SmartMoneyFS

Comments

Post a Comment

Popular posts from this blog

Share market update: Nifty Private Bank index rises; RBL Bank up over 1%

Image
NEW DELHI: Shares of private sector banks were trading in the positive zone with the Nifty Private Bank index up 0.14 per cent at 15,188.20 around 02:54 pm on Thursday.  Shares of RBL Bank (up 1.49 per cent), Federal BankNSE 1.78 % (up 1.14 per cent) and IndusInd Bank (up 0.88 per cent) were trading higher .  South Indian Bank (up 0.33 per cent), ICICI Bank (up 0.22 per cent) and YES Bank (up 0.20 per cent) too were trading with gains.  Benchmark NSE Nifty50 index was up 62.50 points at 10,792.35 while the BSE Sensex was up 225.51 points at 35,875.45.  Among the 50 stocks in the Nifty index , 26 were trading in the green, while 23 were in the red.  Shares of YES Bank, Indian Oil Corp, Bank of Baroda, Infosys, Idea Cellular, SBI, Vedanta, RIL, BEL and ONGC were among the most traded shares on the National Stock Exchange.  For More Details, You Can Contact On:  HELPLINE NO: +91-9770099099 For Free Trial:  http...
Read more

Gold prices to trade higher today: Angel Commodities

Image
According to Angel Commodities ,Last week, spot gold prices increased by 0.43 percent to trade at $1226. However, gold prices touched a low of $1217 as dollar slipped on account of the uncertainty of pace of future rate hikes by US FED. Angel Commodities' report on Gold Last week, spot gold prices increased by 0.43 percent to trade at $1226. However, gold prices touched a low of $1217 as dollar slipped on account of the uncertainty of pace of future rate hikes by US FED. The recently announced core durable goods data and unemployment claims for the previous week reiterated the weakness in us dollar. Earlier during the week US FED comments on slowing down of the rate hike cycle dragged down the US dollar in turn pushing up the yellow metal. The yellow metal gained during the week on account of continued weakness in US dollar evident during the week. On MCX, gold prices decreased by 0.47 percent to cl ose at Rs. 30860. Outlook We expect gold prices to trade higher as...
Read more

Gold holds steady on Fed interest rate hike uncertainty

Image
Gold prices held recent gains in early Asian trade on Friday on lingering doubts over the pace of rate hikes by the US Federal Reserve, putting the metal on track for a second straight weekly gain.  Fundamentals  Spot gold was steady at $1,226.38 per ounce at 0104 GMT. The metal was ahead for a second straight week, up around 0.4 per cent after a 1 per cent gain last week.  US gold futures were little changed at $1,226.9 per ounce.  The Fed is widely expected to impose its fourth rate hike of 2018 in December, but investors have concerns over how many rate hikes the central bank can implement next year without risking a slowdown in the domestic economy.  China rejected fresh US accusations of perpetuating "unfair" trade practices and urged Washington on Thursday to stop making provocations, showing little sign of backing down days ahead of the G20 summit.  US-China trade tensions are likely to dominate the summit of the world's 20 biggest ...
Read more