Gold Prices Today: Gold struggled in Indian markets today as global rates fell to more than one week low. On MCX, gold futures were down 0.61% to ₹48,588 per 10 gram, extending losses to the second session.
JSW Steel Sues Top U.S. Competitors for Metal ‘Conspiracy’
India-based JSW Steel Ltd. claims three of the largest American steelmakers conspired to stifle competition by refusing to sell raw metal to its U.S. pipe and plate-making operations after the Trump administration imposed imports on cheaper foreign supplies.
Stocks for Today: Glenmark Pharma, Max Financial, Tata Power, Petronet LNG, Prestige Estates, Bata, GAIL
Equity benchmarks Sensex and Nifty ended marginally lower yesterday following losses in index majors Reliance Industries Ltd, ICICI Bank and HDFC twins. The S&P BSE Sensex fell 0.1% at 52,275.57, while NSE Nifty 50 Index declined slightly to 15,740.10.
Analyst Optimism Reaches 17-Year High for India’s Largest Lender
Market watchers haven’t been this bullish on State Bank of India in almost two decades, as they bet on the lender’s improving asset quality to help it weather the pandemic.
Stocks For Today: Bank Of India, HCC, Jindal Steel, PNB, SBI, Union Bank
India’s key equity benchmarks closed at a record high even as investors assessed the impact of lockdowns on businesses, which have now begun to gradually reopen as the pace of coronavirus infections slows.
Solar Eclipse 2021: How to see ‘Ring of Fire’ Solar Eclipse
Solar Eclipse 2021: A stunning annular solar eclipse will illuminate the sky, appearing as an ominous ring of fiery, glowing light in some parts of the world next week.
Yellen Says Higher Interest Rates Would Be ‘Plus’ for U.S., Fed
Treasury Secretary Janet Yellen said President Joe Biden should push forward with his $4 trillion spending plans even if they trigger inflation that persists into next year and higher interest rates.