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Source: Live Mint The Indian stock market benchmark index Nifty 50 is expected to reach 26,100 level by December 2025, Kotak Securities said in its Market Outlook 2025 report, while maintaining a ‘cautiously optimistic’ approach on the domestic equities. The Nifty 50 target for 2025 represents a 6% increase from its closing level on Tuesday….
Source: Live Mint Gold rate today: Following the cautious tone of the US Fed chairman Jerome Powell on an interest rate cut that strengthened the US dollar, gold prices logged a decline in the international market for the second straight week. However, gold prices registered marginal gain in the domestic market despite the Indian National…
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 Gold prices on MCX opened sharply lower on Thursday tracking weakness in international bullion prices that hit a two-month low amid a stronger US dollar. Silver prices also dropped by more than 1%. At 9:05 am, MCX gold rate traded lower by ₹609, or 0.82%, at ₹73,873 per 10 grams, while MCX…
Source: Live Mint The United States dollar rose to nearly a seven-month high against major currencies on Wednesday, November 13, after the U.S. inflation data for October showed an increase, in line with market expectations and hinted that the Federal Reserve (FED) would keep cutting rates, reported the news agency Reuters. The US dollar rose…
Source: Live Mint The Indian stock market continued to consolidate for another week, losing over half a per cent, signalling the continuation of a corrective phase. The week began cautiously due to concerns ahead of the US Presidential elections, followed by a brief mid-week recovery after the poll results. The gains could not hold, reflecting…
Source: Live Mint Although the US Federal Reserve refrained from surprising markets and trimmed the benchmark interest rate by 25 bps to 4.50 – 4.75 per cent on November 7, markets seemed disappointed by Chair Jerome Powell’s tone, which suggested uncertainty about the future path of interest rates. In the September meeting, the US Fed…
Source: Live Mint Indian stock market extended its slide to the second consecutive day on Friday, November 08, as sharp selloff in major large-cap stocks, including Reliance Industries, ICICI Bank, State Bank of India, and Trent, weighed heavily on the frontline indices, causing them to end the session in the red. The 25-basis point rate…
Source: Live Mint Gold prices in India extended decline on Thursday, mirroring global weakness in the yellow metal after Republican Donald Trump’s 2024 US election victory triggered a sharp correction. Analysts anticipate further short-term pressure on gold rates due to political and economic factors impacting the bullion’s safe-haven appeal. MCX gold prices have dropped over…
Source: Live Mint Bitcoin prices jumped past $71,000 for the first time since June on Tuesday, boosted by inflows into dedicated exchange-traded funds and speculation about the US Presidential Election next week. The largest digital asset, Bitcoin was up 5% at $71,020. Bitcoin prices hit an all-time high of $73,750 in March and have jumped…
