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Source: Live Mint International crude oil prices rose almost one per cent on Thursday, December 26, in a holiday-thinned trading session driven by hopes for additional fiscal policy stimulus in China, the world’s biggest oil importer, and supported by an industry report showing a decline in US crude inventories. Brent crude futures last rose 48…
Source: Live Mint Not long ago gold seemed to have lost its lustre. In the decades after President Richard Nixon abandoned the gold standard in 1971, the yellow metal fell out of favour with central banks, which hoarded their reserves in dollars instead. In the 1980s and 1990s investors and households grew weary of its…
Source: Live Mint The Indian stock market extended its gains for the second consecutive week amid volatility, initially driven by robust investor sentiment and renewed buying following the decisive victory of the BJP-led NDA in the Maharashtra assembly elections—a state of significant economic importance. In the first week of December, investors will closely monitor key…
Source: Live Mint Gold rate today: After rising for three straight months, gold prices in India registered around 2.60 per cent dip in November 2024. This pullback in the precious yellow metal was driven by the announcement of a ceasefire agreement between Israel and Hezbollah and the rising US dollar rates. However, commodity market experts…
Source: Live Mint Stock Market Today: The Maharashtra Assembly Election results lifted the Indian stock market sentiment on Monday as the benchmark Nifty 50 index and S&P BSE Sensex, with gains of 1.32% and 1.25%, ended a 24,221.90 and 80,109.85, respectively. With gains of 2.10%, Nifty Bank ended at 52,207.50, while Realty Oil & Gas…
Source: Live Mint Foreign portfolio investors (FPIs) have been on a selling spree over the last one and a half months, withdrawing funds from Indian equities at an unprecedented pace and reversing their earlier purchasing streak. This sudden shift in FPI behaviour has weighed heavily on market sentiment. So far in November, FPIs have offloaded…
Source: Live Mint Indian stock market: After a massive correction in the last one month, Indian benchmark indices showed signs of a rebound. Both Sensex and Nifty 50 extended gains to the second straight session on Monday, November 25 on the back of the BJP-led NDA’s landslide victory in the state elections in Maharashtra. In…
Source: Live Mint The Indian stock market snapped its two-week losing streak on a high note, offering relief after weeks of correction. Yet, this came after navigating a highly volatile week marked by geopolitical tensions and renewed concerns surrounding the latest bribery and fraud charges against the Adani group. In the last week of November,…
Source: Live Mint Russia-Ukraine war: Amid soaring crude oil prices due to the escalation in the Russia-Ukraine war, the Indian stock market witnessed a strong pullback rally on Friday, and frontline indices witnessed a broad-based jump that augurs well for Dalal Street bulls. Shares of the BSE Sensex heavyweight Reliance Industries Limited (RIL) showcased a…
Source: Live Mint Gold rate today: Making their best weekly performance since March 2024, gold prices finished around 5 per cent higher at ₹77,685 per 10 gm on Friday, just ₹1850 away from the record high of ₹79,535. The rally in MCX gold rates was mainly fueled by an escalation in the Russia-Ukraine war. In…
