Global markets – At $2.73 per 1,000 cubic feet for October delivery, natural gas prices increased by 9 cents. Bullion At $1,953.40 per ounce, gold for December delivery increased $7.20. At $23.50 per ounce, silver for December delivery increased by 11 cents. Prior to the Federal Reserve’s expected announcement on key interest rates on Wednesday,…
Global Market Updates: The US stock market saw a dramatic correction on Friday, with all three major benchmark indices, the Nasdaq, Dow Jones, and S&P 500, falling significantly. The Dow Jones Index fell 0.83 percent, the S&P 500 fell 1.22 percent, and the Nasdaq Composite fell 1.56 percent. The S&P 500 and Nasdaq reversed their…
Tata Sons IPO: Tata Sons must prepare for a public listing by September 2025 in order to maintain its ‘upper-layer’ NBFC (Non-Banking Financial Company) classification. ‘Upper-layer’ NBCs must list within three years of being informed, per RBI regulations. Tata Sons is one of 15 financial institutions included in the category of “upper-layer” NBFCs that the…
Adani Green’s projects: People familiar with the situation said that TotalEnergies SE is in discussions to invest in renewable energy projects created by Adani Green Energy Ltd. This could be the first public transaction between the French oil giant and Gautam Adani since a short-seller accused the Indian billionaire’s business empire of fraud. According to…
Wall Street Week Ahead: “In the past, it has frequently been advantageous for investors to buy American stocks after the Federal Reserve ends its cycle of rate hikes. This time, though, things look different since the economic outlook is uncertain and prices seem inflated. Despite raising borrowing costs by 525 basis points since March 2022,…
The Indian stock market will launch the Investor Risk Reduction Access (IRRA) portal for trading members in an effort to combat technical difficulties or interruptions. According to the SEBI circular, trading members will have access to IRRA across exchanges starting on October 3rd, 2023. The TMs enabling Internet-based trading (IBT) and security trading via wireless…
Mutual Funds – The benchmark Nifty is trading above the 20,000 mark, and the Indian stock market indices are at all-time highs. Strong local macroeconomic data and encouraging international cues have combined to propel the advance in domestic equities markets. Although the Nifty50 index has gained more than 11% so far in 2023, the midcap…
The top Stocks to watch that could be the focus of today’s trade are listed below: Stocks to watch – Reliance Industries: In relation to a gas issue in the Krishna Godavari Basin, the Centre on Thursday filed a petition contesting a Delhi high court ruling in favor of Reliance Industries Ltd (RIL). A lawyer…
Today’s stock market: Even if the mid-cap and small-cap indices have been under pressure, large-cap IT companies have been on the rise recently. Today’s TCS share price opened in the green, and the IT stock continued to rise, reaching a new 52-week high of 3,597.70 on the NSE. Similar to how Wipro’s share price opened…
Gold, one of the most precious and expensive metals, is very important in India and is also one of the best investment opportunities at the moment. Not only in the form of jewelry. However, gold is also appreciated in the forms of art and coins. Despite the steady rise in gold prices, Indians continue to…
