A substantial fluctuation is likely because for a long period gold has moved in a narrow range of $ 50-60 and at higher levels short positions were built.
If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.
Gold prices are likely to decline further to around Rs 24,500 per 10 grams by December if the rupee continues to rule at the current level.
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
Tinesh Bhasin explains the pros and cons of trading in gold 'options', which were introduced in India this Dhanteras
The fall in crude prices has added to the gains.
Mandatory hallmarking of gold would be a positive in making the gold market more organised. Mandatory hallmarking would come into effect from January 15, 2020, with a one-year transition period for trade to sell existing inventories. Experts also expect more policy measures next year to bring in more transparency in terms of gold as an asset class.
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Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%
Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
As many as eight companies have completed their share buyback plans in the first quarter of 2014-15, purchasing stocks worth nearly Rs 222 crore (Rs 2.22 billion) which is 75 per cent of the collective target.
If you are planning for a long-term goal like your child's education in a foreign university, invest about 20% of your portfolio in foreign assets that can provide a hedge against the rupee's depreciation.
Sentiment has improved but no progress on GST & ending 'tax terrorism' disappoints.
The Karnataka election is being seen as the semi-final to the 2019 general elections and appears to be heading towards a close fight
MFs have garnered record assets in the past one year, led by increased investor participation through SIPs and robust returns in mid-cap schemes.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Capital goods stocks rallied nearly 16 per cent since January on purchases by foreign institutional investors and in anticipation of a change of government at the Centre.
NSEL scam: Brokers of IIFL, Anand Rathi, Geojit arrested.
Money managers have turned cautious about the technology space.
'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'
The rupee has depreciated 2.35 per cent in the past three months and one per cent in the past month, despite strong capital flows and falling oil prices.
Brokerages expect better financials as management is determined to improve profitability.
Though most experts remain bullish on the banking space, they suggest investors buy only those banks whose NPAs are at a manageable level of 3% to 4% and there is credit growth or earnings visibility.
Product launches to drive incremental volume growth for players such as Maruti Suzuki; medium and heavy commercial vehicle revival on track.
Lines up seven OFS issues along with half a dozen IPOs for the next few months
Attractive pricing coupled with improving prospects make the offer lucrative
Investors were stuck in old schemes though they were suspended because of tax implications.
The company is targeting 100 million subscribers in shortest possible time, RIL Chairman Mukesh Ambani said
The most consistent wealth creators since 2008 are all consumer-facing companies, says Devangshu Datta.
The intra-city cable leasing deal will give RCom Rs 1,200 crore, which will be used to clear some of its debt.
Bigger companies are signing equity JVs with global investors.
Analysts, however, said the timing of the infusion was good.
According to analysts, IT firms like Infosys, TCS and HCL Technologies are likely to benefit the most on account of larger US exposures and dollar billing.
Jio's100-million subscribers target appears an uphill task in the next one month, believe analysts. Also, the existing subscribers are already witnessing slowdown in data speed thanks to the high traffic.
National brands prefer the acquisition route since the southern market is culturally different, reports T E Narasimhan from Chennai.
Analystsare showing optimism in Sensex EPS growth after double digit growth in the second quarter of current year.
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