By Bhavik Patel Traders rushed into risky assets including gold and silver after the market reacted to Fed Chairman Jerome Powell’s speech at the Brookings Institution in Washington, where he continued to focus on his remarks to slow the pace of upcoming rate hikes. COMEX gold finally breached the psychological…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices BSE Sensex and NSE Nifty 50 hit fresh record highs intraday before paring some gains to end at record closing highs. While Sensex rallied 347.9 pts or 0.56% to touch a high of 62,686.84 before closing at…
By Raj Deepak Singh Rupee gained back some of its strength in the previous week and moved back to 81.50 levels as dollar slipped back to 105.60 levels. Dollar lost its strength after the FOMC meeting minutes showed that most of the officials are in view that the central bank…
The Reserve Bank of India (RBI) has given its nod to Indian residents to hedge their exposure to gold on recognised exchanges in the International Financial Services Centre (IFSC) at GIFT City, Gujarat. “Resident entities in India are currently not permitted to hedge their exposure to gold price risk in…
Indian benchmark indices BSE Sensex and NSE Nifty 50 are likely to open lower amid weak global cues. SGX Nifty hinted at a negative start for domestic share market as Nifty futures traded 33 pts lower at 18719 level on the Singapore Exchange. “Market to remain range bound given the…
By Shivangi Sarda The Nifty 50 index opened flat to positive yesterday but failed to surpass 18450 zones and broke its immediate support levels. Bears took over the index and it fell sharply towards 18200 zones to finally close with losses of around 150 points. It formed a Bearish candle…
By Rohan Patil Benchmark index continues to trade in a higher high higher low formation and has taken a support near its lower band of the channel pattern on the weekly time frame. On Friday prices witnessed a sharp reversal from its lower band of the flag pattern on the…
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices ended lower in the volatile session amid weak global cues. BSE Sensex fell over 200 points to close at 62,410 and NSE Nifty 50 index settled at 18,560. Markets turned volatile after the Reserve Bank of India…
By Siddhant Mishra The Indian benchmarks ended their winning run on Friday, dragged down by auto stocks and weak global cues. The Sensex tanked 415.69 points or 0.66% to 62,868.50, while the Nifty slid 116.40 points or 0.62% to close at 18,696.10. However, momentum indicators suggested a strong possibility of…
Emerging Asian bonds have trailed their developing-nation peers this year, but a turning point looks to be just around the corner. Inflation pressures have begun to ease in many parts of the region, bringing forward predictions for a peak in interest rates. At the same time, positioning from overseas investors…