By Bhavik Patel Gold price is once again at the door around $1900 trading at a seven month high. Yesterday, after inflation data, it managed to put its foot above the psychological level but once again failed to see any follow-up move. Whether or not the metal can maintain gains depends on the rate hike […]
Oil prices soared nearly 6 per cent on Monday after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year. Shares in Asia were mixed. US benchmark crude oil rose USD 4.24 to USD 79.91 per barrel, or 5.6 […]
Gold price rose Rs 192 to Rs 55,261 per 10 grams in the national capital on Wednesday amid gains in precious metal prices internationally, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 55,069 per 10 grams. “Gold price is a little up in the Asian trading hours. Spot […]
By Subash Gangadharan After consolidating for the last few sessions, the Nifty has broken out to new life highs on Wednesday. Zooming into the 60 min chart, we can see that the index is holding above a rising 20 and 50 period MA indicating that the uptrend looks set to continue. The below picks are […]
U.S. stock index futures inched higher on Friday as investors awaited fresh inflation data to assess the Federal Reserve’s path of future interest rate hikes, with the central bank’s policy tightening weighing heavily on equities this year. The core personal consumption expenditure price index, the Fed’s preferred inflation gauge, is expected to have increased 0.2% […]
If you live in Delhi and have faced last-mile connectivity issues, then you are not alone. And if you have wondered if you are the only one who thinks a metro station should be at a walkable distance from you, then your thinking is in line with Vikas Kumar, DMRC MD. In an interview with […]
By Sameet Chavan The Indian equity market has seen an immensely volatile weekly expiry session on Thursday, wherein the benchmark index started the session on an optimistic note. The initial buoyant move in the index got aggressively sold into, dragging it towards the day’s low, but soon after, it recouped from the lows and once […]
By Niranjan Avasthi A trend in markets can be a double-edged sword. There are some who gain from a trend while there are many who may lose from a trend. A case in the point is the recent investors’ frenzy in India’s primary or Initial Public Offering (IPO) market. According to estimates, more than 36 […]
The overall equity fundraising in the country is expected to touch $25 billion and the IPO market would grow 30% in calendar year 2023, despite sharp declines last year, according to Kotak Investment Banking. The equity fundraising is expected to reach pre-Covid levels this year. It fell by about 43% to $16.4 billion in 2022, […]
A man was fatally shot and three people were hurt as gunfire rang out at a shopping center in Colorado on Christmas Eve, police said Sunday. A fight broke out between two groups of people in the afternoon at the Citadel Mall in Colorado Springs and officers received a report of gunshots and responded, the […]
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