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Gold slides by Rs 80, silver falls Rs 200Gold prices fell by Rs 80 to Rs 40,554 per 10 gram- Gold prices plummet Rs 766, silver tumbles Rs 1,148The precious metal had closed at Rs 41,400 per 10 gram on Wednesday.
- Gold drifts lower by Rs 240 on weak international pricesGold for 24 Karat on Saturday had closed at Rs 38,770 per 10 gram here.
- Yogesh Mehta of MOSL on when to invest in telecom“LTCG tax if introduced more likely to be a gradual extension from 1-year to 2-year to 3.”
- Many positives driving market, Nifty looks poised to top the 10,000 markAfter hovering at four-digit level for the past two decades, the 50-share index looks poised to cross the psychologically important 10,000 ...
- RBL Bank among top trading ideas for next week: Yogesh Mehta, Motilal Oswal SecuritiesMehta says Cadila Healthcare has been re-rated after the drugmaker received USFDA clearance for its Moraiya plant. The target price has bee...
- Markets won't find it easy to climb over 8,600-8,650 levels in a hurry: Yogesh Mehta, Motilal Oswal"I see a consolidation at these levels. Midcap companies are in action since the last three days. So, we think 8,600-8,650 should be a cons...
- Sensex up 271 points as Ukraine ceasefire deal lifts marketsThe benchmark index, BSE Sensex, surged 271 points, or 0.95%, to close at 28805. The broader NSE Nifty gained 84 points, or 0.98%, to end a...
- Markets poised to go higher; only unforeseen events could derail ongoing rally: Yogesh Mehta, Motilal Oswal Securities"It will be a sustained rally and the markets will keep on moving on the upper side," says Yogesh Mehta.
- PSU banks join party; Bank Nifty hits all-time highBanks and financials have weightage of over 19 per cent on the Nifty. A rally in Bank Nifty also pushed the NSE benchmark Nifty to record h...
- Market won’t enter new zones unless it cracks 7850: Yogesh Mehta, Motilal Oswal SecuritiesMarket is holding in between the range of 200 points, and unless we cross 7850, it would be very difficult for the market to get in the new...
- Tata Motors likely to report strong Q1 results; stock may gain 20% in one yearElara Sec report says Tata Motors’ standalone business is expected to bleed at operating level yet again as volume crashed by 28%.
- Traders will look to book some profits before poll results: Yogesh Mehta, Motilal Oswal Securities"It seems that before the May 16 poll result, there will be a note of caution for the traders’ community and they would be looking at booki...
- Expect IT companies to do very well next year too: Yogesh Mehta, Motilal Oswal Securities"TCS has shown a fantastic set of numbers, though valuation-wise it is quite rich and among its peers, it is the leader right now, based on...
- Looking at pharma space: Yogesh Mehta, Motilal Oswal Securities"We like consumption, but valuations are still not so attractive."
- Market is witnessing profit booking: Yogesh Mehta, Motilal Oswal SecuritiesRaw material cost is not increasing and now the replacement cycle is also on and it is in demand.
- Expect Nifty to trade in 5960-6200 range in short term: Yogesh Mehta, Motilal Oswal SecuritiesWe are looking at a neutral position right now on United Spirits, post the new announcement yesterday.
- See some more easing off of policy rates going forward: Yogesh Mehta, Motilal Oswal Securities'With the MSF being relaxed, we feel that some more liquidity will be eased off, up to say Rs 200 mn, which will fuel the economy further,'...
- Price hike to augur well for oil and gas space: Yogesh Mehta, Motilal Oswal SecuritiesOMC companies will not have much of an impact here because right now all the subsidy has been passed on from ONGC.
- ICICI Venture, Baring PE set to buy 32% in Karvy for Rs 500 crLeading private equity investors ICICI Venture and Baring Private Equity Asia are set to invest around Rs 500 crore to pick up around 32% s...
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