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Gold prices likely to reach around Rs 70,000 per 10 grams in 2024, says industry body

Gold prices likely to reach around Rs 70,000 per 10 grams in 2024, says industry body

“The yellow metal#39;s appeal as a safe haven investment and a perfect hedge against inflation is likely to continue in 2024 as consumers face high commodity prices and elevated interest rates worldwide thus overheating financial markets, GJC chairman Saiyam Mehra said in a statement.

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​ “The yellow metal#39;s appeal as a safe haven investment and a perfect hedge against inflation is likely to continue in 2024 as consumers face high commodity prices and elevated interest rates worldwide thus overheating financial markets, GJC chairman Saiyam Mehra said in a statement. “The yellow metal#39;s appeal as a safe haven investment and a perfect hedge against inflation is likely to continue in 2024 as consumers face high commodity prices and elevated interest rates worldwide thus overheating financial markets, GJC chairman Saiyam Mehra said in a statement.  Moneycontrol Latest News Read More  

“The yellow metal#39;s appeal as a safe haven investment and a perfect hedge against inflation is likely to continue in 2024 as consumers face high commodity prices and elevated interest rates worldwide thus overheating financial markets, GJC chairman Saiyam Mehra said in a statement.

Taking Stock: Sensex falls 379 pts, Nifty around 21,650; auto, IT, banks major drag

Taking Stock: Sensex falls 379 pts, Nifty around 21,650; auto, IT, banks major drag

Top losers on the Nifty were Eicher Motors, MM, UltraTech Cement, LT and Kotak Mahindra Bank, while gainers were Coal India, Adani Ports, Sun Pharma, Divis Labs and Cipla.

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​ Top losers on the Nifty were Eicher Motors, MM, UltraTech Cement, LT and Kotak Mahindra Bank, while gainers were Coal India, Adani Ports, Sun Pharma, Divis Labs and Cipla. Top losers on the Nifty were Eicher Motors, MM, UltraTech Cement, LT and Kotak Mahindra Bank, while gainers were Coal India, Adani Ports, Sun Pharma, Divis Labs and Cipla.  Moneycontrol Latest News Read More  

Top losers on the Nifty were Eicher Motors, MM, UltraTech Cement, LT and Kotak Mahindra Bank, while gainers were Coal India, Adani Ports, Sun Pharma, Divis Labs and Cipla.

For Indian IT, 2023 was one of the worst years since Global Financial Crisis

For Indian IT, 2023 was one of the worst years since Global Financial Crisis

Industry experts see the impact of the ongoing market conditions for the IT sector spilling over to 2024. The uncertainty around discretionary spending will continue for at least the next six months.

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​ Industry experts see the impact of the ongoing market conditions for the IT sector spilling over to 2024. The uncertainty around discretionary spending will continue for at least the next six months. Industry experts see the impact of the ongoing market conditions for the IT sector spilling over to 2024. The uncertainty around discretionary spending will continue for at least the next six months.  Moneycontrol Latest News Read More  

Industry experts see the impact of the ongoing market conditions for the IT sector spilling over to 2024. The uncertainty around discretionary spending will continue for at least the next six months.

Gainers and Losers: 10 stocks that moved the most on January 2

Gainers and Losers: 10 stocks that moved the most on January 2

Except Nifty Pharma, Energy and Metals, all the sectoral indices ended up in the red.

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​ Except Nifty Pharma, Energy and Metals, all the sectoral indices ended up in the red. Except Nifty Pharma, Energy and Metals, all the sectoral indices ended up in the red.  Moneycontrol Latest News Read More  

Except Nifty Pharma, Energy and Metals, all the sectoral indices ended up in the red.

Vraj Iron and Steel IPO: Company files DRHP for fund raising of Rs 171 crore

Vraj Iron and Steel IPO: Company files DRHP for fund raising of Rs 171 crore

Vraj Iron and Steel IPO: The public issue consists of only a fresh issuance of shares worth Rs 171 crore and there will be no offer-for-sale (OFS) component.

