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Bajaj Holdings shares gain 5.43% as Sensex rises

Updated at : 2022-06-30 10:25:03

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The stock quoted a 52-week high of Rs 6573.05 and a 52-week low of Rs 3579.95.

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"We expect gold prices to trade sideways to down for the day with COMEX Spot gold support at $1,810 and resistance at $1,830 per ounce. MCX Gold August futures support lies at Rs 50,500 and resistance at Rs 51,000 per 10 grams," said Tapan Patel, Senior Analyst (Commodities), HDFC Securities.

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A total of 167,009 shares changed hands on the counter till 10:10AM (IST)

"We believe manufacturing as a sector is likely to do well over the next decade. Domestic cyclicals like banks, auto, infra, cement, capital goods could lead the next rally in our view. Rupee depreciation will also support export oriented sectors like IT and pharma. We are positive on gold and believe investors can consider a 10% allocation to gold ETFs / FoFs in their portfolio."

U.S. SEC rejects Grayscale's spot bitcoin ETF

Updated at : 2022-06-30 09:35:03

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Grayscale said that in response it had filed a lawsuit against the regulator and would argue that the SEC had violated the Administrative Procedure Act and Securities Exchange Act.

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The dollar ticked up towards recent two-decade peaks, and could record its best quarter in over five years, making gold less attractive for buyers holding other currencies. Gold prices, set to drop for a third straight month, have fallen about 6% this quarter, their worst since the first quarter of 2021

Shares of DU Digital Global and Paisalo Digital will go ex-split today. DU Digital Global had announced the splitting of shares into face value of Rs 2 from the face value of Rs 10 while Paisalo Digital had announced the splitting of shares into face value of Re 1 from the face value of Rs 10.

Banks stare at huge MTM losses as yields rise

Updated at : 2022-06-30 07:30:04

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Banks are staring at significant mark-to-market losses in April-June quarter as some of them approached the Reserve Bank of India seeking a one-off relaxation following rises in bond yields.

The new phase of G-20 Data Gaps Initiative (DGI) proposes climate change as a major focus area to address data gaps that have been identified as crucial for macroeconomic policy making and micro-financial stability.

Mukesh Ambani’s succession plan: Focus on GenNext

Updated at : 2022-06-30 07:30:04

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RJIL is a wholly owned subsidiary of Jio Platforms, the holding company that owns all digital assets, including Reliance Jio Infocomm. Mukesh Ambani continues to remain the chairman of Jio Platforms.

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