Gold may test the resistance at $4550. Dip buying is the favoured strategy. (AI image) Gold price prediction today: Gold prices are expected to continue their rally as demand for safe haven assets picks up, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. Here’s his outlook on gold prices:Gold […]
Stock market today: Nifty50 opens below 26,200; BSE Sensex down 300 points
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Tuesday. While Nifty50 was below 26,200, BSE Sensex tanked 300 points. At 9:25 AM, Nifty50 was trading at 26,193.10, down 57 points or 0.22%. BSE Sensex was at 85,140.05, down 300 points or 0.35%.Analysts […]
Rupee rebounds! Currency rises 18 paise after 4-day losses; reaches 90.12 against US dollar
Rupee began strong on Tuesday, strengthening by 18 paise to 90.12 against the US dollar, snapping its four-day losing streak.The currency’s rebound comes a day after it ended lower on Monday, closing at 90.30 against the greenback amid ongoing geopolitical uncertainty and weak domestic equities. According to traders, after the American military operation in Venezuela, […]
Asian stocks today: Markets mostly gain after Wall Street’s strong rally; HSI adds 1%, Nikkei jumps 300 points
Asian stock markets mostly rose on Tuesday as investors took confidence from a record-setting start to the year on Wall Street, where AI-led technology stocks continued to boost investor sentiment.In Hong Kong, HSI added 448 points or 1.7% to 26,795. Nikkei also traded higher, gaining 358 points or 0.69%. Shanghai and Shenzhen also surged 1% […]
Credit growth outpaces deposits for large banks
MUMBAI: Large banks show a continued trend of credit growth outpacing deposit mobilisation in the quarter ended Dec 31, 2025, with most lenders reporting advances rising faster than liabilities, and shifting deposit mix in favour of term deposits over current and savings accounts (CASA).India’s largest private bank HDFC Bank reported gross advances of around Rs […]
Lower demand for electric cars dents GM’s sales
General Motors reported a dip in fourth-quarter US auto sales Monday, reflecting a sharp decline in electric vehicle transactions amid a broader slowing car market.But the US auto giant also achieved an annual sales increase, pointing to growth in pickups and crossovers sales as evidence of resonance with consumers despite offering lower incentives than the […]
Copper climbs to $13,000/ton after strike at mine in Chile
Copper touched $13,000 a ton for the first time, extending last year’s scorching rally as mine outages and trade dislocations fuel concerns over supplies of the key industrial metal. Benchmark futures rallied as much as 4.3% in London. A strike at the Mantoverde mine in Chile was just the latest supply disruption at a time […]
Apax Partners picks up minority stake in iD Fresh Food
MUMBAI: London-based private equity (PE) firm Apax Partners has picked up an over 35% minority stake in iD Fresh Food in a deal pegged at more than Rs 1,500 crore, said people aware of the matter. As part of the transaction, Apax Partners has acquired some stakes from the company’s existing shareholders Premji Invest and […]
Sensex retreats, rupee slides on fresh tariff threat
NEW DELHI/ MUMBAI: Indian stock market indices were in the red on Monday, while the rupee extended its weakness against the US dollar, amid concerns over American President Donald Trump’s fresh comments over tariffs.The bellwether BSE sensex closed 0.4% or 332 points lower at 85,440 points, while NSE closed 0.3% lower at 26,250. The sensex […]
Crude may soften to $50 per barrel by June: Report
NEW DELHI: Crude oil prices are expected to soften significantly in 2026 and may touch $50 per barrel by June, an analysis by SBI Research showed on Monday. The deceleration is likely to be faster which could have a positive impact on inflation and growth, it added.The report said that the US Energy Information Administration […]