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Gold rose on Thursday as U.S. and European stock markets retreated, though it pared gains after data showing a tightening jobs market and accelerating inflation briefly lifted the dollar and pulled U.S. bond yields from earlier lows. Outlook We expect gold...
Oil prices rose for a second day on Thursday, closing more than 1 percent higher as support grew for OPEC output cuts a day after the U.S. government reported a big draw in crude inventories, boosting confidence that a...
Equity mutual funds witnessed an inflow of Rs 9,429 crore in April, the highest in four months, due to participation from retail investors and steps taken by fund houses to create awareness about MFs.This also marks the 13th straight...
Asian indexes were cautiously higher in early Thursday trade, following a mixed close stateside as investors noted Snap's USD 2.2 billion loss, and monitored potential fallout on President Donald Trump's policies after FBI Director James Comey was fired.Comey was...
Gold was steady early on Thursday, holding just above eight-week lows hit earlier this week, as the U.S. dollar and stocks firmed a was unchanged at $1,218.81 per ounce by 0102 GMT. It hit an eight-week low of $1,213.81...
Asian stocks rose early on Thursday, getting a lift from a record high close on MSCI's global stocks benchmark after strong gains in oil prices buoyed energy stocks globally.Oil prices held on to 3 percent-plus overnight gains, their biggest...
Mohan Shenoi of Kotak Mahindra Bank said, "Post a positive French election result, 'risk-on' is seen in global equity markets with rangebound currency markets. Indian equity market touched a new high and this could contribute to rupee strength. USD-INR...
F&O Outlook:Nifty PCR-OI has increased to 1.17 from 1.03. The rise in the ratio may be due to increase in PE of 9300 and decrease in CE of 9400. PE of 9300 and CE of 9400 are the highest number...
Nearly six months after the government announced its demonetisation drive, the southern states of Telangana, Kerala and Andhra Pradesh lead the country in digital transactions.Data from the IT ministry shows Telangana clocking 5900 e-transactions per 1000 people, with Kerala...
Market is expected to remain in a range with bullish sentimentsIndian Market Outlook: On May 2, Indian Benchmark Index Nifty opened gap up by 36 points from previous day close of 9304, made a high of 9353 and closed at...
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