US stock index futures edged higher on Tuesday, with Tesla leading gains among beaten-down growth stocks amid hopes that the recent protests in China could lead to a quicker easing of strict COVID-19 curbs in the country. Shares of Tesla Inc rose 1.7% in premarket trading and the electric-vehicle maker…
The rupee pared its initial gains to settle down by 47 paise at 81.80 (provisional) against the US dollar on Monday weighed down by weak domestic markets and rise in crude oil prices. Forex traders said a weak dollar in the overseas market cushioned the downside for the local unit.…
Indian benchmark indices were trading in the red today after snapping an eight-day winning streak on Friday. The BSE Sensex lost over 115 points or 0.2% to trade at 62,750. The NSE Nifty is trading at 18,669, down 0.2%. All of Nifty’s sectoral indices shifted between gains and losses, while…
Investors are eyeing everything from the U.S. healthcare sector to UK stocks and gold as potential havens during a recession, as worries grow that the Federal Reserve’s interest rate increases will bring on an economic downturn next year. Gloomy year-ahead forecasts from Wall Street banks have piled up in the…
The rupee settled for the day 8 paise higher at 81.62 (provisional) against the American currency on Friday on broad dollar weakness and improved risk sentiments. Forex traders said positive domestic equities and foreign fund inflows supported the local unit. The local unit finally settled at 81.62, registering a rise…
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate was positive on Thursday as a result of positive global trends, while silver rate was up 1.85%. On Multi Commodity Exchange, gold February futures were trading at Rs 53,315 per 10 grams, up Rs 384 or 0.73%. Silver December…
Shares of TVS Motor Company on Monday dropped 3% to `1,017.75 in intra-day trade on the BSE after Srinivasan Trust, one of the promoters, sold 2,569,726 shares of the company for `262 crore in a bulk deal. The shares were sold at `1,020.03 apiece. As of September 30, Srinivasan Trust…
By Siddhant Mishra The benchmark indices have scaled fresh peaks this year, with the BSE Sensex and Nifty50 posting gains of 7.5% and 7.4%, respectively. The Sensex recorded an all-time high of 63,284.19 and the Nifty 18,812.50 on December 1, 2022. Also Read: Indian markets stand out, valuation expensive, uncertainty…
The quantum of gold smuggling went up during the period in which economic activities were gradually unlocked after Covid, said the Smuggling in India Report 2021-22, referring to the high number of seizures by the Directorate of Revenue Intelligence. In all there were 160 cases of seizure of gold by…
On the weekly chart, the Nifty 50 index formed a bearish candle last week and remained restricted within previous week’s High-Low range indicating lack of strength on either side. The index is moving in a Higher Top and Higher Bottom formation on the weekly chart indicating positive bias. The chart…