Investment Tips

Gold prices edged up on Wednesday after hitting a one-week low in the previous session, with the dollar falling against a basket of major rivals and traders awaiting the outcome of the U.S. Federal Reserve's two-day meeting.   Spot gold had risen 0.2 percent to $1,341.15 per ounce by 0359 GM. In the previous session, it touched its lowest since Jan. 23 at $1,334.10 an ounce.   U.S. gold futures for February delivery rose 0.4 percent to $1,339.80 per ounce.   Get Commodity Tips So Missed Call @ 7089009189 And Like This Page >> Investment Visor .

Cardamom futures were trading higher during the morning trade in the domestic market on Wednesday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market.   Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices.   At the MCX, cardamom futures for February 2018 contract was trading at Rs 1166.20 per kg, up by 1.01 per cent, after opening at Rs 1160, against a previous close of Rs 1154.50. It touched the intra-day high of Rs 1167.60.   Get Commodity Tips So Missed Call @ 7089009189 And Like This Page >> Investment Visor .

ADRs ended lower on Tuesday. In the banking space, ICICI Bank fell 1.98 percent at USD 10.87 and HDFC Bank shed 1.25 percent at USD 107.11.   In the IT space, Infosys declined 1.62 percent at USD 18.25 and Wipro shed 1.44 percent at USD 5.48.   In the other sectors, Tata Motors was down 0.48 percent at USD 31.06 and Dr Reddy's Laboratories declined 2.18 percent at USD 35.52.   Get Commodity Tips So Missed Call @ 7089009189 And Like This Page >> Investment Visor .

The Indian rupee opened lower at 63.67 per dollar on Wednesday versus previous close 63.60.   On the back of negative cues from domestic equity market, the rupee will remain under pressure.   We expect the USD-INR pair to trade in a range of 63.50-64.   Indian government bond yields have trended higher in-line with the recent trend in global bond yields.    Get Commodity Tips So Missed Call @ 7089009189 And Like This Page >> Investment Visor .