A sustained move above Rs 145,000 could extend the recovery towards Rs 146,000. Gold price prediction today: Prospects of US Federal Reserve rate hikes are a major headwind for gold and the recent gains may be capped due to that, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Here’s what…
Stock market outlook: Where is Nifty50 headed? NEW DELHI: Dalal Street has had quite a run, clocking its strongest rally in 35 years with Sensex soaring an impressive 10% rise in the pre-Diwali session.But with the celebrations comes the big question: can the stock market keep the momentum going in Samvat 2083, or will investors…
Bank holiday on November 9 NEW DELHI: The Diwali festivities continue, and bank customers in several states will have to plan their branch visits around upcoming holidays.Banks will remain closed on Monday, November 9, with further closures scheduled for November 10 and 11. The holidays will vary from state to state, depending on the festivals…
Rupee moves below 94 against US dollar NEW DELHI: Rupee extended its gains for a second straight session on Monday, moving below the 94-per-dollar mark. The rally was supported by softer crude oil prices, stronger foreign fund inflows and hopes of easing tensions in the Middle East.The currency rose 24 paise to 93.74 against the…
Top stocks to buy in the week starting November 9, 2026 Stock market recommendations: Uno Minda, and Gabriel India are the top stocks that have been identified for buying this week (starting November 9, 2026) by Motilal Oswal Wealth Management Research. Let’s take a look: NAME CMP (Rs) Target (Rs) Upside (%) Uno Minda 1326…
MUMBAI: India’s cryptocurrency tax regime could hamper blockchain innovation and undermine the country’s potential to become a hub for building core blockchain infrastructure, Ethereum co-founder Vitalik Buterin said.Speaking on the sidelines of Devcon, Ethereum’s annual global developer conference, in Mumbai, the 32-year-old Russian-Canadian programmer said the 30% tax on crypto gains and 1% tax deducted…
Crude oil eases after Trump’s remarks Oil prices opened lower on Monday, with Brent crude briefly shedding more than $1 a barrel.The dip comes after US President Donald Trump said that fresh American strikes on Iran were “highly unlikely” if negotiations between the two countries made progress.Brent crude futures fell 52 cents, or 0.53%, to…
‘IDBI Bank sale not to have significant impact on business’MUMBAI: LIC has said it is in an advantageous position under Irdai’s new distribution norms and it also has taken steps to ring-fence the performance of bancassurance channels despite the impending sale of IDBI Bank – its largest bank distribution partner. Officials cited low expense ratio,…
While starting the Muhurat trading on a positive note, both BSE Sensex and Nifty50 slipped in red to end the session flat. NEW DELHI: Diwali began on a cautious note for Dalal Street this year. As investors marked the start of Samvat 2083 with the traditional one-hour Muhurat trading session, the Sensex and Nifty opened…
Experts are positive about Samvat 2083 and the recent stock market rally has added to their optimism. Samvat 2083, the beginning of the new accounting year, has started with BSE Sensex and Nifty50 ending marginally in red.The declines meant that both the Sensex and Nifty ended their eight-year streak of gains during Diwali trading sessions,…
