Fed Rate Hike: Despite the looming recession risks, markets are wagering a 100 bps rate hike in July, as Fed will likely fight the inflation monster head-on. The Bank of Canada’s (BOC) unexpected 100 bps lift-off also favors hawkish Fed tightening expectations. The Fed sentiment is leading the way so far this Thursday, weighing negatively on the Gold (XAUUSD) pair.
Bajaj Healthcare Gains Nearly 30% In Six Sessions
Shares of Bajaj Healthcare rose over 5% and are on course to extend winning streak for sixth day. The stock has gained 29% over the period.
Raymond Board Recommends Atul Singh As Executive Vice Chairman
- The Nomination and Remuneration Committee of Raymond has recommended Atul Singh’s appointment as Executive Vice Chairman, post securing necessary regulatory clearances.
- Singh has previously held senior executive positions at Coca-Cola and Colgate-Palmolive.
Source: Exchange filing
HCL Tech Q1 Review: Muted IT Services Growth A Concern; Margin Woes Remain, Say Analysts
Analysts flagged HCL Technologies Ltd. muted IT services business growth as a concern and expect margin to remain under pressure because of sustained supply-side challenges.
सोने की कीमत का समर्थन $1700 के स्तर पर है [HINDI]
सोने की कीमत मंगलवार को नौ महीने के नए निचले स्तर पर गिर गई, एक बिंदु पर $ 1725 से नीचे गिर गई। 1720-1740 डॉलर के क्षेत्र में, पिछले 15 महीनों की गिरावट में सोने को समर्थन मिल रहा है, और दैनिक चार्ट स्पष्ट रूप से दिखाते हैं कि सोने के विक्रेता हाल ही में धीमा हो रहे हैं।
Is crypto worth investing in 2022? Experts react
Crypto markets have disappointed investors and traders alike this year. Many crypto platforms came crashing down in 2022 while several top coin prices have touched new lows. Amid extreme volatility and rising inflation, it has become important for users to decide whether cryptos are worth investing in now or should retail investors look beyond cryptocurrencies. However, experts’ views differ on these questions.
COMEX Gold at 9-Month Low; Keeping an Eye on Inflation Figures
Gold Price Forecast: Gold prices were trading flat in India on Tuesday, on weak global cues. On Multi Commodity Exchange, gold August futures were trading lower at …