Gold experienced a significant 12 percent drop in March, its worst performance since June 2013. This decline was largely driven by momentum factors, including substantial outflows from global gold ETFs and a reversal in COMEX net long positions. Despite this setback, gold has maintained a positive standing for the year.Read More

Wipro share price rallied 3% after the IT firm announced it would consider a share buyback. This potential move comes after a significant stock decline this year. The company is also focusing on artificial intelligence as a key growth driver. Management expects some margin pressure but remains confident in maintaining operating margins. Analyst sentiment is...Read More

An uptrend signal is generated when the RSI value crosses above 50 from below.Read More

Eicher Motors is launching its first electric motorcycle, the Flying Flea C6, under a new brand. Bookings open Friday for the agile, rider-centric bike, priced at Rs 2.79 lakh plus battery service. Deliveries start late May 2026. The C6 boasts a 115 kmph top speed and advanced connectivity, reimagining a classic for modern riders.Read More

Nine NSE F&O stocks, including Godfrey Phillips and Cochin Shipyard, saw over 15% rise in futures open interest, indicating fresh positions, heightened participation, and strengthening directional sentiment among derivatives traders.Read More

Indian stock markets surged on Friday, with Sensex and Nifty climbing approximately 0.7%. This rise, adding over Rs 4 lakh crore to market capitalization, was fueled by optimism surrounding a potential Iran-US ceasefire and other positive developments. Both indices saw significant gains in early trading.Read More

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The US dollar is experiencing its biggest weekly fall since January. Other currencies are strengthening as a Gulf ceasefire appears to be holding. Oil shipping is expected to resume. Markets are watching US-Iran talks in Islamabad for direction. The dollar had been a safe haven during the conflict. Now, as risks fade, investors are selling...Read More

Gold prices dipped slightly on Friday due to a stronger dollar, yet are poised for a third consecutive weekly gain. Renewed optimism for a U.S.-Iran ceasefire has eased inflation fears and expectations of further U.S. interest rate hikes, offering support to the precious metal despite lingering geopolitical risks.Read More

Banks have largely exited Indian rupee arbitrage trades, complying with the Reserve Bank of India’s $100 million net open position limit. These measures, aimed at curbing FX market volatility, were implemented by April 10. Market participants estimate around $40 billion in arbitrage positions have been unwound, with recent price action indicating the completion of these...Read More