Despite softer demand in the domestic market, export orders strengthened in July. India’s manufacturing sector saw its slowest pace of activity expansion in nearly five years in July, according to HSBC India Manufacturing Purchasing Managers’ Index (PMI) data released on Monday.However, the manufacturing activity remained in expansion territory with the seasonally adjusted HSBC India Manufacturing…
Gold has shown signs of stabilising after a prolonged corrective phase, with prices rebounding from recent lows and moving back above the 20-day average. Gold price prediction today: Gold prices are showing signs of stabilising after a prolonged phase of correction, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices…
Which are the top stocks to buy this week? Stock market recommendations: Sansera Engineering, and Paytm have been picked as the top stocks to buy this week starting August 3, 2026 by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities. He has also provided a detailed outlook on Nifty and Bank Nifty: Stock…
Falling gobal crude oil prices and weaker US dollar lifted rupee higher in early trade on Monday. The currency traded at a gain of 31 paise against US dollar, while drawing support from foreign fund inflows, higher forex reserves and continued intervention by the Reserve Bank of India (RBI), according to forex traders.Rupee opened at…
After joining hands in a rare currency market intervention, the US and Japan have left the door open for more coordinated action, with Tokyo saying it is ready to step in again if yen continues to swing.In a statement issued on Monday, Japan’s ministry of finance said it intervened in the foreign exchange market on…
Top stocks to buy today – check top recommendations Stock market recommendations: RR Kable, and KFin Technologies have been picked as the top stocks to buy for the week starting August 3, 2026 by Motilal Oswal Wealth Management Research Desk: NAME CMP (Rs) TP (Rs) Upside (%) RR Kabel 2602 2960 14% KFin Technologies 936…
CHENNAI: Private Equity-Venture Capital (PE-VC) in India crossed $20 billion mark in Jan-July this year (CY2026). However, it is nearly 6% lower than $21.5 billion recorded in the corresponding seven month period (Jan-July) last year (CY2025) .July 2026 recorded an investment of $3 billion, which is flat against $3.2 billion in the same month in…
High frequency indicators, including industrial output and GST collections, point to resilient domestic activity. MUMBAI: RBI is expected to leave interest rates unchanged at its monetary policy committee meeting on August 5 as economists see little case for an immediate policy move despite rising inflation risks, with rupee being stable, resilient domestic growth and uncertainty…
Gold and silver outlook: Gold and silver prices are expected to move in a narrow range this week as investors await key economic data, especially the US non-farm payrolls report, for clues on the Federal Reserve’s next interest rate move.According to analysts, the market will also track purchasing managers’ index (PMI) data from the US,…
Months of turmoil in the Middle East have wrecked global energy supplies, forcing countries to rethink their energy security strategies. India, however, is looking inward. Rather than relying more heavily on imports, the government is betting on finding more oil and gas beneath its own seas by sharing the financial risks of deepwater exploration, an…
