Gold and silver prices returned to a rally on Diwali day after a break over the Dhanteras weekend, according to data from the Multi Commodity Index. Gold and silver prices have rallied in India on festive demand and strong global cues around Trump’s tariff war. (Bloomberg) MCX Gold price rose as much as 0.97% to […]
India’s stock market opened higher today, driven by gains in private banks after Axis Bank Ltd. reported its quarterly results on Wednesday. A man enters a branch of Axis Bank in New Delhi, India. (Reuters) At 10:03 am, the 30-share S&P BSE Sensex rose 0.52% to 83,031.83 points even as the wider NSE Nifty 50 […]
Axis Bank Ltd. reported a bigger-than-expected drop in second-quarter profit on Wednesday, as higher provisions for bad loans weighed on earnings. Axis Bank shares fell 0.65% to ₹1169.00 apiece on the BSE even as the benchmark Sensex ended the day 0.70% higher at 82,605.43 points. (Reuters) Standalone net profit of India’s fourth-largest private lender by […]
A 50% surge in LG India’s share price on listing day has ascribed the home-appliance maker a market capitalisation higher than its parent in South Korea. After Hyundai, LG is set to become the second South Korean company to be listed in India. (Reuters) Shares of LG Electronics India Ltd. ₹1,140 apiece”>rose 50.4% over its […]
Gift Nifty trading higher indicates a positive start for the Nifty 50 today. Here are trading cues on how the stock market is likely to move today. Source link