The yen remains near a forty-year low, causing trader concern over potential Japanese intervention. Renewed Gulf hostilities are casting a shadow over energy prices and global inflation outlooks. The dollar saw slight easing but remained largely unchanged for the week. Other currencies like the British pound and euro showed strength against the yen. The Reserve...Read More

Gold prices held steady early Friday as markets assessed inflation risks. Renewed rate-hike expectations are pushing the non-yielding metal toward a weekly decline. U.S. military infrastructure in Gulf states faced attacks after U.S. strikes on Iran. Markets now price in a higher chance of a September rate hike. Other precious metals also saw slight movements...Read More

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Goldman Sachs has prohibited staff from trading prediction market contracts. These contracts are linked to financial markets and political events. The policy aims to prevent conflicts of interest with the bank. Violations could lead to disciplinary action and forfeiture of gains. Restrictions do not apply to sports and entertainment prediction markets.Read More

As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.Read More

Even with Friday’s decline, both crude benchmarks were set to end the week higher. Brent was on course to gain about 6%, while WTI was poised to rise nearly 5%.Read More

The IC Electricals IPO received an overwhelming response from investors, with the public issue being subscribed 420.09 times by the close of bidding.Read More

Five stocks in the Nifty500 segment that gained over 5% featured in the RSI Trending Up scan on July 9 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.Read More

Brokerages initiated coverage on Syrma SGS and Vedanta Aluminium with buy ratings. HSBC set a price target of Rs 1,750 for Syrma SGS, implying a 21.4% upside. Motilal Oswal Financial set a Rs 540 target for Vedanta Aluminium, indicating a 21.6% potential gain. These targets suggest significant returns over current trading prices. Both companies are...Read More

Asian stocks climbed as investors favored semiconductor shares due to AI demand. Oil prices declined as energy supply disruption fears eased. South Korea’s Kospi index saw a significant rally, while other regional benchmarks edged higher. Futures for the Nasdaq 100 Index indicated a more cautious market sentiment. Company earnings and profit growth will guide market...Read More