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LME and SHFE base metals closed mostly with gains on slumping US dollar index last Friday, which dipped 4% last week, hitting a new low in nearly three months. LME copper added 3.97%, aluminium rose 5.81%, lead gained 3.13%, and zinc jumped 5.19%.
एलएमई और एसएचएफई बेस मेटल्स पिछले शुक्रवार को अमेरिकी डॉलर इंडेक्स में गिरावट के साथ ज्यादातर लाभ के साथ बंद हुए, जो पिछले हफ्ते 4% गिर गया, जो लगभग तीन महीनों में एक नया निचला स्तर था। एलएमई कॉपर में 3.97%, एल्युमीनियम में 5.81%, लेड में 3.13% और जिंक में 5.19% की तेजी आई।

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Market LIVE Updates: Indices at day’s low; Hindalco top gainer, pharma, PSU banks drag.

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Sensex, Nifty open flat amid mixed global cues; LIC surges 8%, Aurobindo Pharma tanks 5%

Indian shares were muted on Monday as investors awaited inflation data, due later in the day, for clues on the central bank’s interest rate trajectory and ahead of a slew of corporate earnings reports.

A Reuters poll showed economists expect retail price inflation slowed to 6.73% in October, due to weaker food price rises and a strong base year, but remained stubbornly above the Reserve Bank of India’s 6% upper limit.

In early trading, Nifty’s IT and metal indexes were among the top-performing sectors, gaining 0.9% and 1.6%, respectively. The pharma and public sector bank indexes dropped nearly 1%.

Life Insurance Corporation of India rose 7.3% on after reporting a surge in quarterly profit.

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