Major US equity benchmarks declined on Thursday as crude prices advanced on intensifying Middle East conflict. The surging energy costs have revived inflation worries that have prompted the US Federal…
Category: Market
Indian gold prices plunge by ₹700 per gm, silver by ₹20,000 a kg on global cues
Gold and silver prices crashed in the Indian domestic market on cues from the global market, where the Middle East conflict increased energy prices and ignited inflation concerns. It led…
NBFC stock allots NCDs worth ₹30 crore. Details here
Non-banking financial company (NBFC) Limited has approved the allotment of non-convertible debentures (NCDs) worth ₹30 crore on a private placement basis, the company said in a regulatory filing on Wednesday,…
Sensex, Nifty crash 3.26% in biggest fall since June 2024
Markets suffered their worst single-day fall since June 2024 on Thursday, with the BSE Sensex and the Nifty50 closing 3.3 per cent lower, weighed down by HDFC Bank, spike in…
Market correction opens ‘tremendous opportunity’ for FPIs: SEBI WTM
Recent corrections in Indian equities amid geopolitical tensions have made valuations “quite attractive,” creating a “tremendous opportunity” for foreign portfolio investors (FPIs) to increase allocations, said Kamlesh Chandra Varshney, whole-time…
Gold extends losing streak on expectations of tighter policy from central banks
Gold prices dropped over 5% on Thursday, falling for a seventh consecutive session, as the Middle East conflict increased energy prices and ignited inflation concerns, raising expectations that top central…
Powerica IPO to open next week: Here are 10 key things from the RHP that investors must know
Powerica IPO: The ₹1,100-crore (IPO) of Powerica, a power solutions company, will hit the Indian primary market next week on March 24. The offer will close for bidding on Friday,…
Accenture Q3 revenue forecast misses estimates on cautious enterprise spending
Accenture forecast quarterly revenue below estimates on Thursday, as clients remain cautious on spending on large IT transformation projects amid an uncertain economic environment. Shares of the Dublin, Ireland-based company…
US stock market today: Dow, S&P 500 futures steady even as Middle East tensions escalate; Brent nears $120
The US stock market is likely to open flat on Thursday, March 19, as investors continue to monitor tensions in the Middle East, which have further escalated as attacks on…
Precious metals slump! MCX gold rate crashes ₹8,700 per 10g to ₹1.44 lakh; silver prices plunge ₹22,300/kg
Selling pressure in precious metals deepened in Thursday’s evening session, pushing both gold and silver to multi-week lows on MCX. (more to come) Source