Demand for gold in India will likely hit its record high of 1,000 tonnes this year, according to the World Gold Council's fresh estimates.
Indian stock market was down by over 500 points on Friday. The market decline has been mainly attributed to the economic troubles India is going through and the falling currency. The current account deficit is at alarming levels and there is a chance that India could face Balance of payment crisis as the incoming foreign funds have dried down. NSE Nifty was down by nearly 3% at 5576. BSE Sensex was down by 502 points at 18866 at 11.50 am IST.
Mustard settled down -1.32% at 3287 tracking weakness in spot demand and other oilseed c
Wheat ended with losses on hopes of higher production due to good monsoon rains.
CPO settled down -0.14% at 508 as traders stayed
Ref.Motilal Oswal Financial Services maintains a BUY recommendation on Maruti Suzuki India (MSIL) with a target price of Rs17,406, implying a potential upside of roughly 29% from the current market pri
News in Focus
Featured, India Business, Analyst View, Finance Sector, India, JIO Financial Services, Motilal Oswal
Motilal Oswal Financial Services has initiated coverage on Jio Financial Services Ltd.
Featured, India Business, Analyst View, Stock Markets, Hotels Sector, India, Prabhudas Lilladher, Samhi Hotels
Prabhudas Lilladher (PL Capital) has reiterated a BUY recommendation on Samhi Hotels with a target price of Rs264, compared with the current market price of around Rs147.
Prabhudas Lilladher (PL Capital) has reiterated a BUY recommendation on Ambuja Cement (ACEM) with a target price of Rs640, compared with the current market price of Rs452, implying meaningful upsid
Most credit cards have an annual fee that you need to pay the bank in order to keep them active. But what happens when this annual fee exceeds the benefits accrued from this card?
The SUV segment is currently experiencing one of the most significant transitions in its history: the gradual shift from internal combustion engine (ICE) platforms to electric architectures.
Main Regional Stories
Featured, Futures & Options, Stock Markets, Banking Sector, AU Small Finance Bank, India, Motilal Oswal
Motilal Oswal has reiterated a BUY recommendation on AU Small Finance Bank (AUBANK) with a target price of Rs 1,250, implying an upside potential of roughly 34% from the current market price of Rs 932.
Featured, India Business, Analyst View, Finance Sector, HDB Financial Services, ICICI Securities, India
ICICI Securities has initiated coverage on HDB Financial Services with a BUY recommendation and a target price of Rs 900, implying an upside potential of approximately 34% from the current market price of Rs 671.
Apple has crossed a significant manufacturing milestone: roughly a quarter of the world’s iPhones are now produced in India.
Featured, India Business, Futures & Options, Stock Markets, Auto Sector, Bajaj Auto, India, Mahindra & Mahindra, Maruti Suzuki
Mahindra & Mahindra, Bajaj Auto, Maruti Suzuki, Eicher Motors were among major losers on Monday as majority of automobile, banking and technology stocks witnessed selling pressure.
