Life @ TradeIndia Research

Thursday 25 August 2016

MCX Market Tips, International Market News, MCX Support Level

INTERNATIONAL MARKET UPDATE
GOLD $ 1329.15
SILVER $ 18.568,
COPPER $308.55,
CRUDE OIL $ 46.76,
INR 67.120.

Free MCX Market Tips MCX SUPPORT & RESISTANCE LEVEL

GOLD JUNE FUTURE
R2–31642,
R1 -31470,
S1-30970,
S2-30670,

SILVER JULY FUTURE
R2 –45880,
R1- 45112,
S1-43412,
S2-43014,

CRUDE OIL JUNE FUTURE
R2 –3270,
R1-3200.
S1-3100,
S2-3050, 

COPPER JUNE FUTURE
R2 –324,
R1-319,
S1-304,
S2-299.


Ending a long-run dispute over its shareholding, leading commodity exchange MCX today said it has entered into an agreement with stock bourse MSEI to settle their dispute over warrant cancellation out of court.

After the settlement, MCX' stake in Metropolitan Stock Exchange of India (MSEI) will increase to 14.99 percent from the current about 3.9 percent. 

As per the regulatory norms, a commodity exchange cannot hold more than 15 percent in any stock exchange. 

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