Asia FX Drifts Lower On Hawkish Fedspeak, Weekly Losses On Tap
Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Reserve officials, as well as growing concerns over a potential recession this year. China-exposed currencies were the worst performers this week, even as data released earlier showed that the country’s economy was beginning to pick […]
Dow Futures Trade Flat Ahead of U.S. Midterm Elections
U.S. stock futures were trading flat during Monday’s evening deals, after major benchmark indices finished the regular session higher ahead of the U.S. midterm elections on Tuesday. By 18:20 ET (23:20 GMT), Dow Jones Futures and S&P 500 Futures were flat, while Nasdaq 100 Futures ticked 0.1% higher In extended deals, Lyft (NASDAQ:LYFT) fell 14.2% […]
Silver stays steady, selling at Rs 61,000/kg, while gold drops by Rs 100
Early on Wednesday, gold prices decreased by Rs 100 from the previous day’s rate, with 10 grammes of 24-carat yellow metal selling for Rs 51,980. The price of 10 grammes of 22-carat gold has decreased by Rs 100 to Rs 47,650. Contrarily, the price of silver, which is selling at Rs 61,000 per kilogramme, remained […]
Today’s gold price is Rs 50,780 per 10 gramme, with silver at Rs 61,550 per kilogramme
On Wednesday, the price of 10 grammes of 24-carat gold increased by Rs 330 to Rs 50,780. Simultaneously, the price of one kilogramme of silver jumped from Rs 2,160 to Rs 61,550. The price of 10 grammes of 22-carat gold climbed by Rs 300 from the previous day’s rate to Rs 46,550. In Delhi and […]
Indian rupee slumps 11 paise to 76.05 against US dollar in early trade
The rupee declined 11 paise to 76.05 against the US dollar in the opening trade on Friday, tracking the surge in international crude prices amid the intensifying Russia-Ukraine conflict. Unabated foreign fund outflows and a weak trend in domestic equities also weighed on investor sentiment, forex traders said. At the interbank foreign exchange, the rupee […]
Oil spikes to seven-year high as markets avoid Russian supply
Oil prices surged to seven-year highs on Wednesday as supply disruption fears mounted following hefty sanctions on Russian banks amid the intensifying Ukraine conflict, while traders scrambled to seek alternative oil sources in an already tight market. Brent crude futures gained $5.30, or 5%, to $110.23 a barrel at 0419 GMT, a level last seen […]
What is Capital Markets and What You Should Know About it?
What is Capital Market? Capital Markets are the exchange platform where the money of the investor is transferred to businesses that require the capital to finance various projects or investments. Types of Capital Markets Equity Securities: Equity Securities are traded on the share market and are essentially ownership shares of a business or venture. When […]
Oil prices steady as investors eye US-Iran nuclear talks
Oil prices were mixed on Thursday, after rallying on an unexpected drop in U.S. crude inventories in the previous session, as investors await the outcome of U.S.-Iran nuclear talks that could add crude supplies quickly to global markets. Brent crude futures slid 10 cents, or 0.1%, to $91.45 a barrel at 0130 GMT, while U.S. […]
US Fed puts markets on the slippery slope; Sensex falls 581 points
Investors continued to pull out of risky assets as US Federal Reserve officials signalled that they were on course to raise interest rates in March, citing high inflation. The Sensex dropped as much as 1,419 points, or 2.5 per cent, on Thursday before recouping some of the losses. After a wild ride, the 30-share index closed at 57,277, down […]
Markets end flat after scaling new peaks; TCS rises over 1%
By Administrator_ India Capital Sands The Sensex closed modestly lower while the Nifty inched up to a fresh closing high on Wednesday as bulls took a breather amid a subdued trend overseas. Banking and finance stocks succumbed to profit-booking after the sharp-up move in the past few sessions, while IT and FMCG counters bucked the trend. After […]