New Delhi, May 15 (IANS) As petrol and diesel prices were raised by Rs 3 per litre on Friday, experts said that the fuel price hike could accelerate investment in renewable energy and diversified supply chains. Dr. Manoranjan Sharma, Chief Economist at Infomerics Ratings, said the hike could push inflation higher by raising transportation and production costs, translating to higher prices for essential goods.”Oil-importing nations may face decelerated growth, weaker industrial output, and reduce…
Latest LKP Securities News & Updates
New Delhi, April 18 (IANS) Foreign institutional investors (FIIs) have begun to show early signs of stabilisation in the Indian equities following a prolonged period of outflows, according to market watchers.Notably, FIIs turned net buyers in the final three sessions of this week, lending support to the recovery and improving overall sentiment.However, on a cumulative basis, flows remained marginally negative for the week at around Rs 250 crore, indicating that sustained inflows will be required…
New Delhi, March 24 (IANS) The Indian rupee opened higher against US dollar on Tuesday after US President Donald Trump announced a five-day pause of strikes on Iranian power and energy infrastructure.The domestic currency was trading at Rs 93.64 to the dollar, as compared to the record low of Rs 93.98 to the dollar in the previous trading session.According to analysts, the market has welcomed the five-day pause but not with conviction, and any signs of further de-escalation could pull the USD/IN…
Mumbai, March 18 (IANS) The rupee on Wednesday touched a fresh record low of 92.63 against the US dollar, amid a firming greenback and continued foreign fund outflows.At the interbank foreign exchange, the rupee opened at 92.42 and moved in a narrow range before weakening to its all-time low during the session.The currency had closed at 92.37 on Tuesday.”The Indian rupee slipped to a fresh record low as a break below the 92.50 level triggered selling pressure, exacerbated by thin dollar liquidit…
Mumbai, March 8 (IANS) The Indian stock markets’ sentiment will largely be shaped by persistent geopolitical tensions in the Middle East this week, and the bourses are expected to see volatile movements, analysts said on Sunday.Kuwait announced stopping oil production and refining output as tankers cannot transit the Persian Gulf due to threats from Iran. The Arab monarchy described the output reduction as a precautionary step, though it did not reveal the extent of the cut.Global investors are …
Mumbai, Feb 14 (IANS) Gold prices fell almost 1.82 per cent during the week, as investors remain cautious amid huge volatility with the dollar showing occasional bouts of strength.Meanwhile on Friday, MCX gold February futures surged 0.20 per cent while MCX silver March futures added 3.62 per cent. Currently gold futures stand at Rs 1,56,200, while silver futures at Rs 2,44,999 per kg.The price of 10 grams of 24-carat gold was at Rs 1,52,765 on Friday down from Rs 1,55,593 seen on Monday, accord…
Mumbai, Feb 13 (IANS) The Indian equity markets ended deep in red on Friday, extending losses for the second consecutive trading session.At the closing bell, Sensex lost 1,048 points, or 1.25 per cent to settle at 82,626. The Nifty shed 336 points, or 1.30 per cent, to close at 25,471.The sharp decline was largely driven by intensifying global concerns over AI-led disruption to India’s outsourcing model.The broader markets performed in line with benchmark indices, as Nifty Midcap 100 index dip…
New Delhi, Jan 3 (IANS) Gold and silver entered 2026 with elevated volatility after an exceptional 2025 rally, analysts said on Saturday, adding that the fundamental outlook for precious metals remains constructive.Gold futures with February expiry eased moderately down 0.04 per cent, settling at Rs 1,35,752 on MCX on Friday. The price of 10 grams of 24-carat gold closed the week at Rs 1,34,782 up from Rs 1,33,195 at the year end, according to data published by the India Bullion and Jewellers As…