Golden rate today: Repoie’s low fuels RS 1,600 per 10 grams of Surge in yellow metal, fresh peak

Gold and silver bulls dominated the trade only a few hours before the end of Friday, with MCX Gold Contracts jump over RS ​​1,600 per 10 grams and Silver Futures that collect RS 1,900 per kg to fresh lifetime highlights. The rise in domestic prices reflected the power in the worldwide markets, while the weakness […]

The profit of the financial sector of India that can be double by 2030; UBS sees NBFCs that surpass banks

India’s financial services industry is on its way to deliver one of the largest profit for so far, with a profit that is expected to doubles almost the end of the decade. The brokerage expects that the income of the sector will grow with a compound annual rate of 13% between FY25 and FY30, up […]

Oyo secures plate kinks to a file for IPO with stronger financial prospects: Sources

Hospitality chain Oyo has obtained the approval of the board of directors to pursue a new application (IPO) application (IPO), according to people who are familiar with the issue. The sources mentioned above indicated that the submission will emphasize the financial performance and operational improvements of the company. In addition to founder and CEO Ritesh […]

Look beyond rates; Large potential in building materials, household pharmaceutical and chemicals: Sorbh Gupta

The recent rate of 50% that the US imposed on India has created nervousness on the stock markets, but the actual impact on the business gains will be limited, says Sorbh Gupta, head of shares at Bajaj Finnerv AMC. According to Gupta, only about 2% of MSCI India’s income is directly affected by the rate. […]

Market WRAP: SENSEX drops 270 points, Nifty glides under 24,450 while ril, tariff worries weigh

Indian Benchmark Indices Sensex and Nifty fell for a third consecutive session on Friday, dragged down by Reliance Industries after the annual shareholders’ meeting and further under pressure by investors held about steep American rates for the Indian export that were rolled out earlier this week. The BSE Sensex fell 270.92 points, or 0.34%, to […]

Bank Nifty’s zone transmitted can activate a sharp pullback: Nilesh Jain

After various sessions from underperformance, the bank Nifty finally offered much needed support to the wider market on Friday, so that the hope that benchmarks could close at the end of the trade in the green. Technical analyst Nilesh Jain pointed out that the Bank Nifty, who lags behind during the August series, has now […]

Reliance Industries Slipping shares more than 2% despite the unveiling of the IPO timeline, AI-driven innovation plans

Shares of Reliance Industries Ltd (RIL) fell 2% lower on RS 1.358 on Friday, even when chairman Mukesh Ambani shareholders told the annual General Assembly of the Conglomerate (AGM) that the long -awaited IPO of Reliance Jio, who would come the largest in the history of Dalal Street. With 44 LAKH shareholders coordinated, Mukesh Ambani […]

NSE will hold a fake trade session on market segments on Saturday. Check details here

The National Stock Exchange will hold a fake trade session between shares, derivatives, currencies and raw materials this Saturday, said it in a circular on Friday. The exercise, part of its routine preparation efforts, helps brokers testing systems prior to a mandatory software migration. The session on August 30 starts with a pre-market at 9:00 […]