Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices were trading lower in India on Friday, on the back of weak global cues. On Multi Commodity Exchange, gold October futures were down Rs 136 or 0.3 per cent, at Rs 51,467 per 10 gram, against the previous close of Rs 51603, Silver September …
Pharma shares index gains 40% in April; buy these 4 top stocks for long term investment | INTERVIEW
The headline indices BSE Sensex and Nifty 50 gained 20 per cent in the month of April supported by a host of factors such as quarterly earnings, stimulus package, relaxation in lockdown, emergency rate cut by Reserve Bank of India (RBI) and encouraging results from a Covid-19 treatment trial. Domestic benchmark indices have risen 30 …
Chanakya Defence Dialogue of Indian Army: Strengthening Strategic Insights
The Indian Army is poised to embark on a journey of strategic wisdom with the introduction of the “Chanakya Defence Dialogue.” This innovative initiative will serve as a vital platform for the exchange of insights and discussions on critical security matters, further enhancing the nation’s strategic awareness. The Chanakya Defence Dialogue is set to be …
Equity investors poorer by over Rs 6.57 lakh crore in two days
A decline in equities for two sessions has eroded investors’ wealth by more than Rs 6.57 lakh crore. The 30-share BSE Sensex tumbled 872.28 points or 1.46 per cent to settle at 58,773.87 points on Monday. The weak trend in the broader market have pulled down the market capitalisation of BSE-listed firms by Rs 6,57,758.04 …
ITC, Reliance, HDFC, Zomato, Dr Reddy’s, Yes Bank, Bank of Baroda, UPL, Varun Beverages stocks in focus
Indian equity markets are likely to open with gains on Monday, hinted SGX Nifty. Nifty futures traded 31 points, or 0.18% higher at 17,262.50 on the Singapore Exchange signaling that Dalal Street was headed for a positive start. “Nifty has surpassed the crucial hurdle of June month’s high i.e. 16,800 decisively and we’re now eyeing …
Sensex, Nifty tank in dying hour of trade; F&O expiry, caution ahead of Jackson Hole symposium pull D-St lower
Dalal Street witnessed a volatile futures & options expiry session on Thursday as headline indices cut all gains and turned red in the dying hour of trade. S&P BSE Sensex tanked 310 points or 0.53% to settle at 58,774 while the NSE Nifty 50 index was down 82 points or 0.47% on the closing bell …
Sebi comes out with disclosure requirement for AMCs
Capital markets regulator Sebi on Thursday came out with the disclosure framework for asset management companies, mandating a scheme-wise disclosure of investments in securities of entities that are excluded from the definition of “associate”. This came after Sebi, earlier this month, amended mutual fund rules to remove the applicability of the definition of “associate” to …
GAIL share price tanks 4% despite healthy Q1 earnings; should you buy, hold or sell?
GAIL India share price tanked over 4% on Friday after the company posted a consolidated net profit of Rs 3,250.95 crore in April-June compared to Rs 2,157.15 crore net profit in the same period a year back. The board of directors of the nation’s largest gas utility firm last month recommended the issue of one …
Kotak Consumption Fund: Chance to grow wealth by investing in India’s consumption growth story
Kotak Mahindra Asset Management Company has launched the Kotak Consumption Fund, an Open-Ended Scheme that will invest in equity, equity-related securities of companies engaged in consumption and consumption-related activities. The New Fund Offer (NFOR) of the scheme opened for subscription on October 25, 2023, and it will close on November 8, 2023. The fund will …
Fairfax-backed Go Digit General Insurance files IPO papers with Sebi
Go Digit General Insurance Ltd, backed by Canada-based Fairfax Group, has filed preliminary papers with markets regulator Sebi to garner funds through an initial public offering (IPO). The IPO comprises fresh issuance of equity shares worth Rs 1,250 crore and an offer-for-sale (OFS) of 10,94,45,561 equity shares by a promoter and existing shareholders, according to …