MCX Gold (Yellow Metal)Reports: The Bank of England raised its key interest rates at its regular monetary policy meeting. Meantime, the European Central Bank held its rates steady butsoon could follow the US in increasing interestrates.
Manyavar parent Vedant Fashions IPO opens; Should you subscribe?
Manyavar clothing brand’s parent Vedant Fashions IPO opens for subscription today, fora Rs 3,149-crore publicissue comprising entirely an offerfor sale of shares by promoters & existing shareholders.
Analysts Raise Target Of Titan Citing Growth Prospects
Analysts Raise Target Of Titan Citing Growth Prospects
Shares of Titan pared all opening gains even as most analysts reiterated ‘buy’ ratings, citing market share gains, long-term growth opportunities in its key jewellery business, focus of eyewear among others.
Nifty Expect 17550-17845 from Here [04-02-2022]
Banknifty was first to go in green. As expected, Nifty hasheld 17,200. Expected 17,550 and 17,854 from here. StayLong. Stay Bullish.
Stock Market Recommendations [04-02-2022]
Stock Market Recommendations [04-02-2022] : India’s stock benchmarksfell, dragged bylosses in information technology, realty stocks. The S&P BSE Sensex fell 0.29% to 58,620.01. The NSE Nifty 50 alsodeclined by similar magnitude to 17,503.90.
Stock Recommendations: Dalmia Bharat, M&M Financial, Navin Fluorine, Somany Ceramics, TTK Prestige, NMDC
Analyst Actions: Dalmia Bharat, M&M Financial, Navin Fluorine, Somany Ceramics, TTK Prestige, NMDC
- Dalmia Bharat upgraded to ‘buy’ by Maybank; price target set at Rs 2,200.
- M&M Financial cut to ‘add’ at YES Research; price target set at Rs 190.
- Navin Fluorine cut to ‘accumulate’ at KR Choksey; price target set at Rs 4,494.
- NMDC upgraded to ‘buy’ by Equirus Securities Pvt Ltd; price target set at Rs 194.
- Somany Ceramics upgraded to ‘buy’ by IDBI Capital Market.
- TTK Prestige upgraded to ‘add’ by Yes Research; price target set at Rs 1,056.
Source: Bloomberg
The Price of Gold will Drop to $1580 And Silver to $18 In 2022
Gold Forecast 2022: What exactly happened? From a macroeconomic perspective, the economy recovered lastyear. As vaccination progressed, sanitary restrictions were lifted, and riskappetite returned to the market, which hit safehaven assets such as gold. What’s more, a rebound in economic activity and risinginflation prompted the Fed to taper its quantitative easing and introduce more hawkish rhetoric, which pushed gold prices down.