The rupee is likely to average around 96/USD in FY27, however, the outlook remains subject to key downside risks, including potential US dollar appreciation and a rate hike scenario, geopolitical…
Category: Market
Gold slumps ₹4,300, silver tanks ₹10,000 as fresh oil rally rattles bullion demand
Gold prices slumped by Rs 4,300 to Rs 1.56 lakh per 10 grams while silver crashed by Rs 10,000 to Rs 2.45 lakh per kg in the national capital on…
Gold ETFs break 13-month streak of positive inflow; record ₹725 cr outflow in May
Gold ETFs witnessed an outflow of ₹725 crore in May, breaking a 13-month streak of positive inflows, due to government appeals against purchasing the yellow metal and several asset management…
Small-cap stock under ₹50 hits 20% upper circuit. Do you own?
Shares of were locked in the 20% upper circuit in Wednesday’s trade on June 10, hitting the day’s high of ₹32.41 apiece. The sharp rally came after the company announced…
Gold loan stocks slide as gold prices extend decline; Muthoot, Manappuram fall up to 5.5%
Gold loan NBFC stocks remained under pressure in Wednesday’s trade on June 10, as the continued decline in gold prices dragged the counters to multi-month lows, eroding significant market value.…
ICICI Prudential Mutual Fund raises stake in Travel Food Services, shares rise
Travel Food Services share price traded higher on Wednesday, snapping its three-day losing streak, amid a bullish trend in the broader Indian stock market today. Travel Food Services shares rose…
Ruchit Jain of Motilal Oswal suggests Grasim, Bank of Maharashtra shares to buy for the short term
Indian equity benchmarks traded firmly higher on Wednesday, demonstrating resilience despite renewed tensions between the United States and Iran. Gains in FMCG, oil & gas, financial, and IT stocks helped…
Meesho share price jumps 5% after Jefferies initiates coverage with buy rating; target price at ₹225 a share
Meesho share price rose nearly 5% on Wednesday, 10 June, after global brokerage Jefferies initiated coverage on the stock with a ‘Buy’ rating and a target price of ₹225, implying…
Chambal Fertilisers to Coromandel International: Fertiliser stocks rise up to 6% on subsidy reports
Fertiliser stocks such as FACT, Chambal Fertilisers and Coromandel International surged up to 6% after reports suggested the government may significantly increase subsidies in FY27. Investor sentiment was buoyed by…
Hexagon Nutrition IPO allotment date likely today. GMP, steps to check share allotment status online
Hexagon Nutrition IPO Allotment: The initial public offering (IPO) of Hexagon Nutrition Ltd received robust demand from investors. As the bidding period has ended, focus now shifts to Hexagon Nutrition…