Markets

Hallmarking of gold jewellery to be mandatory from June 1

India is the largest importer of gold, mainly owing to the demand of the jewellery industry which imports 700-800 tonne annually. The government said on Tuesday it is fully prepared to implement compulsory hallmarking of gold jewellery and artefacts from June 1, amid rumours that the scheme’s rollout could...

in Markets
Apr 13 · >

Sensex, Nifty recoup 40% of Monday’s losses as govt fast-tracks approval for global COVID-19 vaccines

A sharp increase in COVID-19 daily cases in the country and possibility of larger economic restrictions have already dented investors’ sentiments. Image: Reuters BSE Sensex and Nifty 50 index surged over one per cent, recouping nearly half of the losses made in the previous session. Market sentiment improved after...

in Markets
Apr 13 · >

Gold prices trade marginally higher; still down nearly Rs 10,000 per 10 gm from record high

Some profit-booking has been observed in the gold prices on the back rising US Treasury yields Gold and silver prices in India gained marginally on Tuesday, due to a weaker rupee against the US dollar. On MCX, gold June futures were trading Rs 14 or 0.03 per cent up...

in Markets
Apr 13 · >

TCS share price top Sensex loser; why TCS stock is falling despite 15% rise in net profit

Analysts believe that today’s fall in IT shares offers a good opportunity for the investors to make a re-entry IT stocks such as TCS, Infosys, HCL Technologies and Tech Mahindra were trading up to 3.5 per cent down on BSE on Tuesday. Tata Consultancy Services share price fell as...

in Markets
Apr 13 · >

Coinbase set to list on NASDAQ tomorrow; first Bitcoin trading platform to enter stock markets

Started in 2012, Coinbase is how most cryptocurrency investors, retail or institutional, get their hands on assets such as Bitcoin, Dogecoin, or Ethereum, if they do not mine them. (Image: Coinbase) The Cryptocurrency gold rush is all set to enter Wall Street as soon as tomorrow, with Coinbase slated...

in Markets
Apr 13 · >

Market LIVE: Nifty off day’s high, still in green, Sensex above 48,000; RIL, ICICI Bank top contributors

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading higher on Tuesday via India Infoline

in Markets
Apr 13 · >

Infosys share price hits new 52-week high as board mulls buyback; 3rd buyback in last 5 years

Infosys completed its first buyback of Rs 13,000 crore in December 2017 Infosys share price hit a new 52-week high of Rs 1,480 apiece in opening deals on Monday, a day after the software services giant announced that it would consider a proposal to buyback shares at a board...

in Markets
Apr 12 · >

Radhakishan Damani’s DMart says Q4 revenue strong, warns of lockdown deja-vu; should you buy shares?

During the last quarter, Avenue Supermarts continued to grow strongly. Its revenue from operations was 2% ahead of what analysts at Global brokerage and research firm Goldman Sachs had estimated. (image: REUTERS) Radhakishan Damani’s Avenue Supermarts, the company that runs the DMart hypermarket chain, last week said that its...

in Markets
Apr 12 · >

Dividend bonanza for TCS shareholders; Board gives nod to Rs 15 per share final dividend

TCS net profit jumped 15% on-year in Q4. IT major Tata Consultancy Services (TCS) today announced that its Board of Directors has recommended a final dividend of Rs 15 per share, subject to shareholder approval. Earlier the company has handed interim dividends of Rs 5 per share, Rs 12...

in Markets
Apr 12 · >

4 technical stocks to buy this week: IGL, India Cements, others may rally up to 16%, look strong on charts

Research and brokerage firm Axis Securities has recommended four technical stocks to buy this week, with up to 16 per cent rally. Image: Reuters Sensex and Nifty 50 plunged over 3.5 per cent on Monday as India recorded a massive surge of 1.7 lakh COVID-19 cases in the last...

in Markets
Apr 12 · >
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