Gold and Silver Prices in India Witness Sharp Correction After Dhanteras After an unprecedented rally, gold and silver prices in India witnessed a sharp correction after the end of Dhanteras, as profit booking and easing global outlook pulled rates back from the recent record highs. Gold Prices Touch Unprecedented Levels During Dhanteras Gold prices, after […]
MCap Of Top-Valued Firms Surges: Reliance Industries, Airtel Biggest Gainers The combined market valuation of seven of the top-10 most valued firms surged Rs 2.16 lakh crore last week, with Reliance Industries and Bharti Airtel stealing the limelight, in tandem with an optimistic trend in equities. Weekly Market Trends Last week, the BSE benchmark jumped
Gold Prices Show No Signs of Slowing Down With gold prices witnessing an unprecedented and record-breaking rally, Zoho Corporation’s Co-founder and CEO, Sridhar Vembu, has issued a warning sign for investors, stating that debt levels have gone too high. Reacting to an op-ed from former IMF First Deputy Managing Director, Gita Gopinath, Vembu added that
RBL Bank to Receive $3 Billion Investment from Emirates NBD, Triggering Open Offer Emirates NBD, the second-largest bank in Dubai, will invest $3 billion in RBL Bank Ltd., triggering an open offer and altering the Indian private bank’s shareholding structure. According to RBL Bank’s Chief Executive Officer, R Subramaniakumar, the investment will lead to the
Emirates NBD-RBL Bank Deal: A New Era for Indian Banking? Shareholders of RBL Bank will soon vote on the highly anticipated deal with Emirates NBD, marking a significant milestone in the Indian banking sector. The proposed acquisition has been making headlines, with many investors eager to know what this means for the future of RBL
Nifty In Technical Charts: Buy The Dip Time Is Back! Well, finally the market seems to have got the much awaited push higher, hauling itself past the 25,500 levels that was confining it so far. I ended the last week letter stating that “market is in with a chance to push higher if it can
Emirates NBD’s $3-Billion Investment in RBL Bank: A New Era for Indian Banking Emirates NBD, Dubai’s state-owned lender, is set to invest up to $3 billion in RBL Bank, according to statements from the latter’s management in the second quarter fiscal 2026 conference call on Sunday. This investment will give Emirates NBD a 60% stake
Global Trends, FPIs Move, Q2 Earnings To Guide Markets In Holiday-Shortened Week: Analysts Equity market investors would track global trends, foreign fund movement and quarterly earnings in a holiday-shortened week ahead, analysts said. Stock exchanges BSE and NSE will conduct a special Muhurat trading session on Tuesday, Oct. 21. The symbolic trading session will be
Diwali 2025 Stock Market Holiday: Are BSE, NSE Open Or Closed On Monday, October 20? After much speculation, Hindu scholars and pandits have confirmed that Diwali will be celebrated on October 20 this year, as the Amavasya Tithi in the month of Kartik falls on this date. As a result, schools, colleges, government offices, banks,
Forex Reserves Drop to $698 Billion: A Closer Look India’s forex reserves have witnessed a significant drop, with the latest figures standing at $697.784 billion as of the week ended October 10. This decline is attributed to a decrease of $2.176 billion from the previous week’s $699.96 billion, according to data released by the Reserve