“We anticipate the early phase of Samvat 2081 to be marked by volatility due to moderation in corporate earnings and contraction of India’s premium valuation,” says Satish Menon, Executive Director, Geojit Financial Services.In an interview with ETMarkets, Menon said: “The current market dynamics are favourable for gold, driven by a number of factors including rising … Read more
After investing over Rs 36,200 crore last month, foreign investors continued their positive momentum and have injected a net Rs 10,555 crore in Indian equities so far in December amid stabilisation in oil prices and moderating US inflation. Going forward, FPI flows are expected to be volatile amid equity markets worldwide witnessing increase in volatility … Read more
The current trend in the sector is likely to continue with restrictions in China and improved global demand, said analysts. Synopsis The recent correction in metal stocks offers a good buying opportunity as the sector continues to shine in the near term with higher consumption forecast, balance sheet repair, and new demand from electric vehicle … Read more
NEW DELHI: Domestic rubber prices moved in a tight range with a negative bias amid thin trade on Monday. On , rubber futures for June 30 delivery quoted at Rs 17,200 per 100 kg, down by Rs 7 or 0.04 per cent, having fluctuated around the flatline between Rs 16,960 and Rs 17,325 earlier in … Read more