Markets

Duty cut unlikely to revive demand, says the council

Four reasons why gold has dropped to an 8-month low

Gold prices in the global and domestic market have dropped sharply since the beginning of this year with rates ...

Gold prices dip to 8-month low on weak global trends

Gold prices in the futures market dropped to an eight-month low of ₹46,772 per 10 grams in line with the ...

Spot gold may retest support at $1,818

Spot gold is expected to retest a support at $1,818 per ounce, a break below which could cause a fall to ...

Gold loans: A place to be in, for banks

Seen as safe bet in terms of both growth and asset quality

Govt looking at regulating digital gold schemes: Official

The Finance Ministry has asked IIM-Ahmedabad’s India Gold Policy Centre (IGPC) to come out with a paper on how ...

Dhampur Sugar Mills (₹178.5): Buy

The stock of Dhampur Sugar Mills surged 7 per cent accompanied by extraordinary volume breaking out of a flag ...

Firstsource Solutions (₹102.2)

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

ABB India (₹1,532.8): Buy

The stock of ABB India, which underwent price correction during the first two weeks of this month, found ...

Havells India: Buy (₹1,194.5)

Despite hitting a fresh lifetime high of ₹1,231.9, the stock of Havells India posted a minor loss on Wednesday.

Ambuja Cements (₹283.4): Buy

The stock of Ambuja Cements breached the resistance band of ₹277 and ₹280 on Monday and the scrip is likely to ...

JSW Energy (₹77.8): Buy

Investors with a short-term perspective can buy the stock of JSW Energy at current levels. Since the stock took ...

Rupee ends 3 paise lower at 72.87

The Indian rupee ended 3 paise lower at 72.87 (provisional) against the US dollar on Thursday amid a firm trend in the domestic equity markets.At the ...

Dollar struggles for traction after soft US inflation

The dollar was pinned near two-week lows on Thursday, as softer-than-expected U.S. inflation and another Federal Reserve promise to keep interest ...

Sensex jumps 222 pts to fresh closing high; Nifty advances by 66.80 points

Reliance rallies over 4 per cent

Oil drops after strong rally, demand hopes limit losses

Prices have moved too far ahead of underlying fundamentals, say analysts

Wall Street rally pauses as big tech loses steam

Investors continue rotation into value from growth stocks

Nifty looks tired; gap-down opening likely

Stocks likely to seek action today: Magma Fincorp, National Fertilizers and, Suprajit Engineering

Asia stocks pause at peaks, sustained by stimulus promise

Asian shares rested at record highs on Thursday as investors digested recent meaty gains,though the promise of endless free money to sustain buying ...

Broker's call: Sundaram Finance (Add)

Centrum BrokingSundaram Finance (Add)Target: ₹2,100CMP: ₹2,180Sundaram Finance earnings were ahead of estimates, led by better NIM/fee income. Net ...

Kesoram Industries (₹68.1): Buy

The stock of Kesoram Industries advanced 6.5 per cent with above average volume on Wednesday, breaking above a key hurdle at ₹66. This rally provides ...

Broker's call: Torrent Pharma (Buy)

Anand Rathi Torrent Pharma (Buy)Target: ₹3,195CMP: ₹2,593.05Impacted by product discontinuation in its US business and the lockdown in LATAM, Torrent ...

BPCL to buy out Oman Oil stake in Bina refinery for Rs 2,400 cr

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it will buy out Oman Oil Company's shares in the Bina refinery project ...

Co-location case: SEBI drops fraud charges against NSE, former MD Narain, Chitra Ramkrishna

In a relief to Ravi Narain and Chitra Ramkrishna, the two former longest serving bosses of the National Stock Exchange (NSE), market regulator SEBI ...

Tech glitches: SEBI norms on compensation soon

Regulator working on framework for bourses, brokers to pay investors for losses suffered

Commodity Commentary Crude oil, gold move in opposite directions

The markets for the two commodities that are eternal favourites of punters — crude oil and gold — are currently moving in opposite directions — and in ...

Texmaco Infra to delist shares

The board of Texmaco Infrastructure & Holdings Ltd has received a letter from Adventz Finance Private Ltd, a promoter group entity, expressing the ...

Commodity call: MCX-Zinc faces key resistance ahead

Since its March 2020 low of ₹131.9, the MCX-Zinc continuous futures contract has been on an intermediate-term uptrend. In October 2020, the contract ...

Rubber skids on bearish global cues

Spot rubber closed unchanged on Wednesday. The market lost its direction amidst low volumes tracking an almost similar closing in domestic futures and ...

India Pesticides files for ₹800-crore IPO

To utilise the net proceeds towards funding the working capital requirements and general corporate purposes

Nifty trading range-bound, tread with caution

Nifty 50 February Futures (15,084) Following a positive open, the Sensex and the Nifty 50 have immediately slipped into the negative territory.

Max Financial Services Ltd hits 52-week high on strong Q3 results

On the NSE, it was trading at ₹792.60, up ₹54.55 or 7.39 per cent. It hit a 52-week high of ₹798.95

Daily Rupee call: INR trade in narrow range; buy on declines with a stop-loss at 72.90

BL Research BureauThe rupee continues to trade in a narrow range against the dollar. After a flat open at 72.86 against the previous close of 72.88, ...

Rupee up 3 paise at 72.84 against US dollar

The rupee firmed up by 3 paise to settle at 72.84 (provisional) against the US dollar on Wednesday in a restricted trade amid muted trend in the ...

NSE warns stock brokers against dubious financing deals

Piggy-backing on the recent market-mania, many stockbrokers act as conduits to arrange for higher leverage to fund their clients.

Sensex slips for second day; HDFC Bank top drag

Equity indices closed with mild losses for the second straight session on Wednesday, weighed by selling in banking counters, as domestic sentiment ...

Dollar wallows at two-week low; bitcoin steadies after surge past $48,000

Traditionally viewed as a safe haven, the dollar has sunk against major peers as optimism over monetary and fiscal support from policymakers.

Nasdaq closes at another high amid stock rotation

Nasdaq ekes out new closing high; Dow, S&P fall; Nasdaq gains 0.14%

Oil prices extend rally after surprise fall in U.S. stocks

Crude inventories fell by 3.5 million barrels in the week to February 5 to about 474.1 million barrels, data from the American Petroleum Institute showed on Tuesday

Asian stocks make cautious gains after patchy Wall Street rally

Asian stocks inched higher on Wednesday, as upbeat Wall Street earnings and optimism about a global recovery supported sentiment, although concerns ...

Markets likely to open flat, stock-specific action seen

Indian benchmarks may open flat on Wednesday with a positive bias, as SGX Nifty is currently hovering around 15,152, as against NIfty futures ...

Broker's call: Jamna Auto (Accumulate)

IDBI CapitalJamna Auto (Accumulate)Target: ₹74CMP: ₹69Jamna Auto (JAI) Q3-FY21 consolidated results were above our estimates on all parameters.

Broker's call: PNB (Sell)

Emkay GlobalPNB (Sell)Target: ₹29CMP: ₹39.05Punjab National Bank has posted a higher-than-expected PAT of ₹510 crore (vs estimated loss of ₹440 ...

Ashoka Buildcon (₹110.6): Buy

Investors with a short-term perspective can buy the stock of Ashoka Buildcon at current levels. Last week, the stock jumped 18.9 per cent, accompanied ...