BUSINESS
Top 10 things to know before the market opens today
Trends in SGX Nifty indicate a flat opening for the broader index in India with a gain of 5 points
BUSINESS
Sensex, Nifty up 2.5% each as China cuts key lending rates, FM foresees 8.9% GDP growth for FY23
At noon, all sectoral indices were in the green, with auto, financials, capital goods, FMCG, healthcare, metals and realty indices adding 2-3 percent each
BUSINESS
Gold Prices Today: Experts expect yellow metal to edge higher amid volatility on global macro concerns
Rahul Kalantri, VP Commodities, Mehta Equities expects bullion prices to remain volatile in today’s session. Gold has support at Rs 50,330–50,110, while resistance is at Rs 50,740–50,950. Silver has support at Rs 61,140-60,750, while resistance is at Rs 61,950–62,410, he said.
BUSINESS
LIC Housing Finance edges higher after profit jump as CLSA retains buy and expects 44% upside
The financier on May 18 reported a nearly threefold year on year jump in profit after tax (PAT) to Rs 1,118.64 crore on lower provisions and improvement in collection efficiencies.
BUSINESS
Gold Prices Today: Hawkish Fed, global economic concerns to keep yellow metal volatile
Manoj Kumar Jain of Prithvifinmart Commodity Research expects both the precious metals to remain volatile in today’s session and could find support at lower levels. Gold has support at Rs 50000-49820 and resistance at Rs 50400-50580 while silver has support at Rs 60100-59600 and resistance at Rs 61220-61800, he said.
BUSINESS
Top 10 things to know before the market opens today
Trends in SGX Nifty indicate a gap-down opening for the broader index in India with a loss of 317 points
BUSINESS
Top 10 things to know before the market opens today
Trends on SGX Nifty indicate a negative opening for the broader index in India with a loss of 61 points.
BUSINESS
Paradeep Phosphates IPO Day 1: Total subscription at 29%, retail portion booked 57%
The company aims to mop up Rs 1,501 crore by a combination of fresh issue of equity shares aggregating upto Rs 1,004 crore and an offer for sale (OFS) of 118,507,493 equity shares of Rs 10 each aggregating up to Rs 497.73 crore.
BUSINESS
Gold Prices Today: Range-bound movement likely amid China data, high inflation; resistance at Rs 50,300
Gold is holding support above Rs 49500, indicating that the uptrend could continue in today's session. It has resistance at Rs 50300 while silver has support at Rs 58000 and resistance at Rs 61500, said Nirpendra Yadav of Swastika Investmart.
BUSINESS
Top 10 things to know before the market opens today
Trends in SGX Nifty indicate a positive opening for the broader index in India with a gain of 42 points
BUSINESS
Eicher Motors jumps 5% after Q4 profit beats estimates; UBS expects 21% further upside
Eicher Motors on May 13 declared a consolidated profit after tax of Rs 610 crore for the quarter ended March 2022, up 16 percent from Rs 526 crore in the year-ago period. On a sequential basis, the growth in profit was 34 percent from Rs 456 crore in the previous quarter.
BUSINESS
Gold Prices Today: Upside for yellow metal to remain capped amid strong dollar; high inflation to lend support
Gold may witness some more correction to trade near the levels of Rs 49500 in coming weeks. Higher inflation and geopolitical volatility are supporting gold prices, but various physical tightening measures by central banks to curb inflation and stronger dollar are pushing gold to lower levels, said Ravi Singh - Vice President and Head of Research at ShareIndia.
BUSINESS
Top 10 things to know before the market opens today
Trends in SGX Nifty indicate a positive opening for the broader index in India with a gain of 40 points
BUSINESS
D-Street Buzz: Nifty auto shines; Tata Motors, Ashok Leyland, M&M jump 4-10%
Tata Motors was the top gainer, surging over 10 percent followed by Ashok Leyland, Mahindra & Mahindra and TVS Motor Company.
BUSINESS
Venus Pipes and Tubes IPO subscribed 16.31 times on final day, QIB portion booked 12.02 times
Qualified institutional buyers have, so far, subscribed only 36 percent of their quota of 10.14 lakh shares
BUSINESS
Gold Prices Today: Yellow metal to slide further, experts suggest to sell on rise
Tapan Patel, Senior Analyst (Commodities), HDFC Securities expects gold prices to trade sideways to down for the day with COMEX Spot gold support at $1800 and resistance at $1840 per ounce. MCX Gold June support lies at Rs 49800 per 10 gram and resistance at Rs 50600 per 10 gram.
BUSINESS
Delhivery IPO Final Day | Total Subscription at 1.63 times, retail portion booked 57%, employee quota 27%
Delhivery is planning to mobilise Rs 5,235 crore through its public issue that comprises a fresh issue of Rs 4,000 crore and an offer for sale of Rs 1,235 crore by shareholders.
BUSINESS
Top 10 things to know before the market opens today
Trends on SGX Nifty indicate a positive opening for the broader index in India with a gain of 170 points.
BUSINESS
Market corrects 7% since RBI hikes rate. Here are factors eroding investors' wealth
Inflation continues to be a major headwind for markets. Consumer inflation in the US in April coming at 8.3 percent reinforces market's concern about aggressive rate hikes by the Fed and the possibility of a US recession in 2023
BUSINESS
Gold Prices Today: Strong US dollar, further interest rate hikes to cap yellow metal's gains
Higher inflation makes safe havens more appealing, driving up demand for precious metals. However, rising interest rates will limit gold's gains, and selling pressure is predicted in today's session at higher levels, said Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart.
BUSINESS
Top 10 things to know before the market opens today
Trends on SGX Nifty indicate a gap-down opening for the broader index in India with a loss of 149 points
BUSINESS
As Asian Paints trades lower after missing estimates, here's what brokerages have to say
Asian Paints on May 10 reported half a percent year-on-year growth in consolidated profit at Rs 874 crore for the quarter ended March 2022, as higher input costs pressured operating profit margin
BUSINESS
Gold Prices Today: Analysts expect yellow metal to remain under pressure, support around Rs 50,330-50,110
As investors await US inflation data, day trend in gold and silver may remain range-bound to the downside, said Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart.
BUSINESS
Top 10 things to know before the market opens today
Trends in SGX Nifty indicate a negative opening for the broader index in India with a loss of 38 points
