Rupa Burman Roy

Prices further weakened after the 10 years US Treasury yield increased above 1%, its highest levels since March as Democrat control of the US Senate raised the prospects of large stimulus measures

Gold price plummets by Rs 2,000 on rising bond yields, dollar; silver rates at Rs 63,800

by Rupa Burman Roy |Jan 9, 2021

On Multi Commodity Exchange of India (MCX), gold futures for February slumped 4% or Rs 2,086 to Rs 48,818 per 10 gram while silver futures tanked Rs 6,112 or 8.8% to Rs 63,850 per kg

During the week, Sensex and Nifty have gained by 439 points or 1.01% and 139 points or 1.09%, respectively

Sensex rises 282 points, Nifty ends above 12,850; banking stocks lead gains

by Rupa Burman Roy |Nov 20, 2020

Among sectors, barring media and pharma, all the sectors closed in green territory, with banking, financials, IT, and FMCG closing above 1% each

Moreover, stock exchanges in Europe also opened with sharp losses, after seeing such a sharp rally since the beginning of November, which led to trend reversal in the domestic market as well

Sensex falls 580 points, Nifty at 12,771 on weak global cues

by Rupa Burman Roy |Nov 19, 2020

Equities also stepped back after soft US retail sales data. Economic restrictions after the closure of the public school system in New York also kept sentiments tepid today across all markets, leading...

The bullion rose in the morning trade today after President-elect Joe Biden called on Congress to come together and pass a new coronavirus relief package in the US

Gold trades near 50K, silver rates reach Rs 63,300

by Rupa Burman Roy |Nov 17, 2020

Gold, Silver prices today: Gold December Futures on the Multi Commodity Exchange traded at Rs 50,854, after yesterday's close of Rs 50,830, after hitting an intraday low and high of 50,738 and 50,888,...

According to the World Gold Council (WGC), gold demand in India thus far in CY20 stands at 252 tonnes, as compared to 496 tonnes in the same period last year

Gold price gains 31% since last Dhanteras: How to trade in yellow metal going ahead

by Rupa Burman Roy |Nov 13, 2020

As per Pre-Diwali Dhanteras sales of gold and silver, the overall business is likely to be muted amid current high rates and subdued demand due to the COVID-19 induced economic hardship

IndusInd Bank, followed by Bharti Airtel, ICICI Bank, Axis Bank, PowerGrid, Tata Steel and HDFC Bank were among the top gainers on Sensex

Sensex, Nifty close at record highs as Joe Biden wins US election

by Rupa Burman Roy |Nov 9, 2020

Among sectoral indices, banking indices closed 2-3% higher today, followed by a 1.8% gain in metal and 1.5% in IT, metal. Barring metal index, all sectors ended in the green

Markets were bouyed globally today, ahead of the US Presidential election which is expected to shape the government's response and actions for turning around the economy

Sensex reclaims 40K mark, Nifty ends above 11,800: Five factors behind the rally

by Rupa Burman Roy |Nov 3, 2020

Banking, finance sectors stocks were in heavy demand today after the Supreme Court said it would hear the loan moratorium on Nov 5, which many believe will be in the favour of banks

The initial rise in share value was backed by the board's announcement of Rs 2,275 crore buyback plan

NTPC share price falls over 6% post Q2 earnings

by Rupa Burman Roy |Nov 3, 2020

Earlier, the NTPC stock opened with a gain of 3.19% to hit an intraday high of Rs 92.1. However, NTPC shares erased early gains and fell 6.72% to intraday low of Rs 83.25 as against the last closing o...

Share Market news and Update for upcoming week: What to expect from stock market in the upcoming week

Week Ahead in Share Market: 5 things you need to know for the upcoming week

by Rupa Burman Roy |Oct 31, 2020

Stock Market Update for upcoming week: During the week, the 30-share BSE index Sensex and NSE Nifty 50 fell by 1071 points and 288 points, respectively