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Source: Live Mint Expert View: Abhijit Bhave, Managing Director and CEO, Equirus Wealth believes a 5-10% correction from current levels might be a fair expectation for stabilisation in the market. A strong earnings report card in the December quarter is what might bring some sense of relief in the market, he noted. Bhave also believes…
Source: Live Mint US stocks were subdued on Wednesday amid escalating geopolitical tensions between Russia and Ukraine, and as investors awaited chip giant Nvidia’s quarterly results. At the opening bell, the Dow Jones Industrial Average rose 27.1 points, or 0.06 per cent, to 43,296.05. The S&P 500 fell 2.6 points, or 0.04 per cent, to…
Source: Live Mint After experiencing a sharp correction following Donald Trump’s election victory, gold prices are beginning to show signs of recovery. Over the last two trading sessions, gold prices have surged by as much as ₹1,639 per 10 grams. This resurgence is primarily attributed to a pause in the dollar index’s relentless rally, which…
Source: Live Mint Gold prices rose ₹600 to ₹78,050 per 10 grams in Delhi on Tuesday, November 19, amid a strong global trend in the foreign markets, according to the All India Sarafa Association, reported the news agency PTI. The precious yellow metal with 99.9 per cent purity closed at ₹77,450 per 10 grams the…
Source: Live Mint US stock indices slipped on Tuesday, as investors rush to safe-haven assets on escalating tensions between Russia and Ukraine. At the opening bell, the Dow Jones Industrial Average fell 146.3 points, or 0.34%, to 43,243.27. The S&P 500 fell 23.6 points, or 0.40%, to 5,870.05, while the Nasdaq Composite dropped 92.1 points,…
Source: Live Mint US stocks were mixed on Monday, as investors awaited crucial earnings especially from chip giant Nvidia and on lingering concerns that the Federal Reserve is not in a rush to cut interest rates further. The Dow Jones Industrial Average fell 35.21 points, or 0.08 per cent, to 43,409.78, the S&P 500 rose…
Source: Live Mint As the economic calendar is fairly light in the week ahead, the major focus of the market participants on Wall Street will be on earnings reports from big names such as chip giant Nvidia Corp, retail heavyweights Walmart Inc and Target Corp. Nvidia, the world’s most valued company by market capitalization will…
Source: Live Mint While many prefer to buy gold and precious jewellery from duty-free shops in the Middle East, this time, maybe save the purse for a trip to a local shop. Gold prices in India are cheaper than costs in Oman, Singapore, the United Arab Emirates and Qatar, according to a report by Business…
Source: Live Mint The recent dip in MCX gold rates has left investors contemplating the right move as the wedding season approaches. On November 15, gold futures on the Multi Commodity Exchange (MCX) fell by ₹870, settling at ₹73,612 per 10 grams, marking a significant decline from the record high of ₹79,535 set on October…
Source: Live Mint US stock Indices edged higher on Thursday after producer prices data. At the opening bell, the Dow Jones Industrial Average rose 74.2 points, or 0.17%, to 44,032.38. The S&P 500 rose 4.3 points, or 0.07%, to 5,989.68, while the Nasdaq Composite rose 25.4 points, or 0.13%, to 19,256.09. Read Full Article
