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The prospect of a Middle East ceasefire agreement and persistent US inflation also dampened the expected pace of interest rate cuts as well as oil demand growth. Continue Reading »
As of 10:06 a.m. ET (1406 GMT), spot gold climbed 1% to $2,307.88 per ounce, rebounding from its earlier session low, which marked its lowest level since April 5. Meanwhile, U.S. gold futures saw a 0.7% increase, reaching $2,318.50. Continue Reading »
The IPO comprises a fresh issuance of equity shares valued at ₹1,000 crore, alongside an offer for sale of ₹2,000 crore by BCP Topco VII Pte Ltd, an affiliate of Blackstone Group Inc, the promoter. Continue Reading »
Microcap stock Nidhi Granites has given multifold returns to its investors in the last 1 year. The stock has skyrocketed around 333 percent in this period from ₹68.21 in April 2023 to currently trade at its record high ₹295.15. Continue Reading »
After 2 straight months of inflows, foreign portfolio investors (FPIs) turned sellers in April. FPIs sold Indian equities worth ₹8,671 crore during the month on the back of a rise in US bond yields and higher crude oil prices. Continue Reading »