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Silver futures trade up in spite of strengthening dollar

23-Dec-2024 15:21 Hrs IST

Silver futures traded up on MCX as speculators enlarged their positions as easing inflation data supported the possibility of Federal Reserve interest rate cuts in 2024. Although strengthening dollar has limited further gains in silver.The contract for March delivery was trading at Rs 89245.00, up by 0.97% or Rs 853.00 from its previous closing of Rs 88392.00. The open interest of the contract stood at 33518 lots.The contract for May delivery was trading at Rs 91052.00, up by 1% or Rs 898.00 from its previous closing of Rs 90154.00. The open interest of the contract stood at 1555 lots on MCX.

Guar Seed futures trade mixed on NCDEX

23-Dec-2024 14:53 Hrs IST

Guar Seed futures traded mixed on NCDEX, the contract for January delivery traded higher on uptick in spot demand as against diminished supplies from producing belts, while contract for February delivery traded lower on profit booking at prevailing levels. The contract for January delivery was trading at Rs 5,276.00 up by Rs 4.00 or 0.08% from its previous closing of Rs 5,272.00. The open interest of the contract stood at 68,865 lots. The contract for February delivery was trading at Rs 5,337.00 down by Rs 1.00 or 0.02% from its previous closing of Rs 5,338.00. The open interest of the contract stood at 14,380 lots on NCDEX.

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1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

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3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

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https://www.bseipf.com/investors_education.html
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