Gold’s performance has been rock-solid, so far. The price of gold has risen by more than 40% in the past year. From the lows of $1,630 per ounce in October 2022 to the current level of $3,260, gold has delivered 100% in just about 28 months. Now, that’s what is called – par excellence performance.
Indian equity markets closed the session on a higher note for the fourth consecutive session, and this is the second week markets have closed in the green. The Nifty 50 closed the session 88.80 points or 0.35% higher at 25,638, the Sensex jumped 300 points or 0.36% to end above 84,000 for the first time
Motilal Oswal has a ‘Buy’ rating on Coforge, with a target price of Rs 2,200, implying an upside of 18%. The brokerage expects that the company has a strong executable order book and resilient client spending across verticals that bodes well for its organic business. Motilal Oswal on Coforge: Management confident of organic growth Coforge’s
Indian equity markets ended higher in Wednesday’s session on a higher note, near day’s high, as the geopolitical tension between Iran and Israel eased. The Nifty 50 closed the session 200 points or 0.80% higher at 25,244, the Sensex rose 700 points or 0.85% to end at 82,755. In line with the overall bullish market
Indian equity markets ended higher in Tuesday’s session on a higher note, but off highs as the geopolitical tension between Iran and Israel eased. The Nifty 50 closed the session 72 points or 0.29% higher at 25,044, the Sensex ended flat at around 82,000. The 30-pack index settled 852 points lower from the day’s high.
The Indian headline indices ended the session in the red on Monday, dragged down by weakness in heavyweight IT and auto stocks. The Sensex closed at 81,896.79, down by 511.38 points or 0.62%, while the Nifty settled at 24,971.90, slipping 140.50 points or 0.565. The Nifty Bank index ended the day at 56,059.35, down 0.34%.
Get ready for a power-packed week on Dalal Street. The primary market is set to witness a flurry of activity as five mainboard IPOs and eleven SME issues are set to open for subscription this week. From financial giants to steel makers and from real estate developers to jewellery manufacturers, companies across sectors are queuing
The upcoming IPO action in July is getting more hectic by the hour. Apart from NSDL, JSW Cement, another mega financial IPO may well be on its way. According to Economic Times, Tata Capital may look at a July date for its launch. The website quoted sources and stated that this subsidiary of Tata Sons
The central government is continuously working to simplify and streamline the tax system, aiming to reduce disputes. In this direction, Union Finance Minister Nirmala Sitharaman has reportedly given strict instructions to the Central Board of Direct Taxes (CBDT) to identify all departmental tax appeals involving amounts less than the “revised monetary limit announced by the
An increasingly bitter inheritance dispute at the Rs 30,000 crore-valued Sona Comstar Group has brought late industrialist Sunjay Kapur’s family into the spotlight. Kapur’s mother, Rani Kapur, has accused unnamed individuals of attempting to wrest control of the family-run business. In a letter, Rani alleged that she had been locked in a room and forced
Leading private sector banks like HDFC Bank had earlier reported an improved performance in the June 2025 quarter and investors were keenly awaiting the results of Kotak Mahindra Bank. The Kotak Mahindra Bank stock ended Friday’s trade 0.8 % lower at Rs 2,125 and it is not too far from its 52-week high of Rs
Public sector bank Union Bank of India on Friday announced waiving penalty charges for not maintaining the minimum balance amount in general savings accounts. The direction is effective from the quarter ending September 2025. “In alignment with the spirit of financial inclusion and customer-centric banking, Union Bank of India now waives charges for non-maintenance of
Bajaj Finserv on Thursday reported a 30 per cent year-on-year rise in consolidated net profit at Rs 2,789 crore for the first quarter of FY26, compared to Rs 2,138 crore in the same period last year. However, its lending arm Bajaj Finance has reported a decline in asset quality. Bajaj Finserv: Revenue rises 12.5 per
