The Wealth Company Mutual Fund has launched new fund offer (NFO) of Small Cap Fund. It is structured to identify and invest in high-growth businesses within the small-cap universe. The…
Category: Market
Wall Street dips, oil climbs amid raging Middle East war
Major US stock indices opened lower on Thursday as oil prices climbed amid increasing disruptions to energy markets from the Middle East war. At the open, the Dow Jones Industrial…
Iran’s olive branch sparks Sensex surge; index reclaims 80,000
Equity benchmarks staged a sharp recovery on Thursday, snapping a three-session losing streak, after reports that Iran had conditionally offered to abandon its nuclear programme raised hopes of de-escalation in…
Gold, silver rates today: Comex gold jumps $70/oz; silver gains $2.60 as US-Iran war intensifies
Gold and silver prices rose in Thursday’s session, March 05, supported by safe-haven buying as tensions in the Middle East remain heated, while a stronger dollar and concerns around the…
US stock market: Wall Street set to open flat as US–Iran war widens; US dollar index climbs above 99
Following a smart recovery in the previous session, the US stock market is likely to open Thursday’s session, 5 March, on a flat note. Futures of the three key averages…
US-Iran war lifts crude: Why ONGC, Oil India could be biggest gainers in Indian stock market
The intensifying tensions between the US and Iran have led to the closure of the Strait of Hormuz, through which nearly 20% of global oil and LNG flows, resulting in…
6 common mistakes NRIs should avoid while starting their investment journey
For many non-resident Indians (), investing in India is an important part of building long-term wealth and maintaining financial ties with the country. However, it is quite crucial to avoid…
Bank of India, PNB plan infra bond sales after robust demand for BoB issue
Robust demand from long-term investors for an Indian state-run lender’s mega infrastructure bond issue this week has prompted two others to tap the market before the end of the financial…
Rupee rebounds from lowest level to settle 45 paise higher at 91.60 against US dollar
The rupee rebounded from its lowest level and settled with a gain of 45 paise at 91.60 (provisional) against on Thursday on the back of a buying trend in domestic…
Axis AMC elevates R Sivakumar as CIO
Axis Asset Management Company has elevated R Sivakumar as the Chief Investment Officer with immediate effect as per the company’s internal succession plan. In his new role, Sivakumar will drive…