Gold and silver prices in India took a breather this week after a prolonged rally, with analysts expecting consolidation in domestic markets next week amid upcoming global central bank meetings and trade developments.On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by Rs 3,557, or 2.80 percent, while silver futures crashed by […]
After three brutal months of foreign exodus, Dalal Street is coming back to life. The Sensex has risen 4,159 points, a blistering 5% gain, in October alone, powered by a dramatic turnaround by foreign institutional investors (FIIs) who have pumped more than Rs 7,300 crore back into Indian equities. The benchmark index is now tantalizingly […]
Winro Commercial India today struck gold in the stock market, posting a daily profit of Rs 2.15 crore on LG Electronics India’s blockbuster listing. The smallcap company, with a market cap of just Rs 30.26 crore, turned its IPO investment from Rs 4.27 crore (37,482 allotted shares) into Rs 6.42 crore within hours of listing […]
Silver prices could reach as high as $60 per ounce in the coming year, reflecting a potential 20% year-over-year increase, according to Emkay Wealth Management. Emkay Global Financial Services’ wealth and advisory arm said the bullish outlook is driven by robust industrial demand amid an ongoing supply shortage that currently stands at 20% and is […]
Gold prices withdrew from record levels on Monday to act at RS 1.07,670 per 10 grams, with RS 200, in the national capital due to fresh sales by sellers, according to the All India Sarafa Association. The precious metal of 99.5 percent purity also fell by RS 200 to RS 1.06,800 per 10 grams (including […]
Brokerage company Emkay Global Financial Services has increased Nifty’s target to 28,000 before September 2026 with cars and cement as the preferred games. The upgrade will be on the back of the Rationalization Proposal for Goods and Services Tax (GST) that could act as a repetition of catalyst for the market, given the long-term growth. […]