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Rakesh Jhunjhunwala stocks stay firm despite rocky start

By Ashley Coutinho Despite some early wobbles, shares of companies in which ace investor Rakesh Jhunjhunwala held sizeable stakes remained steady on Tuesday, the first day of trading since his demise. Star Health and Allied Insurance and Metro Brands were down 1% and 0.5% in early trade before ending the day 0.5% higher and 1% …

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Share Market Highlights: Sensex closes 89 pts higher at 58387, Nifty closes just shy of 17400

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmark indices saw a volatile trading session on Friday. S&P BSE Sensex danced between gains and losses for most of the day before closing 89 points or 0.15% higher at 58,387. NSE Nifty 50 index added 15.5 points or 0.09% to settle at 17,397. …

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Govt reviews windfall gains tax, cuts cess on crude; hikes export duty on jet fuel, diesel

Central government in its fortnightly review of windfall gains tax on August 18 cut the cess on crude oil to Rs 13,000/tonne from Rs 17,750 per tonne earlier. The export duty on aviation turbine fuel (ATF) has been hiked to Rs 2 per litre from nil, while the export duty on diesel has been raised …

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India @75: India’s markets- Looking back & looking ahead

By Rashesh Shah Remember to celebrate milestones as you prepare for the road ahead – Nelson Mandela. DemocratisationThe evolution of the Indian capital markets mimics the India growth story. Post-Independence, capital markets were in their nascent phases. Private sector was yet to develop, and regulations were stringent. The 80s saw a boom with increased private …

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Market share gains tough in competitive auto space

Maruti Suzuki has never been so busy. It has launched 10 models in less than two years, but despite this model onslaught – of which four are SUVs – the carmaker’s market share hasn’t changed much. Maruti Suzuki ended H1FY24 with 42.17% market share, having sold 873,107 cars in a total market of 2,070,163 units, …

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Gold Price Today, 11 August 2022: MCX Gold prices may trade in Rs 51800-52250 range, support at Rs 51800

Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices were trading weak in India on Thursday, mirroring the global trends. On Multi Commodity Exchange, gold October futures were ruling Rs 160 or 0.3 per cent down at Rs 52,081 per 10 gram, as against the previous close of Rs 52,241. Silver September futures …

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Gold Price Today, 19 Aug: Gold prices fall on rate hike fears, may trade neutral to bearish; support at 51300

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 …

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MCX Gold trend remains bullish, traders must wait for Rs 51500-51600 levels before taking long position

By Bhavik Patel Gold prices initially rallied after US CPI came lower than expected but the joy for bulls was short lived as prices corrected from $1807 to $1784. Gold prices again hit four week high and managed to breach the $1800 level but could not sustain it. The U.S. consumer price index report for …

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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 …

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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 …

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