Copper future has formed a cup and handle chart pattern on the daily chart and the price has remained in quite bullish suggestion for the coming week.

The momentum indicator Relative Strength Index is at 61 which indicates bullish movement in prices.

Censor Black, which serves investors and SME supply chains, seeks to leverage blockchain technology to aid the global MSME sector by providing them access to institutional and secure finance, making the process transparent and risk-free for all stakeholders.

Low metal inventories and strong, consistent demand had been supporting prices. The Russian invasion of Ukraine means the rally by metal prices has some way to go, still.

The movement of tea, seafood and coffee, which are among the key items exported from India to Russia, has been impacted by the conflict.

All sectoral indices closed in the red, barring Telecom, Oil & Gas and Metal that gained 1.4 percent, 0.8 percent and 2.7 percent, respectively.

Credit Suisse short-term rate strategist Zoltan Pozsar also said the new order would weaken the US dollar and create higher inflation in the western world.

The brief consolidation can continue in the range of 16,400-16,800 post which the index will be set to extend higher. Thus a potential minor degree dip towards 16,450-16,400 can be taken as a fresh buying opportunity. Beyond 16,800, the Nifty is expected…

Slow production, import hurdles and costly crude oil prime factors. Prices of tyre-grade variety RSS-4 have moved up by over 7% in a month to Rs 172/kg. The lean season in April and May, and the anticipated rise in demand could propel prices to Rs 180-190…

CLSA has set a price target at Rs 6,430 a share, implying a 13.4 percent downside from the day's close

Extreme volatility characterises the commodity and financial markets and the conflict in Europe has the potential to derail the global economy, Das has said