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Source: Live Mint The Indian rupee closed lower to halt a nine-day winning run on Tuesday as importers stepped in to hedge liabilities at favourable levels, dollar inflows moderated and the local currency’s regional peers slipped. The rupee ended at 85.7550 against the U.S. dollar, down 0.14% on the day. It had risen to a…
Source: Live Mint “Wherever possible, we like to buy individual stocks and securities globally. In certain markets, because of regulatory reasons, stocks cannot be purchased directly, in which case we may get exposure via country ETFs (Exchange-traded funds),” said Mehra, who runs a global fund out of Cayman Island. She invests 80% of her portfolio…
Source: Live Mint Gold Rate Today LIVE Updates: Gold prices scaled an all-time peak on Tuesday, as global geopolitical uncertainties exacerbated by rising trade tensions lifted demand for the safe-haven asset. MCX gold prices surged to a record high of above ₹88,600 level, tracking international bullion prices that extended its historic run above the $3,000…
Source: Live Mint The recent stock market slump in the US has raised concerns about President Donald Trump’s economic policies such as tariffs, immigration crackdowns and federal budget cuts. Will these policies eventually benefit the market and investors? This seems unlikely, said Jim Rogers, a renowned global investor, author and commodities guru. Rogers has already…
Source: Live Mint Gold price today: Maintaining its upward run for the third straight day, gold prices touched another peak on the Multi Commodity Exchange (MCX) in today’s trading session, March 14. The April expiry contract opened higher at ₹87,781 per 10 grams and strengthened further to hit a fresh peak of ₹88,280, marking a…
Source: Live Mint Indian stock market: The pain in Indian technology stocks is deepening with each passing day as signs of a slowing U.S. economy—where Indian tech giants have significant revenue exposure—are unsettling investor sentiment, leading to a severe sell-off on Dalal Street. Additionally, diminishing expectations of multiple U.S. Fed rate cuts in 2025, coupled…
Source: Live Mint Bullion up 0.2% so far this week Silver, platinum on track for weekly rise Dollar set for fourth straight weekly gain (Updates with mid-session trading) Dec 27 (Reuters) – Gold prices eased on Friday but were set for a weekly gain as investors gravitated towards safe-haven assets amid political uncertainty in the…
Source: Live Mint By Amanda Cooper and Wayne Cole LONDON/SYDNEY (Reuters) – Global shares were boosted on Monday by a U.S. inflation reading offering some hope for further policy easing next year, along with relief that Washington had averted a government shutdown. After a recent central bank decisions bonanza, this week only has the minutes…
Source: Live Mint The Indian rupee slipped to another fresh low of 84.50 against the US dollar in trade on November 22 as the greenback’s steady rise, persistent selling by foreign portfolio investors (FPIs), and escalating geopolitical tensions continued to weigh heavily on the local currency. The US Dollar index, which tracks the dollar’s performance…
Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, slightly declined on Thursday, marking their sixth weekly loss in seven weeks. Concerns about a slowdown in consumption compounded worries about moderating earnings and foreign capital outflows. The Nifty 50 dropped by 0.11% to 23,532.7, closing below its 200-day moving average…
