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Gold price outlook: Gold Futures on India’s Multi Commodity Exchange (MCX) closed 0.59 per cent or ₹568 lower on Friday, 30 May 2025, amid tepid demand for safe-haven assets and a rising US dollar backed by US economic data. MCX Gold’s June contract closed 0.59 per cent lower at ₹95,891 per 10 grams after Friday’s…
India’s benchmark Nifty 50 index surged past the key 25,000 mark on Thursday, notching its highest close in seven months amid signs of easing geopolitical tensions. The rally coincided with the weekly derivatives expiry, pushing volume turnover on the National Stock Exchange to ₹1.28 trillion—the highest since 27 March’s ₹1.5 trillion mark. Besides, potential short…
IOCL Q4 Preview: Indian Oil Corporation Ltd (IOCL), the state-owned energy major, is set to announce its fourth-quarter earnings for FY25 on Wednesday, April 30. Analysts are anticipating a subdued performance, largely due to weaker marketing margins, under recoveries in LPG, and pressure on refining spreads. Domestic brokerage Nuvama Institutional Equities expects IOCL’s EBITDA to…
It may not last. Trump took steps to calm markets last week by easing his criticisms of Federal Reserve Chair Jerome Powell and suggesting the administration may soon lower its staggeringly high China tariffs. But negotiations are dragging out as the economic hit nears. And there is little reason to believe that the voices of…
Expert view on markets: Ashok Jain, the chairman of Arihant Capital Markets, says smart investors can take advantage of the current volatility as it offers an opportunity to find good companies at reasonable valuations. In an interview with Mint, Jain shared his views on the global economic slowdown and its impact on the Indian stock…
(Bloomberg) — The Indonesian rupiah will extend this year’s 4% decline due to fragile investor confidence, spurring further intervention by the central bank to stem volatility, according to analysts. MUFG Bank Ltd. expects the currency will weaken to 17,100 per dollar in coming months, while Barclays Bank Plc says its likely to test 17,200 by…
New-age tech stocks: Shares of One 97 Communications, the parent company of Paytm, have been maintaining a steady upward trend recently, resulting in handsome returns for shareholders. Over the last four weeks, the shares have surged from ₹651 to ₹840 apiece, delivering a 29% return. Notably, the stock has closed in the green for four…
Dollar weakness, spiking Treasury yields rattle investors Earnings in coming week include Goldman, J&J, Netflix Retail sales on deck, tariff news remains in focus NEW YORK, – Wild swings in global markets are poised to keep U.S. stock investors on edge in the coming week, as a weakening dollar and a selloff in Treasuries compound…
Mumbai: Net equity inflows into mutual funds dropped to an 11-month low in March, reflecting heightened market volatility and an ongoing correction. Total net inflows into equity-oriented mutual funds stood at just over ₹25,000 crore during the month—the lowest since ₹18,917 crore seen in April 2024. Also Read | Mutual funds engineer new category in…