It has mostly been a one-way street for smallcap stocks that have taken it on their chin thus far in February. The Nifty Smallcap 250 index has shed 3.2 per cent in the current month as compared to the 1.8 per cent decline in the Nifty Midcap 100 and the 0.5 per cent drop in the Nifty 50 index, data showed. Technically, the index has slipped below its 20-day moving average (DMA) placed at 14,800 levels on Monday, and is currently testing the 50-DMA, and is placed at 14,278 levels.
The win took the Highlanders to the second spot with eight points as they remained unbeaten from four matches.
Traders said slackened demand from jewellers and appreciating rupee, which made import of precious metal cheaper, weighed on gold prices but a better trend in the global markets restricted the losses.
Double Olympic medallist PV Sindhu, Commonwealth Games gold medallist Lakshya Sen, Tokyo Olympic B Sai Praneeth and Ruthvika Shivani Gadde will be in action later on Wednesdat.
P V Sindhu and Aakarshi Kashyap advanced to the women's singles second round at the Denmark Open Super 750 badminton tournament.
After a technology upgrade, the Multi Commodity Exchange of India (MCX) appears poised for an improvement in volumes. The premier commodity and forex exchange reported a loss of Rs 19.1 crore in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). This was attributed to higher software charges payable under an extended service agreement with 63 moons technologies and a one-off cost towards core guaranteed funds (CGF).
Sakshi Malik revealed that her family is getting threats.
IMAGES from the WPL final between Delhi Capitals and Royal Challengers Bangalore on Sunday
Roshibina had won a bronze in the 2018 edition at Jakarta.
Gold demand fell 15 percent in 2013 as huge outflows from physically backed investment funds outweighed record consumer demand, but that heavy disinvestment is tailing off this year, pointing to a recovery, the World Gold Council said.
Gold demand fell 15 percent in 2013 as huge outflows from physically backed investment funds outweighed record consumer demand, but that heavy disinvestment is tailing off this year, pointing to a recovery, the World Gold Council said.
India thrashed lowly Nepal 3-0 in the quarter-finals to secure a historic medal after 37 years in the men's team badminton event at the Asian Games.
Her frequent losses in the finals and the accompanying criticism does not affect ace shuttler PV Sindhu, who, on Saturday, said playing in the summit showdown of a tournament itself is 'a big achievement'.
Gold and silver have been shining bright in terms of adding to the investors' wealth compared with the other asset class -- stocks -- so far this year.
Gold in Singapore advanced as much as 1 per cent to $1,202.08 an ounce.
Gold prices in India have been escalating very fast of late and in the last week of April, it scaled a new peak by adding Rs 50 to a record price of Rs 22,520 per 10 grams.
Divyansh Singh Panwar would have gone through an entire gamut of emotions in the last two days of the Asian Games in Hangzhou.
Key drivers of profitability for Zomato has not witnessed remarkable growth, the management believes the venture will turn profitable in the long term.
Gold import from the UAE at a lower rate of duty -- in terms of an agreement -- has posed a survival challenge for the Indian refining industry while hurting the price discovery of the metal, with the India International Bullion Exchange starting operations at GIFT City. The problem has arisen after the government signed the Comprehensive Economic Partnership Agreement (CEPA) with the UAE. Under it, Indian jewellery manufacturers have been allowed to import gold at a concessional rate of 14 per cent against 15 per cent, which is normal.
The government on Monday reduced the import tariff value of gold to $458 per 10 grams due to fall in its global prices.
WFI decided that it will seek a dialogue with the Sports Ministry for revocation of its suspension, saying it does not want a clash with the government and the legal options will be explored only if talks fail.
Set to return after an injury-induced break, two-time Olympic medallist PV Sindhu is aware the road to Paris will be "challenging" and she needs to be "smarter" in her pursuit of coveted gold medal in the French capital.
On the domestic front, gold of 99.9 and 99.5 per cent purity plunged by Rs 290 each to Rs 30,310 and Rs 30,110 per ten grams, respectively.
Star Indian shuttlers Satwiksairaj Rankireddy and Chirag Shetty fought valiantly before going down to the Chinese duo of Liang Wei Keng and Wang Chang in an exciting men's doubles final of the China Masters Super 750 tournament
Disappointed not to get gold but bronze means a lot: Prannoy
While choosing this, approach local jewellers to avoid high deductions by branded jewellers.
Globally, gold added 0.4 per cent to $1,163.73 an ounce in Singapore.
Men joined the gold quest through Gaurav Solanki (52kg) and Vikas Krishan (75kg) as the team rejoiced its best ever medal haul at the mega-event on Saturday.
rediffGURU Nikunj Saraf suggests considering small-cap, mid-cap, and multi-cap mutual funds.
They have sought data from these companies on loss absorption capacity in case of a fall in gold prices and higher defaults.
Summary of sports events and persons who made news on Thursday
Supply through recycling of used gold declined to around 10 tonnes in the second quarter of the current calendar year.
Lakshya Sen went down fighting against reigning All England champion Li Shi Feng of China in the men's singles semi-finals.
India's gold obsession needs a correction.
'The others have been looting the people all these years. If you don't do that, you can do a lot for the people,' says Tamil star politician Vijayakanth.
The protesting wrestlers will not face any sort of vendetta politics and they will get the required support from the new federation, outgoing WFI chief Brij Bhushan Sharan Singh said on Thursday after the panel backed by him emerged victorious in the keenly-followed elections.
Sindhu says the path to the Tokyo Olympic gold will be a tough one as now her opponents will look to exploit her weaknesses and she will need to add something new to her game to achieve success.
''The outcome of the state polls may lead to some strategy-related permutations and combinations and the markets may extrapolate it to the likely outcome in the general elections.'
Gold prices extended losses for the fourth straight day by losing Rs 325 to Rs 31,100 per ten grams on stockists selling.
The prices of yellow metal declined despite the ongoing token buying for the auspicious festival of Dhanteras.
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