With preparations for Budget 2026 in full swing, Complete Circle Consultants’ Managing Partner and CIO Gurmeet Chadha has rolled out his wish list for the government. The market expert is seeking rationalization of long-term capital gains (LTCG) to 10%, monetization of gold and silver by allowing special interest rates on loans, and a fresh push […]
Real estate developer Veegaland Developers, part of the V-Guard group, has filed draft documents with market regulator Sebi to raise Rs 250 crore through its initial public offering (IPO) to support its expansion plans.The company’s maiden public offering will be a completely new share issue without an Offer-for-Sale (OFS) component, according to the draft red […]
The Nifty appears to be stabilizing around key support levels as markets enter the new year, with technical indicators pointing to a possible breakout in the medium term, said Rohit Srivastava, founder of Strike Money Analytics and Indiacharts.Speaking to ET Now, Srivastava said the index has touched multiple bottoms near the 25,800 zone, indicating strong […]
Bitcoin ended 2025 down nearly 5.33% to $88,474 on December 31, compared to $93,462 at the start of the year. The cryptocurrency corrected 30% from October’s record high of $126,300.According to ETWealth, the currency remained volatile amid mass liquidations and macroeconomic uncertainty. WazirX Trade Desk noted that Bitcoin has historically delivered the highest returns among […]
Shares of Tata Steel rose as much as 3% to an intraday high of Rs 181 on December 31 after the Indian government announced the imposition of a safeguard duty on imports of certain steel products, a measure aimed at curbing cheap shipments and protecting domestic producers. With today’s rise, the stock is up 7% […]
Shares of Elitecon International, a little-known small-cap, remained stuck in the 5% upper circuit on Wednesday, snapping a three-session losing streak and rekindling investor interest in one of India’s most volatile multibaggers after surging 850% in the past year as markets staged a tentative recovery at year-end. Elitecon International rose to Rs 99.80 on the […]
Gold prices fell on Wednesday, December 31, with MCX gold futures falling by Rs 1,140 or 0.8% from their previous close of Rs 1,36,666 to hit an intraday low of Rs 1,35,526. The decline followed a period of sharp volatility caused by heightened geopolitical tensions, which had pushed prices up significantly earlier this week.On the […]
Indian equity markets may not have posted outsized gains over the past year, but benchmark indices have shown resilience despite a challenging global and domestic environment. The Nifty has returned almost 10% on a total return basis in the past year, a performance that seems reasonable given the volatility that investors have faced. However, beneath […]
The Indian rupee is set for its biggest annual decline in three years, pressured by record equity outflows and the absence of a US trade deal that kept it out of the Asia rally, with prospects of a recovery linked to the trade pact. The rupee was trading at 89.8650 per US dollar at 10am […]
Oil prices were little changed on Wednesday but are expected to fall more than 15% in 2025 as supply exceeds demand in a year marked by wars, higher tariffs, OPEC+ production and sanctions on Russia, Iran and Venezuela. Brent crude futures, down nearly 18% – the most substantial annual percentage decline since 2020 – are […]