Monday, August 24
Gold and silver prices continued their record-setting run on Tuesday, extending gains at the open as strong global cues and sustained safe-haven demand kept investor sentiment firmly positive. On the Multi Commodity Exchange (MCX), gold February futures hit a new all-time high of Rs 1,38,300/10 grams, surging by over Rs 1,400.Meanwhile, silver March futures also started strong, shooting up by over Rs 4,000 to hit a new peak of Rs 2,16,596/kg, mirroring the broader rally in global bullion markets.Internationally, gold prices touched a fresh all-time high above $4,480 per ounce, marking the 50th record-breaking session this year. The rally has been supported by growing expectations of a more accommodative monetary stance from the US Federal Reserve, along with increased geopolitical uncertai
Shares of GPT Infraprojects zoomed 5.6% to an intraday high of Rs 117 on the BSE on Tuesday, December 23, after the company announced that it has been declared the L1 bidder for a Rs 670-crore infrastructure project awarded by the National Highway Authority of India (NHAI).The order has been secured through a consortium arrangement and was disclosed by the company in a regulatory filing on Monday.In its exchange filing, GPT Infraprojects stated that it has been declared L1 for the project in consortium with ISCPPL. The total order value stands at Rs 670 crore, and the bid has been submitted in the name of GPT-ISCPPL (Consortium). “In compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We are pleas
Indian equities edged lower at the open on Tuesday, with the Sensex and Nifty snapping a two-session advance, as foreign investors returned to selling mode and the market grappled with a lack of fresh catalysts ahead of the year-end.The Sensex fell 55 points, or 0.06%, to open at 85,513, while the Nifty 50 slipped 11 points, or 0.04%, to 26,161, with analysts flagging potentially thin trading volumes as the calendar year draws to a close.On the Sensex, losses were led by Infosys, Tata Consultancy Services, Asian Paints, Tech Mahindra and Eternal, with the stocks declining between 1% and 2%.Broader markets were marginally weaker, with mid-cap stocks down 0.2% and small-caps lower by 0.1%.Ambuja Cements stood out among individual names, rising 4% after the company approved the merger of ACC
Belrise Industries Share price surged as much as 8.7% to their new 52-week high of Rs 172.40 on the BSE on Tuesday, December 23, as a promoter group entity likely executed a block deal to sell a significant stake in the company. The transaction, estimated at Rs 897 crore, likely involves the sale of 5.83 crore equity shares, representing a 6.56% stake.According to a report by NDTV Profit, Sumedh Tools is the entity carrying out the share sale. The floor price for the deal has been fixed at Rs 153.70 per share, which is approximately 2.94% lower than the prevailing market price of Rs 158.36.The block deal is expected to be executed during trading hours on Tuesday.As per BSE shareholding data, Sumedh Tools held a 6.72% stake in Belrise Industries as of the quarter ending September 2025. Post
