Gold Prices Decline on Bakra Eid 2024 Today, on the occasion of Bakra Eid 2024, gold prices in India declined. This was largely influenced by lower US gold prices, which in turn were affected by higher US Treasury yields and anticipation regarding Federal Reserve actions on interest rates. 22k Gold Prices in India 22k gold…
Defense Stocks Surge as Government Focuses on Sector Growth In today’s trading session, defense stocks experienced significant gains, some reaching up to 20% intraday, fueled by the government’s steadfast commitment to bolstering the sector. Union Minister Rajnath Singh’s reaffirmation of India’s defense product export target further buoyed investor confidence. Government’s Export Target Boosts Sentiment Rajnath…
Gold Prices in India Decline Due to Profit-Taking Today, gold prices in India took a downward turn following the release of lower-than-expected U.S. producer price data. Analysts believe that profit-taking played a significant role in this decline. 22k Gold Prices The price of 22k gold dropped by Rs 250 to Rs 65,900 per 10 grams….
Gold Prices Plunge Amid Hawkish US Fed Stance Sharp Decline in Gold Prices Due to a hawkish stance from the US Federal Reserve on interest rates, gold prices saw a significant drop this morning. This is a notable event considering the historical context of gold price fluctuations. On the Multi Commodity Exchange (MCX), gold futures…
Gold Prices Surge in India: 24K Gold Hits Rs. 7,18,400 Amid Fed Rate Speculations Today, gold prices in India made a significant recovery, surging after a notable drop. This reversal is of great importance, as both domestic and global markets have witnessed a decline in gold prices due to robust US economic data released last…
Afcons Prepares for IPO with Emphasis on Core Strengths Afcons, a company under the Shapoorji Pallonji Group, is preparing for its initial public offering (IPO) with a distinct strategy that hones in on its unique strengths in high-margin engineering, procurement, and construction (EPC) projects, setting it apart from its peers. Strong Performance and Expertise Afcons…
Market Experts Advise Caution with Mid and Smallcap Stocks Despite their strong performance in recent years, market experts, renowned for their astute observations, advise investors to be cautious about mid and small-cap stocks. This shift reflects their deep-seated concerns about the future potential of these stocks. Election Surprises Affect Market Sentiment The 2024 general election…
Heritage Foods Shares Surge to 52-Week High Shares of Heritage Foods saw a dramatic rise, surging 10 percent to reach a 52-week high of Rs 727.35 on June 10. This spike followed a significant transaction valued at Rs 319.60 crore. Doubling in Value in 12 Sessions Over the past 12 trading sessions, the value of…
Adani Enterprises Ltd is expected to join the prestigious Sensex, replacing Wipro as part of the BSE indices’ semi-annual rebalancing. The official announcement is anticipated by Friday, May 24, with the changes taking effect on June 21. This marks a significant milestone as it will be the first time a company led by Gautam Adani…
Rail Vikas Nigam Ltd (RVNL) experienced a significant surge in its share price, skyrocketing by more than 15% during intraday trades on Tuesday. This substantial leap propelled the share price to an unprecedented high of ₹345.90 on the National Stock Exchange (NSE), marking a remarkable 190% increase over the past year. This surge is not…
