Gold futures on the Multi Commodity Exchange (MCX) surged by ₹3,698, or 2.7%, over the past week, reaching a record high of ₹1,43,590 per 10 grams on Wednesday. The rally comes amid growing expectations of US Federal Reserve policy easing and rising safe-haven demand.Silver also witnessed a sharp rally, jumping…
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Gold, Silver Rates Today: Dollar Strength Hits Prices
Gold and silver prices fell in both domestic and international markets on Friday after the US dollar hit a six-week high, following unexpectedly strong US weekly jobless claims. Spot gold dropped 0.29% to $4,602.43 per ounce, while spot silver declined 0.8% to $91.6861 per ounce. Meanwhile, MCX gold touched ₹1,43,483…
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Stock Market Outlook: Sensex, Nifty 50 on Dec 26
New Delhi, December 26: Indian stock markets opened cautiously on Friday after the Christmas holiday, with benchmark indices Sensex and Nifty 50 trading in a narrow range. Analysts highlighted key resistance and support levels as traders adopted a level-driven approach amid subdued volumes. Market Recap On December 24, the Sensex…
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Indian Markets Rally After Fed Rate Cut Despite Rupee Weakness
Mumbai Indian equity benchmarks snapped a three-session losing streak on Thursday as the US Federal Reserve’s 25-basis-point interest rate cut bolstered global liquidity and market sentiment. The S&P BSE Sensex climbed 0.51% to 84,818.13 points, while the NSE Nifty 50 rose 0.55% to 25,898.55, led by broad gains across sectors….
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Muhurat Trading 2025: Global Cues Lift Indian Markets
The Indian stock market is poised for a bright start to the Hindu new financial year — Samvat 2082 — as the special 1-hour Muhurat Trading 2025 session opens today (Tuesday, 21 October 2025) from 1:45 pm to 2:45 pm . Global markets are lending buoyancy to the festivities: Asian stocks…
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IDFC First Bank Q2 FY26 Profit Jumps 75.5% to ₹352 Crore
IDFC First Bank has reported a remarkable 75.5% year-on-year growth in net profit for Q2 FY26, reaching ₹352.3 crore, up from ₹200.7 crore in the same quarter last year. The bank’s strong performance reflects steady growth across its revenue and lending operations. Revenue and Net Interest Income Growth The lender’s…
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Gold Prices Rebound Above $3,980 Amid Safe-Haven Demand
Gold prices recovered on Friday, bouncing back from earlier losses as investors sought the precious metal for its safe-haven appeal. Spot gold rose 0.3% to $3,987.65 per ounce, while December futures climbed 0.7% to $4,003.30/oz by 07:59 ET (11:59 GMT). The yellow metal remains on track for its eighth consecutive…