Precious metals have dramatically outperformed Indian stock market this year, with silver up 59% and gold 47% against Nifty50’s 4%. While some experts see equities poised for a comeback due to lower valuations and earnings recovery, others remain bullish on precious metals, though caution is advised at current highs. The market faces a potential reversal of fortunes.Read More
Jinkushal Industries’ Rs 116.15-crore IPO entered its final bidding day, having been subscribed 5.11 times by Day 2, largely due to robust retail and NII interest. Its grey market premium of Rs 17 suggests a potential 14.6% listing gain, despite a slight dip.Read More
Azad Engineering shares: The company signed a $73.47 million (₹651 crore) five-year contract with Japan’s Mitsubishi Heavy Industries to supply turbine engine components. This builds on an earlier deal, taking total business value with MHI to $156.36 million (₹1,387 crore).Read More
Benchmark indices Nifty and Sensex opened in the green on Monday, September 29, snapping a six-day losing streak. Gains in IT, oil & gas, and metal stocks propelled the market, though a sharp drop in FMCG counters limited the overall upside. The Sensex rose 162 points, while the Nifty gained 75 points.Read More
Indian gold and silver futures soared to unprecedented record highs early Monday, driven by significant gains in international prices and a weakening rupee. Domestic gold futures climbed 0.74% to Rs 114,627 per 10 grams, while silver futures surged over 1.3% to Rs 143,968 per kg, reflecting strong market momentum.Read More
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