News for 'commodity rally'

Markets rally make investors richer by Rs 10.58 lakh cr in three days

Markets rally make investors richer by Rs 10.58 lakh cr in three days

Rediff.com1 Apr 2024

Investors' wealth soared by Rs 10.58 lakh crore in three days of the market rally, where the BSE benchmark jumped over 2 per cent, and hit an all-time high on Monday. Extending its winning momentum to the third day running, the 30-share BSE Sensex jumped 363.20 points or 0.49 per cent to settle at 74,014.55. During the day, it zoomed 603.27 points or 0.81 per cent to hit its record high of 74,254.62.

Markets recovery makes investors richer by Rs 4.21 lakh cr

Markets recovery makes investors richer by Rs 4.21 lakh cr

Rediff.com28 Oct 2024

Investors' wealth on Monday surged Rs 4.21 lakh crore as markets bounced back after five days of fall. The BSE Sensex jumped 602.75 points or 0.76 per cent to settle at 80,005.04. During the day, it surged 1,137.52 points or 1.43 per cent to 80,539.81.

Rupee Declines. Add Gold To Portfolio

Rupee Declines. Add Gold To Portfolio

Rediff.com4 Dec 2024

New investors should gradually build a 5 to 10 per cent allocation to gold.

Russia-Ukraine war: Commodity prices likely to rise

Russia-Ukraine war: Commodity prices likely to rise

Rediff.com4 Mar 2022

Investors and companies should brace for higher commodity prices over the next few weeks in the backdrop of Russian troops attacking Ukraine on Thursday. Meanwhile, US President Joe Biden threatened new sanctions against Russia for an act of aggression against Ukraine. All this, analysts believe, can push prices of key commodities such as crude oil, ammonia, urea, potash, and phosphates higher.

50 bps cut in interest rate likely by March 2025: Axis Mutual Fund

50 bps cut in interest rate likely by March 2025: Axis Mutual Fund

Rediff.com28 Oct 2024

'Investors can consider staying invested in long duration products as there is a possibility of rate cuts in the near term.' Positive macros - lower inflation, high forex reserves and favourable demand-supply dynamics for government bonds - make a strong case for rate cuts from December, says Devang Shah, head of fixed income, Axis Mutual Fund. In an interview with Abhishek Kumar in Mumbai, Shah says this view may not hold true if commodity prices go up sharply.

From Hindustan Unilever to Britannia, FMCG stock rally skates on thin ice

From Hindustan Unilever to Britannia, FMCG stock rally skates on thin ice

Rediff.com5 Sep 2023

Over the past year, the National Stock Exchange Nifty FMCG Index, which tracks the market capitalisation of the top 15 companies in the fast-moving consumer goods (FMCG) sector, has surged by 17.3 per cent. In contrast, the Nifty50, a broader market index, has witnessed an 8.8 per cent increase during the same period. The FMCG stocks have also been rally leaders in the current calendar year.

Sensex ends above 85,000, Nifty scales 26K

Sensex ends above 85,000, Nifty scales 26K

Rediff.com25 Sep 2024

Benchmark Sensex closed above the 85,000 level for the first time while Nifty scaled the 26,000 peak at close on Wednesday as fag-end buying in banking and power shares helped stock markets recoup early losses. After a see-saw trade during the day, the 30-share BSE Sensex rose by 255.83 points or 0.30 per cent to settle at an all-time high of 85,169.87. During the day, it surged 333.38 points or 0.39 per cent to hit a record intra-day peak of 85,247.42.

Trump 2.0: Will Bulls Run Amok?

Trump 2.0: Will Bulls Run Amok?

Rediff.com8 Nov 2024

'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'

AP govt bans meetings, rallies on roads after 2 stampedes

AP govt bans meetings, rallies on roads after 2 stampedes

Rediff.com3 Jan 2023

The government noted in its order that "the right to conduct a public meeting on public roads and streets is a subject matter of regulation as Section 30 of the Police Act, 1861 itself mandates."

Samvat 2081: Will Gold, Silver Sparkle?

Samvat 2081: Will Gold, Silver Sparkle?

Rediff.com25 Oct 2024

'Higher interest rates make gold less attractive as it doesn't generate yield.' 'However, with rates set to fall, the tables are turning for gold.'

How To Select The Right MAAF

How To Select The Right MAAF

Rediff.com12 Nov 2024

If you already hold significant amounts of equity in your portfolio, avoid MAAFs with over 60 per cent equity. But if you lack equity exposure, an aggressive MAAF may be appropriate.

How would Brexit impact commodities?

How would Brexit impact commodities?

Rediff.com23 Jun 2016

Britain's 'remain' option gaining traction, with the implied probability of such an outcome at 78 per cent.

