Markets

The bank’s forecast implies a surge of over $200 for bullion futures

Gold rates: September 25, 2020

Silver rates: September 25, 2020

Will gold prices continue to fall?

Money managers are trimming their speculative positions, but fundamentals of the metal are still intact

‘Free money’ for banks as investors pile into fractured gold ...

The world’s largest 50 investment banks are on track to double their income from precious metals this year to ...

World’s biggest lockdown chokes India’s gold smuggling ...

Illegal shipments are estimated to have slowed to a trickle of about 2 tonnes a month, and may total about 25 ...

Index Outlook | Sensex, Nifty 50 face key resistances

Sensex, Nifty 50 bounced back on Friday, but it needs to be seen if the recovery sustains

Jindal Steel & Power (₹164.1): Sell

Investors with a short-term perspective can sell the stock of Jindal Steel & Power at current levels. The ...

Bajaj Consumer Care (₹182.5): Buy

The stock of Bajaj Consumer Care took support at around ₹175 and bounced up, gaining 4.3 per cent with above ...

Thyrocare Technologies (₹801.1): Buy

Investors with a short-term perspective can buy the stock of Thyrocare Technologies at current levels. The ...

Index Outlook | Key barriers limit the rally in Sensex, ...

Both Sensex and Nifty 50 stayed flat, but the bias is turning negative, so tread with caution

PNB Housing Finance (₹314.6): Sell

Investors with a short-term perspective can sell the stock of PNB Housing Finance at current levels. The stock ...

Oil prices remain mixed

Crude prices were mixed in the Asian trade today as oil kingpin Saudi Arabia’s pledge to ensure sufficient supplies partially eased investor worries.

Stocks jive to Pranabda's music

The mood among investors was jittery ahead of the Budget with stock prices badly bruised by the ongoing correction and investors further worried that ...

Budget reactions

Mr Narayan S.A., Director, Kotak Securities: “The net borrowing target of Rs 3,43,000 crore, lower than what the market expected will help in ...

‘Permission to foreign retail investors is a watershed development'

Announcement sends a big message to global investors

Indian Overseas Bank (Rs 132.7): Buy

We recommend a buy in the stock of Indian Overseas Bank from a short-term perspective. After peaking out in November 2010 at Rs 175, the stock ...

Fertilisers: Lower budgeted subsidies dilute positives

Fertiliser stocks which notched up 4-5 per cent gains during the initial part of the Budget presentation had lost much of their sheen by market close ...

Market shrugs off tax factor

The markets did not give any thumbs-down for the IT stocks, even as the Finance Minister did not extend tax exemption under the Software Technology ...

New window of opportunity for global individual investors, local AMCs

Experts and mutual fund industry officials feel that the Government's decision to allow foreign individual investors direct investment access to ...

Granddad is happy but mummy is…

For the broking offices in Mumbai, it was overall a lukewarm Budget where excitement was seen in fits and spurts, somewhat like the course of the ...

FIIs in MFs: No immediate deluge

Though the Budget move to allow foreign individuals to invest in Indian equity mutual funds is an innovative one, it would be unrealistic to expect ...

Not a path-defining Budget for stock market

The Budget day of 2011 had all the drama that investors associate with this event. Sensex did its usual jig as the Finance Minister took investors ...

Proposals inadequate to make a dent on inflation

The Union Finance Minister, Mr Pranab Mukherjee, devoted 20 paragraphs in his Budget speech enumerating various proposals and for making observations ...

FIIs allowed to invest $20 b more in bonds of infrastructure cos

In keeping with its thrust on infrastructure development and also deepening the corporate debt market, the Centre has hiked the foreign institutional ...

Fall continues in pepper

Pepper futures continued to fall on bearish activities despite fundamentals being the contrary. Investors were selling spot at a discount to March ...

Fears of higher arrivals pound turmeric

Turmeric prices declined on Monday on fears of higher arrivals. The local variety decreased by Rs 350 a quintal and the Salem variety shed Rs 1,372 a ...

Trade enquiries boost sharbati rice

Prices of the sharbati variety continued their uptrend with a Rs 20-25 a quintal increase on Monday, while aromatic and other non-basmati varieties ...

Spot rubber gains

Rubber prices improved on Monday with sentiments being catalysed by recovery in domestic futuresFresh buying and short covering also lent support.

Lacklustre buying affects soya oil

Soyabean oil moved in the red zone both in spot and futures on weak global cues. Soya refined declined to Rs 601 on lack of buying interest at a ...

Sugar rules steadyon retail demand

Spot sugar at the Vashi terminal market ruled steady on need-based retail demand and continuous flow from mills on Monday. Naka prices were unchanged ...

Edible oils firm on poor buying

Edible oil ruled unchanged on Monday despite a sharp decline in Malaysian market. Most market players kept away from buying tracking budgetary ...

Raw cotton shortage lifts lint prices

Short supply of raw cotton lifted prices by Rs 1,000-1,500 a candy for ginned (lint) cotton. Moreover, strong international markets and some fresh ...

10% export duty on rice bran extraction

Among all the meals in the oilseeds complex, the Finance Minister has singled out de-oiled rice bran cake, also known as rice bran extraction, for a ...

Hike in iron ore export duty will hit export, hurt China

It was widely expected and Mr Pranab Mukherjee did not disappoint the domestic steel industry. In the Union Budget 2011-12, the Finance Minister ...

Commexes welcome sops to farming, warehousing sectors

Commodity exchanges on Monday welcomed several incentives given by the Finance Minister in the Union Budget 2011-12 to the farming and warehousing ...

Markets welcome Budget proposals; FMCG, PSU push Sensex up 122 points

Cheering the Budget proposals, the Bombay Stock Exchange benchmark Sensex rose over 120 points during the end of the session today led by FMCG, PSU, ...

Silver futures jumps on global cues

Buoyed by a firming overseas trend, silver futures prices shot up by over one per cent to Rs 51,307 per kg as traders enlarged their positions.

Markets info for Monday, Feb 28

Dynacons Systems & Solutions Ltd has informed BSE that the board of directors of the company at its meeting held on February 26, 2011, has ...

RIL gains on reports of IL&FS stake purchase

Reliance Industries Ltd surged by over 2 per cent in early trade on the BSE today amid reports that the company may acquire 23.87 per cent stake of ...

Nalco scrip plunges on CMD's arrest

State-run National Aluminium Company Ltd (Nalco) fell by over 8 per cent in the early trade on the BSE today, hit by the arrest of the Chairman and ...

Coal India stocks zoom on price hike

Shares of state-run Coal India Ltd (CIL) soared by over 11 per cent in early trade on the BSE today as investors cheered its move to hike prices of ...

Libya crisis hits Asian markets

Asian shares fell on Monday as the worsening situation in Libya stirred renewed concern about disruptions to oil production. In Libya, armed rebels ...