Gold miners have significantly outperformed chip stocks this year, soaring 135% compared to 40%, driven by gold’s 45% rally. This surge is fueled by central bank buying and rate cut expectations, with major miners like Fresnillo quadrupling. Despite strong performance, gold miners’ valuations remain attractive at 13 times forward earnings.Read More
The S&P 500 and Dow achieved record closing highs Friday, navigating a volatile session amid an ongoing government shutdown. Interest rate-cut expectations strengthened, driven by weak economic data, including contracting services employment. Traders now anticipate a Fed rate cut in October as almost certain, with another probable in December, despite concerns about a prolonged shutdown’s...Read More
Capital markets regulator Sebi on Friday said Synoptics Technologies and its promoters will remain barred from the securities market till the outcome of a probe in a case of alleged siphoning off IPO proceeds.Read More
Goldman Sachs sold over 1 crore shares of Eternal Limited for Rs 355.32 crore to BOFA Securities. Eternal, formerly Zomato, has surpassed Tata Motors and Titan in market capitalization, driven by strong performance in food delivery and quick commerce. Despite a 90% drop in Q1FY26 net profit due to investments, revenue surged, and HSBC reiterated...Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
