Gold headed for the biggest weekly loss in six years, as war in the Middle East boosted energy prices and reduced expectations for interest-rate cuts.Read More
On Friday, the benchmark Sensex surged 325 points, closing at 74,532. During this broader market rally, seven BSE 1000 stocks reached 52-week highs, marking their highest levels in the past year.Read More
The Indian rupee has hit a record low against the US dollar. This decline is driven by worries over global energy supply disruptions caused by the Iran war. Higher crude oil prices are impacting India’s economy. Foreign investors are pulling money out of Indian stocks. The rupee faces further pressure as the conflict continues.Read More
Cryptocurrencies, led by Bitcoin, have shown remarkable resilience amid geopolitical turmoil, outperforming traditional assets like equities and gold. This surge, nearing 14% since late February, is attributed to institutional buying and traders unwinding bearish options bets, pushing Bitcoin past $75,000. However, some analysts caution that this momentum may be temporary.Read More
Eternal shares surged 3% after Zomato increased its platform fee by Rs 2.40 per order, bringing it in line with rival Swiggy. This move follows a significant correction in Eternal’s stock, which has underperformed broader indices over the past six months.Read More
Firstcry operator Brainbees Solutions shares surged 20% amid heavy volumes, recovering after recent declines. Despite the rally, the stock remains 47% below its IPO price. The company’s expansion into quick delivery and recent financial performance continue to shape investor sentiment amid ongoing volatility in the stock.Read More
Indian equity markets are poised for a short-term bounce from the 23,000 Nifty 50 level. Technical analysts anticipate a recovery towards 23,500-23,600. However, the broader trend signals caution, with a medium-term target of 22,750. Investors should focus on specific sectors like Power, Pharma, and IT for potential opportunities. The upcoming truncated week may see increased...Read More
Vodafone Idea shares rose after TRAI data showed a slowdown in subscriber losses. The telecom firm lost 4.11 lakh users in January—significantly lower than December’s 9.41 lakh decline—bringing its total base to 19.84 crore.Read More
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