The benchmark indices saw profit booking after hitting new highs, closing in the red on July 10, with negative breadth. About 1,640 shares declined, while 694 shares advanced on the NSE. The Nifty 50 failed to sustain 24,400 on a closing basis. If the index breaks 24,200, the immediate support, then selling pressure may extend to 24,000. On the higher side, the resistance is placed at 24,460. Here...

The bulls want an excuse to celebrate. And that is the case not just in India, but in the US as well. The S&P 500 and Nasdaq hit record highs even as the Fed has forecast just one rate cut for the rest of the year, against three predicted at the earlier meeting in March this year. What does that mean for India? Firstly, while interest rates are high in India, there is not so much a talking point f...

Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading flat on Monday as a result of mixed global cues, while the silver rate is up 0.21%. On Multi Commodity Exchange, gold April futures were trading at Rs 57,229 per 10 grams, down Rs 50 or 0.09%. Silver March futures were trading higher by Rs 141 at Rs 68,470 per kg on MCX. Globally, the yellow metal prices remained stea...

BSE Sensex and Nifty 50 were one again looking to see a gap-up start on Tuesday, after closing at their highest levels since 19 January 2021. Nifty futures were trading 101.50 points or 0.6 per cent at 18,198.50 on Singaporean Exchange. BSE Sensex ended higher by 1,335.05 points or 2.25% at 60,611.74, and the broader Nifty 50 gained 382.95 points or 2.17% to close at 18,053.40. This week RBIâ€...

Here are the top ten stocks that could be in news today:Tata Consultancy Services: The IT major will announce its December quarter earnings today. Analysts expect TCS to report a dollar revenue growth of 3.5% sequentially in constant currency. Emkay Global expects Infosys to revise its FY22 revenue growth guidance to 17.5-18.0% in constant currency from 16.5-17.5% currently. Wipro: The company th...