Domestic gold prices shot up by Rs 7,600 per 10 grams or nearly 5% on Monday as the Iran-Israel-US war entered its third day with casualties on both sides. Investors rushed into gold and silver as safe havens were called upon as global stocks fell sharply.MCX April gold futures touched a high of Rs 1,69,679 […]
Indian benchmark indices closed higher for a third straight session on Tuesday, supported by broad-based buying, with auto and metal stocks leading the gains. The Nifty settled at 25,935.15, up 67.85 points, or 0.26%, while the BSE Sensex rose 208.17 points, or 0.25%, to end at 84,273.92.Meanwhile, the volatility gauge India VIX ended at 11.67, […]
The India-US trade deal provided a strong boost to domestic equities, with benchmark indices ending the session with broad gains across sectors. Financial, auto, real estate and chemicals sectors emerged as the best performers, while Reliance Industries and HDFC Bank were the largest individual contributors to the frontline indices. The Nifty closed at 25,727.55, up […]
Gold traded within a range on domestic markets on Tuesday as investors remained cautious about the Federal Reserve’s monetary policy decision expected on Thursday. Global investors expect the US central bank to cut interest rates by 25 basis points.Even as domestic markets remained subdued, the action in international markets was clearer. The gold price on […]
Stock ideasIndia’s benchmark index Nifty ended lower on Tuesday, posting its third straight loss due to selling pressure in IT, auto and consumer stocks. The range expiration in November remained subdued. Commenting on the day’s action, Nilesh Jain, Head – Technical and Derivatives Equity Research Analyst at Centrum Broking, said the index struggled to cross […]