RBI April Exit Window: Investors who have put money in Sovereign Gold Bonds now have clear information for the next financial year. The Reserve Bank of India has released the schedule for early redemption of five SGB tranches. These bonds have completed the required five year lock in period and can now be redeemed in…
Market participants said sentiment was further undermined by a shift towards safe-haven assets and persistent foreign fund outflows. (AI image) It’s a bloodbath on Dalal Street! Indian stock market indices, Nifty50 and BSE Sensex, have crashed over 2% this week, leading to investors losing over Rs 16 lakh crore. Even as US President Donald Trump’s…
Considering the risks involved, buyers are urged to exercise caution and to put suitable stoploss. (AI image) Gold price prediction today: Gold prices are touching new record highs due to heightened geopolitical tensions, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. Here’s his outlook on gold prices:Gold Performance: In…
“The Big Short“ investor Michael Burry has a China warning for the US. Burry, one of the most influential Wall Street investors, has warned that America’s reliance on power-hungry Nvidia chips will hand China victory in the artificial intelligence (AI) race. In a recent post shared on the microblogging site X (formerly Twitter), he pointed…
File photo (Picture credit: ANI) The Indian rupee’s slide past Rs 90 per US dollar for the first time ever has shifted sentiment in the equity market and raised fresh concerns for investors. The breach of this psychological level has come on the back of weak capital flows, steady demand for dollars from importers, and…
Gold’s intraday technical setup points toward short-term consolidation with a bearish bias. (AI image) Gold price prediction today: Gold prices are showing some bearish bias, and a period of short-term consolidation is likely, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold futures on MCX…
In the very short-term, gold is expected to test the strong resistance around $4160. (AI image) Gold price prediction: Gold prices are rallying again on the hopes of US Federal Reserve rate cut expectations, and China’s gold buying. However, Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan recommends buying the…
In global markets, spot gold increased by 0.7% to $4,027.88 per ounce at 0115 GMT. The US gold futures for December delivery registered a 0.7% increase to $4,036.60 per ounce. (AI image) Gold rate today: Gold prices are rallying again with MCX December futures surging by Rs 1,223, a rise of 1% to hit Rs…
IPO street will remain crowded in the upcoming week as investors brace for a heavy line-up of five IPOs scheduled to open between November 11 and 14. The primary market is set for an active spell, with three issues hitting the mainboard and two launches on the SME platform. In total, the companies are aiming…