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By 1422 GMT, spot gold had decreased 1.8% to $2,401.49 per ounce. Earlier, on Wednesday, gold reached an all-time high of $2,483.60. Continue Reading »
The surge in F&O trade volume has become a macro issue, says SEBI Chairperson Madhabi Puri Buch. The derivative market has seen a 42.8 per cent rise in the financial year 2023-24, according to an RBI report. Continue Reading »
As investors weigh their options in the banking sector, the choice between blue-chip lenders and mid-cap ones has become a pivotal decision. Continue Reading »
Indian markets ended the week positively. Nifty 50 closed at 24,530 points, Sensex at 80,604 points. IT stocks led the rally with Nifty IT index reaching a new high of 40,682 points. Infosys reported strong results, fueling optimism in the sector. Continue Reading »
Budget 2024: In the budget speach the market will be closely monitoring potential changes in the capital gains tax treatment on equity, said Sunil Damania, Chief Investment Officer, MojoPMS. He feels that trading approach is less sensible compared to an investment strategy on the budget day. Continue Reading »
In an exchange filing, SpiceJet announced that its board of directors will consider on Tuesday, July 23, to discuss and approve the raising of fresh capital. Continue Reading »