New Delhi, March 11 (IANS) Gold and silver prices eased on Wednesday as investors booked profits, though a softer US dollar and lingering geopolitical uncertainty capped the decline.MCX gold April futures lost 0.52 per cent to Rs 1,62,452 per 10 grams around 11.15 am on an intraday basis. Meanwhile, MCX silver May futures declined 1.69 per cent to Rs 2,73,150 per kg.The profit booking followed the MCX gold April futures contract rising almost 2 per cent and the silver May futures surging 4 per c…
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New Delhi, Feb 12 (IANS) Gold and silver prices dipped moderately on Thursday, as the US dollar strengthened.MCX gold April futures dipped 0.24 per cent to Rs 1,58,371 per 10 grams on an intra-day basis. Meanwhile MCX silver March futures declined 0.72 per cent to Rs 2,61,124 per kg.The dollar index surged to 96.94 on Thursday from 96.83 in the previous session, due to strong jobs data from the US that suggested underlying economic health. A stronger dollar made greenback-priced bullion more exp…
Mumbai, Feb 12 (IANS) The Indian equity markets opened lower early on Thursday weighed down by IT stocks.As of 9.25 am, Sensex lost 397 points, or 0.47 per cent, to reach 83,836, and Nifty lost 111 points, or 0.43 per cent, to settle at 25,842.Main broad-cap indices posted stronger losses than benchmark indices, as the Nifty Midcap 100 declined 0.76 per cent, and the Nifty Smallcap 100 dipped 0.88 per cent.All sectoral indices traded in the red except FMCG, private banks as well as oil and gas. …
New Delhi, Jan 24 (IANS) If foreign institutional investor (FII) confidence in Indian market is to resume, corporate earnings have to improve in the next quarter (Q4) and the US-India trade deal should happen, analysts said on Saturday.While the former is likely in the January-March quarter (Q4 FY26), there is no clarity at all on the timeline of the latter.“This is the biggest uncertainty weighing on the market now,” said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Lt…