Business news

Gold prices rise to 3-month high on back of safe-haven demand

Gold Prices Recover Weekly but Dip as US Shutdown Standoff Concludes

The price of 10 grams of 24-carat gold closed the week at Rs 1,24,794 down from Rs 1,20,100 last week, according to data published by the India Bullion and Jewellers Association (IBJA).

14 days ago

Sensex, Nifty end lower amid volatile trade

Sensex, Nifty Finish Week on Positive Note as NDA Secures Landmark Win in Bihar

"Toward the week's close, the NDA's Bihar election victory bolstered investor confidence, but fading expectations of a U.S. Fed rate cut triggered profit booking in IT stocks, tempering their earlier gains," he mentioned.

15 days ago

Gold prices see further drop as safe haven buying eases

Gold futures contracts on the Multi-Commodity Exchange (MCX) opened firmly in red and stayed under pressure throughout the session. The December futures contract of gold dropped by Rs 1,186, or 0.94 per cent, settling at Rs 1,25,573 per 10 grams.

15 days ago

Sensex, Nifty extend winning streak for 6th day, led by IT stocks

Stock market ends on positive note over NDA's huge victory in Bihar polls

Sensex settled at 84,562.78, up 84.11 points or 0.10 per cent. The share index started the session at 84,060.14, falling over 400 points against last day's closing of 84,478.67 amid caution ahead of Bihar election results. However, the index jumped over 550 points from the day's low to close in green.

16 days ago

Jan 1, 1970

Sensex, Nifty open higher amid mixed global cues

Sensex, Nifty open lower amid negative global cues

As of 9.25 am, the Sensex declined 292 points, or 0.35 per cent to 84,185 and the Nifty dipped 85 points, or 0.33 per cent to 25,794.

16 days ago

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Indian equity indices close flat amid profit booking ahead of Bihar poll results

Sensex ended the session at 84,478.67, up 12.16 points or 0.01 per cent. Continuing the previous day's rally, the 30-share index started trading higher at 84,525.89 against last session's closing of 84,466.51. However, the index traded volatile during the session and closed flat amid profit booking post the last three days ' rally.

17 days ago

1 more repo rate cut by RBI likely in MPC review in December: Economists

Several major GST-affected categories did not show full transmission in October which implies further spillover into November. Nov CPI is currently tracking 0.9 per cent, with a downside due to GST spillover. FY26E headline CPI is now less than 2 per cent, implying further downside of 50 bps to RBI's forecast of 2.6 per cent.

17 days ago

Stock market ends flat; auto shares surge as IT and FMCG decline

Sensex, Nifty open marginally lower amid mixed global cues

The broadcap indices performed in line with the benchmarks, with the Nifty Midcap 100 down 0.13 per cent and the Nifty Smallcap 100 dipped 0.27 per cent.

17 days ago

Sensex, Nifty snap 6-day winning streak amid US-China trade probe concerns

Indian stock market rises for 3rd consecutive day this week

Sensex ended the session at 84,466.51, up 595.19 points or 0.71 per cent. The 30-share index started the session with a huge gap-up at 84,238.86 against last session's closing of 83,871.32. The index continued the early momentum to hit the intra-day high at 84,652,01 amid heavy buying in IT and auto heavyweights.

18 days ago

Inflation likely around 0.45 pc next month, time for decisive RBI actions: SBI

India inflation expected at 2.1 pc in FY26, RBI rate cut likely

India's exports to the United States rose by 13 per cent in H1 FY26, it said, adding that the US remains the largest export destination for merchandise goods, accounting for nearly 20 per cent share in India's total exports.

18 days ago

Indian rupee expected to trade in 88.5‑89 per dollar range till Nov end: Report

Any positive development on the US-India trade deal is likely to lift investor sentiments, the bank said, adding that concerns about higher US tariffs' impact on the domestic economy are weighing on foreign portfolio investor (FPI) flows.

18 days ago

Sensex, Nifty open higher amid positive global cues

Sensex, Nifty open in green amid US-India trade talks, Bihar exit polls

As of 9.25 am, Sensex advanced 496 points, or 0.59 per cent at 84,367 and Nifty inched up 147 points, or 0.58 per cent to 25,842.

18 days ago

SIP inflows hit all-time high of Rs 29,529 crore in October

Despite volatility in the domestic equity market during the month, the steady growth in SIP in the month reflects the strong retail participation, which led the mutual fund industry's total assets under management (AUM) to increase to Rs 79.87 lakh crore from Rs 75.61 lakh crore a month earlier.

19 days ago

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Indian stock market continues upward trend as IT, auto stocks lead

Sensex ended the session at 83,871.32, up 335.97 points or 0.40 per cent. The 30-share index opened trading higher at 83,671.52 against the last session's closing of 83,535.35.

19 days ago