The Indian market is not only about stocks and funds. Commodities, currencies, and other segments hold equal importance; these segments are at present gaining big momentum. Investors have become cognizant of the benefits associated with a diversified investment portfolio, spreading out their money so as to maintain a balance between losses and profits. One aspect that holds immense ground is staying updated with market news. So, if you are involved in trading in commodities, staying updated with commodity market news is a must. If you are involved in currency trading, going through currency market news is very important. The same rule applies with other segments too.
As compared to stocks and bonds, pricing in commodities futures has been less volatile. Trends over the past several years have proven it. Yes, risk is still there; it all depends on how you sail smooth.
And your smooth sailing again depends on how updated you are with commodity market news, how much research you have conducted, whether you have watched the market closely, and other factors.
If you are completely new to this market segment, do not worry. Start gaining every bit of knowledge related to it and get familiar with all the market terminologies. Also start reading commodity market news. A television news channel or a newspaper won't serve your purpose for detailed information. You can bank upon a news portal, one that publishes news faster than other news portals. Opt visiting regularly that portal that publishes comprehensive and relevant commodity market news; you will not regret. There are three key commodity exchanges in India that facilitate future trading of multiple commodities starting from gold, silver to other metals, agri products, etc. These exchanges are National Multi Commodity Exchange of India Ltd, National Commodity and Derivative Exchange, and Multi Commodity Exchange of India Ltd. You will find a national presence of all three exchanges; all platforms facilitate electronic trading.
The same news portal will contain currency market news and other market information. If you are involved in currency trading, watching the changing values of currency and predicting future trends based on news and research is a must. As per the latest currency market news, the Indian rupee is at a 3-week low weighed by losses in domestic shares and the euro. Pressure is also added followed by dollar demand from oil refiners. At 44.50-45.30/dollar range in near term, it is the lowest since May.