Silver prices are poised for further gains, nearing a historical high. Analysts suggest a 10-15% allocation to precious metals, with silver outperforming gold. Demand from industries and investors is tightening supply. Investors are advised to buy on dips, with potential price targets of $75-80 per ounce. Retail investors should manage exposure due to volatility.Read More
IndiGo’s stock is facing pressure from widespread flight cancellations. These disruptions are expected to affect revenue and profits in the coming quarter. Analysts suggest further stock drops are possible if the cancellations persist. Investors are advised to wait for clarity on the situation. The company’s ability to restore operations will be key to its stock’s...Read More
To be sure, GIFT City already extends several benefits to reinsurers seeking to make this an operational hub. It offers no additional capital injection requirement, a 10-year tax holiday, and significantly lighter staffing and regulatory obligations than onshore India, where full-fledged operations demand a CEO, CFO, chief compliance officer and strict key managerial personnel norms.Read More
The Indian Rupee recovered from an all-time low of 90.42 against the US Dollar. State-run banks and corporate inflows helped the currency close at 89.97. The Reserve Bank of India likely intervened to prevent further depreciation. Traders anticipate a wide trading range on Friday, with the monetary policy committee set to announce its rate decision.Read More
Indian markets ended slightly higher as IT stocks gained ahead of the RBI policy decision. Mixed global cues, a weak rupee and FII outflows capped gains, while analysts warned of resistance near 26,150 and possible volatility on Friday.Read More
Benchmark indices fell for a third straight session, pressured by banks and financials ahead of the RBI policy. Technical indicators show weakening momentum, with Nifty slipping below the 21EMA. Analysts expect a bearish-to-sideways trend, while Anupam Rasayan and Infosys emerged as top buy ideas.Read More
Wall Street’s main indexes opened slightly higher on Thursday as investors parsed a fresh batch of labor market data to gauge the odds of a much-anticipated Federal Reserve interest rate cut when it meets next week.Read More
ICICI Prudential AMC, India’s largest active asset manager, will launch its ₹10,700 crore IPO next week, fully via OFS. Valued around ₹1.07 lakh crore, the issue includes Prudential selling a 10% stake. With strong market share and profit growth, the AMC recently secured Sebi approval.Read More
Foreign investors have pulled out Rs 13,121 crore (USD 1.46 billion) from Indian equities in the first four days of December, taking the total outflow for 2025 to Rs 1.56 lakh crore (USD 17.8 billion), data from NSDL showed on Thursday.Read More
BAT announced that its wholly-owned subsidiaries, Tobacco Manufacturers (India) Limited, Myddleton Investment Company Limited and Rothmans International Enterprises Limited, intend to sell the issued ordinary share capital in ITC Hotels via block deals.Read More
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