After the RBI hiked
repo rate 8% commodity and Indian stock market trading lower all
commodity seen in red sign.silver down rs 397 or 0.88% to 44817 from
its close 45214 silver near to touch its intraday support range of
44780.00 RBI policy is affecting the commodity market.
The RBI governor
surprised the all investors to rise the repo rate by 25 paise to
8%. Base metal future contract trading down crude oil down 0.46%,
natural gas down 1.39%,heavy declination seeing in natural gas,
aluminium down 0.78%, copper decline 0.83%, nickel 0.74%, lead 0.95%
overall base metal trading with negative side.This changes in both
market affected by just after the RBI policy .
Seed Newsvine
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