Market Recap: ICEX Spot Diamond : 01.03.2018

Market Recap: ICEX Spot Diamond : 01.03.2018

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Market Recap: ICEX Spot Diamond 1 CT prices increased on Wednesday and closed at ₹3348 levels up by 0.30 percent. Consequently, the ICEX 1 CT diamond (Mar) futures prices edged higher during Wednesday’s trading session and closed at ₹3294 levels up by 0.21 percent. Moreover, ICEX spot diamond 0.5 CT prices rise on Tuesday and closed at ₹1498 up by 0.40 percent. Similarly, ICEX 0.5 CT diamond (Mar) futures prices moved marginally higher during yesterday’s trading session and closed at ₹1495 levels. The dollar stood near a three-week high against a basket of currencies on Wednesday, as investors awaited the second session of Federal Reserve Chairman Jerome Powell's testimony before the Senate Banking Committee later in the global day. The dollar index is currently trading at 90.65 levels up by 0.06 percent. The Indian rupee spot depreciated by 0.25 paise and to close at ₹65.10 levels against the US dollar (USD) on Wednesday trading session. Indian Rupee spot is currently trading at ₹65.16 levels.Diamond Index: IDEX Diamond Index (CMP)-116.03 The IDEX diamond index is currently trading at 116.03 levels down by 0.03 percent compared to the Tuesday close at 116.06 levels.

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