AUD/USD drops due to Trump’s tariff rhetoric

The Australian dollar posted losses of over 0.40% against the US Dollar, and the latter remains supported by US President-elect Donald Trump’s tariff threats. At the time of writing, the AUD/USD trades at 0.6204 after bouncing off daily lows of 0.6187.

READ MORE…

What's ahead for Gold in 2025?

What’s ahead for Gold in 2025?

Gold Outlook in 2025: Gold will be up against three major events in the first two months of 2025 and experts point out the likelihood of volatility. First will be Donald Trump taking charge as the US President and we have seen how DXY and bond yields have moved. The other two factors are domestic — one is the Union Budget 2025 and the other is the Reserve Bank of India (RBI) MPC under a new Governor.

READ MORE…

ITC Hotels split: 6 reasons why it will be beneficial for ITC shareholders

The last leg of the much-awaited demerger exercise of cigarette-to-hotels conglomerate ITC Ltd completed today as ITC shares (NSE: ITC) started trading ex-demerger after a special price discovery trading session. While ITC shares fell over 2% following the demerger amid broad-based weakness in the market, analysts are bullish both on ITC as well as ITC Hotel shares in the long run following completion of the value unlocking deal for 36 lakh shareholders.

READ MORE…

RBL Bank shares gain 2.5% after good December quarter business update

Shares of RBL Bank ended higher at ₹166.80 apiece in trade on Monday, January 6, marking a 2.46% gain compared to the previous close as investors reacted positively to the bank’s December quarter business update, which was released over the weekend. With today’s rally, the stock has risen for the third day and gained 5.6% in the current month so far.

READ MORE…

Federal Reserve set to cut interest rates

Federal Reserve set to cut interest rates

The US Federal Reserve (Fed) will announce monetary policy decisions following the December policy meeting on Wednesday. Alongside the policy statement, the US central bank will publish the revised Summary of Economic Projections (SEP), also known as the dot plot. 

READ MORE…

Copper Hovers Near 1-Month High

Copper Hovers Near 1-Month High

Copper futures eased to around $4.20 per pound on Tuesday but remained near a one-month high reached in the previous session, following the announcement of additional economic stimulus measures by Chinese policymakers.

READ MORE…

PNB Shares Decline in Today’s Trading Session

PNB Share Price Today Live Updates : On the last trading day, PNB’s stock opened at ₹109.5 and closed slightly lower at ₹109.05. The stock reached a high of ₹111.15 and a low of ₹107.2 during the day. With a market capitalization of ₹125,365 crore, PNB’s shares traded a volume of 3,056,991 on the BSE. Over the past year, the stock has seen a high of ₹142.9 and a low of ₹82.33.

READ MORE…

Yes Bank share price Today Live Updates : Yes Bank Sees Positive Trading Surge Today

Yes Bank Share Price Today Live Updates : On the last trading day, Yes Bank opened at ₹21.20 and closed slightly lower at ₹21.17. The stock reached a high of ₹21.59 and a low of ₹21.09 throughout the day. With a market capitalization of ₹67,370.91 crore, Yes Bank’s stock has seen a 52-week high of ₹32.81 and a low of ₹19.05. The trading volume on the Bombay Stock Exchange was 14,272,890 shares.

READ MORE…

Spot Silver Loses Grip Below $31.50

The Spot silver price drifts lower to around $31.20, snapping the two-day winning streak during the early European session on Thursday. The cautious stance on cutting rates by the Federal Reserve (Fed) weighs on the white metal. 

READ MORE…