Business news

Govt Clarifies No Plan To Monetise Gold Held By Temples

Gold, silver trade lower amid renewed West Asia tensions

Commodity experts said gold continues to hold above the ₹1,58,000 level, with resistance near ₹1,59,500 and support around ₹1,57,500. Silver is trading above ₹2,72,000, with resistance near ₹2,75,000.

2 days ago

Indian equity markets trade flat after fresh US strikes in Iran

Sensex fell around 150 points to 76,339, while Nifty slipped below 24,000. IT, chemicals, media, PSU banks and metal stocks gained, whereas consumer durables, healthcare, cement and realty sectors remained under pressure. IndiGo, SBI Life, Titan and Bharti Airtel were among the top losers

2 days ago

Sensex soars 1,073 points on hopes of US-Iran deal, rupee ends stronger

Sensex jumped 1,073.61 points to close at 76,488.96, while the Nifty surged 312.4 points to reclaim the 24,000 mark. Market optimism improved after US President Donald Trump said negotiations with Iran were progressing positively, raising hopes of reduced tensions in West Asia. .

3 days ago

Gold, silver rise up to 2 pc amid softer dollar and easing crude prices

Gold futures rose above ₹1.59 lakh per 10 grams, while silver futures climbed past ₹2.76 lakh per kg. Analysts said safe-haven demand and geopolitical uncertainty continued to support precious metals, with global gold and silver prices also trading higher in international markets.

3 days ago

Sensex, Nifty rally 1 pc in early trade as crude oil falls below $100 mark

Indian stock markets opened sharply higher on Monday, with the Sensex and Nifty rising over 1 per cent after global crude oil prices dropped below the $100-per-barrel mark amid hopes of a possible US-Iran peace agreement. Banking

3 days ago

Nifty eyes 24,000 breakout, Sensex may face resistance near 76,000 next week: Experts

Experts expecting NIFTY 50 to test the crucial 24,000 resistance level next week, while BSE SENSEX may face resistance near 76,000. Analysts said the market is showing gradual recovery supported by gains in banking heavyweights like ICICI Bank, HDFC Bank and Axis Bank.

4 days ago

Gold surges 0.19 pc this week amid persistent geopolitical tensions

Gold prices gained 0.19 per cent this week amid continued geopolitical tensions and fluctuations in crude oil prices. While MCX gold and silver futures slipped slightly on Friday, bullion prices remained supported by uncertainty surrounding US-Iran negotiations and tensions near the Strait of Hormuz

4 days ago

Gold, silver decline up to 2 pc amid profit-booking

India's organised gold jewellery retail sector to achieve 20-25 pc revenue growth this fiscal: Report

India's organised gold jewellery retail sector is likely to see 20-25 per cent revenue growth in FY27, driven by higher gold prices despite weaker demand and a hike in customs duty from 6 per cent to 15 per cent, according to a CRISIL report.

6 days ago

Sensex, Nifty end higher as rupee strengthens

The Nifty rose 64.60 points, or 0.27 per cent, to close at 23,719.30, while the Sensex gained 231.99 points, or 0.31 per cent, to settle at 75,415.35.

6 days ago

Sensex, Nifty post mild gains over hopes of US-Iran deal

The Sensex rose over 300 points while the Nifty climbed close to 90 points in early trade. Banking stocks led the gains, with PSU and private banks performing strongly.

6 days ago

Sensex, Nifty end flat amid West Asia tensions; rupee holds stronger

The Nifty settled at 23,654.7, slipping 4.3 points or 0.02 per cent, while the Sensex declined 135.03 points, or 0.18 per cent, to close at 75,183.36.

7 days ago

Indian equity markets trade higher in early deals amid positive global cues

Indian equity markets traded higher with the Sensex jumping up to 627 points to hit 75,945 and Nifty rising 200 points to 23,859. Gains were driven by hopes of easing West Asia tensions after Iran said it is reviewing the latest US proposal to end the conflict

7 days ago

Gold, silver prices fall over 1 pc amid rising US inflation concerns

COMEX gold and silver also traded lower as investors assessed inflation risks, geopolitical tensions, and uncertainty over future US Federal Reserve policy. Analysts said concerns intensified after US President Donald Trump warned of possible renewed strikes on Iran

7 days ago

Sensex, Nifty end higher after sharp recovery in final hour

The Nifty closed at 23,659, up 41 points, or 0.17 per cent. During the session, the index touched an intra-day high of 23,690.90 and a low of 23,397.30.

8 days ago

Sensex, Nifty open lower amid weak global cues, geopolitical tensions

Indian stock markets opened lower, with the Sensex declining 394 points (0.52 percent) to 74,806 and Nifty slipping 161 points to 23,457. Both indices extended losses in morning trade, falling up to 671 and 220 points respectively

8 days ago