Silver prices are staging a strong comeback after a significant fall. Rising tensions between the US and Iran are boosting demand for silver as a safe haven. Global trade uncertainty also plays a role. Analysts point to several key factors that could drive silver prices even higher in the coming days. This metal is showing resilience amid global economic shifts.Read More
Domestic gold prices rallied to Rs 1,60,600 amid global tensions and tariff developments. LKP Securities expects up to Rs 3,400 upside this week, supported by key technical indicators including RSI, MACD, moving averages and Bollinger Bands. Analysts recommend a buy-on-dips strategy with defined support and resistance levels.Read More
IDFC First Bank shares plunged nearly 20% after the lender disclosed a Rs 590 crore fraud at its Chandigarh branch involving accounts linked to Haryana government entities. The sell-off erased about Rs 14,000 crore in market value and triggered Rs 1,452 crore in combined mark-to-market losses for LIC and the Government of India, raising governance concerns.Read More
Foreign Institutional Investors (FIIs) have reduced their stakes in 12 BSE500 stocks over two quarters, with these shares experiencing significant price drops. Cohance Lifesciences saw a 75% fall, while Blue Jet Healthcare and Vedant Fashions also dropped over 50%. This trend highlights potential investor concerns and market performance shifts.Read More
IDFC First Bank was rocked by a forged cheque fraud at its Chandigarh branch, triggering a sharp market selloff that wiped out over Rs 14,400 crore in shareholder wealth within hours. The issue surfaced on February 18 when Haryana government entities sought to close certain accounts and transfer funds, revealing discrepancies that led to the discovery of internal fraud. Within days, the fallout hit the...Read More
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