The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 22,950 level, a discount of nearly 50 points from the Nifty futures’ previous close. On Thursday, the domestic equity indices closed at record high, with the Nifty 50 ending […]
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SINGORE, – Chicago wheat gained more ground on Friday, with the market poised for its biggest weekly rise in a month as concerns over crop losses in the Black Sea region and other exporting countries supported prices. Corn firmed while soybeans edged lower. FUNDAMENTALS * The most-active wheat contract on […]
Oil prices fell on Thursday for the fourth session in a row, as the prospect of higher-for-longer U.S. interest rates raised worries around demand growth in the world’s biggest oil market. Brent crude oil futures were down 45 cents, or 0.6%, at $81.45 a barrel by 11:50 am ET (1550 […]
Foreign investors trooped in after selling for two months, lifting India’s stock market — the world’s fifth-largest and snapping at the heels of Hong Kong — to a closing high of $5.05 trillion. Foreign portfolio investors (FPIs) bought shares worth a provisional ₹4,670.95 crore on Thursday, while domestic institutions settled […]
Gold prices declined to a one-week low on Thursday, extending their fall for a third consecutive session on profit-taking after minutes from the US Federal Reserve’s latest meeting indicated that interest rates would stay higher for longer. Milestone Alert! Livemint tops charts as the fastest growing news website in the […]
Leading city gas distributors (CGDs) Indraprastha Gas Ltd (IGL) and Mahanagar Gas Ltd (MGL) declared their January-March quarter results for fiscal 2023-24 (Q4FY24) this month and have received bullish-to-neutral rating from domestic brokerage firms. Earlier this year, the CGDs announced a reduction in their respective compressed natural gas (CNG) prices […]
US stocks edged higher on Thursday, driven by strong gains in chip stocks after Nvidia’s upbeat earnings. Nvidia shares rallied 9% on Thursday as its bumper revenue forecast boosred investor confidence in the AI-driven boom in chip demand. ALSO READ: Nvidia profits soar over 600%, revenues above 200% as shares top […]
Gold prices have pulled back from their record highs in recent trading sessions, marking a reversal after a strong rally. Over the course of the last three sessions, the price of the yellow metal dropped from ₹74,367 per ten grams to reach a new one-week low of ₹72,111 on the […]
GSM Foils IPO: The initial public offering (IPO) of small- and medium-sized enterprise (SME) GSM Foils Ltd will open for subscription on Friday, May 24, 2024. The aluminum pharma foils manufacturer aims to raise ₹11 crore through the public issue which will be open for bidding till May 28,2024. GSM […]
HBL Power Systems, a prominent player in the battery and power systems sector, has emerged as a lucrative investment avenue in recent years, exhibiting sustained upward momentum in its share prices without significant pullbacks. Over the past twelve months alone, its shares have skyrocketed from ₹109 per share to the […]