OIL PRICES FALL ON SIGNS OF LARGE US STOCK BUILD

At the MCX, Crude oil futures for Oct 2019 contract was trading at Rs. 3772.00 per barrel, down by 1.20 %, after opening at Rs. 3804.00 per barrel, against a previous close of Rs. 3818.00 per barrel. It touched an intra-day low of Rs. 3762.00 per barrel and high of Rs. 3804.00 per barrel.

Oil prices eased on Thursday after industry data showed a larger-than-expected build-up in stocks in the United States.

Gold rates in India are down significantly from record highs hit last month. Gold prices fell sharply today after European Union and UK reached a new Brexit deal.

Agri Index was trading higher on today while Metal and Energy index were trading on negative note.

MCXCOMDEX opened positive note at 3856.73 and traded down by 0.36% at 3838.68 over previous close at 3852.62. Commodities like Mentha oil, Cardamom, Cotton, Copper, Natural Gas, Silver were stood as top gainers, gained 1.09%, 0.36%, 0.36%, 0.16%, 0.12%, 0.09% respectively. On the other hand, Crude oil, Nickel, Zinc, Lead, Gold, Aluminium, CPO futures were stood as top losers, lose by 1.20%, 0.96%, 0.46%, 0.45%, 0.35%, 0.26%, 0.02% respectively.

Indian markets gained momentum as the session progressed and ended sharply higher today, extending gains to the fifth day. The BSE Sensex surged 453.07 points, or 1.17 percent, to settle at 39052.06. The Nifty50 rose 122.35 points, or 1.07 percent, at 11586.35.