India’s forex reserves dropped USD 7.052 billion to USD 709.759 billion during the week ended March 13, the RBI said on Friday. In the previous reporting week, the overall reserves…
Category: Market
Gold prices to crash to $4,400? Tread cautiously as tech charts signal bearish bias
Gold prices have seen a sharp drawdown from all-time high levels hit in January this year as investors booked profits following one-way rallies. Now, a fresh catalyst has emerged, which…
From frenzy to freeze: Retail investors slow down as IPO demand drops
Of late, initial public offerings (IPOs), once seen as a hotspot for retail investors chasing quick gains, have lost much of their earlier appeal. Of the 14 mainboard IPOs, every…
Metals and IT hold ground at midday; HDFC Bank drag keeps financial sector under pressure
Markets held on to gains through the afternoon session on Friday, though the recovery lost some of the momentum seen at the open. The Sensex stood at 74,824.46, up 617.22…
Sensex, Nifty 50 end higher— Stocks at 52-week highs, top gainers, most traded stocks and other key highlights
The Indian stock market benchmarks, the Sensex and the Nifty 50, ended higher on Friday, March 20, on selective buying after Thursday’s massive losses. The 30-share pack jumped more than…
Broker’s call: Aequs (Buy)
Target: ₹145 CMP: ₹123.30 Aequs (Latin for equal) was incorporated in 2000 by promoter Mr Aravind Melligeri, an engineering technocrat who is the key driving force behind the company. Aequs…
Rupee crashes 82 paise to settle at 93.71 against US dollar
crashed 82 paise, or nearly 1 per cent, to settle at an all-time low of 93.71 (provisional) against the on Friday, weighed down by persistent foreign fund outflows and a…
Gold rate outlook: Yellow metal prices set for third week in a row. Opportunity to buy?
Gold prices on the Multi Commodity Exchange () saw a significant increase on Friday, March 20, with the April contract climbing by ₹1,914, or 1.32%, reaching ₹1,46,868 per 10 grams.…
India’s crude imports took a big hit due to the West Asia Crisis: Systematix Research
India’s imports saw a sharp decline in early March amid disruptions in West Asia, noted a report by Systematix Research, highlighting the impact of the ongoing regional crisis on energy…