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Gold, silver prices today: Comex extends weekly losses amid renewed Middle East tensions
Precious metals saw volatility on July 10, with COMEX gold and silver futures declining due to renewed Middle East tensions and concerns over rising interest rates. Gold fell to an intraday low of $4,081, while silver dropped to $59.25, both recording weekly losses.
Rekha Jhunjhunwala portfolio stock: VA Tech Wabag zooms 117% from Jan low
In the past one month, VA Tech Wabag has outperformed the market by surging 44 per cent, as compared to 4.2 per cent rise in the Nifty 50.
Blue Jet Healthcare shares rally 9% after Rs 800 crore QIP allotment
Blue Jet Healthcare shares rose sharply on Friday after the company completed its Rs 800 crore QIP, attracting marquee institutional investors, including multiple ICICI Prudential Mutual Fund schemes. The fund raise is expected to strengthen the company's balance sheet, support expansion plans, and boost long-term growth prospects while broadening its institutional shareholder base.
Rs 5 lakh crore wealth boost! Top 5 factors fuelling today's 800-point Sensex rally
Indian stock markets experienced significant gains on Friday, with Sensex and Nifty rising over one percent. Strong first-quarter earnings from TCS boosted investor sentiment, leading IT stocks higher. Positive global market trends and a decline in market volatility also contributed to the rally. Despite escalating Iran-US tensions, markets largely ignored the geopolitical developments. Analysts anticipate continued economic resilience and positive sector-specific responses moving forward.
INR settles higher, supported by good recovery in local equities
The Indian rupee appreciated by 7 paise to settle at 95.41 (provisional) against the US dollar on Thursday even as crude oil prices firmed up and the greenback strengthened in the global markets. A recovery in the stock markets and dollar selling by state-run lenders supported the local currency amid rising volatility triggered by the fresh escalation in the West Asia crisis. At the interbank foreign exchange market, the rupee opened lower by 4 paise at 95.52 against the US dollar and later traded in the range of 95.58 to 95.28 during the day. It settled at 95.41 (provisional), up 7 paise from the previous close. The rupee had declined by 52 paise to settle at 95.48 against the US dollar on Wednesday. Indian shares ended modestly higher on Thursday, after having fallen heavily in the previous session amid escalating hostilities in the Middle East. At the close of the market, the NSE Nifty 50 advanced 80.75 points (0.34%) to settle at 23,962.80, while the BSE Sensex gained 238.22 ...
INR tumbles further as renewal of war is seen driving oil prices and inflation higher
The Indian rupee slumped further in opening trades on Thursday as international crude oil prices rebounded as US President reportedly threatened to bomb Iran for a second day and reimpose the US naval blockade in retaliation for attacks on tankers transiting the Strait of Hormuz. US President Donald Trump said the ceasefire with Iran has ended, stoking concerns that a renewal of war could again drive inflation and push up interest rates. This could reinforce expectations that the US Federal Reserve (Fed) may keep interest rates higher for longer to combat stubborn inflation. INR opened at Rs 95.52 per dollar and hit a low of 95.58 so far during the day. Yesterday, rupee tanked 59 paise to settle at 95.55 against the US dollar. The Indian stock market also suffered a massive crash, with the NSE Nifty 50 plunging 516.65 points (2.12%) to close at 23,882.05, while the BSE Sensex tanked 1,677.12 points (2.15%) to settle at 76,503.60. Local markets are however recovering from the sharp ...
Nifty Outlook for July 9: Analysts cite 23,800 as key support amid rising global uncertainty
Amid the late-session sell-off, the Nifty slipped from an intraday high of 24,300 to a low of around 23,805, before settling near the day's low.
OMCs, gas utilities remain top picks despite fresh oil price volatility: ICICI Securities
Probal Sen, Senior Research Analyst-Indian Oil & Gas Sector, Indian Agrichem Sector, Institutional Equities at ICICI Securities discusses India's energy outlook, LPG supply risks, ONGC and Oil India, while Trading.com's Peter McGuire shares his view on crude prices amid escalating West Asia tensions.
Top Banks Drag Bank Nifty: SBI, PNB, Bank Of Baroda, Canara Bank Fall; ICICI Bank Bucks The Trend
Bank Nifty declined after losses in SBI, Bank of Baroda, PNB and Canara Bank, while options data showed fresh short bets.
Indian Rupee loses momentum as international oil prices and dollar firms up
The Indian rupee lost momentum in opening trades on Wednesday as international oil prices and dollar firmed up following renewed tensions between US and Iran. Reported US air strikes on Iran drove oil prices higher, fueling inflation concerns and reinforcing expectations of interest rate hikes that kept dollar index upbeat. Meanwhile, investors also wait for the minutes of the Federal Reserves June meeting for additional insight into the policy outlook. INR opened at Rs 95.15 per dollar and hit a low of 95.19 so far during the day. Local equities are also seen in negative tracking global peers on concerns that the AI-fueled rally in chipmakers may be losing momentum. The Nifty 50 has fallen below 24,250 while the BSE Sensex has tumbled over 550 points, trading around the 77,60077,800 range. Yesterday, rupee appreciated 48 paise to close at 94.95 against the US dollar, on improved global risk sentiments as higher traffic flows through the Strait of Hormuz reduced supply uncertainties.
ICICI Prudential board approves reclassifying Prudential as an investor
ICICI Prudential Life Insurance's board approved seeking Irdai's nod to reclassify Prudential Corp. Holdings and rename the company to ICICI Life Insurance Ltd.
Outcome of board meeting of ICICI Prudential Life Insurance Company
Held on 06 July 2026