The FinTech Hub
Source: Live Mint Gold price today: Precious metal soared to hit the significant psychological level of ₹1 lakh per 10 grams in the retail market on Monday, ahead of Akshaya Tritiya, which is the auspicious day for purchasing gold in India. On the Multi Commodity Exchange (MCX), the August delivery contract for gold surged by…
Source: Live Mint In India, the Nifty 50 plunged over 5% in four days post tariff announcement, while the India Volatility Index (VIX) shot up 65.7% to 22.8 on 7 April —its sharpest single-day spike since 2007. Though US President Donald Trump partially rolled back tariffs on 9 April, offering a 90-day pause for most…
Source: Live Mint India’s IT services companies were beginning to see improving demand for tech services in the US, their biggest market. But if the trade war unleashed by US President Donald Trump pushes his country into a recession, IT clients could tighten their discretionary spending budgets again, according to experts. The jitters are already…
Source: Live Mint Indian IT stocks are back under pressure as fears of a US-led recession gain traction following President Donald Trump’s announcement of sweeping “reciprocal tariffs” on over 180 countries. The United States remains the most critical market for Indian IT services, and any slowdown in that economy is expected to significantly dampen sector…
Source: Live Mint Stock market crash: Indian stock markets came under heavy pressure on Monday, April 7, as mounting fears of a global slowdown — fueled by recession concerns in the U.S.— continued to rattle equities worldwide. The heavy sell-off which began last week following the imposition of traiffs by U.S. President Donald Trump, extended…
Source: Live Mint The Nifty 50 fell 1.5% to close at 22,904.45 while the Sensex dropped 1.2%, ending at 75,364.69. The smaller shares took a bigger hit, with Nifty Midcap 100 tumbling 2.9% and Nifty Smallcap 250 plunging 3.3%. Elsewhere, Hong Kong’s Hang Seng, China’s Shanghai Composite, Japan’s Nikkei and South Korea’s Kospi fell 1.5%,…
Source: Live Mint Trump’s comments on the weekend dragged South Korea’s Kospi and Japan’s Nikkei down by 3-4% on Monday, while Germany’s Dax and France’s CAC traded 1% lower at the time of writing. Indian stock markets are likely to feel the pain on Tuesday, said analysts. Options data as of Friday indicates a range…
Source: Live Mint Gold rate today: After climbing to a new peak of ₹89,796 per 10 gm, MCX gold rate witnessed some profit-booking during weekend sessions, ending around ₹2,000 lower at ₹87,785 per 10 gm, logging over 14% YTD rally. In the international market, spot gold prices finished at $3,023.63 per ounce after hitting a…
Source: Live Mint The recent stock market slump in the US has raised concerns about President Donald Trump’s economic policies such as tariffs, immigration crackdowns and federal budget cuts. Will these policies eventually benefit the market and investors? This seems unlikely, said Jim Rogers, a renowned global investor, author and commodities guru. Rogers has already…
Source: Live Mint Stock Market news: The domestic benchmark indices, Nifty 50 and Sensex, were closed on Friday, March 14, in celebration of Holi. On Thursday, the stock markets finished on a low note, with Nifty 50 closing at 22,397.20, down 73.30 points or 0.33 percent. Similarly, the Sensex mirrored Nifty 50’s trend and ended…
