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Gold ended the week with a nearly 0.35% gain at $1,989.65, failing to close above $2,000 throughout the week. Concerns about rising inflation continued after 1Q A core PCE QoQ and 1QA GDP price Index came in higher than expected. The pending collapse of First Republic Bank means that it is set to become the third US bank to fail since March

Shoonya, the zero broking platform, has compensated customers with Rs 3 crore ($402,000) following a technical glitch which occurred on April 13th. The error, which affected traders between 9.15am and 9.30am, left hundreds out of pocket. The glitch impacted a specific set of customers, with only first trades in that window being affected by incorrect trade values. In all, 77.5% of disputes were eligible for compensation and 77% of those eligible have been resolved, Shoonya co-founders Sarvjeet Virk and Tajinder Virk said.

Algo trading is the automated use of computer algorithms to execute trades based on predetermined criteria such as price, volume or market indicators. Algo strategies use computer-defined rules and mathematical logic to analyze data and identify trading opportunities. Prebuilt trading strategies can save time and effort, avoid emotional biases and potentially improve performance

The Indian market is no longer holding its breath for news on the inclusion of Indian bonds in global bond indices. The market has reconciled to the view that the government and regulators are not eager to change rules just to facilitate the inclusion of Indian bonds into global indices. Foreign capital has been coming into the country regardless. However, there is demand from investors to participate in the Indian bond market, as the Indian economy is resilient and currency stable, making returns attractive.

Nine out of the top 10 Indian companies experienced a rise of INR1,84,225.43 crore ($25bn) in market valuation during the previous week, with State Bank of India and Reliance Industries enjoying the largest gains. Only Hindustan Unilever Limited experienced a decline from the top 10, dropping INR10,244.22 crore in value to INR5,76,683.68 crore. The bullish stock market trend saw the BSE index jump 1,457.38 points or 2.44% for the week

A deal for First Republic, which had total assets of $233 billion at the end of the first quarter, would come less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from U.S. lenders, forcing the Federal Reserve to step in with emergency measures to stabilize markets.

National Pension System (NPS) helps you to save tax in several ways. There are only ten NPS fund managers at present and the table below compares their performance. The data has been provided exclusively to ET.

Money managers are reluctant to invest in US stocks, with $2.7bn pulled from equity funds in the week to 26 April, following a rate hike by the Federal Reserve. Strategists and analysts have cited fears of a global recession and that higher interest rates will fuel turmoil in the banking sector. Others have taken note of the benign unemployment picture, noting that monetary policy has never eased borrowing costs when the jobless rate has been so low.

Carnelian Capital Compounder Fund aims to invest in a concentrated portfolio of 25 long-only stocks within its QARP framework, focusing on capturing the trillion-dollar Indian market opportunity. In response to macro headwinds and geopolitical issues, all flagship schemes have reportedly delivered decent outperformance versus its benchmarks. The portfolio is reportedly evaluated within two broad baskets--Magic (50%-60%) and Compounder (30%-40%)--to identify companies with visible change and a blend of sustainable earnings growth.

Futures trading involves contracts between two parties to buy or sell a specific commodity or financial instrument at a predetermined price and date in the future, Jay explained to Tara and Dev. The purpose of futures trading is to manage risk through hedging. Futures exchanges, such as the Chicago Mercantile Exchange, appeared in the 19th century. Today, investors use futures trading as a complex financial tool to manage risk. Speculators play a role market and take risks to predict price fluctuations.