Gold and silver December futures traded lower amid high price volatility due to Middle East tensions and dollar index strength. Last week, gold gained by Rs 300 per 10 gram, while silver rose by Rs 2,360 per kg. Manoj Kumar Jain of Prithvifinmart suggests buying on dips.
Posts in category Economic Times
Blue Star and 4 other stocks closed below VWAP (07-10-2024)
On October 4, the closing prices of five stocks from Nifty500 dropped by more than 1.5% relative to the VWAP, and a shift below the VWAP suggests a potential bearish trend.
Bank of Maharashtra stock in focus after LIC raises stake via QIP (07-10-2024)
Bank of Maharashtra shares are expected to attract attention on Monday after the Life Insurance Corporation of India (LIC) increased its stake in the bank from 4.05% to 7.10%. LIC announced this increase in its shareholding following a Qualified Institutional Placement (QIP).
No Monday blues! Sensex rises 400 points, Nifty back above 25,100 (07-10-2024)
Sensex and Nifty opened higher, rebounding after losses, supported by strong US jobs data easing recession fears.
Easy phase of bull run over for India: Sandeep Tandon (07-10-2024)
And in difficult phase of bull run, obviously, given the risk profiling, I think largecap will play an important role, that does not mean we turn negative on small and mid.
These 6 F&O stocks saw a high increase in futures open interest (07-10-2024)
As of October 04, there was a notable surge in futures open interest for four stocks in the NSE F&O pack, contributing to a total increase in open interest of over 7% as compared to the previous trade.
Hot Stocks: Brokerages on Titan, Bandhan Bank, Federal Bank and RBL Bank (07-10-2024)
Citi maintained a neutral call on Titan citing studded mix concerns, Macquarie an outperform due to strong jewellery sales. Jefferies has a buy on Bandhan Bank despite QoQ collection dip, while Morgan Stanley remains underweight on RBL Bank amid moderate loan growth.
F&O Radar| Deploy Short Iron Condor in Nifty to gain from rangebound market (07-10-2024)
The upward trend in the Nifty50 remains strong, with last week’s 5% correction from 26,200 viewed as a temporary pullback in line with market expectations. This correction was anticipated for several reasons, notably foreign institutional investors (FII/FPIs) selling due to structural changes in weekly options expiry and China’s recent rate cut.
Godrej Properties stock in focus after achieving record Rs 5,200 crore bookings in Q2 FY25 (07-10-2024)
Godrej Properties shares are expected to gain attention on Monday after the company reported robust Q2 FY25 bookings worth Rs 5,200 crore, driven by the sale of 5.1 million square feet of residential properties. New project launches in the NCR and the Mumbai Metropolitan Region fueled the demand.
ETMarkets Smart Talk: Harshad Patwardhan on China, global markets, crude oil and India’s valuation premium among emerging economies (07-10-2024)
We do not know what is going to happen next, which is why that kind of scare is completely understandable. Not to forget, there is another war that has been waging for probably two and a half years in Europe.