Gold, Silver, Crude Oil, GIFT Nifty & World Markets

The price of 10 grams of gold on India’s commodity exchange. Jewellers’ rates add GST and making charges on top.

The price of 1 kilogram of silver on India’s commodity exchange. Silver is both a precious metal and an industrial one.

One barrel of crude oil priced in rupees. India imports most of its oil, so this feeds into fuel prices and inflation.

Natural gas priced in rupees, used for power, fertiliser and city gas. It follows the US gas market closely.

Copper goes into wiring, construction and electric vehicles, so its price is read as a gauge of industrial demand.

Nifty 50 futures (a bet on where the index will be) that trade in GIFT City for about 21 hours a day. Where it trades before 9:15 AM hints at how Nifty may open.

India’s main stock index: the 50 largest, most-traded companies on NSE.

BSE’s index of 30 large companies, India’s oldest stock index.

India’s biggest listed banks, private and government-owned.

The 50 companies that rank just below the Nifty 50 by size.

Banks, lenders, insurers and other financial companies.

A small, heavily-traded group of mid-sized companies.

India’s 100 largest companies: the Nifty 50 plus the Next 50.

The broad market: 500 companies across large, mid and small sizes.

Mid-sized companies, ranked 101 to 250 by market value.

Smaller companies, ranked 251 to 500 by market value.

How much traders expect Nifty to swing over the next 30 days. Higher means more nervous, not necessarily lower prices.

Software and IT services companies, which earn much of their revenue in dollars.

Car, two-wheeler, truck and auto-parts makers.

Medicine and drug makers.

Makers of everyday goods: food, drinks, soaps and toiletries.

Steel, aluminium, copper and mining companies.

Oil, gas and power companies.

Real-estate developers.

Banks owned by the Government of India.

Privately owned Indian banks.

TV, film, music and other media companies.

BSE’s index of bank stocks.

500 large US companies: the main yardstick for the US stock market.

Everything listed on the Nasdaq exchange, dominated by big technology companies.

30 well-known US companies; the oldest US market index.

The 100 largest companies listed in London.

The 40 biggest German companies, Europe’s largest economy.

The 40 biggest companies listed in Paris.

50 large companies from across the countries that use the euro.

225 large Japanese companies, from carmakers to electronics.

The largest companies listed in Hong Kong, many of them Chinese.

Every stock on the Shanghai exchange: mainland China’s main market.

South Korea’s main index, led by Samsung and other exporters.

Taiwan’s main index, dominated by the chip-maker TSMC.

The 200 largest Australian companies, heavy in miners and banks.

The world gold price, set in New York. India’s MCX gold follows it, adjusted for the rupee and import duty.

The world silver price, set in New York. MCX silver tracks it in rupees.

The world’s main oil price, from North Sea crude. India’s import bill follows Brent most closely.

The US oil price, from crude produced in Texas. It usually trades a few dollars below Brent.

How many rupees one US dollar costs. A higher number means a weaker rupee: imports like oil get dearer, exporters like IT earn more.

The US dollar’s strength against six major currencies such as the euro and yen. A strong dollar usually weighs on the rupee.

The interest the US government pays to borrow for 10 years. When it rises, overseas investors often move money out of markets like India.