July 18, 2024 New Delhi, India Gold prices Gold prices are edging higher, approaching near-record highs, as increasing optimism surrounds the possibility of the Federal Reserve cutting interest rates in September. The price of gold (XAU/USD) is hovering around $2,470 per troy ounce, driven by expectations of a rate cut which enhances the appeal of…
July 18, 2024 New Delhi, India Zerodha Zerodha, India’s leading brokerage firm, has announced a major update that allows users to trade commodities using their existing equity accounts. This move eliminates the need for separate commodity accounts, simplifying the trading experience for Zerodha clients. Seamless Trading Experience: Previously, Zerodha clients had to maintain separate accounts…
July 17, 2024 New Delhi, India WTI Oil Prices Analysis West Texas Intermediate (WTI) crude oil prices edged closer to $80 per barrel, bolstered by a significant decline in US oil stockpiles. The American Petroleum Institute (API) reported a substantial drop of 4.4 million barrels for the previous week, contrasting sharply with expectations. This news…
July 17, 2024 New Delhi, India Gold prices Gold price (XAU/USD) pulled back from its fresh all-time high of $2,482-$2,483 during the Asian session on Wednesday, now trading near the lower end of its daily range. The risk-on environment and an overbought Relative Strength Index (RSI) prompted some profit-taking. However, expectations of a dovish Federal…
July 16, 2024 New Delhi, India Stock Market Today Indian benchmark indices, Sensex and Nifty, ended higher for the third consecutive session on July 16, 2024. The gains were led by the realty and FMCG sectors, despite a mixed performance across the broader market. Key Highlights: Sensex Performance: Closed up 51.69 points or 0.06% at…
July 16, 2024 New Delhi, India Oil Prices Oil prices have slipped due to worries about a slowing Chinese economy, which is expected to dampen demand. However, the potential for the U.S. Federal Reserve to cut interest rates as early as September has limited further declines. Key Highlights: Oil Price Movements: Brent Crude: Fell 21…
July 16, 2024 New Delhi, India Sati Poly Plast IPO The Sati Poly Plast IPO has received an overwhelming response from investors, with subscriptions reaching 194.03 times by the final day of bidding. Here’s a comprehensive guide to the subscription details, Grey Market Premium (GMP), allotment date, listing date, and more. Key Highlights: IPO Subscription:…
July 16, 2024 New Delhi, India Sahaj Solar IPO Allotment Today The allotment for Sahaj Solar IPO is set for July 16, 2024, after an impressive subscription rate of 471.45 times. Here’s everything you need to know about checking your allotment status, subscription details, Grey Market Premium (GMP), listing date, and more. Key Highlights: IPO…
July 16, 2024 New Delhi, India Paytm Shares Shares of One 97 Communications Ltd, the parent company of Paytm, fell nearly 2% on Tuesday after the Securities and Exchange Board of India (SEBI) issued a warning letter regarding non-compliance in related party transactions with Paytm Payments Bank (PPBL) for FY22. The stock traded 1.47% lower…
July 16, 2024 New Delhi, India Vedanta Shares Shares of mining major Vedanta Ltd. gained 2.21% on Monday, closing at ₹459.40. The company’s market capitalization rose to ₹1.70 lakh crore following the announcement of a Qualified Institutional Placement (QIP) to raise funds. Key Highlights: QIP Announcement: Vedanta’s committee of directors has approved the launch of…
