Budget 2020

Australian shares tumble as firmer bond yields, fall in tech stocks weigh

Australian shares closed at their lowest level in nearly a month on Friday, with tech stocks leading the declines, as risk assets lost their sheen after global bond yields firmed on expectations of economic expansion and rising inflation. The S&P/ASX 200 index ended 2.4 per cent lower at 6,673.3, marking its sharpest fall since Sept. […]

Budget 2020

Stock market update: MidCap stocks fall; The New Indian Assurance tumbles 17%

NEW DELHI: MidCap stocks trading on a negative note at 02:52PM (IST) on Monday. Shares of The New India Assurance (down 16.8 per cent), Future Retail (down 5.85 per cent), NHPC (down 5.81 per cent), Godrej Properties (down 4.51 per cent) and LIC Housing Finance (down 3.83 per cent) were the top losers in the […]

Budget 2020

After four-day fall, is the bull market intact on Dalal Street?

MUMBAI: The post-Budget party on Dalal Street may be over for now as market participants prepare for further pain next week ahead of the expiry of the February derivative series amid the ongoing turmoil in the domestic bond market. Keen observers pointed to the unrest in the government bond market that’s creating uncertainty among investors […]

Budget 2020

Irdai cautions public not to fall prey to fraud by Digital National Motor Insurance

NEW DELHI: Insurance sector regulator Irdai has cautioned the general public against falling prey to fraud and cheating by Digital National Motor Insurance in selling policies without a license. It has been brought to the notice of Irdai that an entity by the name of Digital National Motor Insurance operating from Bangalore has been selling […]

Budget 2020

Gold prices today fall below Rs 46,800; silver recovers to Rs 69,550

NEW DELHI: Gold futures prices traded with cuts on Wednesday following the trend in the international market, thanks to rise in the bond yield while silver futures continued to gain on industrial demand. Benchmark US Treasury yields gained more than 1.3 per cent to their highest since February 2020. Higher bond yields increase the opportunity […]

Budget 2020

Stock market update: Sugar stocks fall; Piccadily Agro sheds 6%

NEW DELHI: Sugar stocks were trading on a negative note in Monday’s afternoon session. Shares of Dharani Sugars & Chemicals (down 6.16 per cent), Piccadily Agro Industries (down 5.56 per cent), Riga Sugar Company (down 4.98 per cent), Thiru Arooran Sugars (down 4.96 per cent) and Dhampure Specialty Sugars (down 4.76 per cent) were among […]

Budget 2020

Asian shares fall amid uncertainty about Georgia senate runoff

In the United States, control of the Senate is at stake withTuesday’s dual runoff elections in Georgia. Asian shares edged lower on Tuesdayamid uncertainty about Senate runoffs in Georgia, which couldhave a big impact on incoming U.S. President Joe Biden’s economic policies. MSCI’s broadest index of Asia-Pacific shares outside Japanfell 0.12%, pulling back from a […]

Budget 2020

Cottonseed cake oil futures fall on soft demand

Cottonseed oil cake prices on Wednesday declined by Re 1 to Rs 1,999 per quintal in futures trade as participants reduced their bets tracking a weak trend in spot market. Analysts said sell-off by participants at existing levels amid subdued trend in market mainly weighed on cottonseed oil cake prices. On the National Commodity and […]