Gold Silver Reports (GSR) – Commodities has rarely been stronger, according to Goldman Sachs Group Inc. With raw materials rallying on escalating political-tensions across the globe and economic growth remaining strong, the bank’s analysts including Jeffrey Currie doubled down on their “overweight” recommendation. They reiterated a view that commodities will yield returns of 10 percent over the next 12 months, according to an April 12 note.
Neal Bhai
Indian Equity Benchmarks came off Intraday Highs
Gold Silver Reports (GSR) – Indian equity benchmarks came off intraday highs as gains in TCS, Kotak Mahindra Bank and Hindalco were offset by losses in Bharat Petroleum, Axis Bank, State Bank of India and Indian Oil.
The S&P BSE Sensex rose 0.26 percent or 90 points to 34,192 and the NSE Nifty 50 index advanced 0.2 percent or 22 points 10,481.
Mahanagar Gas Block Deal Alert, April 11, 2018
Mahanagar Gas Block Deal
Mahanagar Gas has 7.6 percent equity change hands on the National Stock Exchange in multiple blocks. Stock down 3.2 percent at Rs 914.85.
Why U.S. Sanctions On Rusal Will Benefit Indian Aluminium Producers
Gold Silver Reports (GSR) – Why U.S. Sanctions On Rusal Will Benefit Indian Aluminium Producers — Integrated domestic aluminium producers — with presence from raw materials to the final product — like Hindalco Ltd. and National Aluminium Company Ltd. stand to gain more than Vedanta Ltd., said Goutam Chakraborty, analyst-institutional research at brokerage Emkay Global Financial Services.