Gold once again has emerged as one of the best performing asset class in 2020 after stupendous 2019. Gold prices got shot in the arm after US Federal Reserve chief warned that a full recovery of the US economy could drag through 2021.
US Market
Global Stock Indices Predictions – 08-May-2020
Global Stock Indices Predictions – In the previous session, market closed slightly bearish as per our prediction. You were asked to buy 50% at closing.
world stock index – 30 April 2020
In the previous session, S&P500 made a high of 2958. For today and tomorrow, market is again positive. S&P500 may move up to 3000. It has support at 2900. NASDAQ has support at 8900 while DOW has support at 24100. On Monday, gap up opening is possible.
US replaces Kuwait as India’s 6th biggest oil supplier
The United States has surpassed Kuwait to become India’s sixth largest oil supplier as it supplied 70 per cent more crude to the world’s third largest energy consumer during April-September. According to data furnished by the oil ministry to parliamentary committee, the US supplied 5.4 million tonnes of crude oil during the first six months of 2019-20. This compared to about 3.1 million tonnes of oil sourced from the US in the same period a year back.
Global markets: Asia shares bounce, hope for best on US-China trade
Asian shares made guarded gains on Monday as investors braced for another week of likely conflicting commentary on the Sino-U.S. trade dispute, while the outperformance of recent U.S. economic data gave the dollar a leg up on its peers. MSCI’s broadest index of Asia-Pacific shares outside Japan bounced 0.26%, after losing 0.4% last week.
संवत 2076 की शुभ शुरूआत: सेंसेक्स 250 अंक मजबूत, निफ्टी 11650 के पार; टाटा मोटर्स 16% चढ़ा
संवत 2076 की शुभ शुरूआत हुई है. मुहूर्त ट्रेडिंग में सेंसेक्स करीब 250 अंकों से ज्यादा मजबूत होकर 39300 के पार कारोबार कर रहा है. वहीं निफ्टी भी 80 अंकों की तेजी के साथ 11663 के स्तर पर ट्रेड कर रहा है. कारोबार में टाटा मोटर्स में शानदार तेजी देखने को मिल रही है. कंपनी का शेयर करीब 17 फीसदी तक मजबूत हुआ है. वहीं, यस बैंक में 6 फीसदी की तेजी देखी जा रही है. सेंसेक्स 30 के 26 शेयर हरे निशान में कारोबार कर रहे हैं. टाटा मोटर्स और यस बैंक के अलावा इंफोसिस, वेदांता, ITC, हीरो मोटोकॉर्प, HDFC बैंक और टाटा स्टील में तेजी है. वहीं, एयरटेल, टीसीएस, एचयूएल, एशियन पेंट्स और पावरग्रिड में कमजोरी देखी जा रही है.
Wall Street flat as trade optimism wanes, earnings in focus
US stocks paused on Monday after three sessions of gains as a lack of clarity over the first phase of a US-China trade deal weighed on sentiment, while investors geared up for the third-quarter earnings season.