By Rahul shah The equity benchmark index ended the previous week on a flat note. However, it was one of the busiest weeks during the year 2023 – both US Fed and ECB interest rate decision, a bunch of quarterly results from both India and the US, lots of economic data, April series F&O expiry […]
Month: February 2023
Vedanta: Demerger a positive step; expansion of aluminum business will lead to increased profitabilityVedanta: Demerger a positive step; expansion of aluminum business will lead to increased profitability
By Nuvama Research Vedanta (VEDL) recently announced a demerger of its existing businesses into six listed entities. This demerger is designed as a straightforward vertical split, where for every one share of VEDL, shareholders will also receive one share in each of the five newly listed companies. We view this demerger, expected to be completed […]
Gold Price Today, 15 September: MCX gold rises amidst positive global cues; support seen at Rs 58440-58240, resistance at Rs 58820-59170Gold Price Today, 15 September: MCX gold rises amidst positive global cues; support seen at Rs 58440-58240, resistance at Rs 58820-59170
Gold Price Today, Gold Price Outlook, Gold Price Forecast: MCX gold prices ascended on Fridays, while silver rates also witnessed a surge of 0.95%. On the Multi Commodity Exchange, gold October futures were trading at Rs 58,703 per 10 grams, up by Rs 115, or 0.20%. Silver December futures were trading up by Rs 674 […]