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Markets trade flat amidst volatility; Nifty slips below 18,650

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IndusInd Bank (+2.09%) led the gainers on the nifty index today.

• 09 June, 2023
• 1:03 PM
• less than a minute

Indian Rupee Soars 8 Paise to 82.48 Against USD In Early Trade

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Multiple factors help INR to strengthen against USD

• 09 June, 2023
• 10:15 AM
• less than a minute

Gold sees minor dip in early trade but remains on course to finish the week strong

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Spot gold was down 0.2% to $1,964.52 per ounce, although it was still on track for a 0.8% weekly gain. American gold futures remained stable at $1,979.50.

• 09 June, 2023
• 10:15 AM
• less than a minute

Oil prices fall in early trade due to demand fears

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Brent crude futures had fallen 36 cents, or 0.5%, to $75.60 per barrel, while West Texas Intermediate crude futures had fallen 33 cents, or 0.5%, to $70.96 per barrel.

• 09 June, 2023
• 10:09 AM
• less than a minute

HMA Agro announces price band of Rs 555-585 per share; IPO set to open on June 20

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The company will use proceeds from the fresh issue towards working capital requirements and general corporate purposes.

• 09 June, 2023
• 9:49 AM
• less than a minute

RBI monetary policy reaction: Mr. Piyush Baranwal, Sr. Fund Manager (Fixed Income), WhiteOak Ca...

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If domestic CPI trajectory broadly proceeds along RBI’s projections, we believe that repo rate at 6.5% should provide sufficient disinflationary force to nudge inflation towards RBI’s target level.

• 08 June, 2023
• 1:35 PM
• less than a minute

Axis Bank deals in first onshore rupee non-deliverable derivative trade

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Earlier on June 6, 2023, RBI guidelines allowed banks to offer resident clients onshore NDD Contracts.

• 08 June, 2023
• 10:34 AM
• less than a minute

Dollar shows stability in early trade as traders assess fed outlook

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The unexpected rate rises this week by the Reserve Bank of Australia (RBA) and the Bank of Canada (BoC) have led to higher anticipation that U.S. and global interest rates will continue to rise.

• 08 June, 2023
• 9:50 AM
• less than a minute

Gold prices rise in early trade

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Spot gold was up 0.3% at $1,945.60 per ounce. American gold futures remained stable at $1,960.10.

• 08 June, 2023
• 9:38 AM
• less than a minute

Aditya Birla Group Sparkles into Branded Jewellery Retail with Novel Jewels Ltd

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The venture aims to cater to discerning consumers seeking design-led, bespoke, and high-quality jewelry.

• 07 June, 2023
• 2:27 PM
• less than a minute