Year Ender 2023 | The year that was for the Indian rupee
In the year 2023, the Indian rupee displayed resilience compared to the previous year when its performance was at a nine-year low. The rupee opened at 82.66 against the US dollar on the first trading day of 2023. On December 27, it at 83.35 versus the greenback, a...
Why gold price surged 13% in 2023? Experts list out these 5 reasons
Despite dominating other assets throughout the year, gold return in year-to-date (YTD) time missed to beat stock market return in 2023. Thanks to recent Santa rally ahead of Christmas, which enabled Nifty 50 index to register 8.50 per cent rise in last one month,...
Gold rates today at life-time high. Should you buy in current rally?
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MCX gold rate retraces from record high. Should you buy or wait for more dip?
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Indian bourses snap six-day rally, led by RIL, Infy
The 30-share BSE Sensex plunged 887.64 points or 1.31% to end at 66,684.26, while the broader Nifty 50 tumbled 234.15 points or 1.17% to settle at 19,745. Benchmark indices - BSE Sensex and NSE Nifty - tumbled over 1% on Friday after IT behemoth Infosys slashed its...
De-dollarisation: The eroding dominance of the US Dollar
The US dollar has long been the world's reserve currency, but its dominance is under threat. In recent years, there has been an accelerating trend towards de-dollarization as countries seek to reduce their reliance on the dollar. The dominance of the US dollar...
Sensex, Nifty touch record high but did they outshine gold in H-1CY23?
Nifty vs Sensex vs gold: After giving zero return in first two months of the current year (CY) 2023, key benchmark indices of the Indian stock market — NSE Nifty and BSE Sensex — witnessed strong rally in last four months that helped both indices to touch record high...
Gold delivers 8% return in first quarter of 2023. Opportunity to buy on dips?
Gold rate today: On account of bank crisis in US and Europe and fear of economic slowdown, gold prices delivered stellar return among all assets in first quarter of the current year (CY) 2023. On MCX, gold prices shot up from around ₹54,975 per 10 gm to ₹59,371 per 10...
Why Sensex surged 1000 points today — explained
Stock market today: Indian stocks snapped its three days losing streak and surged in early morning deals on Friday session. 30-stock BSE Sensex opened upside and regained the psychological 60,000 levels. The BSE sensitive index went on to hit intraday high of 60,889...
Indian Rupee had its share of good, bad and ugly in 2022
The year 2022 was everything but favourable for the Indian currency. Even though, India emerged as one of the fastest growing among its counterparts, at a time dominated by global economic recession, the nation's currency fared the worst this year—its nine years' low....
