by Vasu Jit Kalia | July 19, 2024 | Commodities
The prices of the yellow metal in Dubai jumped to a record high on July 17, 2024 evening, crossing Dh300 per gram. As per the data of The Dubai Jewellery Group 24K was selling for Dh300.50 per gram late in the evening. Whereas 22K, 21K and 18K were selling for...
by Jennifer George | July 18, 2024 | Industry, News, Stocks & Bonds, Technology, Trending Now
As global demand for AI chips skyrockets in 2024, TSMC has emerged victorious. Earlier this month, Taiwan Semiconductor Manufacturing Company exceeded revenue and profit projections in Q2, raising $247.85 billion in net income and $20.82 billion in revenue. The surge...
by Vasu Jit Kalia | July 18, 2024 | Stocks & Bonds
Mumbai, July 18 (IANS) Indian equity indices opened in the red on Thursday following profit-booking midcap and smallcap stocks. At 9:46 a.m., Sensex was down 102 points or 0.13 per cent, at 80,608 and Nifty was at 24,588, down 17 points or 0.07 per cent. Selling is...
by Vasu Jit Kalia | July 17, 2024 | Markets, Stocks & Bonds
Mumbai, July 17 (IANS) Asian Paints on Wednesday reported a 25 per cent decline in its consolidated net profit, to Rs 1,170 crore, for the April-June quarter of 2024-25, compared to the same period of the previous year. The company’s revenue from operations fell by 2...
by Jibran Munaf | July 17, 2024 | Commodities, Market Commentary, News
Gold hit another record as traders placed stronger bets on Federal Reserve rate cuts this year and weighed an uncertain outlook for US politics. Bullion advanced in Asia hours to touch an all-time high of $2,475.81 an ounce on Tuesday, following a 1.9% jump in the...
by Vasu Jit Kalia | July 17, 2024 | Market Analysis & Commentary
The Indian equity market experienced one of the best weeks of 2024, with the Nifty and Sensex reaching all-time highs of 24,592.20 and 80,893.51, respectively, before closing at 24,502.15 and 80,519.34. This marked gains of 0.73 per cent for the Nifty and 0.65 per...
