Gold prices climbed over 1 per cent on Thursday, rebounding from a more than two-week low reached in the previous session, as the dollar weakened and attention turned to key U.S. inflation data for insights into the Federal Reserve’s policy direction. As of 1804 GMT, spot gold had increased by […]
Nithin Kamath, co-founder and chief executive officer (CEO) of leading online stock brokerage firm Zerodha, predicts ‘tough times’ for the broking industry in Indian. Kamath took to microblogging platform ‘X’ and said that almost every broking company’s business model in India is skewed towards earning from options, which is likely […]
Diensten Tech IPO: The initial public offering (IPO) of the small and medium-sized enterprise (SME) Diensten Tech Limited was subscribed was subscribed over 53 times by the end of the final day of bidding, according to stock exchange data. The SME IPO of the information technology (IT) services provider opened […]
Indian stock market: The Sensex and the Nifty 50 concluded with losses on Friday, June 28, ending their four-day winning streak. The benchmarks reached new all-time highs during the session but retreated as profit-taking set in amid mixed global cues. The Nifty 50 touched a peak of 24,174 during the […]
To boost participation of small investors in the securities market, Sebi on Friday increased the threshold for the basic service demat account to ₹10 lakh from the current ₹2 lakh. The new guidelines will come into force from September 1, the Securities and Exchange Board of India (Sebi) said in […]
It appears that the bulls have asserted complete dominance over the Indian market, leaving no opportunity for the bears to intervene. Achieving new record highs, surpassing significant milestones, and establishing fresh benchmarks have become routine during this recent bullish phase. Consequently, leading Indian indices have consistently surpassed their previous record […]
The Nifty index began the June series on a positive note, and after the initial event euphoria subsided, the bulls took full control, pushing the index past the psychological 24,000 mark to a new all-time high of 24,087. Despite dropping to 21,280 levels during political volatility in the first week, […]
The Indian auto industry is accelerating at full throttle, driven by a significant surge in vehicle demand, improved export performance, a drop in raw material prices, and a recovery in the rural market. This surge is clearly reflected in the soaring performance of auto stocks, with many achieving record highs […]
June has proven to be a strong month for Avenue Supermarts (DMart) as its stock surged by approximately 10%, marking a notable rebound following a decline of 6.5% in May. DMart saw its stock rise by 21% over the three-month period from February to April. However, the year started on […]
The Nifty Midcap 50 outperformed the Nifty 50, closing 0.44% up. Similarly, the Nifty Small Cap 100 outperformed the Nifty 50, ending at 18165.0, up by 152.7 points and 0.84% higher. The Nifty 50 has provided the following returns: – In the last 1 week: 2.08% – In the last […]