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Source: Live Mint 1-year bond yield is quoting higher than the 10-year, with 1-year yield at 3.98% & 10-year at 3.77%. Gold prices often follow US Treasury yields because of the inverse relationship between yields and gold’s opportunity cost. When Treasury yields rise, especially in the short term, investors may prefer bonds over gold, a…
Source: Live Mint Oil prices climbed about 2% to a three-week high on Tuesday on news of monetary stimulus from China, the world’s top importer, and concerns that conflict in the Middle East could hit regional supply while another hurricane threatened supply in the U.S., the world’s biggest crude producer. Brent futures were up $1.14,…
Source: Live Mint Gold prices surged to a record high on Tuesday as a cocktail of factors, from hopes of further U.S. rate cuts and China stimulus measures to elevated Middle East tensions, lifted demand. Spot gold rose 0.2% to $2,633.25 per ounce by 1100 GMT after hitting a record of $2,639.95 earlier in the…
Source: Live Mint US stock indices edged higher on Tuesday, with commodity shares gaining after China unveiled a bumper stimulus package. China’s central bank on Tuesday announced a broad set of changes to bolster its economy, including a cut in slew of rates. As of 9:35 a.m. Eastern time, the S&P 500 was 0.1 per…
Source: Live Mint Senior Congress leader Rahul Gandhi said on Tuesday, September 24, that capital markets regulator Securities and Exchange Board of India (SEBI) must reveal the names of the ‘big players’ who have been making profits at the expense of small retail investors. Amid the Congress vs SEBI row where the opposition has repeatedly…
Source: Live Mint Indian stock market today: As many as 300 stocks, including Mahindra and Mahindra (M&M), NTPC, Bharti Airtel, JSW Steel and Sun Pharma, hit their fresh 52-week highs in intraday trade on BSE on Tuesday, September 24. Zomato, Apollo Hospitals, Bajaj Auto, Hero MotoCorp, DMart, Hindalco, Indian Hotels Company, Max Healthcare Institute, Tata…
Source: Live Mint In a note, domestic brokerage firm HDFC Securities has maintained its optimistic view on Heritage Foods, highlighting its well-diversified product portfolio, robust distribution network, strong long-term relationships with farmers, and commitment to high-quality premium products. These factors position Heritage Foods to take advantage of India’s growing dairy industry. The company boasts a…
Source: Live Mint Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty index concluded the trading session at 25,939.05, reflecting a marginal increase of 0.01%. Throughout the day, the index reached a high of 26,011.55 and a low of 25,886.85. The Sensex experienced fluctuations within a range of 85,163.23 and 84,716.07,…
Source: Live Mint Shares of Amber Enterprises India Ltd hit a new lifetime high of ₹5,361 on Tuesday before ending the day 4% lower. The company is known for its contract manufacturing of consumer durable products, particularly air conditioners (AC). As Amber Enterprises looks to increase its revenue from the electronics manufacturing services (EMS) sector,…
Source: Live Mint Laxmi Organic Industries share price jumped over 6% on Tuesday, extending its rally for the third consecutive session amid heavy volumes. Laxmi Organic shares rallied as much as 6.26% to a high of ₹308.55 apiece on the BSE. Around 43 lakh equity shares of Laxmi Organic Industries traded hands on stock exchanges…
