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Source: Live Mint The Bank of Japan is on course to finish offloading millions of dollars of stocks that it bought from beleaguered banks during the financial crisis two decades ago sooner than scheduled, a development that throws into focus the fate of its considerably larger holdings of exchange-traded funds. The book value of share…
Source: Live Mint The Indian stock market resumed its corrective phase after snapping two weeks of recovery to extend its losing streak for eight straight sessions for the first time in two years. The sentiment remained negative from the very beginning, with a sell-on-rally sentiment amid several external triggers. Next, investors will monitor some key…
Source: Live Mint Gold Price and Silver Rate Today on February 16, 2025: Gold prices experienced a modest decrease on Sunday. The cost of 24 carat gold in India is Rs.8624.3 per gram, reflecting an decrease of ₹ 1100.0. The cost of 22 carat gold in India is 7907.3 per gram, a fall of ₹1010.0….
Source: Live Mint In a holiday-shortened week ahead, Wall Street investors will be focusing on home sales data and the Federal Reserve minutes of January monetary policy meeting. The markets will remain closed on Monday to mark Presidents’ Day. The week will also see other economic data including preliminary PMIs by S&P Global for services…
Source: Live Mint Gold Rate and Silver Price Today on February 16, 2025: Gold prices experienced a modest decrease on Sunday. The cost of 24 carat gold in India is Rs.8624.3 per gram, reflecting an decrease of ₹ 1100.0. The cost of 22 carat gold in India is 7907.3 per gram, a fall of ₹1010.0….
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
Source: Live Mint Hexaware Technologies’ IPO was fully subscribed on the final day of bidding, Friday, February 14. The mainboard offering was oversubscribed by more than 2.5 times, driven primarily by Qualified Institutional Buyers (QIBs). The ₹8,750-crore public issue, the largest IPO by an IT company since TCS’s ₹4,700-crore offering two decades ago, received a…
Source: Live Mint The combined market valuation of eight of the 10 most valued domestic firms eroded by ₹2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day…
Source: Live Mint Brokerage firm Nuvama has given a ‘buy’ call to BLS International Services, raising the target price from ₹604 to ₹637 after the visa service provider announced financial results for the December quarter on February 11. “Given its in line performance in Q3FY25 and higher-than anticipated margin guidance, we have revised our FY25/FY26…
Source: Live Mint In 2023, new tax regime became a default regime which means the taxpayers must opt out of the new tax regime to be able to claim tax exemptions given under sections 80C, 80D and 80G, among others. The provision under section 80C enables taxpayers to claim deduction for investing in various financial…
