A total of 10 companies will see shares worth over ₹30,000 crore free up for trade this week as their shareholder lock-in periods expire. These include Lenskart Solutions, Orkla India, Akums Drugs, Studds Accessories, Aditya Infotech, NSDL, Sri Lotus Developers,…
Gold and silver prices plunged in India after Kevin Warsh was nominated as US Federal Reserve Chair and CME raised margins, with MCX gold down 3.22% and silver down 6.46%.
The sell-off was driven by a combination of factors, including uncertainty surrounding Kevin Warsh’s nomination as the next US Federal Reserve Chair and heightened volatility in metals markets.
Metal stocks are leading the sell-off for the second day in a row after a sharp fall in the global markets on Friday. The top five losers on the Nifty Metal Index, have lost close to ₹2 lakh crore in…
The pressure on metal stocks mirrors continued weakness in global commodity markets. Copper fell further on Monday, adding to the steep correction seen at the end of last week, as traders brace for heightened volatility following a turbulent start to…
From a medium-term perspective, announcements around new rail infra (high-speed corridors and a dedicated freight corridor), steps to promote the data center ecosystem and steps to scale up manufacturing in multiple end markets (such as electronics) should also provide the…
While the limitation on MAT credits could weigh on earnings in the mid-term, CLSA believes the longer-term gains from the expansion of GCCs and data centres are likely to more than offset this impact, making the overall policy direction positive…
The Indian rupee opened stronger at 91.76 against the US dollar as RBI sold dollars offshore. Nirmala Sitharaman announced record borrowing of ₹17.2 lakh crore in the Union Budget 2026-27.
Shares of Hindustan Copper slid 18% during the session, wiping out nearly ₹18,000 crore in market capitalisation over the past two trading days.
Gold and silver plunged after record highs, driven by a strong US dollar and profit-booking. Analysts urge caution on silver, favor staggered buying, and highlight equities as safer alternatives.