Gold Silver Reports — Billionaire Anil Agarwal’s Hindustan Zinc Ltd., profiting from a surge in metals prices, announced a special dividend that takes its payments to shareholders this year above $4 billion, in what it said is a record return by an Indian company.
Gold Silver Reports — Gains that sent Indian stocks to a record are at risk of reversing as investors ignore the possibility of earnings disappointments in the wake of Narendra Modi’s currency clampdown, according to UBS Group AG.
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Gold Silver Reports — Market mavens expect benchmark indices to touch fresh highs in the short term after foreign investors, the mainstay of the marketplace, not just covered their bearish bets but initiated fresh bullish ones during Tuesday’s sharp rally . They added that any profit booking would be bought into, with a caveat that a hawkish sounding Fed could spoil the party for the bulls.
Gold Silver Reports — The Sensex developed cold feet on Tuesday ahead of the key exit poll findings, coming off its two-year highs and remaining shy of the 29,000 mark at close. The broader NSE Nifty too could not keep its earlier gains.
Gold Silver Reports — JSW Group, Indian conglomerate led by billionaire Savitri Jindal, applied under a subsidy program spearheaded by Prime Minister Narendra Modi to improve flight connectivity for small towns and villages.
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Gold Silver Reports — Nifty Fire Fire Fire Power- Realty Stocks Zoom – Rising global stocks had a rub-off on Indian market on Thursday as the Sensex surged with Brexit fears slowly starting to subside amid the June derivatives expiry. This was the fourth straight day that the Sensex brought up gains.
The benchmark BSE Sensex surged over 150 points on Wednesday on a buying build-up by participants, tracking a global rally. Moreover, short-covering of positions by speculators in view of tomorrow’s June monthly derivatives contract expiry contributed to the surge.
Gold Silver Reports — U.S. stock futures rose, as early polls reinforced speculation the U.K. voted to remain in the European Union.