News

Day: June 18, 2025

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Commodity Trading
MCX Soars 20% in June After SEBI Clears Electricity Futures

The Multi Commodity Exchange (MCX) has surged nearly 20% in June 2025, hitting fresh highs following SEBI’s greenlight for electricity futures. This marks a pivotal moment for India’s commodity trading landscape and adds to the growing momentum in metals like gold and silver, which are also witnessing notable price movements Why Electricity Futures Are a Big Deal India is entering a new era with the introduction of electricity futures, enabling power companies and industries to hedge against energy price volatility. These contracts offer a transparent way to manage energy risk and bring a new level of depth to the MCX trading ecosystem. What’s Driving MCX’s 20% Surge The rally in MCX stock stems from: SEBI’s approval for trading electricity derivatives Optimism about higher trading volumes and fees from this new segment Investor confidence in MCX’s innovation track and expansion into new commodities How Electricity Futures Could Change the Market Electricity futures open the door for: Advanced price discovery in India’s evolving energy sector Efficient hedging tools for power-intensive industries More diverse trading opportunities for commodity participants Spotlight: Gold and Silver Rate Surge While electricity stole headlines, precious metals have been on a rally of their own: Silver prices hit a record high of ₹1,07,425/kg in June 2025, adding ₹20,200 to its 2025 gains. Gold is trading firm near ₹72,000 per 10g, buoyed by safe-haven demand due to global economic uncertainties and Middle East tensions. These price surges suggest that traders are actively seeking both traditional and new commodities to hedge their portfolios and speculate on macroeconomic shifts. What This Means for Retail Traders Here’s what traders should watch: 🧠 Learn the basics of electricity trading—it’s not like oil or gold 🥇 Don’t ignore precious metals—gold and silver continue to show strength 📈 Consider diversifying your strategy across power, metals, and agri contracts 📊 Keep an eye on MCX stock—a key indicator of growing interest in commodities Final Thoughts MCX’s rally and the launch of electricity futures point to a dynamic shift in India’s commodity trading landscape. Coupled with the bull run in silver and gold, 2025 is shaping up to be a landmark year for traders. Whether you’re looking to hedge, speculate, or invest long-term, now is the time to explore new opportunities in the commodity space—with both old reliables like gold and newcomers like electricity.  📌 Table of Contents Why Electricity Futures Are a Big Deal What’s Driving MCX’s 20% Surge How Electricity Futures Could Change the Market Spotlight: Gold and Silver Rate Surge What This Means for Retail Traders Final Thoughts

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Current Affairs
Rupee Under Pressure as Oil Surges; Stocks Stay Resilient

Indian markets showed resilience today as the rupee slid toward a two‑month low driven by a sharp rise in global oil prices tied to intensifying Iran‑Israel tensions. Despite currency weakness, equity benchmarks held ground — buoyed by domestic liquidity and dip buying. Rupee Outlook The rupee is poised to open around ₹86.38–86.42/USD, nearing its weakest in two months  Brent crude jumped over 4% to ~$76.4, stoking inflation fears and elevating India’s dollar import demand  Analysts warn that high oil prices may sustain rupee outflows; RBI likely to intervene around the ₹86.50 mark  Equity Market Snapshot Nifty50 rose ~0.12% to 24,882.74 Sensex climbed ~0.1% to 81,651.48, recovering early losses  Auto sector led broad-based gains with a ~1.1% jump  Domestic investors made net equity purchases for the 21st straight session (~₹82 bn inflows)  Key Drivers Today Oil-Fueled DevaluationOil supply fears from the Iran‑Israel conflict have triggered sharp oil rises and tempered the rupee. Liquidity & Dip BuyingPersistent domestic inflows have cushioned equity losses, especially in auto, while financials stayed supported. RBI on WatchThe central bank is under pressure to defend the currency, potentially intervening if rupee weakens beyond current levels. Fed OutlookU.S. rate decision looms, with no change expected—but updated projections could affect sentiment.  What Investors Should Know Currency Risks: Elevated oil prices risk pushing rupee to ~₹86.50. Watch RBI intervention cues. Equity Resilience: Strong domestic liquidity may buffer markets; auto and other defensive sectors look safe. Inflation Watch: Higher oil could stoke inflation, influencing RBI policy way forward.  Final Take June 18 blends currency caution with equity confidence. Rising oil puts pressure on the rupee, but abundant local liquidity and dip buying support the stock market. Investors should stay alert to oil movements, RBI action, and U.S. Fed updates.