Page 5 - Rajesh Bhayani

Govt posts third-highest mop-up ever in gold bond sales this April

Physical sales were very limited due to the lockdown and sovereign gold bonds were one of the few avenues available to invest in the precios metal

MCX offers chance to exit trading if crude oil price slips into negative

Asking members and clients to be extra cautious while dealing in crude oil, the exchange has said trading will be halted if the trading price falls to Re 1

Crude oil up on demand prospects: steep rise in margins on MCX

Margin now fixed at 100%, with Rs 95,000 per lot as absolute minimum. So if crude falls below Rs 950, the margin will continue to be based on the price of Rs 950

Diamond processors told to curtail import of rough stones for one month

GJEPC says the move will help the industry clear inventory and ease the working capital situation

BSE enables negative price trading in crude oil, testing on Monday

Exchange's BOLT Plus trading system has been modified to execute such trades, existing versions of the trading system will also support negative pricing

Anonymous letter prompts ICEX board to order a forensic audit

A copy of the letter, which alleges misuse of liquidity incentives scheme, was also senr to Sebi

Brokerages discourage trading in crude oil till volatility subsides

MCX is considering interim measures to handle negative pricing on Nymex and the impact on its platform

Gold can rise further if China diverts some of its forex: Nilesh Shah

In a Q&A, the MD & CEO of Kotak AMC explains why SIPs make a good bet in the current scenario and why leveraging can prove disastrous

Brokers plan to sue MCX over negative price settlement of April crude

MCX said that it had settled the contract according to the formula in the contract, which has been followed for the last 15 years

MCX creates history of sorts, settles April crude oil contract in negative

Chances of huge defaults by investors, many of whom are retail traders gone long; On Nymex, there were actual trades in minus in which sellers were actually paying buyers to lift stocks

One rupee: The interim price at which MCX settled April crude oil contract

Brokers urge exchange and Sebi to work out an amicable price, as over 11,000 lots of open interest in the April contract were standing and couldn't be carried forward or squared off yesterday

WTI crude oil trades in negative for first time at -$37.63 per barrel

In a first, MCX crude oil, too, expires below Rs 1,000

Jewellers stare at missed Akshaya Tritiya opportunity due to virus lockdown

Likelihood of customers coming to sell their own gold holdings when stores open adds to their worries

Vashi grain APMC asked to submit reopening plan by Maharashtra govt

State government officials insisted that market opening should take into account Mathadi labourers troubles

Mandi supplying grains to Mumbai to close over Covid-19 fear among workers

Operations suspended till further notice from Monday; horticultural market has already shut down indefinitely starting today

Commodity derivatives trading beyond 5 p.m. discontinued during lockdown

All the five exchanges, including the MCX, NCDEX, and the ICEX, have capped trading timings to 5 pm. The MCX reports maximum trading in the evening session

Sebi may cut commodity derivatives timings till 5 PM over virus lockdown

This follows the submission by brokers to the regulator requesting such measures following lockdown. Many brokers finding it difficult to call even bare minimum staff required in office

Gold heading towards Rs 45,000 level amid volatility in global markets

This is a boon for investors holding gold exchange-traded funds and sovereign gold bonds

Silver rebounds in spot market, quote at 3-4% premium on scarcity

Even silver micro futures with a lot size of 1 kg on the MCX, is quoting at a premium, indicating that market doesn't have enough floating stock of the white metal

Metal prices likely to remain volatile over coronavirus concerns

Analyst reports suggest that margins are likely to contract from the first quarter