Nifty at 16800 looks encouraging in near-term, India VIX unlikely to rise; all eyes on FOMC rate decision

By Anand James  Persistent decline through the week followed by Friday’s positive close indicating a recovery phase this week speaks nothing about the ordeal that Nifty traders had to endure through this period. Prime reason has been how VIX has been behaving. Infact the decoupling of VIX has been a key discussion point last month […]

Commodities tumble, however gold outshines on rate hike speculation; gold prices to fluctuate in a broad range

By Saumil Gandhi Commodity prices dropped last week except gold prices, with most commodities tumbling earlier in the week as fears of more aggressive U.S. interest rate hikes hit demand. However, some of them recovered losses on Friday post US job market data. Commodities markets were extraordinarily active in the last trading session of the […]

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