Wall Street’s main indexes opened higher on Monday following Friday’s pullback, as investors returned to risk assets after President Donald Trump’s softer tone eased concerns over renewed U.S.-China trade tensions.Read More
Bank of America has boosted its price targets for gold and silver. Gold is now projected to reach $5,000 per ounce by 2026. Silver’s target is set at $65 per ounce. These forecasts are supported by fiscal deficits and a push for lower interest rates. Silver has already seen significant gains this year, crossing the $50 mark.Read More
HDFC AMC shares rose 2.5% to Rs 5,658 after the company announced its board will meet on October 15 to consider issuing bonus shares for the first time since its 2018 listing. The meeting will also review Q2 results.Read More
Rupee has remained unusually stable, leading traders to suspect the Reserve Bank of India is intervening to prevent further depreciation. The central bank has reportedly built significant short dollar positions to defend the currency, signaling a shift from its recent more flexible approach. This move aims to curb volatility and support domestic monetary policy.Read More
Kolkata’s housing market is showing strong stability, with an 8% year-on-year price increase driven by genuine buyer demand and a focus on quality. The office sector also saw significant growth, with rental values soaring 14% due to tight supply and consistent demand from IT and flex space providers.Read More
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