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MCX is launching its bullion index from Monday
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Wish u all a Happy Ganesh Chaturthi and Micchami Dukkadam.
MCX is launching its bullion index from Monday, which comprises of precious metals:
70%GOLD
30%SILVER
just like banknifty futures is comprised of banking stocks,
nifty future comprises of nifty stocks.
The last reference price is 16350 and margin is 13%.
Trading in index would be highly advantageous going ahead as a daily movent would be 600 to 700 points both ways...... After volume picks up.
Kindly trade in the above bullion index contract.
Shortly, Bullionindex options would also be launched and this index will be as exciting as banknifty to trade in....... Happy Trading Folks!!
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Disclaimer |
PROFITMART Securities Private Limited & M3 Multiple Commodities Private Limited, has taken due care and caution in compilation of data for its website. Information has been obtained from different sources which it considers reliable.
However , Profitmart Securities Private Limited & M3 Multiple Commodities Private Limited does not guarantee the accuracy , adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information.
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Profitmart Securities Private Limited & M3 Multiple Commodities Private Limited beside doing client based business also does its own investment and / or trading.
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