Gold, Silver Surge on MCX as Dollar Weakens
MCX gold June futures jump nearly 1% to ₹1,43,829 per 10g, while silver May contracts rise 2% amid weak dollar.
MCX gold June futures jump nearly 1% to ₹1,43,829 per 10g, while silver May contracts rise 2% amid weak dollar.
Silver prices in India jumped over 2% to ₹2,25,014/kg on March 27, supported by dollar weakness and investor buying. Gold also gained.
Indian rupee breaches 94 per US dollar mark for the first time amid geopolitical tensions between US and Iran, weighing on emerging markets.
Department of Revenue reduces special additional excise duty on petrol and diesel, providing relief to oil marketing companies.
Indian rupee hits new low at 94 per USD. Expert suggests it could strengthen to 90 levels post-conflict resolution.
Indian markets decline sharply with 13 of 15 sectoral indices falling. PSU banks lead losses while IT stocks gain. Rupee weakens past 94 per dollar.
Nifty 50 up 1.72% and Bank Nifty surging 2.10%, but US markets slip overnight. Key support at ₹23146.98 and resistance at ₹23549.13 for traders.
Nifty 50 surged 1.72% to close at ₹23,306.45 while Bank Nifty jumped 2.1% to ₹53,708.1, signaling broad-based strength across indices.
Strong bullish momentum across Indian equities with 61 BUY signals dominating today’s screening. IT, banking, and energy sectors lead the charge.
Coal India Ltd offers attractive valuations, strong ROE of 96%, and 5.97% dividend yield. Our analysis explains why retail investors should consider it.
NTPC scores 87/100 in our screening. Attractive P/E of 18.2, 13.6% ROE, and 2.21% dividend yield make it appealing for income investors.
POWERGRID offers attractive valuations, strong ROE, and steady dividends. Our analysis explains why retail investors should consider this power transmission leader.