Here's a roundup of key updates in the commodities market.
Watch the video for a roundup of key happenings in the commodities market with a deep dive into some of the most active counters.
Jim Walker of Asianomics is worried about the rising consumer prices and how they may affect the market. As consumer prices pick up, the policy makers, he said, will be forced to tighten policy while economic growth rises.
In an interview with CNBC-TV18, Geoffrey Dennis said that the Nifty was fairly valued at about 16.5 times next year earnings but added that if the demonetisation-induced slowdown eases and India goes back to 8 percent growth next year, the market looks "interesting" to foreign investors.
In an interview with CNBC-TV18, Jans Lambregts said that the US Presidential election poses a lot of uncertainty and as seen with Brexit, the market is not discounting anything at the moment.
The US Fed is unlikely to raise rates, but there are signs that the body could start raising rates from June onwards, says Paul Mackel, Managing Director, Head of Asian Currency Research, HSBC.
Federal Reserve chairperson Janet Yellen is likely to remain balanced on rate hike in her speech on Tuesday, says David Mann, Head-Asia Economic Research at Standard Chartered.
The Indian economy is doing much better than what consensus thinks, says Neelkanth Mishra, Head of Equity Strategy India at Credit Suisse.
As far as corporate earnings go, India is growing faster on a relative basis, though earnings recovery that the market has been looking for since the last year is yet to come through, says Ridham Desai, head of India equity research and India equity strategist, Morgan Stanley
Robert Parker, Senior Advisor at Credit Suisse is of the belief that the recent volatility and sell offs seen in global market is not a bear market but just an unpleasant correction.
India is world's largest cutting and polishing centre for diamonds with 14 out of 15 diamonds process in India. However, due to the global economic downturn, this industry has seen a continuous fall in its revenues and global market share. Eminent panellists discuss what will make this industry come back to its high growth rates?
During times of such volatility, Hiren Ved of Alchemy Capital Management says everything works on a day to day basis. "A little bit of better results, global markets are okay, then that adds to confidence because at this point in time there is too much fear on the streets," he says
Situation in China, Iran, Saudia Arabia make a perfect storm for headlines, but investors should not panic and could use the situation to up risk in the markets, says Geoff Lewis, Global Strategist, capital markets at Manulife Asset Management.
Paul Schatz, president, Heritage Capital LLC, says the market fall is on account of crude oil collapse. "The recent selling has been relentless, this is certain the final capitulation," he told CNBC-TV18
With lower commodity prices, David Lennox of Fat Prophets expects the global inflation to remain subdued.
In an interview to CNBC-TV18, Vivek R Misra, Strategist- Asian Equities and Global Research & Strategy at Societe Generale spoke about the collapse that we have seen across global assets, outlook on rupee, how should we understand the global market meltdown as well as on Nifty.
In an interview to CNBC-TV18, Manoj Pradhan, Global Economist at Morgan Stanley Research spoke about the collapse that we have seen across global assets and how should we understand the global market meltdown.
In an interview with CNBC-TV18, Sanjay Dutt of Quantum Securities says that India is better placed to handle global crisis than India was in 2008.
The recent measure by the Chinese government to devalue its currency was leading to a global fear of a competitive devaluation race. As well, the Fed's expected exit from its zero-interest rate policy is leading to an outflow from emerging markets.
Speaking at a Network18 Event - Modi Sarkar - Year One Dialogues, Railway Minister Suresh Prabhu says in the one-year since the Modi government took charge,"we have been working towards removing growth roadblocks."
The global cues are telling that there is mayhem out there and that is going to continue in our market as well.
Presenting his outlook on the commodities market, Kishore Narne is bearish on crude for the shirt-term. On gold, he feels that the metal is still weak internationally and investors should look at the current rally as a good opportunity to sell.
Robert Parker of Credit Suisse AMC believes that this (tapering) process will be slow and the US central bank will still be buying bonds of USD 60 million after the tapering process.
Sanjay Shah of Morgan Stanley told CNBC-TV18 that liquidity in the Indian market will be better overall in H2FY14. He added that the depreciating rupee was not a matter of concern and is set to improve from here.
Speaking to CNBC-TV18 on US market and emerging markets like India and China, Robert Doll of Nuveen Asset Management advises investors to be patient as the US economy will recover. He added that India and China were interesting bets.