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The event would also allow participants to see how some of the top traders trade on expiry day and network with other fellow traders.

Gold jumps Rs 380; silver declines Rs 90

Updated at : 2023-03-16 17:30:03

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In the overseas market, gold was trading higher at USD 1,922 per ounce while silver was flat at USD 21.61 per ounce.

Gilt funds and gilt funds with a 10-year constant duration received net inflows of Rs 451 crore and Rs 137 crore in February according to data published by AMFI (Association of Mutual Funds in India).

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The Nifty Pharma index closed 0.94 per cent up at 11743.2.

The demand was so strong that obviously the minimum sale that DLF will report now will be the Rs 6,500 crore that they reported in December, plus at least the Rs 8,000 crore of Arbour, plus whatever else has been sold in other products. The earlier guidance is obviously history with the 3-day sales figure

In the developed world, market panic is a function of reset in interest rates. Not so long ago, interest rates were near zero, with more than $17 trillion of debt securities having zero or negative coupon. Their markets are getting adjusted to the fact that interest rates can remain higher and for a longer period of time. In the European context, some of the uncertainty could be linked to the Russia-Ukraine situation as well. In the Indian context, we were trading at around our average historical valuations.

"With the adverse perception of the banking crisis and the rising crude stockpiles, crude prices are anticipated to be under pressure," Prathamesh Mallya, Assistant Vice President (AVP) - Research, Non-Agri Commodities, and Currencies at Angel One said.

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The brokerage believes Titan will be better placed than its peers in FY24, though its growth growth will moderate from the highs of FY23

"Against a barrage of dollar outflows and speculation that will follow if the (U.S. and European) banking situation worsens, the RBI will definitely be more judicious on how it expends the reserves."

"We believe Zomato will eventually increase its pricing by offering higher renewal prices to existing customers (only three-month plans are on offer currently). Further, Zomato is also negotiating for higher take rates with restaurants, which can also offset any impact of Zomato Gold," Kotak Equities said

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