by Vasu Jit Kalia | July 31, 2024 | Market Analysis & Commentary, Markets
Of late, the lab-grown diamond market is going through a rough patch as the prices have dropped significantly from $300 a carat in July 2022 to $78 a carat recently. Even the natural diamonds experienced a 25-30% price drop, this can be attributed to the majority of...
by Vasu Jit Kalia | July 29, 2024 | Stocks & Bonds
Shares of Mitsubishi Motors (7211.T) showed an upward swing on Monday following media reports that the Japanese automaker is in talks with Nissan (7201.T) and Honda (7267.T) for planned strategic partnership. Nissan and Honda said in March they were looking at...
by Vasu Jit Kalia | July 26, 2024 | Market Analysis & Commentary
The Kingdom of Saudi Arabia emerged as the leading issuer in GCC bond market by raising $37 billion (Dh135.8 billion) through 44 issuances during the first half of 2024. As per the Markaz GCC Bonds and Sukuk Market report the GCC primary issuances came to $75.5...
by Vasu Jit Kalia | July 26, 2024 | Market Analysis & Commentary, Markets
Mumbai, July 26 (IANS) Indian equity indices opened in the green on Friday following positive global cues. At 9.43 a.m., Sensex was up 329 points or 0.41 per cent, at 80,373 and Nifty was up 118 points or 0.48 per cent, at 24,524. Buying is seen in the broader...
by Vasu Jit Kalia | July 24, 2024 | Commodities, Markets
In the recently presented Indian Union Budget 2024 Indian Finance Minister Nirmala Sitharaman had cut customs duty to 6% on Gold and Silver and the duty on platinum was reduced to 6.4 %. Elaborating further on this the Indian Finance Minister Nirmala Sitharaman in her...
by Vasu Jit Kalia | July 23, 2024 | Market Analysis & Commentary, Markets
Mumbai, July 23 (IANS) Indian equity indices made a smart recovery from the day’s lows and closed flat on Tuesday, following robust budget announcements. At closing, Sensex was down 73 points or 0.09 per cent, at 80,429 and Nifty was down 30 points or 0.12 per...
