India's goods exports in July posted a marginal growth of 2.25 percent (year-on-year) to $26.33 billion as out-bound shipments from major sectors such as petroleum, gems and jewellery, engineering goods and leather registered a decline.
The index has formed a Hammer candlestick pattern on the weekly charts which indicates a bullish bias and is likely to test the neckline of 11,100-11,150 zone.
Here's a roundup of key happenings in the commodities market.
The state of affairs continues to be a little jittery at the moment and one should look to hedge against a weaker INR in the coming weeks.
Investors should be prepared for a rub-off effect on the Indian market when it opens for trading on September 3.
Trump, writing on Twitter, said his goal was to reduce US reliance on China and he again urged American companies to find alternate suppliers outside China.
A joint statement after the RCEP meeting said the ministers from member countries noted that over two-thirds of market access negotiations reached mutually satisfactory outcomes.
The profit advisory of Balaji Amines was partly because of the global trade standoff. The depth of sales guidance downgrade reflects pricing erosion across the chemical value chain
Need for secure strategic and secure insulation, at least around government communication has triggered ‘strong discussions’ to enable communication via indigenous networks.
Huawei, facing pressure from the US, hopes the ‘no back door’ pact will assuage India’s security concerns. Since the last year, the US has been pressing its allies to ban Chinese firm Huawei from 5G roll-outs
In light of recent global central bank’s monetary accommodation and fragile global growth, investors need to be selective about stocks and sectors
The trade frictions and slowing global demand have cast doubt on the BOJ's forecast that Japan's economy will continue to expand moderately, pressuring central bank to deploy additional monetary easing to underpin growth.
Reeling from the Trump-administration ban, the tech giant Huawei is looking for greener pastures elsewhere.
Trump’s decision to remove India from the list of GSP beneficiaries could end up costing American businesses over $300 million in additional tariffs, according to one American estimate.
While US President Donald Trump has launched his retaliatory action against India citing denial of ‘equitable and reasonable’ access to its markets, he is not talking about the access already enjoyed by the US companies.
Here are the major happenings from the commodities market
With inflation likely to undershoot the 4 percent target for the third consecutive year in FY20, monetary policy has unambiguous room to start reinvigorating growth.
Dinesh Rohira, CEO, 5nance.com talks about positive market and stable economy reforms due to bjp victory
Sakshi Batra does a 3 Point Analysis of the concerns around tariff and trade and explains what it means for India.
Although there was no doubt about the implication of higher tariffs, new research has once again made it clear that no country stands to gain from trade wars.
Xi's remarks were part of a message conveyed to US President Donald Trump at the White House by Chinese Vice Premier Liu He, Beijing's lead negotiator to resolve the nine month-long trade war.
Here's a roundup of key happenings in the commodities market
Sakshi Batra is in conversation with Gaurav Choudhury to find out what's next for India.