Indian equity benchmarks the 30-pack Sensex and the broad-based Nifty continued to see strong selling on January 18, extending losses to a third session as all sectors traded in the red.Sluggish global cues, sharp selling in frontline banks, and information technology stock together pulled down the market, a day after it had its worst day in 19 months.At 10.30 am, the Sensex was down 449.57 points...

Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading flat on Wednesday despite positive global cues, while the silver rate is up 0.29%. On Multi Commodity Exchange, gold April futures were trading at Rs 55,722 per 10 grams, down Rs 34 or 0.06%. Silver May futures were trading higher by Rs 186 at Rs 64,809 per kg on MCX.Globally, the yellow metal prices edged up for a th...

India’s economy is estimated to have grown at 4.4% on-year in the fiscal third quarter, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and favourable base faded away, the government data showed today. A Reuters poll of analysts had expected India’s Q3FY23 GDP would probably grow at 4.6% year-on-year. Previously, the cou...

“Factors” and Factor Investing are getting increasingly popular in the Indian market. A “Factor” is a differentiating characteristic of a stock that delivers excess returns. These factors are deep-rooted rationales for outperformance that have lasted over decades. While “factor investing” usually requires a lot of data and numbers, factors are very intuitive to understand for a regula...

As China begins lifting its zero-Covid policy, Indian shares rallied buoyed by the metals pack. With the hopes of a revival in demand in China, the Nifty Metal index rose 4.23% in trade on Tuesday, extending its rally for the second consecutive session. Increased domestic expenditure on infrastructure and optimistic Q3FY23 expectations are also fuelling the sector’s rally. Jindal Steel & Power, ...