Business news

Govt Clarifies No Plan To Monetise Gold Held By Temples

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

2 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.

3 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

3 days ago

Sensex, Nifty end lower amid global tensions down arrow image

Sensex slipped 114.19 points to close at 75,200.85, while the Nifty fell 31.95 points to settle at 23,618. Analysts said Nifty needs to sustain above the 23,700–23,800 zone to regain momentum towards 24,000

4 days ago

Indian equities trade higher after Trump signals possible Iran deal

Indian equity markets traded higher on Tuesday after US President Donald Trump signalled a possible nuclear deal with Iran, easing concerns over escalating tensions in West Asia. The Sensex rose over 360 points while the Nifty climbed nearly 110 points

4 days ago

Sensex, Nifty recover from day's lows to end flat; IT stocks shine

The benchmark Nifty ended 6.45 points higher at 23,649.95, while the Sensex gained 77.05 points to settle at 75,315.04 after both indices traded in the red for most of the session.

5 days ago

Indian equity markets opened lower amid rising West Asia tensions, oil surge

Sensex declined as much as 892 points or 1.18 per cent to hit an intraday low of 74,345 in early trade, while Nifty slipped 272 points or 1.15 per cent to 23,371.

5 days ago

'Blatantly untrue, tarnishing image': Reliance issues statement, denies Russian oil cargoes to Jamnagar

Top 10 firms lose Rs 3.12 lakh crore in market value; Reliance Industries suffers biggest decline

Nine of India's 10 most valued companies together lost over Rs 3.12 lakh crore in market capitalisation last week as stock markets declined sharply. Reliance Industries faced the biggest erosion, while Bharti Airtel was the only major company to register gains during the week.

5 days ago

WHO declares Ebola outbreak in Congo, Uganda global public health emergency

WHO has declared the Ebola outbreak in the Democratic Republic of the Congo and Uganda a "public health emergency of international concern" due to the growing risk of international spread.

6 days ago

Gold and silver surge up to 1 pc amid geopolitical uncertainty

Gold, silver surge nearly 4 pc this week amid geopolitical tensions, volatile crude

Gold and silver prices surged nearly 4 per cent this week amid rising geopolitical tensions and volatile crude oil prices. On the Multi Commodity Exchange of India, gold futures settled 3.94 per cent higher at Rs 1,58,547, while silver futures rose 3.8 per cent to Rs 2,71,886.

7 days ago

MTF Calculator and the Margin Calculator

MTF Calculator vs Margin Calculator: Key Differences Explained

While a Margin Calculator determines the minimum upfront capital required to place a trade, an MTF Calculator specifically computes the long-term interest costs and leverage exposure of broker-borrowed funds.

7 days ago

Sensex, Nifty end lower amid surge in crude oil prices

The benchmark Nifty closed 46.10 points, or 0.19 per cent, lower at 23,643.50, while the Sensex declined 160.73 points, or 0.21 per cent, to settle at 75,237.99.

8 days ago

Gold, silver tumble up to 4 pc amid stronger dollar, rising crude prices

Gold and silver prices fell sharply on Friday amid a stronger US dollar and rising crude oil prices. On the MCX, gold futures dropped over 1.5 per cent to an intraday low of Rs 1,59,500, while silver futures plunged more than 4 per cent to Rs 2,79,102

8 days ago

Indian markets trade flat amid mixed global cues, oil prices rise

Indian equity markets traded flat on Friday amid mixed global cues and rising crude oil prices. The Nifty slipped 0.11 per cent to 23,663, while the Sensex fell 147 points in early trade. Metal, Realty and Oil & Gas stocks led the decline,

8 days ago

Gold holds steady amid easing US-Iran tensions; silver gains on MCX

Government raises gold, silver import duty to 15% amid West Asia crisis and forex pressure

The government has also increased customs duty on gold and silver imports to 15 per cent and raised platinum import duty to 15.4 per cent as part of broader efforts to curb non-essential imports and manage forex pressure amid rising oil prices linked to the West Asia crisis.

8 days ago