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02 Sep

Gold Price Today!

Purbalee DuttaNews

Gold prices surged in the domestic futures market on Tuesday morning (September 2), driven by a weaker US dollar and growing expectations of a Federal Reserve rate cut this month. Concerns around US President Donald Trump’s tariff policies also added to the precious metal’s appeal as a safe haven. At around 9:15 AM, gold October futures on the MCX were up by 0.47% at ₹1,05,280 per 10 grams, while silver December futures rose 0.18% to ₹1,24,889 per kg. Globally, gold hit a record high, with US December gold futures climbing over 1% to $3,578.20. Investors are now awaiting Friday’s US…

01 Sep

Bajaj Auto shares upgrade 4%, company releases vehicle sales data for August

Business CorrespondentBusiness, News

Bajaj Auto shares rallied nearly 4% on Monday, September 1. The automaker reported a 5% year-on-year rise in total vehicle wholesales, including exports, in August to 417,616 units. According to its regulatory filing, the Pune-based automaker sold 397,804 vehicles in August 2024. However, the company's total domestic sales (including commercial vehicles) declined 8% to 232,398 units in August as against 253,827 units sold in the same month last year. According to the filing, its total exports grew 29% to 185,218 vehicles in July as against 143,977 units in the same period last year. Total two-wheeler sales, including exports, grew 2%…

30 Aug

Reliance Industries share price decrease 2%; 48th Annual General Meeting begins

Business CorrespondentBusiness, News

Reliance Industries shares fell over 2% at 2:45 pm during the ongoing Annual General Meeting. The highlight of the Annual General Meeting was Jio's IPO, which the chairman said is expected in the first half of 2026. Among other major announcements, the Jio IPO announcement was the most watched and was in line with the expected announcements at Reliance's Annual General Meeting. However, investor sentiment remains pessimistic as they expected the telco to go public in 2025. After the recent decline from its 52-week high of ₹1,544 per share on the NSE, Reliance shares have performed steadily in 2025 and…

29 Aug

Vikram Solar shares increase over 1% on the second day of listing, trading nearly 9% higher than the IPO issue price

Business CorrespondentBusiness, News

Vikram Solar Share Price: Shares of solar module maker Vikram Solar are trading in the positive zone on Thursday, August 28, the second day of listing. The stock rose 1.36% to ₹361.25 per share at 11:02 am on the National Stock Exchange (NSE). It gained 5.21% during the day's trade. It has a market capitalisation of ₹13,068.84 crore. The stock is up 8.81% from its issue price of ₹332 per share. The company's shares opened at ₹338, up 1.81% from the issue price on the NSE. It debuted at ₹340 on the BSE, showing a gain of 2.41%. Vikram Solar's…

28 Aug

Aluminium futures increase: New deals push fuel prices higher

Business CorrespondentBusiness, News

New Delhi: Aluminium prices rose 35 paise to Rs 253.15 per kg in futures trade on Thursday as speculators created new deals amid a positive trend in the spot market. At the Multi Commodity Exchange, the price of aluminium contract for September delivery rose 35 paise, or 0.14 percent, to Rs 253.15 per kg in a business turnover of 3,998 lots. Analysts said fresh buying by traders amid demand from consumer industries supported aluminium prices in the futures market.

27 Aug

Cottonseed oil futures prices downgrade on weak demand

Business CorrespondentBusiness, News

New Delhi: Cottonseed oil cake prices on Tuesday fell by Rs 49 to Rs 3,474 per quintal in futures trade as traders reduced their positions following a weak trend in the spot market. On the NCDEX, cottonseed oil cake contracts for September delivery fell by Rs 49, or 1.41 per cent, to Rs 3,474 per quintal in a business turnover of 31,930 lots. Analysts said selling by traders at current levels amid sluggish market sentiment mainly led to the fall in cottonseed oil cake prices.

26 Aug

Gold rose Rs 600, silver Rs 3,000

Business CorrespondentBusiness, News

New Delhi: Gold prices in the national capital on Tuesday rose by Rs 600 to Rs 1,00,770 per 10 grams, supported by a weak rupee and strong global trends, according to the All India Sarafa Association. The precious metal of 99.9 percent purity had closed at Rs 1,00,170 per 10 grams on Monday. Gold of 99.5 percent purity rose by Rs 500 to Rs 1,00,400 per 10 grams (inclusive of all taxes), as against the last close of Rs 99,900 per 10 grams. Silver prices rose by Rs 3,000 to an all-time high of Rs 1,18,000 per kg (inclusive of…

25 Aug

Copper futures increase on spot demand

Business CorrespondentBusiness, News

New Delhi: Copper futures on Monday rose 0.48 percent to Rs 892.35 per kg on increased spot demand. At the Multi Commodity Exchange, copper contracts for September delivery rose by Rs 4.25, or 0.48 percent, to Rs 892.35 per kg in a business turnover of 6,063 lots. Analysts attributed the rise in copper prices to higher bets by participants.

23 Aug

Aluminium futures increase: New deals push fuel prices higher

Business CorrespondentBusiness, News

New Delhi: Aluminium prices rose 30 paise to Rs 251.80 per kg in futures trade on Friday as speculators created new deals amid a positive trend in the spot market. At the Multi Commodity Exchange, the price of aluminium contract for September delivery rose 30 paise, or 0.12 percent, to Rs 251.80 per kg in a business turnover of 1,909 lots. Analysts said fresh buying by traders amid demand from consumer industries supported aluminium prices in the futures market.

22 Aug

Apollo Hospitals shares downfall 1% after its promoter sold stake worth ₹1,489 crore through a block deal

Business CorrespondentBusiness, News

Apollo Hospitals shares fell nearly 1% to a low of ₹7,852 per share after promoter and managing director Suneeta Reddy sold her 1.32% stake in the hospital chain through a block deal. According to reports, shares worth ₹1,489 crore were sold in the block deal and nearly 19 lakh shares were sold at a floor price of ₹7,850 per share, down nearly 1% from Thursday's close price. Citing people familiar with the matter, CNBC Awaaz had reported on Thursday that Reddy would sell 1.25% stake in the company. Suneeta Reddy holds a 3.36% stake in Apollo Hospitals as of June…