The demand for gold this Akshaya Tritiya might be subdued as gold prices have surged drastically across the globe. On the MCX, the yellow metal is trading at Rs 60,230 per ten grams. Gold prices have rallied over 12% this year, and the high prices might lead to investors postponing their purchases. Gold price trajectory […]
– By HDFC Asset Management Company Limited Investments in fixed assets by listed private manufacturing companies stood at Rs 8.1 lakh crore on a trailing 12-month basis as of September 2023, increasing by 17 per cent over September 2022 levels. This rise has been primarily driven by key industries such as energy, automotive and industrials. […]
JN.1 COVID-19 variant in India: India is currently witnessing a surge in COVID-19 cases. According to doctors and health experts, with the rise in cases, the question of additional vaccine shots looms large. On Tuesday, India has recorded 412 fresh cases of COVID-19, while the number of active cases of the infection has gone up […]
The Securities and Exchange Board of India on Wednesday allowed the stock exchanges to extend the direct market access (DMA) facility to FPIs for participation in exchange traded commodity derivatives (ETCDs), subject to conditions. The regulator made the decision after receiving inputs from its commodity derivatives advisory committee. The new provision would come into force […]
The Ministry of Home Affairs (MHA) on Wednesday declared the organisation named ‘Muslim League Jammu Kashmir’ an ‘unlawful association’ under the anti-terror law Unlawful Activities (Prevention) Act and banned it for five years. The organisation is led by Masarat Alam, interim chairman of the faction of All India Hurriyat Conference, which was earlier led by […]
BSE Sensex, NSE Nifty 50, and Bank Nifty may see up to 7 per cent correction from the current levels in near-term, but may make new highs by Diwali 2022, Sanjiv Bhasin, Director, IIFL Securities, said. Last week, BSE Sensex crossed 60,000, NSE Nifty topped 17900, and Bank Nifty ruled above 39,750. In an interview […]
By Rajesh Palviya In Nifty current series there has been a Long Unwinding witnessed with decrease in price of -4.22% and decrease in OI by 45% as on today ,wherein there was unwinding of 37.94 lakh shares in OI, decreasing from 85.15 lakh to 47.21 lakh shares and the significant unwinding in current series was […]
Indian share market is likely to open in green, hinted SGX Nifty on Wednesday. On the Singapore Exchange, Nifty futures were trading higher at 17797 level. In the previous session, BSE Sensex fell 221 pts to 60,286, while NSE Nifty 50 fell 43 pts to 17,722. “Markets have been facing pressure on every uptick however […]
Systemic risk identification and monitoring among non-banking financial companies (NBFC) is a challenge considering the significant heterogeneity within the segment, the RBI said in its latest Financial Stability Report. NBFC-investment and credit companies (NBFC-ICCs), and NBFC infrastructure finance companies (NBFC-IFCs) account for 95% of the NBFC segment’s advances.RBI notes that the balance sheets of these […]
By Bhavik Patel Crude prices witnessed sharp fall this week and all the gains it amassed around 1st April when OPEC+ has unexpectedly decided to cut production has been wiped out. In fact prices are trading lower than that level and now we believe there will be some pullback. There is disconnect between crude prices […]