Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading in the red on Monday as a result of negative global cues, while the silver rate is down 1.24%. On Multi Commodity Exchange, gold April futures were trading at Rs 55,307 per 10 grams, down Rs 125 or 0.23%. Silver March futures […]
The gross non-performing assets (GNPA) ratio of banks may decline further to 3.1% by September next year from 3.2% at present under the baseline scenario, according to the Financial Stability Report released by the RBI on Thursday. However, under a severe stress scenario, the ratio of banks may rise to 4.4%, noted the bi-monthly report. […]
The rupee appreciated 6 paise to close at 82.70 against the US dollar on Tuesday, as a weak American currency against major rivals overseas boosted investor sentiments. However, muted domestic equities, unabated foreign capital outflows and rising crude prices restricted the rupee’s rise, forex dealers said. It finally settled at 82.70, up 6 paise over […]
By Rajesh Palviya Nifty started the previous week on a flat note and the buying momentum throughout the week helped it close on a strong note. NSE Nifty 50 closed at 17670 with a gain of 517 points on a weekly basis. Nifty is trading above all its important moving averages indicating positive bias ahead. […]
Wall Street‘s major indexes were struggling for direction on Wednesday while U.S. Treasury yields fell with traders awaiting an interest rate hike from the U.S. Federal Reserve and for its view on the path forward for rates.Oil futures sold off sharply after a 5% slump on Tuesday as investors worried about the health of the […]
There has been a continuous effort to wrestle the weight of tuberculosis (TB) in Chandigarh. Despite the ongoing endeavors to control the infectious disease in the country, it has reached the highest incidence rates in Chandigarh and the fourth-highest incidence rate in Haryana. Between 2020 and 2023, Punjab, Haryana, Himachal Pradesh, and Chandigarh saw an […]
By Dharmesh Shah Equity benchmarks took a breather after two weeks of decline as inflation concerns were tamed down by decline in commodity prices and India VIX. The NSE Nifty 50 ended the week at 15699 up 2.7%. The Nifty Midcap, Smallcap relatively underperformed the benchmark by gaining 2% and 1.6%, respectively. Sectorally, auto, consumption, […]
By Rohan Patil Volatility was at its peak for last week where Nifty 50 witnessed carnage selling on February 24, witnessing its highest intraday loss due to the geopolitical crises between Russia and Ukraine. On the weekly chart, the benchmark index close below 3.50 per cent and formed a tall red candle which indicates a […]
Eight of the top 10 most valued firms faced a combined erosion of Rs 1,06,991.42 crore in market valuation last week, with IT majors Infosys and Tata Consultancy Services along with HDFC Bank taking the biggest hit. Last week, the Sensex declined 940.37 points or 1.55 per cent. The market valuation of Infosys tumbled Rs […]
By George Heber Joseph Markets hate uncertainty and hence in an uncertain macro environment, market volatility increases. In an uncertain market environment, how factors such as interest rates, liquidity, inflation, commodity prices etc. move is more difficult to predict. Geopolitical events add another dimension to these uncertainties. Many a time, decisions in geopolitical context are […]