Technically, immediate resistance is placed at ₹1,60,800–1,61,800, which coincides with the upper Bollinger Band and short-term supply zone. (AI image) Gold price prediction today: Gold prices are expected to move towards consolidation in the coming days as well, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold has entered a crucial…
Stock market crash today (AI image) Stock market crash today: Indian equity benchmarks, Nifty50 and BSE Sensex, saw a sharp selloff on Monday, with both the indices crashing over 1% as bearish sentiment tightened its hold on Dalal Street. Rising global bond yields, the rupee hitting a fresh all-time low and other macro concerns added…
Rupee extended its fall on Monday, opening at an all-time low of 96.20 against the US dollar, slipping 0.2% from its previous close. This comes as the ongoing Middle East conflict continues to cloud sentiments and unsettle markets. With this fall the currency has trimmed 5.5% since the crisis began. Last week, the currency crossed…
Top stocks to buy today (AI image) Stock market recommendations: Motilal Oswal Wealth Management Research Desk recommends picking up Syrma SGS, and Max Financials as the top stocks for the trading week starting May 18, 2026: Stock Rating CMP (Rs) Target (Rs) Upside (%) Syrma SGS Buy 1016 1300 28% Max Financials Buy 1601 1980…
MUMBAI: Muthoot Fincorp has approved plans to raise up to Rs 4,000 crore through an initial public offering of equity shares and a share split, as part of a broader capital-raising programme cleared by its board on May 16, even as the company reported growth in its latest financial results.In an exchange filing, the company…
Seeking relief: Onion growers want an MSP of Rs 3,500/quintal and a Rs 1,500-a-quintal compensation for distress sales Rain clouds rolled over Maharashtra’s onion belt. Then came war winds from West Asia. Prices collapsed. Crops rotted. Farmers counted losses in rupees — and sold tears by the quintal. Across Nashik, Solapur and Chhatrapati Sambhajinagar, onion…
India emerged as one of the fastest-growing steel markets as global steel prices rose across major regions in April and early May, according to a Goldman Sachs report. In its “Global Steel: The Steel Market Barometer – May Update”, Goldman Sachs said average hot rolled coil (HRC) prices increased across nearly all major markets in…
NEW DELHI: India’s exports of jewellery fell in April 9.07 per cent amid geopolitical tensions in Middle East and uncertainty in key markets, according to data from the Gem & Jewellery Exaport Promotion Council (GJEPC). The overall exports stood at $2,226.45 million (Rs 20,825.01 crore), down from $2,448.53 million (Rs 20,952.26 crore) in the same…
Last week, the combined market capitalisation of nine of the top 10 most valued firms fell by Rs 3.12 lakh crore, with Reliance Industries registering the sharpest decline.Broader market sentiments also remained weak with the 30-share BSE Sensex dropping 2,090.2 points, or 2.7%, while the 50-share NSE Nifty slipped 532.65 points, or 2.2%.“Markets ended the…
Foreign investors have continued withdrawing from Indian equities, with net outflows reaching Rs 27,048 crore so far this month. The selling spree reflects the cautious stance among global investors amid shifting global macroeconomic conditions and ongoing geopolitical uncertainty.Data from the NSDL shows that Foreign Portfolio Investors (FPIs) have pulled out a total of Rs 2.2…
