11 Best Stock Market News: India’s stock benchmarks rose, aided by gains in healthcare, energy and consumer durables stocks, amidst weak global cues after the first confirmed case of omicron covid-19 strain and Federal Reserve chair’s reiteration of the need of faster tapering of stimulus sapped sentiment.
Gold Price Sees a Dead Cat Bounce as Downside Remains Compelling
Gold price extended the previous week’s bearish momentum into the second straight day on Tuesday. The bright metal tumbled to fresh four-week lows of $1,770, incurring heavy losses in yet another volatile session triggered by Fed Chair Jerome Powell’s testimony and persistent Omicron covid variant fears.
10 Best Stock Market News By Neal Bhai [01-12-2021]
Best Stock Market News: India’s stock benchmarks advanced the most in over two weeks, aided by gains in metal, auto, banking and energy stocks, as markets shrugged off concerns over the possibility of a faster taper and the omicron covid-19 strain.
Gold Price Forecast: Below $1790 Downside For Gold as Key Support
Gold Price Forecast: Gold price fell for the second straight day on Monday, starting out a fresh week on the wrong footing while extending the previous week’s broad decline. After reattempting the $1800 mark in the first half of the day, gold price came under fresh selling pressure and fell back to test the key $1,790 support zone.
The Hidden Benefit of Buying in Sovereign Gold Bonds
Sovereign Gold Bond Benefits: India’s love for gold knows no bounds. While physical gold has an emotional value to it, paper form of gold works best for those seeking investment value in it. In fact, in the ongoing wedding season, why not gift sovereign gold bonds (SGBs) over gold jewellery or coins?
Silver Prices Today Rise For Second Day Amid Omicron Fears, Gold Rates jump
Gold Silver prices forecast: Gold prices rose today as Omicron risks buoyed the safe-haven appeal of the precious metal. On MCX, gold futures were up 0.65% to ₹48,257 per 10 gram , extending gains to the second day, while silver rates jumped 0.85% to ₹63,497 per kg.
Reliance Jumps On Jio Tariff Hike Announcement
Shares of Reliance Industries Ltd. rose nearly 3.6% in intraday trade to Rs 2,482 apiece after the company announced tariff hike. Price of entry-level JioPhone will be increased by 21.3% to Rs 91. The new tariffs will be effective from December 1,2021.