Hitting out at West Bengal chief minister Mamata Banerjee, Union home minister on Tuesday alleged that she did not attend the Ram temple inauguration ceremony in Ayodhya due to fear of losing out on her 'infiltrator' vote bank.His remarks came while addressing a rally at Memari in Purba Bardhaman district.The senior Bharatiya Janata Party (BJP) leader further said that this Lok Sabha election is a...
The US markets pared away from the previous day’s gains and declined marginally on April 30 as investors await the reports on the employment cost index for the first quarter (Q1) and consumer confidence, to be released later during the day. At 8:15 pm, the S&P 500 was down 0.21 percent at 5,105.33 and the Nasdaq Composite also declined 0.21 percent to 15,949.23. The Dow Jones Industrial Average ...
Gold prices lingered near a four-week low on Wednesday, with investors turning their attention to the outcome of the U.S. Federal Reserve's policy meeting for more signals on its rate cut timeline.FUNDAMENTALS* Spot gold was little changed at $2,288.21 per ounce as of 0023 GMT. Prices fell as much as 2% to their lowest level since April 5 on Tuesday, due to an uptick in the dollar and U.S. Treasur...
Oil prices fell for a third day on Wednesday on rising crude inventories and production in the U.S., the world's biggest oil consumer, along with increasing hopes of a ceasefire agreement in the Middle East.Brent crude futures for July fell 47 cents, or 0.5%, at $85.86 a barrel by 0005 GMT. U.S. West Texas Intermediate crude for June declined 53 cents, or 0.6%, to $81.40 per barrel.U.S. crude oil ...
By Om Mehra, technical analyst at Samco SecuritiesThe Indian market has stood strong, outpacing major global indices, as evidenced by the Nifty's 1.24 percent surge in April. In the last five years, the conventional 'Sell in May and Go Away' approach has demonstrated diminished effectiveness—in 2019, an election year, the month of May yielded a positive return of 1.49 percent.So far, the Q4 resu...
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