Silver rally above $103 (Friday): Silver prices shocked global markets after crossing the $103 per ounce mark, driven mainly by strong speculative buying and fresh momentum trades. The precious metal has entered a high-volatility zone, attracting traders, investors, and bullion watchers worldwide.
Gold Price Warning: Sellers in Trouble If Gold Breaks $5,055 Level
Gold Price Warning: If gold prices rise above $5,055, a major market upheaval could occur. This level is crucial for traders.
As soon as gold crosses this mark, there could be immense buying pressure in the market. This could lead to significant losses for gold sellers.
Adani Group Stocks Fall as $12.5 Billion Market Value Wiped Out After SEC Move
Shares of several Adani Group companies came under heavy pressure, wiping out nearly $12.5 billion (around ₹1 lakh crore) in market value in a single session. The fall came after news that the US Securities and Exchange Commission (SEC) has approached a court to seek permission to serve summons on certain individuals linked to the group.
IndiGo Q3 Net Profit Falls 78% in December Quarter Despite Strong Passenger Demand
New Delhi: India’s biggest airline, IndiGo, on Thursday reported a 78 per cent slump in December quarter net profit as flight disruptions and implementation of the new labour code took a toll on its earnings.
Bandhan Bank Shares Rise 5% After Motilal Oswal & JM Financial Upgrade; Target Price Revealed
Shares of Bandhan Bank surged nearly 5% on Friday, touching an intraday high of ₹150.50 on the BSE, after leading brokerages Motilal Oswal and JM Financial upgraded the stock and raised their target prices.
Gold Price Eyes $5,000 Mark as Weak US Dollar Fuels Fresh Rally
Gold rose to a record high near $5,000 an ounce, as geopolitical risk and threats to the Federal Reserve’s independence added support to a rally fueled by a retreat from currencies and bonds.
Silver ETF Prices Fall 20%: Why the Multibagger Rally Suddenly Crashed
Silver ETF Prices: Indian silver exchange-traded funds (ETFs) crashed up to 20% on Thursday in a dramatic reversal, wiping out their premium to international and physical markets as investors fled amid heightened volatility in precious metals. Nippon India Silver ETF, ICICI Prudential Silver ETF, and Kotak Silver ETF each plummeted 19-20% in morning trade, falling below their indicative net asset values (iNAVs) as what had been an abnormally steep premium evaporated and transformed into a discount.