It is that time of the year when precious metals such as gold and silver are hitting new peaks both in demand and pricing…The 24-carat gold rates are now edging close to Rs 80,000 per 10 grams. Diwali and especially Dhanteras sees higher buying sprees amongst consumers in India. Gold prices have been fluctuating week-on-week
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Wednesday. Here’s a look at the key stocks to watch in trade. GIFT Nifty ended 50 points or 0.20% up at 24,575 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on
Bengaluru-based social investing platform, StockGro, is gearing up for its international expansion with a soft launch in the UAE during the first week of November, partnering with the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX). “The exchanges in UAE have been thin on trade volumes. In partnering with ADX and DFM, our
Coming down hard at futures and options (F&O) traders, Ashwani Bhatia, whole time member of the Securities and Exchange Board of India (SEBI), on Tuesday warned investors against chasing quick returns and turning the high-risk (F&O) trading into a ‘national pastime’. “F&O cannot be a national pastime. We need to do serious investing and investors
An exciting week for markets ahead of Diwali week. Waaree Energies and Deepak Builders & Engineers will be closing their IPOs on October 23. Also, investors will assess the quarterly results from Zomato and Bajaj Finance. Meanwhile, Indian markets ended Tuesday’s trading session on a lower note after rising in the early trading hours. The
The midcap and smallcap stocks came under heavy selling pressure on Tuesday as investors continued to take money out of equities due to concerns over faltering domestic earnings growth, and uncertain global macroeconomic scenario with geopolitical risks and China stimulus measures. Apart from this, concerns that the US Federal Reserve may slow its rate cuts
Nearly two years after issuing a notification, the Securities and Exchange Board of India (SEBI) on Tuesday decided to implement amendments to insider trading norms for asset management companies (AMCs), designated persons, trustees or their immediate relatives from November 1. The regulator has asked AMCs to disclose on a quarterly basis details of the holdings
One97 Communication, the parent firm of Paytm, fell as much as 7.7% to an intra-day low of Rs 669.80. The company reported a net profit of Rs 930 crore in the second quarter of FY25 against a loss of Rs 290 crore posted in the same quarter a year ago. However, the company’s revenue from
The Income Tax Return (ITR) filing season is in full swing. Like every year, taxpayers while filing their ITRs grapple with issues related to forms, rules or eligibility to claim certain deductions and exemptions. Among various other issues, this time one of the major confusions among taxpayers is being seen regarding the rebate available under
IT firm, Tata Consultancy Services (TCS) plans to reduce its workforce by 2 per cent in the financial year FY26, as per media reports. The move is expected to affect around 12,200 jobs, from its total workforce of over 6.13 lakh. Jefferies believes the move could lead to short-term execution issues and a long-term spike
The country’s power regulator, CERC, has literally shaken up the power sector after it issued an order to implement market coupling from January 2026. According to the CERC order, it plans to initiate market coupling in the Day-ahead Market by February 2026. While the IEX share price has seen topsy-turvy moves as a result, it
Veteran investor and author Jim Rogers has reasserted his confidence in silver, adding that he will continue to hold gold and silver and that it would be part of his “estate for his children”, Economic Times reported. Rogers stated that he purchased more silver just last week and would continue to buy it if the price remains
Tata Consultancy Services (TCS) plans to let go around 2% of its global workforce, which translates to over 12,000 employees, by 2026. This is part of a restructuring exercise to make the company more agile and technology aligned. ALSO READTCS to lay off 2% workforce, over 12,000 mid and senior grade employees to be impacted
