Defence sector stocks came under pressure on Thursday as investors booked profits following a sharp three-month rally. The Nifty India Defence Index dropped 2%, lagging the broader Nifty which ended 0.5% lower.Out of the 18 stocks on the defence index, 16 closed in the red. Bharat Dynamics was the biggest loser, falling 4.8% to Rs […]
Gold prices are likely to witness sharp fluctuations in the coming week as investors brace for key global triggers, including the US Federal Reserve’s policy signals, the July 9 deadline on suspended US tariffs, and crucial economic data releases, analysts said.“Traders are expected to stay cautious ahead of any major policy cues or geopolitical developments, […]
Saudi Arabia, Russia, and six other key members of the OPEC+ group have announced rising oil production by 548,000 barrels per day (bpd) in August, more than what analysts had predicted. Experts were expecting the group to stick to an increase of 411,000 bpd, which had been the monthly target for May, June and July. […]
Gold rate outlook: Gold prices are expected to remain subdued next week as investors await crucial US macroeconomic data, which may offer fresh signals on the Federal Reserve’s stance on interest rates, analysts said.Improving risk appetite and easing geopolitical tensions have reduced investor interest in traditional safe-haven assets like gold, pushing them towards riskier assets […]
A large volume of pre-IPO lock-in shares worth $1.86 billion is set to expire in July 2025, potentially triggering shifts in the shareholding patterns of several recently listed companies, including Jyoti CNC Automation, Unimech Aerospace, and Medi Assist Healthcare. According to a Nuvama Institutional Equities report, these lock-in expiries span both promoter and non-promoter holdings […]
The Nifty Realty index has surged 8% over the past month—outpacing the Nifty 50’s 1.4% gain—as real estate stocks continue to show resilience despite global market headwinds.Analysts told ET that despite some profit booking after the June 9 peak of 1,049.50, the realty index remains above key short- and long-term moving averages, signalling sustained upward […]
Iran has repeatedly warned of blocking the Strait of Hormuz, a narrow yet strategically crucial maritime chokepoint for global oil supply, however, the country has not yet shut it down. Analysts say that the vital passage has never been shut down and Iran is using this threat as a diplomatic lever and that the chances […]
Jamie Dimon has consistently voiced concerns about private equity firms attracting fresh finance graduates. Led by CEO Jamie Dimon, JPMorgan has issued a very stern warning to ‘unethical’ junior bankers who start looking at alternate job offers within 18 months of joining. A new letter, leaked on Litquidity’s Instagram platform, warns the new recruits against […]
NEW DELHI: Market sentiment this week will be shaped by global trends, key inflation data, and foreign investor activity. Investors will also keep a close watch on monsoon progress and updates on international trade talks, according to market experts.“Going forward, market participants will focus on key macroeconomic data for further cues. High-frequency indicators such as […]
NEW DELHI: The Reserve Bank of India’s upcoming interest rate decision, along with key macroeconomic data releases and global market cues, will play a pivotal role in determining equity market movements this week, according to market analysts.Marking the opening for June, market sentiment will also be shaped by trading patterns of Foreign Institutional Investors (FIIs) […]
