NEW DELHI: A dip in gold prices drew shoppers to jewellery stores on Dhanteras on Friday. Carmakers lined up thousands of festive deliveries, while televisions led demand at an electronics retailer.Senco Gold & Diamonds reported sales growth of more than 25% by value, with footfall up 10-12% from last year, CEO Suvankar Sen said.Kalyan Jewellers…
Gains 1,781 points fri even as US market, AI stocks crashMUMBAI: In one of the best weekly gains in recent times, sensex closed over 8.8% up as foreign funds came back to buy Indian stocks, as the US midterm polls raised hopes of policy stability, and also of a diplomatic resolution to the war in…
Wall Street suffered a massive selloff on Thursday (local time), wiping out a whopping $2.5 trillion in market value in a single day amid AI fears. The fall came as investors pulled back from technology stocks amid growing concerns over heavy artificial intelligence spending and the possibility of tighter industry regulation. The Nasdaq suffered its…
MUMBAI: Gold loan defaults have nearly doubled in five months even as outstanding balances tripled over three years, pointing to a rise in stress in a rapidly expanding segment of the lending market. Loans overdue by more than 90 days accounted for 0.3% of the portfolio in Aug 2026, up from 0.2% in March 2026….
From an investment perspective, the recent correction and profit booking provide an opportunity for investors looking to add gold. Gold price prediction today: The recent correction in gold prices is a good time to get in, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He shares his view on buying gold…
Stock market trading on Diwali: When will Dalal Street remain close or open NEW DELHI: Diwali festivities have begun, and investors are wondering when stock markets will remain open and closed for trading. The festival brings with it a series of celebrations, from Dhanteras and Naraka Chaturdashi to Diwali, Govardhan Puja and Bhai Dooj.Amid the…
Gold prices declined sharply in futures trade on Friday amid weak spot demand, with retail rates also falling across major Indian cities.Prices of 24K, 22K and 18K also gold recorded declines.On the Multi Commodity Exchange (MCX), gold contracts for December delivery fell by Rs 2,178, or 1.51 per cent, to Rs 1,41,917 per 10 grams…
Stock market marked its best week since early 2021 Indian stock markets staged a strong recovery ahead of Diwali, with benchmark indices rising for seven consecutive sessions and posting their biggest weekly gains in more than five years. The rally added nearly Rs 29.57 lakh crore to investor wealth, even as a sharp global technology…
Karnataka has sought action against oil marketing companies and compensation for consumers over alleged excess blending. NEW DELHI: The Karnataka government on Friday alleged that petrol supplied by major oil marketing companies (OMCs) in the state contained ethanol well above the prescribed 20% limit, with laboratory tests recording levels of up to 31.2%. It sought…
Dhanteras shopping to cross Rs 1 lakh crore NEW DELHI: From lightweight gold jewellery to silver coins and traditional decorative items, Dhanteras shopping is seeing demand across categories despite precious metal prices remaining significantly higher than last year.Business during the festival is expected to exceed Rs 1 lakh crore nationwide on Friday, with gold and…
