OIL PRICES FALL ON WEAK GLOBAL CUES

At the MCX, Crude oil futures for Jul 2019 contract was trading at Rs. 3916.00 per barrel, down by 0.51 %, after opening at Rs. 3935.00 per barrel, against a previous close of Rs. 3936.00 per barrel. It touched an intra-day low of Rs. 3891.00 per barrel and high of Rs. 3935.00 per barrel.

Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy.

Gold prices edged lower on Thursday due to an uptick in the stock markets, while investors sought direction from upcoming U.S. non-farm payrolls data for more cues on Federal Reserve's stance on rate cuts.

MCXCOMDEX opened with negative note at 3641.19 and traded down by 0.32% at 3630.64.Commodities like CPO, Cardamom, Cotton, Aluminium were stood as top gainers, gained by 0.41%, 0.30%, 0.19%, 0.14% respectively. On the other hand, Zinc, Natural Gas, Crude oil, Copper, Nickel, Silver, Gold, Mentha oil, Lead futures were stood as top losers, lose by 0.96%, 0.63%, 0.51%, 0.46%, 0.45%, 0.31%, 0.21%, 0.09%, 0.03% respectively.

Most of the Agri index were stood as the top gainers on today due to higher demand in domestic market.

Equity market ended with marginal gains in a volatile trade on Thursday ahead of Union Budget to be presented on July 5. At close, the Sensex was up 68.81 points or 0.17% at 39908.06, while Nifty was up 30.00 points or 0.25% at 11946.75.