Rupee's ride from 71.80 to 73.20 was ferocious as in just three trading sessions, it lost more than 1.5 per cent
Commodity outlook and stock recommendation by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls Securities
The metal used to make stainless steel hit a 16-month high last Thursday before shedding 2.1% on Friday
Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.
Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.
Global output of nickel is expected to rise to 2.05 million tonnes in 2017, up from 1.93 million in 2016
Market analysts attributed the rise in nickel prices at futures trade to enlarging of positions by speculators
Traders reduced positions, tracking a weak trend at spot market
A firm global trend in the domestic markets also helped prices