Benchmark indices Sensex and Nifty closed lower on Monday as investors turned cautious ahead of the US Fed interest rate decision amid weak global cues. Photograph: PTI Photo from the Rediff Archives Besides, selling pressure in metal and IT counters
Gold prices slumped for the second straight session by Rs 1,150 to Rs 78,350 per 10 grams in the national capital on Monday on frantic selling by stockists and retailers, the All India Sarafa Association said. Photograph: Leonhard Foeger/Reuters The
Wholesale price based inflation declined to a 3-month low of 1.89 per cent in November on cheaper food items, and experts predicted a 0.25 per cent interest rate cut by the RBI in the policy review in February. The Wholesale
Vedanta Dividend Live Updates: Vedanta’s board will meet today, December 16, to consider a fourth interim dividend proposal for financial year 2025. The company has already paid ₹35 as dividend in three previous instances so far. It announced a first
Expert view: Arindam Mandal, the head of global equities at Marcellus, remains confident about India’s long-term structural growth story. He also believes the ‘China+1’ strategy will likely gain additional momentum under Donald Trump’s policies. In an interview with Mint, Mandal
‘It has also outlived its initial purpose of reducing physical gold imports.’ Photograph: Kind courtesy Hamiltonleen/Pixabay With an increased emphasis on reducing government debt, the finance ministry is considering discontinuing the issuance of Sovereign Gold Bonds (SGBs) from the
Subscribers of the retirement fund body EPFO may soon be able to withdraw claim amounts from their accounts through ATMs, a top official said. Union Labour Secretary Sumita Dawra has reportedly said that the labour ministry is upgrading information technology
The US Fed interest rate decision, inflation data and FIIs are the key factors that are expected to drive stock markets this week, analysts said. Global trends will also be tracked by investors for further cues, they added. “The Indian
Foreign investors have made a strong comeback to Indian equities with a net investment of Rs 22,766 crore in the first two weeks of December driven by expectations of rate cut by the US Federal Reserve. Photograph: Kind courtesy Rupixen/Pixabay
Last Friday’s trading session is not something you would even wish upon your worst enemy. Of course, there was money made on both sides perhaps, but someone who carried longs into Friday’s session would have been caught on the wrong
