Snapping a three-day losing run, gold of 99.5 per cent purity bounced Rs 1,150 to Rs 78,100 per 10 grams. The yellow metal had finished at Rs 76,950 per 10 grams in the previous close.
Posts in category Economic Times
S&P 500, Dow rise on boost from big bank earnings (11-10-2024)
U.S. stock indexes were mixed at the open on Friday, as traders kept bets on a 25-basis-point Federal Reserve rate cut in November intact after producer prices data, while a slump in Tesla shares dragged on the Nasdaq.
These 8 stocks hit 52-week highs, rallied up to 24% in a month (11-10-2024)
The Sensex fell 230 points on Friday, closing at 81,381. Despite this, eight BSE 200 stocks hit their 52-week highs, suggesting strong performance and potential for future growth.
Sebi orders BSE to not proceed with Trafiksol listing amid concerns over misuse of IPO proceeds (11-10-2024)
Capital markets regulator Sebi has asked the exchange BSE to not proceed with Trafiksol ITS Technologies listing amid serious concerns over misuse of the net proceeds received from the IPO.
Arkade Developers Q1 profit jumps over 4 times to Rs 30.21 cr (11-10-2024)
Realty firm Arkade Developers Ltd, which got listed on the stock exchanges recently, has reported a more than four-fold jump in its consolidated net profit to Rs 30.21 crore for the first quarter of this fiscal year. Its profit stood at Rs 6.57 crore in the year-ago period.
Tech View: Nifty forms high wave type candle on weekly chart. Here’s how to trade next week (11-10-2024)
Nifty formed a small negative candle, indicating continued narrow range movement. The underlying trend remains choppy. Support at 24,920 and 24,750. Resistance at 25,000-050 and 25,250-275. Bears are in control, using pullback rallies to create short positions.
Sudarshan Chemical Industries acquires Germany-based world’s second biggest pigment company Heubach Group (11-10-2024)
Sudarshan Chemical Industries announced the acquisition of Heubach Group for Rs 1,180 crore. Shares surged 20% on the news. Heubach Group is the world’s second-biggest pigment company.
Stock market update: Power stocks down as market falls (11-10-2024)
The 30-share BSE Sensex closed down 230.05 points at 81381.36
Stock market update: Nifty IT index advances 0.59% (11-10-2024)
The Nifty IT index closed 0.59 per cent up at 42335.7.
Stock market update: Nifty Bank index falls 0.7% (11-10-2024)
The Nifty Bank index closed 0.7 per cent down at 51172.3.