Gold price is attempting to stabilize around the short-term EMA cluster after a sharp fall. (AI image) Gold price prediction today: Gold prices continue to be volatile and a buy on dips strategy is recommended for today, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities recommends a buy on dip strategy.Gold…
For the quarter ended March 31, 2026, Infosys posted a consolidated net profit of Rs 8,501 crore, up 21 per cent from Rs 7,033 crore. Infosys share price today: The stock price of India’s second largest IT services firm fell sharply on Friday despite the company’s quarterly results beating market expectations. Infosys came under significant…
The sharp rise in global crude prices following the US-Iran conflict has sparked a surge in retail participation in India’s oil derivatives market, leading to a substantial increase in futures and options trading on domestic exchanges. Trading volumes in crude oil futures on the Multi Commodity Exchange of India rose dramatically in March. Average daily…
BENGALURU: Infosys shares fell 6% in early NYSE trade after the company forecast broad-based revenue growth of 1.5% to 3.5% for FY27, while maintaining that underlying demand remains resilient despite geopolitical uncertainty. Its operating margin guidance remains unchanged at 20%-22%.For the March quarter, revenue grew 4.1% year-onyear in constant currency but declined 1.3% sequentially. In…
Gold and silver prices slipped weighed down by a firm US dollar, Yields and persistent uncertainty around the Middle East conflict, as markets remained cautious over the prospects of fresh US-Iran peace talks. Bullion struggled for direction after President Trump announced an indefinite ceasefire extension, but with no clear diplomatic progress, as Iran demanded the…
File photo (Picture credit: AP) Asian markets showed a mixed and cautious trend on Friday, with investors remaining on edge as uncertainty around the Iran conflict and stalled US-Iran talks continued to cloud sentiment.MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.3% and was on track for a modest weekly gain of 0.8%.Japan’s…
MUMBAI: With Brent crude hovering over $103/barrel and rupee below 94-to-a-dollar, sensex slid over 852 points (1.1%) on Thursday to 77, 664 points. Foreign funds were aggressive sellers with the net outflow at Rs 3, 255 crore, their biggest single-session net sell-off in two weeks, BSE and NSDL data showed.The fluid nature of the second…
MUMBAI: Reserve Bank of India ramped up dollar purchases in Feb, signalling a shift to rebuilding forex reserves after the rupee stabilised following the US–India trade deal announcement in the same month.Despite heavy spot purchases, net forward sales stood at $77.7 billion, indicating continued reliance on forward markets. While Feb did provide an opportunity for…
MUMBAI: Bank lending is back in favour. In FY26 it reclaimed primacy in financing India’s commercial sector, its share of total resource flows climbing to a three-year high, as per RBI’s April bulletin.The shift is stark. Total resource flows reached Rs 44.7 lakh crore in FY26, while nonfood bank credit surged to Rs 29.2 lakh…
NEW DELHI: Government has started to assess potential risks from advanced artificial intelligence (AI) models, such as Anthropic’s Mythos, with finance minister Nirmala Sitharaman and IT minister Ashwini Vaishnaw chairing a high-level meeting on Thursday with banks and regulators to review emerging threats from AI models.The meeting was attended by senior officials from the Reserve…