Gold rate today: Following the US Fed rate cut buzz on soft US core inflation data, MCX gold rate registered gains during early morning deals on Thursday. Gold futures contract on Multi Commodity Exchange (MCX)m for February 2025 expiry opened flat at ₹78,700 per 10 gm.
IRCON International share price rose 8.11% to a highest level of ₹205.99
Ircon International Ltd. has recently gained significant attention in the stock market, showcasing a bullish trend with an impressive increase of 8.11% in its share price today, January 16, 2025. The stock opened at ₹195.02 and reached a high of ₹205.99, closing at ₹190.01. With a trading volume exceeding 8.59 million shares and a total traded value of around ₹176 crore, Ircon International is making waves in the engineering sector.
Spot Gold price touches the target $2700
Spot Gold price managed to touch our awaited target of $2700.00 and found good resistance there, waiting to gain positive momentum that pushes the price to continue moving within the bullish channel visible on the chart to gain additional gains that extend to $2718.00 as the next key station.
As Expected MCX Copper Hit 834.35 Boom
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Gold prices rise to near one-month high on hopes of interest rate cut
Gold prices were stable on Thursday after hitting their highest levels in more than a month, as softer U.S. core inflation data lifted expectations of interest rate cuts, although news of a ceasefire accord between Israel and Hamas capped further gains.
Adani Group stocks jump up to 5% after short-seller Hindenburg Research shuts down operations
Adani Group stocks jumped over 5% on Thursday after Hindenburg Research, the short-seller behind the $100 billion Adani Group shares sell-off, is shutting down.
Hindenburg news Updates: Nate Anderson disbands Hindenburg, Adani shares open high
Hindenburg news Updates: Hindenburg Research’s founder Nathan Anderson said he would disband the firm whose reports sparked heavy short-selling by investors and investigations by authorities, wiping billions from the market values of companies including India’s Adani Group and U.S.-based Nikola.