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​ Vraj Iron and Steel IPO: The public issue consists of only a fresh issuance of shares worth Rs 171 crore and there will be no offer-for-sale (OFS) component. Vraj Iron and Steel IPO: The public issue consists of only a fresh issuance of shares worth Rs 171 crore and there will be no offer-for-sale (OFS) component.  Moneycontrol Latest News Read More  

Vraj Iron and Steel IPO: The public issue consists of only a fresh issuance of shares worth Rs 171 crore and there will be no offer-for-sale (OFS) component.

RK Damani portfolio stock VST Industries up 20% on block deal

RK Damani portfolio stock VST Industries up 20% on block deal

As many as 6 lakh shares changed hands during trade today, significantly higher than one-week average of 5,000

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​ As many as 6 lakh shares changed hands during trade today, significantly higher than one-week average of 5,000 As many as 6 lakh shares changed hands during trade today, significantly higher than one-week average of 5,000  Moneycontrol Latest News Read More  

As many as 6 lakh shares changed hands during trade today, significantly higher than one-week average of 5,000

Sell USDINR; target of : 83.15 : January 02, 2024: ICICI Direct

Sell USDINR; target of : 83.15 : January 02, 2024: ICICI Direct

ICICI Direct, Rupee depreciated marginally yesterday amid muted domestic market sentiments and dollar demand from importers.

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​ ICICI Direct, Rupee depreciated marginally yesterday amid muted domestic market sentiments and dollar demand from importers. ICICI Direct, Rupee depreciated marginally yesterday amid muted domestic market sentiments and dollar demand from importers.  Moneycontrol Latest News Read More  

ICICI Direct, Rupee depreciated marginally yesterday amid muted domestic market sentiments and dollar demand from importers.

Sell USDINR; target of : 83.15 : January 02, 2024: ICICI Direct

Sell USDINR; target of : 83.15 : January 02, 2024: ICICI Direct

ICICI Direct, Rupee depreciated marginally yesterday amid muted domestic market sentiments and dollar demand from importers.

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​ ICICI Direct, Rupee depreciated marginally yesterday amid muted domestic market sentiments and dollar demand from importers. ICICI Direct, Rupee depreciated marginally yesterday amid muted domestic market sentiments and dollar demand from importers.  Moneycontrol Latest News Read More  

ICICI Direct, Rupee depreciated marginally yesterday amid muted domestic market sentiments and dollar demand from importers.

Nifty, Sensex in bear grip amid rising Red Sea tension, pre-Q3 earnings uncertainty

Nifty, Sensex in bear grip amid rising Red Sea tension, pre-Q3 earnings uncertainty

Expensive valuations have slowed down exuberant investors as they gear their portfolios towards the upcoming Q3 earnings season which begins next week with TCS and Infosys leading the show on January 11

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​ Expensive valuations have slowed down exuberant investors as they gear their portfolios towards the upcoming Q3 earnings season which begins next week with TCS and Infosys leading the show on January 11 Expensive valuations have slowed down exuberant investors as they gear their portfolios towards the upcoming Q3 earnings season which begins next week with TCS and Infosys leading the show on January 11  Moneycontrol Latest News Read More  

Expensive valuations have slowed down exuberant investors as they gear their portfolios towards the upcoming Q3 earnings season which begins next week with TCS and Infosys leading the show on January 11

NRIs likely to account for 20% of DLF’s total sales in FY23-24: Joint MD Aakash Ohri

NRIs likely to account for 20% of DLF’s total sales in FY23-24: Joint MD Aakash Ohri

Ohri said that Indian diaspora across the world, including in the US, Middle East, South East Asia, Australia and Canada, had purchased homes in different DLF projects.

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​ Ohri said that Indian diaspora across the world, including in the US, Middle East, South East Asia, Australia and Canada, had purchased homes in different DLF projects. Ohri said that Indian diaspora across the world, including in the US, Middle East, South East Asia, Australia and Canada, had purchased homes in different DLF projects.  Moneycontrol Latest News Read More  

Ohri said that Indian diaspora across the world, including in the US, Middle East, South East Asia, Australia and Canada, had purchased homes in different DLF projects.

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