Investors become richer by Rs 13.22 lakh cr as markets bounce back

Investors become richer by Rs 13.22 lakh cr as markets bounce back

Rediff.com5 Jun 2024

A day after facing massive erosion from their wealth, equity investors became richer by Rs 13.22 lakh crore on Wednesday with markets making a strong comeback. The 30-share BSE Sensex jumped 2,303.19 points, or 3.20 per cent, to settle at 74,382.24. During the day, it rallied 2,455.77 points, or 3.40 per cent, to 74,534.82.

'Markets To Undergo Time Correction'

'Markets To Undergo Time Correction'

Rediff.com24 Oct 2024

'Future market gains will likely depend primarily on earnings growth.'

Invest In Stocks, Gold Or Bitcoin?

Invest In Stocks, Gold Or Bitcoin?

Rediff.com17 Jul 2024

'We expect market consolidation and recommend buying during market dips.'

India in sweet spot as commodity prices are on uptick

India in sweet spot as commodity prices are on uptick

Rediff.com26 Jan 2021

The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.

Are agricultural commodity prices peaking out?

Are agricultural commodity prices peaking out?

Rediff.com29 Aug 2012

We are very close to the peak and may well be in for another leg to the correction that commenced in May 2011, says Sonali Ranade

Out of jail, Hemant Soren declares 'rebellion' to drive out 'feudal forces

Out of jail, Hemant Soren declares 'rebellion' to drive out 'feudal forces

Rediff.com30 Jun 2024

Soren, addressing a rally in Bhognadih on the occasion of 'Hul Diwas', also claimed that the saffron party has turned 'jittery' after his release from jail and its leaders are 'conspiring' against him again.

Why are gold prices rising? Chris Wood of Jefferies explains

Why are gold prices rising? Chris Wood of Jefferies explains

Rediff.com22 Apr 2024

Gold prices have been on an uptrend in the last few months, rising nearly 28 per cent to $2387 per ounce now. This rise in gold price, according to Christopher Wood, global head of equity strategy at Jefferies, is attributed to the demand from China amid lack of investor euphoria as regards the yellow metal. "Recent developments show a distinct lack of investor euphoria as regards gold, the question remains what is driving the current rally.

Denied nod in Delhi, Cong shifts anti-inflation rally to Jaipur

Denied nod in Delhi, Cong shifts anti-inflation rally to Jaipur

Rediff.com1 Dec 2021

The Congress has decided to hold its public rally against inflation in Jaipur on December 12 after the Delhi Police denied it permission to host the rally in the national capital.

Sensex slumps 520 points after 9-day rally, Infy down 9 pc

Sensex slumps 520 points after 9-day rally, Infy down 9 pc

Rediff.com17 Apr 2023

Equity benchmark indices Sensex and Nifty buckled under selling pressure after a nine-session rally on Monday, as massive sell-off in IT, tech and telecom counters unnerved investors.

Stock markets close lower on fag-end selling in banking, IT shares

Stock markets close lower on fag-end selling in banking, IT shares

Rediff.com30 Apr 2024

From the Sensex basket, Tech Mahindra, Tata Steel, JSW Steel, HCL Technologies, Tata Consultancy Services, Larsen & Toubro and Kotak Mahindra Bank were the biggest laggards. Mahindra & Mahindra, Power Grid, Bajaj Finance, IndusInd Bank and Maruti were the major gainers.

Rs 14,367 Crore: July's Record SIP Outflows

Rs 14,367 Crore: July's Record SIP Outflows

Rediff.com17 Aug 2024

'Those satisfied with returns and not expecting further rally could be booking profits and also stopping SIPs.'

Quality booze at low prices: TDP's poll promise

Quality booze at low prices: TDP's poll promise

Rediff.com7 Apr 2024

TDP supremo N Chandrababu Naidu consistently emphasises, among others, the issue during his campaign, alleging that the state has been supplying poor quality liquor while profiting immensely from 'inflated' prices, running to thousands of crores of rupees.

Investors richer by over Rs 5.77 lakh cr as markets rally

Investors richer by over Rs 5.77 lakh cr as markets rally

Rediff.com21 Jun 2022

Equity investors became richer by over Rs 5.77 lakh crore on Tuesday, helped by a rally in the broader market where the BSE benchmark jumped nearly 2 per cent. The BSE Sensex zoomed 934.23 points or 1.81 per cent to settle at 52,532.07. Driven by the rally in equities, the market capitalisation of BSE-listed firms jumped by Rs 5,77,006.83 crore to stand at Rs 2,40,63,930.50 crore. "Absence of fresh selling triggers in the domestic and global economy along with falling commodity prices relieved the heavily discounted equity market to showcase recovery.

BSE Sensex: 10 biggest single-day falls

BSE Sensex: 10 biggest single-day falls

Rediff.com4 Jun 2024

Among the 30 Sensex companies, Larsen & Toubro, Power Grid, NTPC, State Bank of India, Reliance Industries and HDFC Bank were the biggest laggards. Sun Pharma and Nestle were the only gainers.

