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RBI can buy $9 bn more forex from market: BofA-ML

17-05-2013| Source:PTI

The Reserve Bank can buy USD 9 billion according to the balance of payments estimates and after assuming the Brent crude to be at USD 110 a barrel.

HPCL shuts CDU unit after fire at Visakhapatnam refinery

17-05-2013| Source:Reuters

The fire, which was put out immediately, resulted in the shutting down of a 3 million tonnes a year crude distillation unit (CDU) at the refinery, one of the officials said.

Gold to face more selling pressure: IIFL  

17-05-2013| Source:CNBC-TV18

In an interview to CNBC-TV18, Tarang Bhanushali of IIFL spoke about movements in gold and crude.Below is a verbatim transcript of the interview:Q: It is only moving lower for gold, how are you guys

Expect crude oil prices to move in range: Emkay

17-05-2013| Source:Moneycontrol.com

Emkay Commodity Research has come out with its report on Crude Oil and Natural Gas. The research firm expects crude oil prices to move in a range as tensions in Middle East and weak economic data

Commodity bets: How to play copper, crude, gold today  

17-05-2013| Source:CNBC-TV18

Sachdeva of Religare Commodities suggests selling crude. "Our stance would be to go for short positions on higher levels close to Rs 5,190-5,200 per bbl mark, keeping a stop in place at Rs 5,250 per bbl mark

Sell MCX Gold June; target Rs 25700: Geojit Comtrade

16-05-2013| Source:Moneycontrol.com

. MCX Crude May : Sell around 5130 levels with a stop loss placed above 5160 levels for targets of 5060 levels.MCX Natural Gas May : Buy around 224 levels with a stop loss placed below 220 levels for targets

BSE Sensex closes slightly up; bulls pause for a breather

16-05-2013| Source:Moneycontrol.com

with CNBC-TV18.Crude remained stable around USD 103, and even though gold prices have been under pressure, India's current account deficit is still hurting from high gold imports.Still, it may be too early

Expect base metals to move down: Emkay

16-05-2013| Source:Moneycontrol.com

.Three-month copper on the London Metal Exchange ended at USD 7,198, down from Tuesday's close of USD 7,245, having earlier hit a low of USD 7,101 a tonne.Energy:U.S. crude futures for June delivery settled up by USD 0

Expect further selling in Gold till Rs 25300: Mangal Keshav

16-05-2013| Source:Moneycontrol.com

, Johor and New Orleans in recent weeks that had taken inventories back down towards the 1mn ton mark.Also Read: Here's how Anand Rathi recommends trading gold, silverCrude oil futures recovered from early

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May 18, 2013 at 18:06 | Source: The Hindu BusinessLine
May 18, 2013 at 05:45 | Source: FirstPost
May 18, 2013 at 05:25 | Source: Economic Times
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