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22-Apr-2024
Commodity Morning Trading Guide
Bullions counter may open on negative path as yellow metal edged lower as higher U.S. Treasury yields weighed on dollar-priced bullion, while investors kept a close watch on any potential escalation in the Middle East conflict.
22-Apr-2024
Direct tax collections surge by 17.70% to Rs 19.58 lakh crore in FY 2023-24: Daily Market Update – 22 April 2024
The Financial Year (FY) 2023-24 has seen a significant increase in Direct Tax collections, with provisional figures showing net collections at ₹19.58 lakh crore. This represents a 17.70% increase from the ₹16.64 lakh crore collected in FY 2022-23. The Union Budget had initially estimated Direct Tax revenue for FY 2023-24 at ₹18.23 lakh crore. However, this was later revised to ₹19.45 lakh crore. The provisional Direct Tax collections have exceeded these Revised Estimates by 0.67%, and the original Budget Estimates by 7.40%.
19-Apr-2024
Commodity Evening Trading Guide
BULLION – Middle East turmoil props gold for fifth straight weekly gain  
19-Apr-2024
Oil prices jump $ 3/ Bbl on Israel launches missile attack on Isfahan in response to Iran assault : Daily Market Update – 19 April 2024
Oil prices jumped $3 a barrel on Friday in reaction to explosions had occurred in Iran, sparking concerns that Middle East oil supply could be disrupted. Brent futures jumped $3.03, or 3.5%, to $90.14 a barrel by 0147 GMT, and U.S. West Texas Intermediate crude rose $3.03, or 3.7%, to $85.76 per barrel.
18-Apr-2024
Commodity Evening Trading Guide
METALS – Base metals rise as dollar rally pauses  
18-Apr-2024
Commodity Morning Trading Guide
Bullions counter may trade on upside path as yellow metal prices traded near their record high levels hit last week, as pressure from fading U.S. rate cut hopes overshadowed gains from safe haven demand arising out of geopolitical turmoil in the Middle East.
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