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Source: Live Mint While the benchmark indices have declined by over 10 percent in the past one month on account of massive FII outflow to the tune of ₹94,000 crore, investors are getting profoundly jittery over the value of their portfolio, and rightly so. Besides, the search for value stocks is getting narrower by the day….
Source: Live Mint Gold and Silver Prices Today: Gold prices observed a modest increase on Tuesday. The cost of 24 carat gold is Rs.7649.3 per gm, which reflects an increase of Rs.680.0. The cost of 22 carat gold is Rs.7013.3 per gm, marking an increase of Rs.620.0. The price change in 24 carat gold over…
Source: Live Mint Gold price today: Gold rates rose in the domestic futures market on Tuesday morning, supported by positive global trends and strong demand in the local spot market. A weaker dollar, driven by profit-booking against major currencies, further bolstered sentiment. MCX Gold for December 5 expiry traded 0.43 per cent higher at ₹75,369…
Source: Live Mint Breakout stocks to buy or sell: Following weakness in the global markets due to US President Donald Trump’s policy worries, the Indian stock market ended lower for the seventh straight session. The Nifty 50 index corrected 70 points to 23,462, marking the longest losing streak since eight sessions to Feb 28, 2023….
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to see positive opening on Tuesday following gains in global equities. Asian markets traded higher, while the US stock market ended mixed overnight, with the Nasdaq and S&P 500 closing higher. On Monday, the Indian stock market indices…
Source: Live Mint Trend followers thrive by riding the wave of an established trend, betting that momentum will continue, while reversal traders look for opportunities to profit from the rare, but lucrative, moments when the trend flips. The excitement lies in identifying these inflection points—the sweet spot where analysis and timing meet to unlock potential…
Source: Live Mint In its latest earnings review, Motilal Oswal Financial Services (MOSL) observed that earnings performance for the MOFSL Universe was in line with expectations, showing a 1 per cent year-on-year (YoY) decline. Despite the subdued overall growth, the Nifty 50 index managed a 4 per cent YoY increase, surpassing MOSL’s estimate of 3…
Source: Live Mint (Bloomberg) — Oman’s state energy company is seeking to raise as much as $490 million from the initial public offering of its methanol and liquefied petroleum gas unit, the latest in a flurry of deals from the region. OQ SAOC will offer a 49% stake in OQ Base Industries SAOG at 106…
Source: Live Mint The September quarter (Q2FY25) results of FSN E-commerce Ventures Ltd, the parent of Nykaa, showcased robust growth in the beauty business, while fashion was sluggish—mirroring a trend seen in the previous few quarters. Revenues increased 24% year-on-year to ₹1,875 crore, and the Ebitda margin at 5.5% was slightly below estimates. Beauty gross…
Source: Live Mint The State-owned renewable energy giant said on Monday that it has raised around ₹3,960 crore from investors in its anchor round, according to the exchange filing, ahead of the company’s proposed initial public offering (IPO). As per the exchange filing, the company has allocated 36,66,66,666 or 36.66 crore equity shares to the…
