Gold prices surged by Rs 600 on Thursday, reaching an all-time high of Rs 89,450 per 10 grams in the national capital, driven by strong global market trends. The yellow metal, with 99.9% purity, had previously closed at Rs 88,850 per 10 grams on Wednesday.Similarly, gold of 99.5% purity saw an increase of Rs 600,…
Bank Holidays for Holi 2025 Bank Holidays for Holi 2025: Banks across various states will observe closures during Holi 2025, with specific dates varying by region. As per Reserve Bank of India (RBI) guidelines, certain days are designated as holidays under the Negotiable Instruments Act. These holidays are determined based on local traditions and customs….
NEW DELHI: Gold prices continued upward momentum with April futures hitting an all-time high of Rs 86,875 per 10 grams on Thursday, at the multi commodity exchange (MCX).The yellow metal marked a rise of 0.21 per cent or Rs 189, while silver May futures traded at Rs 99,389 per kilogram, down 0.09 per cent or…
NEW DELHI: India’s core inflation outlook remains positive despite rising industrial metal prices, a report by ICICI Bank Global Markets revealed.Core inflation remained higher in February, majorly due to a surge in gold prices. Meanwhile, stable global edible oil prices and expectations of a normal monsoon point to a positive outlook for food inflation in…
India is anticipated to regain its position relative to Emerging Markets in 2025, supported by several fundamental factors. (AI image) Indian equity benchmark indices, BSE Sensex and Nifty50, may have crashed from their September 2024 peaks, but the market still looks attractive in the long-term, says Morgan Stanley. In its latest report on ‘India Equity…
Ajit Mishra of Religare Broking says, “Despite weak global cues, markets are displaying resilience.” (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Thursday. While BSE Sensex was above 74,100, Nifty50 was near 22,500. At 9:18 AM, BSE Sensex was trading at 74,151.24, up 121 points…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, DLF, SRF, and Adani Ports are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for March 13, 2025:Index View: NiftyNifty…
Infosys chairman Nandan Nilekani BENGALURU: The future of energy will be a decentralised structure, with millions of small producers buying and selling power in a way that mirrors Unified Payments Interface (UPI), Infosys chairman Nandan Nilekani said at an event hosted by Arkam Ventures in Bengaluru on Wednesday.“The next UPI is energy,” said Nilekani, who…
Retail inflation or Consumer Price Index (CPI) inflation for the month of February eased to a 7-month low of 3.61%. This is well within the Reserve Bank of India (RBI’s) comfort zone and will likely encourage the Monetary Policy Committee (MPC) to cut repo rate in the April review to boost GDP growth.The All India…
India’s share of global equity market value is approaching 3%, showing a significant decrease from its highest point of over 4%. (AI image) What a fall! BSE Sensex and Nifty50 have plunged drastically from their lifetime peaks in a matter of a few months. According to a Bloomberg report, the Indian stock market decline has…
