Posts in category Economic Times
Gold Price Today: Yellow metal opens flat at Rs 73,930 per 10 grams, silver at Rs 94,306/ kg (22-05-2024)
Gold futures and silver contracts stayed near all-time highs as traders awaited signals on Federal Reserve policy. The prices hovered above key levels supported by safe-haven buying and the prospect of interest rate cuts from the U.S. Federal Reserve. Bullion and U.S. gold futures held steady, while the US Dollar Index hovered near the 104.64 mark.
Stock market update: Mining stocks up as market rises (22-05-2024)
The 30-share BSE Sensex was up 126.75 points at 74080.06
Bitcoin Pizza Day and the rise of crypto commerce (22-05-2024)
Bitcoin Pizza Day celebrates the first real-world Bitcoin transaction in 2010 when Laszlo Hanyecz, a programmer, paid 10,000 Bitcoins for two Papa John's pizzas. This event marked the rise of crypto commerce, as highlighted by Mr. CEO & Co-founder of Mudrex, a Global Crypto Investment Platform.
We are expecting copper prices to touch $11,500 in LME: Vandana Bharti, SMC Global (22-05-2024)
Vandana Bharti expects further upside in base metals with potential Fed rate cuts stimulating economic activity and demand. The de-dollarization trend and high CPI in the US are key factors driving copper and industrial metal prices higher.Bharti says: "We are expecting that in LME we can see a level of $11,500 and on COMEX, we are expecting $5.5 or $5.75 in copper."
Stock market update: FMCG stocks up as market rises (22-05-2024)
The 30-share BSE Sensex was up 134.24 points at 74087.55
Blockbuster debut! Indian Emulsifier shares list at 226% premium on NSE SME platform (22-05-2024)
Indian Emulsifier shares debuted on the NSE SME platform on Wednesday, opening at Rs 430, a significant premium of 225.8% compared to the issue price of Rs 132. The IPO, consisting of 32.11 lakh fresh equity shares, garnered immense investor interest, with a subscription rate exceeding 450 times at the close of the offering.
Share price of Adani Power rises as Nifty strengthens (22-05-2024)
A total of 668,990 shares changed hands on the counter till 10:10AM (IST).
PI Industries shares gain 2.97% as Sensex rises (22-05-2024)
The stock quoted a 52-week high of Rs 4032.0 and a 52-week low of Rs 3060.0.
Stock market update: Nifty Auto index falls 0.15% in an upbeat market (22-05-2024)
The Nifty Auto index was trading 0.15 per cent down at 23318.9.
Max Healthcare shares up 0.74% as Nifty gains (22-05-2024)
A total of 7,964 shares changed hands on the counter till 09:59AM (IST).