Gold prices sharply declined in India and globally on November 7, following Donald Trump’s election win. In India, 24k gold dropped to Rs 61,136/8g in Delhi. Globally, spot gold fell to $2,657.65, as investors await the Fed’s interest rate decision.
Posts in category Economic Times
FIIs likely to have lost No. 1 Dalal Street investor status to desi boys (07-11-2024)
With strong inflows into mutual funds, the share of domestic institutional investors (DIIs) grew at a faster rate than that of foreign institutional investors (FIIs). Consequently, the gap between FII and DII shares narrowed further, reaching a record low of 1.09% at the end of September.
LTTS, Marico among 5 stocks with long unwinding (07-11-2024)
When positions or stocks owned for a longer period are sold either to book profit or to exit in fear of impending bearishness, it is called long unwinding.
These 9 stocks surge 90-200% in a year despite continuous stake cuts by MFs (07-11-2024)
An ETMarkets analysis revealed that over the last four quarters (December 2023 to September 2024), mutual funds have gradually reduced their holdings in around 62 stocks.
SWP vs IDCW Payout – Which option is more tax-efficient? (07-11-2024)
A Systematic Withdrawal Plan (SWP) provides a steady income stream, especially for retirees. It allows investors to redeem investments gradually, minimizing tax implications and enabling simultaneous compounding. However, careful planning and monitoring of NAV are crucial for optimizing returns and ensuring corpus longevity.
European shares open higher on banks boost; focus on c.bank meetings (07-11-2024)
ArcelorMittal gained 2.5% after the world’s second-largest steelmaker reported a third-quarter core profit that was above market expectations.
Chola Inv Finance 1.42% as Sensex (07-11-2024)
The stock traded at a P/E multiple of 28.03, while the price-to-book value ratio stood at 4.96.
Mphasis shares 1.89% as Sensex falls (07-11-2024)
A total of 17,967 shares changed hands on the counter till 02:01PM (IST)
Expect gradual recovery in Nifty after correction: Sanjay Parekh (07-11-2024)
Interarch is what we recently added, of course, at significantly lower levels and it has run up quite well, it is into prefab structure, it is a bottom-up stock picking that we did and there the opportunity is very-very large, unorganised to organised segment there is a shift and they are very well placed there, so which accelerates the setting up of factories and buildings that they are into and they have a very-very strong clientele.
ACC shares 1.44% as Nifty falls (07-11-2024)
The stock quoted a 52-week high price of Rs 2843.00 and low of Rs 1803.80.