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[ Rupa-Burman-Roy ]
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Sensex rises over 2,500 points this week; 5 key factors that triggered rally
Rupa Burman Roy
October 9, 2020
For the second time in a row, RBI maintained status quo in the face of high inflation, and left the repo rate unchanged but maintained an accommodative stance
Sensex ends 300 points higher, Nifty at 11,834; Wipro, Cipla, TCS top performers
Rupa Burman Roy
October 8, 2020
Most Asian equities closed higher today, tracking an overnight surge on Wall Street. US stocks rose sharply yesterday after US President Donald Trump tweeted support for aid to airlines and other stimulus measures
Gold price steadies post recent fall; silver back above Rs 60K mark
Rupa Burman Roy
October 8, 2020
Gold, Silver prices today: Spot gold was steady at $1,884.64 per ounce, after rising 1.1% in the previous session. US gold futures were down 0.22% at $1,887
Sensex ends 304 points higher, Nifty at 11,738; Titan, ONGC, Bajaj Auto top gainers
Rupa Burman Roy
October 7, 2020
Overseas, most Asian indices except Singapore's SGX Nifty and Japan's Nikkei ended the day with gains, while European markets traded marginally in the red territory
Gold price falls on weak global cues; silver rates below Rs 60K mark
Rupa Burman Roy
October 7, 2020
Gold, Silver prices today: Overseas, gold futures traded near a one-week low hit in the previous session after President Trump halted negotiations with the US Congress on a large coronavirus stimulus bill
Sensex rises 600 points, Nifty closes at 11,662: Five factors behind the rally
Rupa Burman Roy
October 6, 2020
Banking and financial stocks rallied and traded as the top gainers today, followed by heavy buying in realty and media index, while metals, pharma and FMCG ended marginally bearish
Sensex ends 276 points higher, Nifty at 11,503; IT, pharma stocks outperform
Rupa Burman Roy
October 5, 2020
Domestic markets also traded buoyed today backed by the announcement by the Ministry of Home Affairs (MHA), on Unlock 5.0 guidelines, further relaxing curbs on activities outside of containment zones
Gold price falls on weak global cues; silver rates at Rs 60,400
Rupa Burman Roy
October 5, 2020
Gold, Silver prices today: Overseas, Spot gold was trading flat at $1,896.21 per ounce and U.S. gold futures were down 0.3% at $1,902, while Comex gold was trading 0.44% lower at $1,891 per ounce
Sensex ends 629 points higher, Nifty at 11,416; Bajaj Auto, IndusInd Bank top gainers
Rupa Burman Roy
October 1, 2020
Sectorally, all the indices were trading in the green territory, with over 3.5% gain registered in banks and private banking index, and 2,5% growth seen in metals and FMCG index
Sensex ends 94 points higher, Nifty at 11,226; Titan, Dr Reddy's, Nestle top gainers
Rupa Burman Roy
September 30, 2020
On the currency front, the Indian rupee settled 10 paise higher at 73.76 against the US dollar on Wednesday as against Tuesday's close of 73.86 against the greenback, supported by positive domestic equities
Gold price falls amid strong dollar; silver rates at Rs 61,200
Rupa Burman Roy
September 30, 2020
Gold, Silver prices today: Overseas, Spot gold fell 0.5% to $1,889.66 per ounce, after hitting a one-week high of $1,899.12 earlier in the session. U.S. gold futures were down 0.4% at $1,895.40, while Comex gold was trading 0.20% lower at $1,890 per ounce.
Sensex, Nifty close flat; ONGC, Axis Bank, HCL Tech top losers
Rupa Burman Roy
September 29, 2020
Asian markets that opened bullish today ended lower for the day. European markets traded in the red as investors fretted over another wave of the coronavirus pandemic that can spark tighter lockdown measures
Gold price trades above Rs 50,000 post six-day fall; Silver at Rs 60,000
Rupa Burman Roy
September 29, 2020
Gold, Silver prices today: Global rates of the bullion metal gained marginally as US dollar retreated from a two-month high of 94.745 reached last week, making gold cheaper for holders of other currencies
Sensex rises 592 points, Nifty closes above 11,225 on hopes of economic stimulus
Rupa Burman Roy
September 28, 2020
Asian markets began the fresh trading week with modest gains after data released Sunday showed China's industrial enterprises grew for a fourth consecutive month. European stocks turned positive, tracking global rally
Sensex falls 1,114 points, Nifty ends at 10,805: Seven factors behind the market crash today
Rupa Burman Roy
September 24, 2020
Amid the expiry of September futures & options contracts today, all sectors traded with high volatility and ended deep in red, with 4.2% fall registered in IT and Metal, followed by almost 2% drop in other sectors
Mukesh Ambani's Reliance Industries gives 172% returns in 6 months and it's not done yet
Rupa Burman Roy
September 24, 2020
Having a significant play in the Indian economy, RIL, through its enormous customer base in telecom and retail has been the safest bet for investors in such volatile times
Gold price slips for fourth day, silver rates at Rs 56,500
Rupa Burman Roy
September 24, 2020
Gold, Silver prices today: Amid concerns over fresh rounds of coronavirus-induced lockdowns across Europe and Britain, precious metals continued falling for the fourth straight session overseas
Sensex ends 65 points lower, Nifty at 11,131, Airtel, Tata Steel top losers
Rupa Burman Roy
September 23, 2020
Overseas, Australian markets were leading the gainers, while most Asian markets closed marginally higher. However, a delay in new US fiscal stimulus by Congress and an increase in the number of coronavirus cases kept gains checked
Should you buy Reliance Industries stock for less than Rs 2,250?
Rupa Burman Roy
September 23, 2020
The stock hit its 52-week low of Rs 867.82 on March 23, 2020. Since then, RIL- India's most-valued company-has seen its stock jump 172% to its all-time high of Rs 2,368.80 on September 16, 2020.
Sensex, Nifty tumble 2% as rising COVID-19 cases spook investors
Rupa Burman Roy
September 21, 2020
IndusInd Bank, followed by Bharti Airtel, Tata Steel, ICICI Bank, M&M, Maruti, Axis Bank and ONGC were the top losers on Sensex. On the other hand, Kotak Bank, Infosys and TCS were the gainers
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