Gold Prices Today: Bullion to remain under pressure amid rise in dollar index, US Fed forecast of rate hikes
As the US Fed is expected to raise interest rates, gold prices are likely to remain under pressure, says Prathamesh Mallya of Angel One
As the US Fed is expected to raise interest rates, gold prices are likely to remain under pressure, says Prathamesh Mallya of Angel One
Brokerages believe Tech Mahindra stock can re-rate marginally in the near-term but a structural re-rating can happen only over medium term
In a late-night statement on Sunday, Biden also announced that on Monday morning he will deliver remarks on how the US will maintain a resilient banking system to protect the economic recovery.
Authorities rushed to stem panic about the health of the US financial system by pledging to fully protect depositorsâ money following the collapse of SVB and offer one-year loans to banks under easier terms than usual.
The Indian government may put a plan to sell part of its stake in Hindustan Zinc on hold unless the company calls off the nearly $3 billion cash acquisition of two Vedanta Group subsidiaries, as per a news report.
According to Geojit , Mixed moves were seen in NCDEX spices complex on Friday. Jeera futures rose on firm demand, while coriander futures came under pressure from rising arrivals in the spot market.
Strong demand coming in from CV segment and opportunities in EVs position this auto component player well
ICICI Direct, The Euro extended its rebound on Friday as dollar slide to its lowest level in a week.
The cash balances held at SVB by the subsidiaries of Nazara Technologies cumulatively account for $7.75 million (approximately Rs 64 crore). SVB is is currently under the receivership of the Federal Deposit Insurance Corporation (FDIC).
As per its monthly performance update, the company#39;s consumer base continues to expand, with average monthly transacting users (MTU) at 89 million for quarter-to-date, up 28% year-over-year
Adani Green Energy was locked in 5 percent upper circuit for eighth consecutive session after taking support at around Rs 439 on February 28. The stock closed at Rs 682.7, rising 55 percent in last eight sessions in a row, and the volume on last Friday was above average volumes.
The entire capital goods space has been bucking the trend in recent challenging times and Cummins India specifically is completely on a roll.
President Joe Biden said he planned to speak about the US banking system Monday morning, to reassure Americans after the failures of Silicon Valley Bank and Signature Bank. rnrn"I will deliver remarks on how we will maintain a resilient banking system to protect our historic economic recovery," he said Sunday night in a statement that also included Biden#39;s promise of "holding those responsible for this mess fully accountable."
The June (2022) market level is 10 percent lower from here, I would think that itâs a non-trivial probability for the market getting there.
âIn 2008, almost the entire financial system was over-leveraged and filled with mis-marked complex illiquid assets,â Handler and Jefferies President Brian Friedman said in a letter to clients and employees of their New York-based investment bank. â
The Treasury Department, Federal Reserve and Federal Deposit Insurance Corp. jointly announced the efforts aimed at strengthening confidence in the banking system after SVBâs failure spurred concern about spillover effects.
Disney park operator Oriental Land Co, East Japan Railway Co and cinema operator Toho Co are among the major companies allowing patrons to go maskless starting Monday, based on revised government guidance announced last month.
The official said the steps were taken to stabilize the financial system and protect depositors, and did not constitute a bailout of either firm. No losses of either bank will be borne by U.S. taxpayers, the official said.
The meet is going to be held in Burhanpur in Madhya Pradesh during March 13-14.
The opposition leaders are expected to meet at Leader of Opposition in Rajya Sabha Mallikarjun Kharge#39;s office in the Parliament complex at around 10 am, sources said.
KCNA said the launch confirmed the reliability of the system and tested the underwater offensive operations of submarine units that form part of North Korea#39;s nuclear deterrent.