Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate was positive on Tuesday despite mixed global cues, while silver rate was up 0.6%. On Multi Commodity Exchange, gold February futures were trading at Rs 53,709 per 10 grams, up Rs 204 or 0.38%. Silver March futures were trading…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark index BSE Sensex closed the session mildly in the negative territory, while NSE Nifty closed marginally in the green after a volatile session of trade, as select heavyweights such as Reliance Industries, Infosys and Bharti Airtel dropped sharply.…
Auto component major Motherson Sumi Systems reiterated its Vision 2025 despite the first half of the plan period witnessing incessant challenges. It aspires for—revenue of $36 bn with 40% RoCE, further diversification of revenue and 40% dividend payout. The vision entailed 25% of revenue from non-auto segment. Annualised revenue run-rate…
The Board of Adani Enterprises (AEL) on Friday approved the raising of Rs 20,000 crore in the country’s largest follow-on public offering (FPO) of new shares, beating Yes Bank’s Rs 15,000-crore issue in 2020. The proposed fund raise comes as the group led by Gautam Adani aggressively expands into sectors…
By Devarsh Vakil Last year before Diwali, India was grappling with the aftermath of the first Covid-19 infections wave and there were considerable uncertainties on how the pandemic will impact India and globe. Stock markets had recovered from a steep Covid-19 induced fall and benchmark nifty was pushing near pre-Covid…
Eight of the top-10 most valued firms together added Rs 1,15,837 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer. From the top-10 pack, HDFC twins were the only laggards. The market valuation of Reliance Industries jumped Rs 71,462.28 crore to Rs 18,41,994.48 crore. Also…
The rupee climbed 5 paise to close at 81.66 (provisional) against the US dollar on Monday as lower crude prices in and a firm trend in domestic equities boosted investor sentiment. Besides, a weak American currency and foreign fund inflows also supported the domestic unit, forex traders said. The local…
Asian shares edged higher on Tuesday as Beijing’s latest move to support developers boosted the property sector, though it was still not clear what new damage public unrest over China’s zero-COVID policy might do to the economy. Shares of Chinese property companies surged after the country’s securities regulator lifted a…
Skse Securities Ltd bought 12,50,016 shares of Ajooni Biotech Limited (AJOONI) at Rs 7.44 per share.Tango Commosales LLP sold 90,288 shares of Akash Infra-Projects Ltd (AKASH) at Rs 34.23 per share.Ilaben Dineshbhai Paghdar sold 1,68,786 shares of Akshar Spintex Limited (AKSHAR) at Rs 68.58 per share.Vinod Somani HUF bought 1,77,000…
European stock indexes opened slightly lower on Monday, finding little support from an easing of China’s domestic pandemic restrictions, after market sentiment was dampened by U.S. jobs data on Friday that raised fears of persistent inflation. Asian shares had been boosted early on Monday by hopes that China taking steps…