The loan agreement, signed on Monday, was priced 125 basis points above the three-month Secured Overnight Financing Rate (SOFR), said the person.Read More
Equity markets may witness a ‘Santa Rally’ as analysts point to strong technical cues and historical data. The Nifty has historically gained in 77% of year-end periods, with analysts expecting further upside towards 26,500. Stable global cues and low volatility support a continued upward trend.Read More
Railway-linked stocks have seen a year-end comeback, with companies in ticketing, rolling stock, and infrastructure posting significant gains. Jupiter Wagons led the rally, attributed to budget expectations and a preferential issue conversion. Analysts suggest booking profits on further rallies while focusing on wagon businesses with stronger demand.Read More
Gold prices hit a record high of ₹1.36 lakh per 10 grams on Tuesday. This surge is influenced by rising international prices and expectations of further gains. Experts predict gold could reach ₹1.38 lakh to ₹1.4 lakh by January 2026. Consumers are holding onto existing gold, anticipating even higher prices.Read More
Indian stock markets closed expiry day with small gains. Analysts anticipate lower trading volumes this week due to holidays. Markets are expected to hold steady at current levels. Global markets are showing positive signs. The VIX, a fear gauge, has fallen. Foreign investors were net sellers, while domestic investors were net buyers. The Rupee strengthened slightly against the dollar.Read More
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