New investors should avoid short-term, tactical entries and instead go for staggered buying via ETFs to manage volatility.
'The pace of gold's ascent is striking, with prices rising from $3,500/oz to $4,000/oz in just 36 days -- far quicker than the historical average of 1,036 days taken to achieve similar $500/oz gains.'
'Pakistan wanted India out of Afghanistan to which again the Taliban told Pakistan to take a walk.' 'Six months after they came back to power in 2021 India was back in Afghanistan at the request of the Taliban.' 'The Taliban realised that India has no agenda of its own in Afghanistan.'
Gold's glittering rally is expected to continue, with prices likely to climb towards $4,500 per ounce in overseas markets, supported by sustained global central bank purchases, persistent geopolitical tensions, and strong Asian demand, according to a report by Motilal Oswal Financial Services Ltd. Silver, which has outperformed gold in terms of returns so far this year, is projected to climb to around $75 per ounce, aided by robust industrial consumption and a widening supply deficit, the report said.
Among Sensex firms, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, Maruti, Bharti Airtel and Tata Steel were the major gainers. However, Asian Paints and Bajaj Finance were the laggards.
New investors should not allow themselves to fall prey to FOMO and rush headlong into gold.
From the Sensex firms, Bharat Electronics, Bajaj Finance, Bajaj Finserv, Axis Bank, Maruti and Tata Motors were among the gainers. However, Eternal, Hindustan Unilever, Trent and Titan were the major laggards.
The decision to hike US H-1B visa application fee to $100,000, trade talks and the GST rate cut will be the key drivers for stock market movement this week, analysts said.
Puneri Paltan beat Bengaluru Bulls in a thriller after the two sides played their second tiebreaker in as many games this season in the Pro Kabaddi League, in Chennai, on Thursday.
Despite the threat of a pull-out over the fiasco involving match-referee Andy Pycroft, it is understood that PCB is trying to work out a respectable solution by which Pycroft doesn't officiate in their matches.
Modi was received at the venue by Chinese President Xi Jinping and First Lady Peng Liyuan. On arrival, the Prime Minister exchanged greetings with the Chinese President before joining other leaders for the customary family photo session.
According to India batting coach Sitanshu Kotak the tiff took place after Fortis asked the Indian coaching staff to stay 2.5 metres away from the main square, despite them not wearing spikes, prompting frustration from the visiting camp.
CAFA Nations Cup: India qualify for third-place match at expense of Tajikistan
The CBDT is investigating Jane Street for possibly misusing the India-Singapore tax treaty.
This marks a rebound after more than two years of underperformance during a strong rally in smallcap stocks.
Pakistan Prime Minister Shehbaz Sharif said on Tuesday that his country respects Russia's relations with India, as he called for strengthening Islamabad's ties with Moscow during his talks with Russian President Vladimir Putin in Beijing.
Pakistan withdrew its pullout threat and showed up for a crucial Asia Cup game against the UAE in Dubai on Wednesday but not before causing a delay.
France's perfect record in their World Cup qualifying campaign ended as they were held to a 2-2 draw away to Iceland who got a late equaliser in an entertaining Group D clash on Monday.
India squandered a golden opportunity to return with two titles as both Lakshya Sen and the men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty signed off with runner-up finishes at the Hong Kong Open Super 500 in Hing Kong on Sunday.
Among Sensex firms, Tata Steel jumped the most by 5.90 per cent. Titan, Mahindra & Mahindra, ITC, Eternal, State Bank of India, and Trent were among the other gainers. However, Infosys, NTPC, Hindustan Unilever, TCS, Adani Ports and Bharti Airtel were among the laggards.
Among Sensex firms, Mahindra & Mahindra, Asian Paints, Kotak Mahindra Bank, ICICI Bank, Tata Motors and Larsen & Toubro closed with losses. However, Power Grid, NTPC, Tata Steel and Hindustan Unilever were the major gainers.
Gold prices surged Rs 2,200 to hit a fresh peak of Rs 116,200 per 10 grams in the national capital on Monday buoyed by strong global cues as investors awaited key commentary from US Fed officials for policy direction. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 1,14,000 per 10 grams on Friday.
This is the longest winning streak for gold in the last three decades.
