Tutorials

Since its inception, cryptocurrencies have seen a surge in its prices just re-asserting their highly volatile nature. The cryptocurrency paradigm continues to boom despite the global pandemic impacting economies across the globe. During the past year alone, many other cryptocurrencies have come into foray fueling the interest in cryptocurrencies. The price of one Bitcoin (one of the legacy cryptocurrencies) has increased by six times over the past 12 months. Due to the positive volatility in Read More

The Reserve Bank of India (RBI) on Friday said it will initiate a secondary market government securities acquisition programme or G-SAP 2.0 worth Rs 1.20 lakh crore in the second quarter of this fiscal to enable an orderly evolution of the yield curve. Under G-SAP 1.0, the central bank will purchase Rs 1 lakh crore-worth government securities and the last transaction of such acquisition to the tune of Rs 40,000 crore is scheduled for June Read More

Cement stocks along with consumer discretionaries have attracted the attention of global brokerage and research firm Credit Suisse as it looks to bank on beneficiaries of input cost normalisation. In a note co-authored by Neelkanth Mishra, Abhay Khaitan, and Prateek Singh, Credit Suisse said that going forward, the normalisation of input costs would help sectors such as paints and cement with pricing power in their hands. “An extreme supply-chain bull-whip is likely driving chemicals too: Read More

Jefferies’ global market strategist Chris Wood has picked oil stocks as his most favoured trade for the near term as cyclical stocks continue rallying on Wall Street. “In the short term, if GREED & fear had to favour one area of the cyclical trade the most it would be oil stocks,” the Global Head (equity strategy) said in his weekly newsletter. So far this year, the S&P Energy index has zoomed 41%, outperforming the S&P Read More

Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold and silver prices were trading higher in India on Tuesday, on the back of positive international trends, where gold surged to a near five-month high of $1,914.26 on a weaker US dollar and inflation concerns. On Multi Commodity Exchange, gold August futures were trading Rs 134 or 0.23 per cent up at Rs 49,484 per 10 gram, as against the previous close of Rs 49,349. Read More