Gold prices declined on Tuesday as the U.S. dollar strengthened, with investors anticipating additional remarks from Federal Reserve officials to gain insight into the potential timing of interest rate adjustments. Spot gold decreased by 0.5% to $2,312.29 per ounce by 1218 GMT, while U.S. gold futures also fell by 0.5% […]
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India’s volatility index , VIX reached a fresh 52-week peak at 16.96 before concluding the session with a 13.56 per cent surge, settling at 16.6 on Monday’s trading session. India VIX captured significant attention as it exhibited a characteristic oscillating pattern, plunging by over 20 per cent to dip below […]
US stock indices advanced on Tuesday, buoyed by expectations that the Federal Reserve will ease monetary policy this year. At 09:46 a.m. ET, the Dow Jones Industrial Average rose 60.27 points, or 0.16 per cent, to 38,912.54, the S&P 500 gained 8.89 points, or 0.17 per cent, to 5,189.63 and […]
Voltas Q4 Results: Net profit drops 19% to ₹116 crore, revenue rises 42% YoY; dividend declared Milestone Alert! Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more. Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news […]
National Stock Exchange, on May 7, announced that it will be conducting a special live trading session on Saturday, May 18, 2024. This session will feature an intra-day switch from the Primary site to the Disaster Recovery site across equity and equity derivative segments. “Members are requested to note that […]
IGL Q4 Results: Indraprastha Gas Limited (IGL) announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Tuesday, May 7, reporting a rise of nine per cent in consolidated net profit at ₹433.79 crore, compared to ₹397.51 crore in the corresponding period last year. The leading city gas distributer (CGD’s) […]
Housing finance company Aadhar Housing Finance initial public offerings (IPO) will be opening tomorrow, May 8. The Blackstone-backed company’s IPO will remain open for investors for bidding till May 10. Around 50 per cent of the issue has been reserved for the QIB, meanwhile 35 per cent is allocated to […]
The Midcap index performed poorly compared to the Nifty 50, as the Nifty Midcap 50 closed 2.0% down. In addition, small cap stocks also underperformed, with the Nifty small cap 100 ending at 16683.15, down by 316.1 points and 1.89% lower. Looking at the returns of the Nifty 50, it […]
Multibagger power financing stocks like Power Finance Corporation and Rural Electrification Corporation (REC) continued their downward trend for the second consecutive day on Tuesday, with the former declining by an additional 4% and the latter dropping by 2%. Today’s correction resulted in PFC stock losing 13.60% of its value in […]
The Indian market rose 1.24 percent in the month of April as strong buying by local fund continued. In March, domestic funds used the correction to deploy excess cash and the buying continued in April as well, absorbing all the selling of foreign institutional investors (FIIs), noted a report by […]