This week Nifty50 gained 113 points closed at 17,784. BSE Sensex up 170 points closed at 59,447. HDFC-HDFC Bank merger announcement, Fed’s interest rate hike, RBI Monetary policy makes the market highly volatile and the benchmark indices closed marginally higher in the first week of April. Small-cap Index: Top Gainers: Swan Energy, Shree Renuka Sugars,…
Friday, Indian rupee raised 13 paise to 75.90 against the US dollar. It was opened at 75.99 against the US dollar and touched an intraday high of 75.70, finally closed at 75.90, registered a rise of 13 paise over its previous close. On Thursday, the rupee had declined 19 paise, closed at 76.03. “Indian economy…
Brazil and Thailand, the world’s two largest sugar exporters, have been hit harder than last year by climate change. It is expected to reduce production by 7-8 metric tons per capita. Indian exporters It is likely to get better opportunities in the export markets this year. Petrol consumption in India is increasing at a compound…
Bharti Airtel on Sunday said that its board of directors has approved equity capital raising of up to ₹ 21,000 crores through a rights issue. “The board approved the issuance of equity shares of the face value of ₹5 Each of the companies on a rights basis to eligible equity shareholders of the company as…
NEW DELHI: Gold prices in India bucked global trends and traded marginally lower on Monday. In the global markets, the yellow metal traded near multi-week highs on Monday after Powell’s dovish tone. Gold futures on MCX were down 0.13 percent, or Rs 62, at Rs 47,476 per 10 gram. However, silver futures gained marginally 0.03…
Gold prices moved higher on Friday as investors awaited Fed chief Jerome Powell’s speech at the Jackson Hole symposium after some US central bank officials called for paring bond purchases. Gold futures on MCX were up 0.36 per cent, or Rs 168, at Rs 47,405 per 10 gram. Silver futures jumped 0.31 per cent, or…
Oil prices came off three-month lows on Friday but were on track for a weekly decline of around 6% as new lockdowns in countries with low vaccination rates facing surging cases of the Delta variant dimmed the outlook for fuel demand. Broader investor risk aversion also weighed on oil with the U.S. dollar jumping to…
Gold prices continued an upward march on rupee weakness, positive global cues and improving demand ahead of the festive season as prices surged by Rs 590 to Rs 47,583 per 10 gram in the Mumbai retail market. The yellow metal was supported by a geopolitical crisis in Afghanistan, increasing Delta variant of coronavirus cases globally…
Prices of diesel decreased by 19 to 21 paise across the country while petrol prices remained unchanged on August 18, according to a price notification by state-owned fuel retailers. In Delhi, the diesel price decreased by 20 paise. This revised the diesel price in the national capital from Rs 89.87 per litre to Rs 89.67…
Oil prices dipped on Wednesday, a fifth day of declines with investors wary about prospects for stronger fuel demand as the use of rail, air and other forms of transport remained constrained amid surging COVID-19 cases worldwide. Brent crude was down 5 cents or 0.1% at $68.98 a barrel by 0139 GMT, having fallen 0.7%…
