Shares of One97 Communications, the parent firm of Paytm, settled 19 per cent lower on Thursday, a day after the company announced it would focus on high-ticket lending and go slow on loans that are less than Rs 50,000. The scrip of the company nosedived 18.74 per cent to close at Rs 660.70 apiece on […]
Gold faces sideways trend amidst holiday lull and Fed Rate Cut Divergence; What should you do now?
By Bhavik Patel It will be sideways market for gold as historically there is little volume in gold trades after Christmas and before New Year. The yellow metal stuck to a range between $2,000 and $2,050 an ounce seen over the past week. While dovish signals from the Fed helped the metal break above the […]
Stocks to watch: Adani Green Solutions, Grasim Industries, Manappuram Finance, ASK Automotive
Stocks in Focus: GIFT Nifty traded up 229 points or 1.17% at 19,729.5, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. The Indian equity market remained closed on Tuesday on the occasion of Diwali Balipratipada. Previously, on Monday, the NSE Nifty 50 dropped 82 points or 0.42% to […]
As the market scales new highs, here are the key levels to watch
The Indian stock market has been consistently setting new 52-week highs in the past few days, establishing a new benchmark for investors and market enthusiasts. This surge is attributed to positive economic indicators, robust corporate earnings, and renewed investor confidence. Major stock indices, including the Nifty 50 and Sensex, have reached al
Egypt floats ambitious plan to end Israel-Hamas war and create transitional Palestinian government
Egypt has put forward an ambitious, initial proposal to end the Israel-Hamas war with a cease-fire, a phased hostage release and the creation of a Palestinian government of experts who would administer the Gaza Strip and occupied West Bank, a senior Egyptian official and a European diplomat said on Monday. The proposal, worked out with […]