Concerns over weakening demand for Indian pharmaceutical (pharma) drugs in the US - their largest export market - have weighed heavily on investor sentiment this year. While the Nifty 50 has gained 6.02 per cent year - to - date (as on September 15), the Nifty Pharma index has declined 5.18 per cent, National Stock Exchange data shows.
Pakistan team manager Naveed Akram Cheema lodged a "formal protest" against match referee Andy Pycroft alleging that he asked both captains not to shake hands during the toss.
Among Sensex firms, Mahindra & Mahindra climbed 2.34 per cent, followed by Maruti which climbed 1.70 per cent. Power Grid, Reliance Industries, Bharti Airtel and Eternal also were also among the gainers. However, ITC, HCL Tech, Tata Consultancy Services, Tech Mahindra and Infosys were among the laggards.
Among Sensex firms, Mahindra & Mahindra, Tata Motors, Trent, Eternal, Asian Paints and Infosys were the major gainers. However, Sun Pharma, ITC, Hindustan Unilever and Titan were among the laggards.
Opener Sam Konstas smashed a century to lead Australia's superb showing with the bat on the rain-hit Day 1 of the first unofficial Test match against India A.
Prime Minister Narendra Modi and Chinese President Xi Jinping held talks focusing on rebuilding bilateral relations, emphasizing border peace and addressing cross-border terrorism.
Two active members of the Rohit Godara-Goldy Brar gang, allegedly involved in firing outside Bollywood actress Disha Patani's residence in Bareilly, were shot dead in an encounter near Tronica City in Ghaziabad. The encounter was carried out in a joint operation by Delhi Police Special Cell and Special Task Forces of Uttar Pradesh and Haryana.
Prime Minister Narendra Modi conveyed to Russian President Vladimir Putin that India is ready to make all possible contributions towards a peaceful resolution of the Ukraine conflict.
Among Sensex firms, Tata Motors rose the most by 3.97 per cent. Mahindra & Mahindra jumped by 3.96 per cent. Maruti, Adani Ports, Bajaj Finance and UltraTech Cement were also among the gainers. However, Trent declined 3.81 per cent. Asian Paints, HCL Tech, Tech Mahindra, L&T, TCS, Power Grid and Sun Pharma were also among the laggards.
The Global Times, a prominent state-run Chinese media outlet, published an article titled "China and India are cooperation partners, not rivals: Xi," highlighting President Xi Jinping's remarks about the bilateral meeting, saying, "as long as the two countries stick to this overarching direction, China-India relations can sustain steady and long-term growth."
From the Sensex firms, Infosys, Tata Consultancy Services, HCL Tech, Tech Mahindra, Tata Motors, Sun Pharma, Maruti and Titan were among the major gainers. Bharat Electronics, Asian Paints, Bharti Airtel and ICICI Bank were among the laggards.
Second-half strikes from Mikel Idiakez and Joby Justin fired debutants Diamond Harbour FC to a 2-1 win over East Bengal on Wednesday, sealing a spot in the 134th Durand Cup final against NorthEast United FC.
Among Sensex firms, NTPC, Axis Bank, Power Grid, Bharti Airtel, Eternal and Sun Pharma were the major gainers. However, Infosys, Titan, UltraTech Cement and Hindustan Unilever were among the laggards.
Among Sensex firms, Mahindra & Mahindra, Asian Paints, Infosys, Titan, Sun Pharma, Tata Consultancy Services, Tech Mahindra and Power Grid were the major laggards. However, Bajaj Finance, Eternal, UltraTech Cement and Reliance Industries were among the gainers.
From the Sensex firms, HCL Tech, Infosys, Power Grid, Tata Consultancy Services, HDFC Bank, Hindustan Unilever, Bharti Airtel and ICICI Bank were among the major laggards. However, Titan, Larsen & Toubro, Maruti and Axis Bank were among the gainers.
Former Australian cricket captain Ricky Ponting has weighed in on the heated exchange between India's Mohammed Siraj and Australia's Travis Head during the Adelaide Test
Gold and silver prices are expected to maintain their upward trajectory this week, but may see late profit-booking amid the release of a series of crucial global economic indicators, analysts said. On the economic front, traders will closely monitor the manufacturing/ services PMI data from across regions and the US non-farm payrolls/ employment data along with consumer confidence for the month of September and speeches from several Federal Reserve officials, they added.
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