Page 29 - Multi Commodity Exchange News Today

Atleast eight small cap stocks, which have given more than 40% returns since November, saw increase in mutual fund holding, data by Ace MF showed.

Analysts say appreciation in the Rupee, which is trading at a 3-month high against the dollar, is checking the appreciation in Bullion prices

Retail investors now own a bigger slice of smallcap companies than at the start of 2023-24 (FY24), underscoring their growing conviction about investing in this red-hot space. Data from Capitaline shows mutual funds (MFs) average holding in the National Stock Exchange Nifty Smallcap 250 rising to 9.26 per cent from 8.67 per cent during the first six months of FY24, with the number of companies with over 20 per cent MF holdings increasing from 24 to 28. In comparison, MF holdings in Nifty50 compa...

Market watchers expect the US Fed to cut interest rates in 2024, with the first one coming as soon as March 2024

Gold rate today: In Delhi, people have to spend Rs 57,900 for 10 grams of 22-carat gold and Rs 63,150 for the same amount of 24-carat gold.

During the period from November 1 to December 1, precious metals prices, specifically gold and silver, surged significantly

Despite gold and sliver experiencing major surges, precious metals prices remain mixed, keeping the index flat into the end of the year.

The rally was sparked by market expectations of a rate cut by the US Federal Reserve

The US central bank highlighted slowing growth and easing inflation as reasons for the shift in narrative

Gold prices extended gains on Thursday after Feds rate-cut forecast resulted in weakening of US dollar on Thursday. Spot gold rose 1% at $2,046.69 per ounce as of 9:46 a.m. ET (1446 GMT), after surging 2.4% on Wednesday