NEW DELHI: Overseas investors remained net buyers to the tune of Rs 17,818 crore in Indian markets in first four trading sessions of December amidst better than expected economic recovery around the world and positive sentiment on the back of various vaccine results. As per depositories data, foreign portfolio investors (FPI) pumped in a net … Read more
Profit booking and global cues may keep the domestic equity market under pressure despite Sensex registering over a 1,000-points fall on Thursday, breaking its 10-day gaining streak. Fundamental and technical analysts both see scope for further correction in the market going ahead. Gaurav Dua, SVP, Head Capital Market Strategy and Investments, Sharekhan by BNP Paribas … Read more
NEW DELHI: Gold and silver prices witnessed dramatic swings this week, thanks to huge demand followed by a bout of profit booking, and this has kept bullion traders on their toes. Analysts are at a loss trying to predict where these precious metals are headed. Gold futures hit a record high at the start of … Read more
NEW DELHI: Gold has lived up to its reputation as an asset class of distressed times, by staging a major rally that saw it get past the psychologically important Rs 50,000-mark on Wednesday in the derivatives market. Its peer silver was late to join the rally, but still has seen a stupendous rally, rising about … Read more