The Indian rupee has fallen to 91 against the US dollar. This significant move impacts Indian markets, wealthy individuals, and foreign investors. Export sectors may benefit while import-dependent ones face challenges. The Reserve Bank of India faces constraints in monetary policy. Investors are advised to manage currency risk and diversify portfolios.Read More
Gold and silver prices extended record-breaking gains on Tuesday, with MCX gold February futures hitting Rs 1,38,300/10 grams and silver March futures at Rs 2,16,596/kg. Safe-haven demand, global geopolitical tensions, and expectations of dovish US monetary policy continue to support the metals, pushing them toward new all-time highs.Read More
Indian IT stocks, after a four-year slump, face an AI reckoning. While past growth was fueled by pandemic spending, a cautious global market and AI’s initial efficiency gains have pressured revenues. Experts anticipate a gradual AI-driven recovery, with 2026 expected to bring stability and renewed confidence as companies integrate AI into core business processes.Read More
On December 22, six Nifty500 stocks gained over 5% and appeared on the bullish “White Marubozu” scanner, indicating strong intraday buying pressure. This candlestick pattern, with no upper shadow and a long white body, signals buyers controlled the session from open to close, offering traders potential insight into further upward price movement.Read More
Ambuja Cements’ board approved merger schemes to combine ACC and Orient Cement into Ambuja through share swaps, with no cash payout. ACC shareholders will get 328 Ambuja shares for every 100 ACC shares, while Orient shareholders receive 33 Ambuja shares per 100 Orient shares. The swap values ACC near its current market price and offers Orient a roughly 9% premium.Read More
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