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Nifty above 10,450 mark; Coal India, Tata Steel gain

Buoyed by a positive trend across most sectors and continued rally in metal stocks, domestic share indices started the session on a positive note.  the BSE Sensex was trading at 33,850, up 56 points, while the Nifty50 was ruling at 10,455, up 11 points. Metal stocks continued to gain on the back of rising global commodity prices. The Nifty Metal Index rose 0.5% in early trade, led by over 1% gains in shares of Vedanta and Welspun Corp. Shares of Tata Motors, which fell 1%, were the worst hit on Nifty50 as the company reported a 9.4% on-year fall in Jaguar Land Rover sales in the US to 11,394 units for December. Shares of SJVN soared over 15% to a lifetime high after the company said its board will meet on Monday to consider a proposal to buyback its fully-paid up equity shares. Barring the Nifty Auto Index, which fell 0.2% all other sectoral indices were 0.1-0.6% higher in early trade. The BSE Mid-cap and BSE Small-cap indices were up 0.60% and 0.41%, respectively. ...

Global currency market and money exchange

Trading is the largest decentralized financial market in the world. The rapid development of this market has a trade volume of more than three trillion dollars a day. Foreign Exchange, often abbreviated as Forex, or even simpler FX, is a unique world money market where currency exchanges every day. For those who like to invest and manage themselves with their money, avoiding brokers who often take large commissions and often show insufficient professionalism in their profession, this is an ideal place to invest. The commodity goods, which they are selling, are the foreign currency of various countries. Money can be traded with other world currencies, but also with gold, silver and platinum, i.e. value metals, and some trading platforms are available to customers and trading with oil. With global development and the capillary spread of the Internet, and especially since the introduction of ADSL technology, Forex became more accessible and gave an additional boost to market developmen...