade from a Trading Member (TM) to a Trading-cum-Clearing Member (TM-CM) on the Multi Commodity Exchange (MCX). The transition took place after market hours on Friday, May 16, 2025, and has been fully operat