Gold and silver futures opened strongly on Monday. Gold February futures rose Rs 879, while silver March futures hit a new peak, gaining Rs 3,639. A weaker dollar, anticipated U.S. Federal Reserve rate cuts, and a depreciating rupee fueled this rally. International gold prices saw a slight dip from recent highs, while silver reached a record high.Read More
Meesho’s Rs 5,421-crore IPO is drawing strong interest, with GMP indicating a possible 40% listing premium. Backed by improving fundamentals, rising user growth, and a defensible value-ecommerce position, analysts see medium-term potential despite near-term profitability risks. The IPO opens on December 3.Read More
The Indian Rupee began December on a quiet note. Strong GDP figures did not boost the currency. Importer demand for dollars and outflows from foreign investors pressured the Rupee. The Reserve Bank of India is expected to hold interest rates steady. State-run banks intervened as the Rupee neared an all-time low. Asian currencies showed mixed movements.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
