Crowds move past the New York Stock Exchange building, second from right, during a crash in stock prices in this October 24, 1929 photo. | Photo Credit: AP Mondays are often mysterious, sometimes monstrous too, in the world of finance. For, two dull and dormant days are hidden in their bellies (Saturdays and Sundays). In…
Retail investors who had flocked to the market at the time of COVID outbreak are believed to be the worst hit by the market mayhem. Those who could not book profits and averaged during the period of correction since September 2024 to average the losses seem to be impacted the most. “One thing that the…
CRASH OF 1929: This picture, taken in 1929, shows a view of Wall Sreet in New York during the financial crisis. October 1929 was the beginning of the 1929 stock market crash. Within the first few hours the stock market was open, prices fell so far as to wipe out all the gains that had…
Analysts attribute the downturn to ongoing panic selling in equity markets and investor caution amid rising trade tensions and the upcoming US Consumer Price Index data, expected to impact interest rate expectations. | Photo Credit: Gold prices tumbled by ₹1,550 to ₹91,450 per 10 grams in the national capital on Monday amid heavy selling by…
People walk past the Bombay Stock Exchange building in Mumbai on April 7, 2025. | Photo Credit: PTI Much in sync with their global peers, the Sensex and the Nifty 50, tumbled on Monday (April 7,2025) as concerns over a potential global trade war spooked investor confidence. Monday’s (April 7, 2025) events reignited fear of…
In India, gold dropped to ₹8,908 per gram for 999 purity and ₹8,873 for jewellery gold | Photo Credit: Getty Images Gold prices continued to decline on Monday as investors sold off the precious metal holdings along with other asset classes to cover losses elsewhere. But, analysts are optimistic the yellow metal will rebound on…
People walk past the Bombay Stock Exchange (BSE) building, in Mumbai on April 7, 2025. | Photo Credit: PTI Stock markets crumbled on Monday (April 7, 2025) with benchmark Sensex sinking by 2,226.79 points — its steepest single-day decline in 10 months — as a global market carnage following U.S. President Donald Trump’s tariff hikes…
Representative image | Photo Credit: Getty Images/iStockphoto Precious metals continued to sail higher with both gold and silver recording handsome gains in March. Comex gold breezed past the psychological $3,100 mark to scale a fresh all-time high. The sentiment toward the precious metals was bolstered by the concerns about the fallout from U.S. tariffs. The…
Gold rates down | Photo Credit: Chris Ratcliffe Gold prices in India saw a slight decrease today, with rates decreasing by ₹25 per gram for 22-carat gold across most cities. The price for 8 grams of 24-carat gold also decreased by ₹208 compared to yesterday. Below is a detailed breakdown of gold prices in key…
Image used for representational purpose. | Photo Credit: G. R. Rajeev The government on Monday (April 7, 2025) hiked excise duty on petrol and diesel by ₹2 per litre each, according to an official order. The excise duty on petrol was increased to ₹13 per litre and that on diesel to ₹10, the order said….
