Page 66 - Benchmark News Today

Open interest in Nifty January futures at over Rs 301 billion or 13.9 million shares, is the highest seen since the April derivative series, pointed out analysts. The base with which the new year and the January series begin shows the ultra-bullish sentiment prevailing in the market.

​Gold touched its highest in more than three weeks on Wednesday, as traders bought zero-yield bullion in anticipation of U.S. interest rate cuts next year, while a dip in the dollar and bond yields also supported prices.

​The dollar index edged lower on Tuesday as investors waited on fresh clues to when the Federal Reserve is likely to begin cutting interest rates as inflation falls closer to the U.S. central banks 2% annual target.

Pakistans benchmark share index, the KSE100, dropped 3.1% during intraday trading on Tuesday, data on the Pakistan Stock Exchange (PSX) website showed.

​Gold consolidated gains on Tuesday, extending its climb for a third session on a weaker dollar and Treasury yields, in holiday-thinned trading in the last week of the year with traders eyeing an early 2024 start to U.S. rate cuts.

According to the data compiled by the Ministry of Consumer Affairs, the retail onion prices during the past three weeks from December 5 to December 26 have declined by 10% to 34% in different states. The retail prices have come down from average Rs 60/kg to Rs 40/kg during this period, the data showed.

​The combined market valuation of three of the 10 most valued firms jumped Rs 70,312.7 crore last week, with Reliance Industries emerging as the biggest winner, amid volatile market conditions.

Plans for longer trading hours and more open interbank FX market will stoke KRW hedging demand

THE Acer Swift Edge 16, a notable entrant in the 16-inch laptop market, redefines portability without sacrificing performance. Its magnesium-alloy frame, a signature of Acers commitment to sophisticated, featherlight design, encases a 16-inch 3.2K OLED screen. This display, with its exceptional color saturation and depth of contrast, brings images to life, albeit with some reflections in brightly lit environments.

NVIDIA responds to AMD's showcasing the MI300X being faster than the H100 GPU. Here are the real results where the H100 is up to 2X faster.