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The precious metals market witnessed a historic surge this week as silver futures on the Multi Commodity Exchange (MCX) soared to a fresh peak of ₹2,87,990 per kilogram, while gold futures climbed to a new lifetime high of ₹1,43,173 per 10 grams. This remarkable rally underscores the growing investor appetite for safe-haven assets amid heightened geopolitical tensions and expectations of monetary easing by the US Federal Reserve. Silver’s Meteoric Rise Silver has been the star Read More
Kotak Mahindra Bank has announced a 5:1 stock split, a move that has generated significant interest among investors and market watchers. The decision, aimed at enhancing liquidity and making shares more affordable for retail investors, comes at a time when the banking sector is witnessing strong participation from both institutional and retail segments. What is a 5:1 Stock Split? A stock split increases the number of shares in circulation by dividing existing shares into multiple Read More
The Indian equity markets ended Tuesday’s session on a weaker note, with both benchmark indices retreating amid profit booking and cautious investor sentiment. The Sensex closed 250 points lower, while the Nifty 50 slipped below the 25,750 mark, reflecting a pause in the recent rally. Market Overview The decline was largely attributed to weakness in banking, IT, and select FMCG stocks. Investors remained cautious ahead of key macroeconomic data releases and global market cues. Sensex: Read More
Avenue Supermarts Ltd., the operator of DMart retail stores, reported its Q3 results recently, and the stock price reacted with muted movement, trading flat despite expectations of volatility. Investors are now weighing whether to buy, sell, or hold the stock in light of the company’s performance and broader market conditions. Q3 Performance Overview DMart’s Q3 results highlighted steady revenue growth, driven by strong festive season demand and expansion of new stores. However, margins remained under Read More
The Indian equity markets ended Monday’s session on a strong note, with both benchmark indices posting notable gains. The Sensex closed 302 points higher, while the Nifty 50 settled above the 25,750 mark, supported by robust buying in select heavyweights. Market Overview The trading day witnessed positive momentum across sectors, with metals, paints, and select banking stocks driving the rally. Investor sentiment remained upbeat amid expectations of steady corporate earnings and optimism around global cues. Read More