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Market News with Commodity Market Prices and Exchange Rate

January 11, 2012 Leave a comment

Whenever there is any hot Market News about announcement or implementation of plans in any segment, buying in that segment gains momentum leading to rise of the indices. And this affects the commodity market prices as well. With market news, especially ET NOW on January 7, citing by a junior minister for fertilizer, of the government unveiling of a plan to help urea manufacturers and boost investment in the urea industry, has served as a boon for the related industry. Fertilizer stocks saw a boost with Rashtriya Chemicals & Fertilisers rising 16 percent, Chambal Fertilisers 6.4 percent, Tata Chemicals 3 percent, and the list goes on. Market sentiments do change with such market news.

Commodity Market Prices change according to the buying and selling sentiments of the people in the stock market. As per news on commodity market prices, crude oil slumps on selling sentiments, silver futures are expected to trade in a range, gold abated on increment in dollar index, MCX lead looking fragile to touch 103. Visit in.reuters.com for the up-to-the-minute commodity market prices.

At the same platform, you can find the latest exchange rate using the currency converter tool. Finding the exchange rate takes only a matter of seconds.