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MCX Gold Silver Tips Today: Gold continued losing ground through the mid-European session and dropped to fresh one-month lows, below the $1,850 level in the last hour. This marked the second consecutive day of heavy selling and was dragged the Gold (Yellow Metal) further away from the near five-month tops touched on May 1.
Gold Prices Today Fall sharply for 2nd day in a row, silver rate dips
Gold Prices Today: Gold struggled in Indian markets today as global rates fell to more than one week low. On MCX, gold futures were down 0.61% to ₹48,588 per 10 gram, extending losses to the second session.
Stocks for Today: Glenmark Pharma, Max Financial, Tata Power, Petronet LNG, Prestige Estates, Bata, GAIL
Equity benchmarks Sensex and Nifty ended marginally lower yesterday following losses in index majors Reliance Industries Ltd, ICICI Bank and HDFC twins. The S&P BSE Sensex fell 0.1% at 52,275.57, while NSE Nifty 50 Index declined slightly to 15,740.10.
Analyst Optimism Reaches 17-Year High for India’s Largest Lender
Market watchers haven’t been this bullish on State Bank of India in almost two decades, as they bet on the lender’s improving asset quality to help it weather the pandemic.
Stocks For Today: Bank Of India, HCC, Jindal Steel, PNB, SBI, Union Bank
India’s key equity benchmarks closed at a record high even as investors assessed the impact of lockdowns on businesses, which have now begun to gradually reopen as the pace of coronavirus infections slows.