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The value of China’s only pure-play silver fund plunged by its maximum daily limit of 10% on Thursday, ending a frenzied bull run that had prompted its manager to issue a rare series of warnings. Continue Reading »
Yatayat Corporation India Limited has filed its Draft Red Herring Prospectus with SEBI for an IPO of up to 1.33 crore equity shares, including a fresh issue and an offer for sale. The company focuses on road logistics, serving various sectors and recording significant growth in revenue and profit. Continue Reading »
Gujarat Kidney's IPO saw strong demand, being subscribed 5.21 times by Day 3. Allotment is expected on December 26, with shares listing on December 29. Despite muted investor sentiment and a grey market premium of ₹0, the company plans strategic investments from the raised funds. Continue Reading »
This rally in metal stocks stems from various factors and not any standalone trigger. The first and foremost is the expectations of the rate cuts by the Federal Reserve, which supports dollar-denominated commodities. Continue Reading »
Silver has emerged as a surprise leader during the festive season, reaching $72 per ounce and a 150% rally this year. It now ranks as the third-most valuable asset, driven by strong industrial demand and expectations of continued low interest rates. Continue Reading »
While the Sensex heads for its second consecutive December loss, strong domestic institutional buying has cushioned markets, offsetting foreign outflows and shielding investors from sharper global-driven declines. Continue Reading »