Here's a roundup of the key happenings in the commodities market.
Markets are worried Fed Chairman Jerome Powell may withdraw the drug that propelled them to new highs.
Tracking the sentiment, the Indian rupee touched a fresh record low of 74.46 per dollar.
Watch the video for a roundup of key happenings in the commodities market with a deep dive into some of the most active counters.
"The sector needs to be promoted as it holds huge potential. We have big brands in the leather and footwear sector. The government will provide financial support to carry out brand promotion activities in the international markets," the ministry official said.
The Indian benchmark indices ended the week on a negative note with the Sensex falling 2.2 percent while the Nifty was also down 2.2 percent.
Besides, LG Electronics India, which has manufacturing units in Noida and Pune, is also mulling to have a new unit in next 4-5 years to cater to the fast-growing eastern-region market of the country.
The company is also pumping in significant investment into the Indian market as it looks to become one of the top players in the next 3-5 years.
The rupee resumed marginally lower at 64.14 per dollar against Thursday's closing level of 64.12 per dollar at the interbank foreign exchange market. The domestic currency hovered in a range of 64.14 and 64.0850 before quoting at 64.09 per dollar at 1025 hrs.
Analysts on D-Street might feel that the rally has just started in Indian equity markets and high valuations are not something which bothers them but Marc Faber, the editor of "The Gloom, Boom & Doom Report beg to differ.
The company will inaugurate new assembly facilities in Kenya and Ivory Coast to begin with while doubling capacity at the Ras Al Khaimah plant, all of which will happen this financial year.
Investors ultimately expect victory from the centrist Emmanuel Macron but are fretting over the likelihood of a strong showing by either far-Right candidate Marine Le Pen or far-Left candidate Jean-Luc Mélenchon.
"Our main global macro outlook still maintains that recession is more likely than not in the near future (12 to 18 months) based on the global credit impulse having peaked simultaneously with global inflation," Steen Jakobsen, chief economist at Saxo Bank, said.
The new R&D center will develop technologies such as artificial intelligence and robotics from India for its global operations and also help in product designing in local product manufacturing, the company said in a statement.
A clutch of macro data points, start of the fourth quarter results season and geo-political dynamics post US missile attack on Syria will determine market movement this week, experts said.
The company, which is marking 10 years of operations in India this year, is also looking to double its overall sales of 60,000 units that it has achieved in the last decade at a much faster pace.
Top cues from domestic and international markets, which could have a bearing on the D-Street on Monday
World stocks dipped on Friday as investors locked in some of the more than 6 percent gain that has given them their best start to a year since 2012, while the dollar inched towards what could be its strongest week of 2017 so far.
Here are top cues from domestic as well as international markets which could have a bearing on D-Street
Here are top cues from domestic as well as international markets which could have a bearing on D-Street.
Here are top cues from domestic as well as international markets, which could have a bearing on D-Street.
The market which went up in quick succession in the first three months of 2017 did not give any opportunity to many long-term investors and any correction towards 9,000 or maybe even 8,800 where there is a strong base is a good buying opportunity.
The index made a high of 9,158 on Thursday; however, it is placed near the upper-end of the current Gann channel i.e. 9160 which warrant some caution.
Here’s are top cues from domestic as well as international markets which could have a bearing on D-Street