MFs own larger slice of small and midcap stocks

MFs own larger slice of small and midcap stocks

Rediff.com10 Apr 2024

Retail investors now own a larger share of smallcap companies than they did a year ago, thanks to their conviction in mutual fund (MF) schemes focused on this segment. Data from Capitaline shows that MFs' average holding in the National Stock Exchange Nifty Smallcap 250 Index stood at 9 per cent at the end of the October-December quarter of 2023-24 (FY24), up from 7.76 per cent in the same quarter of 2022-23.

Sensex closes up 230 points on buying in index heavyweights

Sensex closes up 230 points on buying in index heavyweights

Rediff.com26 Dec 2023

Among the Sensex firms, NTPC, Mahindra & Mahindra, Wipro, Kotak Mahindra Bank, Tata Steel, Asian Paints, Bharti Airtel, Power Grid, Titan and HDFC Bank were the major gainers. Bajaj Finance, Bajaj Finserv, Infosys, Tata Consultancy Services, Tata Motors and HCL Technologies were the laggards.

Markets extend rally to 3rd day; Sensex climbs over 300 points

Markets extend rally to 3rd day; Sensex climbs over 300 points

Rediff.com8 Jul 2022

Benchmark indices gained for the third day running on Friday, with the Sensex climbing over 300 points amid mixed global market trends. The 30-share BSE benchmark advanced 303.38 points or 0.56 per cent to settle at 54,481.84. During the day, it jumped 448.68 points or 0.82 per cent to 54,627.14. The broader NSE Nifty went higher by 87.70 points or 0.54 per cent to end at 16,220.60.

Commodities break down as dollar gains strength

Commodities break down as dollar gains strength

Rediff.com4 Mar 2013

There is no indication that the rally in the dollar is likely to end soon, says Sonali Ranade

Investors richer by Rs 9.68 lakh cr in five days

Investors richer by Rs 9.68 lakh cr in five days

Rediff.com15 Jan 2024

Dalal Street investors became richer by Rs 9.68 lakh crore in five days of market rally, where the Sensex breached the historic 73,000-mark for the first time ever to reach a new record peak, taking the market capitalisation of BSE-listed companies to an all-time high of Rs 376 lakh crore. The 30-share BSE Sensex jumped 759.49 points or 1.05 per cent to settle at a new closing high of 73,327.94 on Monday. During the day, it zoomed 833.71 points or 1.14 per cent to reach its all-time peak of 73,402.16.

ED arrests Lalu Prasad's close aide Subhash Yadav in sand mining case

ED arrests Lalu Prasad's close aide Subhash Yadav in sand mining case

Rediff.com10 Mar 2024

ED officials said that Subhash was produced before a special PMLA court on Sunday morning and was sent to judicial custody.

Sensex rallies 346 points, Nifty nears 17,100

Sensex rallies 346 points, Nifty nears 17,100

Rediff.com29 Mar 2023

Among the Sensex firms, HCL Technologies, Tata Motors, Hindustan Unilever, NTPC, IndusInd Bank, Bajaj Finserv, Bajaj Finance and Mahindra & Mahindra were the major gainers. Bharti Airtel, Reliance Industries, ICICI Bank and Asian Paints were the laggards.

Sensex climbs Mount 72K for first time; Nifty hits all-time high

Sensex climbs Mount 72K for first time; Nifty hits all-time high

Rediff.com27 Dec 2023

Among the Sensex firms, UltraTech Cement, JSW Steel, Tata Motors, Bharti Airtel, State Bank of India, Larsen & Toubro, Infosys and Bajaj Finserv were the major gainers. On the other hand, NTPC and Tech Mahindra were the laggards.

5-term PM Sheikh Hasina's dramatic fall!

5-term PM Sheikh Hasina's dramatic fall!

Rediff.com5 Aug 2024

Sheikh Hasina, who was elected for a record fourth consecutive term and fifth overall term this year, was always admired by her supporters as "Iron Lady", before the dramatic development that abruptly ended her 15-year-rule in Bangladesh.

Punjab govt gives Rs 2 lakh compensation to 83 held for R-day tractor rally

Punjab govt gives Rs 2 lakh compensation to 83 held for R-day tractor rally

Rediff.com13 Nov 2021

Punjab Chief Minister Charanjit Singh Channi on Friday announced to provide Rs 2 lakh as compensation to 83 people arrested by Delhi Police for carrying out a tractor rally in the national capital on January 26.

PSU stock froth persists: Q4 test for financial endurance

PSU stock froth persists: Q4 test for financial endurance

Rediff.com28 Mar 2024

Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.

Most commodities have risen 30-50% in the last one year

Most commodities have risen 30-50% in the last one year

Rediff.com6 Sep 2017

Indian industry will have to deal with high raw material prices, and user industries will see their costs rising though with a lag in some cases.

Red hot chillies spice up poll battle in Guntur

Red hot chillies spice up poll battle in Guntur

Rediff.com13 May 2024

'It is a fiercely fought battle, like our fiery chillies in Guntur.'