India’s gold imports in August this year has nearly doubled from last year, and has been the highest in five months, a government source told Reuters. This could be due to a strong demand and weaker prices which have prompted jewellers to ramp up purchases for the upcoming festive season. …Read the full story
A part of this affect is already visible, in the disparate momentum of crypto, commodities, fall in the interest of IPOs and mid & small caps. A strong reiteration along with the clarity that it will be of small amounts, based on the upcoming data like employment, inflation, and delta variant. It is sure that […]
MCX September silver futures also gained Rs 115, or 0.18 percent, at Rs 63,341 per kg. On MCX, gold has support at Rs 47,055-46,920 and resistance at 47,500-47,660, he said. In the domestic market, due to weakness in the rupee, both the metals ended mixed. …Read the full story
The global cryptocurrency market cap is $1.99 trillion, a 6.38 percent increase over the last day, while the total crypto market volume over the last 24 hours is $106.24 billion, which makes a 9.79 percent decrease. It has been a cinematic experience, the new-age version of a bank robbery flick, replete with a colourful thief, […]
The global cryptocurrency market cap is $1.81 trillion, a 3.37 percent increase over the last day while the total crypto market volume over the last 24 hours is $122.42 billion, which makes a 23.04 percent increase. …Read the full story
The global cryptocurrency market cap is $1.75 trillion, a 4.94 percent increase over the last day, while the total crypto market volume over the last 24 hours is $99.78 billion, which makes a 0.12 percent decrease. Brian Brooks, the chief executive of the US arm of global cryptocurrency exchange Binance, said on August 6 that he had […]
The USDINR spot touched a low of 74.31 on the back of lumpy corporate and IPO related dollar inflows, the lowest levels since early July. Markets remained volatile today but interesting thing to note is that despite acute turmoil in Chinese stock markets, we stood our ground well. The market witnessed the continuation of the […]
The offer had received over Rs 2 lakh crore of bids with qualified institutional buyers bidding for Rs 1.5 lakh crore worth of shares alone, against their reserved portion of Rs 2,955.15 crore. “Lot of institutional investors in the IPO participation did not get shares given the overwhelming response, which indicated that there was a huge appetite for […]
A good support and stop lies below 15,700 and until that does not break on a closing basis, traders can accumulate long positions on intraday dips. Zomato IPO updates: The initial public offering of Zomato, one of the leading food service platforms in India, subscribed 4.82 times so far on July 16, the third day […]
BSE IT and teck indices rose up to 2 percent. Realty, energy, FMCG, finance, auto and oil & gas ended as the losers among the sectoral indices. Insane level of discussions yesterday – clubhouse, twitter, everywhere. It’s very interesting attention, and I actually don’t expect massive listing gains; the story has to be longer term. […]
The global cryptocurrency market cap is $1.32 trillion, a 3.67 percent decrease over the last day while the total crypto market volume over the last 24 hours is $60.45 billion, which makes a 3.55 percent decrease. The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, that aims to prohibit all private cryptocurrencies, was earlier […]
On the Multi-Commodity Exchange , August gold contracts were trading 0.19 percent higher at Rs 47,980 for 10 grams at 0930 hours. Both precious metals settled on a mixed note in the international as well as domestic markets. “Record rise in the inflation supported the dollar and capped gains of precious metals. At MCX, gold […]
The logic here is simple. For instance, Deloitte in Australia has reportedly introduced a new policy where staff can set their own work hours. In India, formal policies haven’t been constituted among large corporates to choose one’s own working hours. Again, this wouldn’t be feasible in work settings that require physical presence at fixed hours due […]
Gold prices on Tuesday hit their highest in nearly three weeks, as a pullback in the dollar made bullion less expensive for holders of other currencies, while investors awaited minutes from the U.S. Gold was sold down heavily after June FOMC meeting and now that expectations have been priced in, buyers are back to the […]
The global cryptocurrency market cap is $1.44 trillion, a 1.18 percent increase over the last day, while the total crypto market volume over the last 24 hours is $64.92 billion, which makes a 6.97 percent increase. In a tweet late on July 2, Armstrong said: “Coinbase is building out an office in India! Amazing team […]
BSE Sensex gained 166.07 points to close at 52,484.67, while the Nifty50 rose 42.20 points to 15,722.20. According to pivot charts, the key support levels for the Nifty are placed at 15,659.37, followed by 15,596.53. The United Arab Emirates on July 4 criticised the current oil output deal among OPEC+ alliance members as unjust, escalating […]
For the last five trading sessions, Nifty has been consolidating in a narrow range of 15,700-15,900. Longs should be kept with a stop loss of 15,500. Nifty may hit 16,300 once the short-term hurdle of 15,900 is taken out. …Read the full story
