Latest Stock Market News
Gold ETF assets surge 27% in 2021Updated at : 2022-01-19 08:30:03 Rate this item (1 Vote)Digital gold investments are in exchange-traded funds (ETFs), where the units represent physical gold which may be in paper or dematerialised form. One gold ETF unit is equal to 1gm of the yellow metal. It is backed by physical gold of high purity. Gold ETFs combine the flexibility of stock investments and the simplicity of purchasing the yellow metal. |
Gold flat near one-week low as US rate hike loomsUpdated at : 2022-01-19 08:30:03 Rate this item (1 Vote)Gold prices were flat on Wednesday, steadying near a one-week low hit in the previous session, as the U.S. Treasury yields strengthened to two-year highs on expectations of quicker interest rate hikes by the Federal Reserve. Spot gold was little changed at $1,813.04 per ounce by 0118 GMT, after falling to a one-week low of $1,805 an ounce on Tuesday. U.S. gold futures were steady at $1,813.30. |
Leaping yields buttress dollar ahead of Fed meetingUpdated at : 2022-01-19 08:30:03 Rate this item (1 Vote)The dollar was firm on Wednesday after a rip higher in U.S. yields vaulted it up sharply on the euro overnight, putting it back above support levels that have held for the past few months in anticipation of rising U.S. interest rates. |
Stocks in the news: Bajaj Auto, Hero Moto, NTPC, Dixon, LTTS and ICICI PruUpdated at : 2022-01-19 08:30:03 Rate this item (1 Vote)Bajaj Auto, L&T Info, ICICI Lombard, JSW Energy, Tata Communications, OFFS, Syngene International, Sterlite Techn, Saregama and Mastek are among the companies that will announce their December quarter results today. |
IT, banks among hottest stock picks in India for 2022Updated at : 2022-01-19 08:30:03 Rate this item (1 Vote)Top stock picks in the IT pack include Tech Mahindra Ltd., Infosys Ltd., Tata Consultancy Services Ltd. and HCL Technologies Ltd. |
Sidbi sanctions Rs 650-cr loans to support MSMEs hit by pandemicUpdated at : 2022-01-19 07:35:03 Rate this item (1 Vote)The financial assistance has been extended out of the Special Liquidity Facility of Rs 16,000 crore sanctioned by Reserve Bank of India to SIDBI to meet the challenges being faced by the MSMEs due to the prevailing Covid-19 pandemic situation. |
HomeLane eyes Rs 1,500-crore IPO by mid-2022Updated at : 2022-01-19 07:35:03 Rate this item (1 Vote)Bank of America, Axis Capital and ICICI Securities have been hired to run the HomeLane IPO. They said 25-30% stake will be offered in the proposed IPO. |
Rupee sees lowest level in 2022, may depreciate furtherUpdated at : 2022-01-18 21:20:03 Rate this item (1 Vote)A spike in the US treasury benchmark which led to a fall in domestic equity indices also weighed heavily on the rupee |
Wall Street opens lower as tech tumbles, Goldman Sachs slidesUpdated at : 2022-01-18 21:20:03 Rate this item (1 Vote)The Dow Jones Industrial Average fell 250.05 points, or 0.70 per cent, at the open to 35,661.76. |
Trade setup: Market taking a breather; financials, auto may outperform in short termUpdated at : 2022-01-18 21:20:03 Rate this item (1 Vote)Following a strong technical pullback of over 1,800-points from the lows of 16,400, Nifty had got overextended on the charts |