By Bhavik Patel Gold rose for the first time in eight months and in November it was the best monthly performance since July 2020. Gold is consolidating after Monday’s decline and has managed to cover more than 80% of the deep correction it had on 5th Dec (Monday). That shows…
Indian benchmark indices are likely to open mildly in green as trends in the SGX Nifty hinted at a flat to positive start for the domestic share market. Nifty futures were trading 20 pts or 0.11% higher on the Singapore Exchange. In the previous session, BSE Sensex dropped below 63,000…
By Siddhant Mishra The delay in allotment of bonus shares by Nykaa, in a bid to purportedly avoid a crash after the lock-in period of anchor investors ended, is unfair on others, said market experts. “This has been happening for a long time, and is a common practice among promoters…
After RBI Governor Shaktikanta Das posed a riddle to the media, markets and ‘informed circle’ to guess if the MPC’s meeting outcome is hawkish, dovish or ‘something else’ entirely, the markets seem to have come to a consensus: the monetary policy outcome is largely hawkish. Even though investors had factored…
Asian shares edged higher on Monday as investors hoped steps to unwind pandemic restrictions in China would eventually brighten the outlook for global growth and commodity demand, even if full freedom could be months away. The news helped oil prices firm as OPEC+ nations reaffirmed their output targets ahead of…
The ban on futures and option trade has left soyabean farmers in Madhya Pradesh associated with farmer producer organisations (FPOs) in lurch as they are forced to sell their produce in local mandis, to traders and nearby processing plants at “whatever price they quote” in the absence of an efficient…