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Budget News

  • Copper Breaks Above $4.50 Mark
  • April 25,2024  17:36
  • COMEX Copper futures stayed well supported today, going up above $4.50 per pound to near 20 month high amid largely steady equities. Chinese economic cues continued to drive the momentum for the metal after it hit 20month highs recently. Chinese economy is rebounding and the long-term trajectory of positive growth is unlikely to change, Foreign Ministry spokesperson Wang Wenbin stated on Wednesday, according to media reports. With the continuous high-quality development and high-level opening-up, China's economy will accelerate its transformation and upgrade, making greater contributions to the global economy. China?s Shanghai Composite index added 0.48%. Hong Kong?s Hang Seng index rose 0.27%. Japan?s Nikkei 225 index lost 2.16%. European stocks fell and major indices lost more than 50%. Meanwhile, the US stocks ended on a mixed note on Wednesday as treasury yields rose.

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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.
 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
 3. Pay minimum 20% upfront margin of the transaction value to trade in cash market segment.
 4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
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