market trends
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Business
Gold Prices Stable as Indian Market Watches Global Trends
Gold prices stayed stable on Tuesday, with spot gold at $2,735.96 per ounce, slightly lower than last week’s peak of $2,790.15. In India, 24-carat gold stands at ₹8,024 per gram, while 22-carat is ₹7,355 per gram. The Multi Commodity Exchange reported a small drop in December futures for gold, with a 0.13% decrease at ₹78.20 per 10 grams. Factors like…
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Business
Mid-Cap Funds Draw ₹14,756 Crore, Small-Cap Funds ₹15,586 Crore in FY25’s First Half
Mid-cap and small-cap mutual fund schemes have witnessed a significant surge in investor interest, with inflows reaching approximately Rs 30,350 crore from April to September of the current financial year, as reported by the Association of Mutual Funds in India (AMFI). In contrast, these funds attracted Rs 32,924 crore during the same period last year. This ongoing trend persists despite…
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Business
Health Insurance Giant Niva Bupa Set for Public Listing with ₹3,000 Crore IPO
True North, a prominent home-grown private equity firm, is spearheading an initial public offering (IPO) for Niva Bupa Health Insurance Ltd., previously known as Max Bupa Health Insurance Company. The Securities and Exchange Board of India (SEBI) has granted final observations for the firm to raise ₹3,000 crore through this IPO, marking a significant milestone for the company. Niva Bupa…
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Business
Gold Prices Rise Slightly Amid Market Fluctuations
Gold prices saw a slight rise on Sunday, with the current rate for 24-carat gold reaching Rs. 7,784.3 per gram, marking an increase of Rs. 260.0. Meanwhile, 22-carat gold is priced at Rs. 7,137.3 per gram, up by Rs. 240.0. In the past week, 24-carat gold has experienced a price change of 1.34%, although it has seen a decrease of…
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Money
Gold Prices Rise in Response to Positive Global Cues and Rate Cuts
Gold prices in the domestic futures market increased on Monday, bolstered by positive global trends following a recent 50 basis points rate cut by the US Federal Reserve. Expectations of further rate cuts through 2026 are supporting gold’s appeal, as lower interest rates reduce yields on interest-bearing assets, making gold a more attractive option for investors. Spot gold prices remain…
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