On 15th January 2011, the domestic commodity markets were closed favorably. At MCX future, all the indexes closed with an upward trend. In the MCX future, MCXCOMDEX closed at 3,309.93 after opening at 3,310.61, MCXMETAL closed at 4,204.69 after opening at 4206.46 and MCXENERGY closed at 2,995.74 after opening at 3,001.40 while MCXAGRI closed at 2,810.75 after opening at 2,811.19.
At NCDEX, the Dhaanya, an agri commodity benchmark index, is closed at 1,136.70, up by 1.26%.
On 15th January 2011 (Saturday), at MCX, the top gainers were Maize for January contract (3.00%), Cardamom for February contract (1.62%), Cardamom for March contract (1.41%), Refined Soya Oil for January contract (1.36%) and Cardamom for April contract (1.27%)
The top losers at MCX were Sugar MDEL for January contract (-1.07%), Sugar MKOL for June contract (-1.01%), Cardamom for January contract (-0.96%), Sugar MKOL for April contract (-0.77%) and Sugar MKOL for May contract (-0.70%)
On 15th January 2011 (Saturday), at NCDEX, the top gainers were Guar Gum for May contract (3.0%), Guar Seed for May contract (2.9%), Steel Long for January contract (2.5%), Steel Long for February contract (2.5%) and Guar Seed for April contract (2.4%)
The top losers at NCDEX were Coriander for March contract (-3.5%), Coriander for January contract (-3.2%), Castor Seed for January contract (-2.9%), Castor Seed for March contract (-2.7%) and Coriander for April contract (-2.5%)
On 15th January 2011 (Saturday), at MCX, the top traded commodities in terms of quantity were Silver M for February contract with 5,490 lots, Copper for February contract with 4,991 lots, Gold M for February contract with 3,315 lots, Crude Oil for January contract with 2,722 lots and Silver for March contract with 2,420 lots.
On the domestic arena, at MCX, Crude Oil for January contract closed at Rs 4,163.00 against previous close price of Rs 4,152.00. Gold for February contract closed at Rs 20,261.00 against previous close price of Rs 20,231.00. Gold M for February contract closed at Rs 20,271.00 against previous close price of Rs 20,242.00. Silver for March contract closed at Rs 43,842.00 against previous close price of Rs 43,686.00. Natural Gas for January contract closed at Rs 203.80 against previous close price of Rs 203.90.
On the domestic front, the Forward Contracts Regulation Act (FCRA) Amendment Bill of 2010 has been referred to the department-related standing committee, raising concern among some market stakeholders whether it would be passed in the budget session.