Gold prices may not be that much sensitive to higher oil prices as has been the case in the last few months unless oil surges sharply higher. However, as the Middle East situation remains volatile, gains in gold could be limited unless oil falls. Buying the dips is preferred over chasing the rally. Source link
Rupee tumbled 8 paise against the greenback as crude prices continue to rise The rupee began Tuesday on a weak note, falling 8 paise to 95.38 against the US dollar in early trade, as uncertainty over the ongoing Middle East crisis and a rise in crude oil prices overnight weighed down the currency. Pressure also…
Top stocks to buy on August 11, 2026 Stock market recommendations: Mazagon Dock Shipbuilders, ICICI Lombard General Insurance, JSW Energy, and DLF – Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has identified these as the top stocks to buy today on August 11, 2026:Mazagon Dock Shipbuilders: Buy in the range of Rs 2574-2575;…
Nvidia has joined hands with six Wall Street giants to raise over $500 billion to finance the next phase of AI infrastructure. Nvidia is turning to some of the world’s biggest financial groups to help fund the next phase of the artificial intelligence boom. Six Wall Street giants have joined the effort, which could raise…
Stock market recap: BSE Sensex, NSE Nifty50 ended previous session with modest gains Equity markets closed the previous session with only modest gains after a largely directionless session, highlighting the cautious approach investors were taking amid elevated geopolitical uncertainty and rising crude oil prices. BSE Sensex gained 43.27 points, or 0.06%, to settle at 78,542.44,…
Crypto losses deepen Trump Media’s woes as company doubles down on Truth Social Trump Media & Technology, the company behind US President Donald Trump’s Truth Social platform, reported a $238 million loss in the second quarter, as the value of its bitcoin and Cronos holdings tumbled. The three-month loss through June was more than 10…
Oil prices hold weekly gains as traders turn cautious over Strait of Hormuz reopening Oil prices stayed near their highest level in more than a week on Tuesday as hopes of a US-Iran deal to end their war and reopen the Strait of Hormuz weakened. WTI crude stood 0.09% up to $82.22 a barrel, while…
The public private partnership (PPP) JV agreements for certain airports may put such restrictions and one private operator has sought NEW DELHI: The aviation ministry Monday told Parliament that there is no govt policy restricting major airport operators from holding substantial equity in or operating scheduled airlines. However, the public private partnership (PPP) JV agreements…
Industry executives said the issue is becoming widespread. MUMBAI: Non-life insurers are moving decisively to tackle motor third-party fraud to curb losses, which have risen due to higher court awards for victims and the impact of uninsured vehicles on premium collections.Go Digit General Insurance said it secured an order from Madras High Court on July…
Enforcement against offenders has also intensified. NEW DELHI: India’s fight against spam is getting more aggressive. Telecom operators flagged 24.4 billion calls and messages as suspected spam during April-June, while regulatory action was taken against more than 1.8 lakh telecom resources, according to data released by Trai.AI-based systems deployed by telecom operators identified 22.9 billion…
